HomeMy Public PortalAbout05 May 27, 1993 Special CommissionRIVERSIDE COUNTY TRANSPORTATION COMMISSION
SPECIAL MEETING
THURSDAY, MAY 27, 1993
9:00 A.M.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
3560 UNIVERSITY AVE., STE. 100
RIVERSIDE, CA 92501
Conference Room "A"
AGENDA
1. CALL TO ORDER.
2 PUBLIC COMMENTS.
3. AGENDA NOTICES/REVISIONS.
4. SURFACE TRANSPORTATION PROGRAM DISCRETIONARY FUND PROGRAM EQUITY
CALCULATION USE.
Overview
This item was continued from the Commission's May 12th meeting. This is for discussion and
clarification regarding the intended use of the "equity" calculation for the Surface Transportation
Program Discretionary Funds for non -planning projects.
5. PROPOSED FY 1993/94 RIVERSIDE COUNTY TRANSPORTATION COMMISSION, MEASURE
A, SERVICE FOR FREEWAY EMERGENCIES BUDGET.
Overview
The proposed FY 1993/94 Budgets for Riverside County Transportation Commission, Measure A
and Service Authority for Freeway Emergencies are presented to the Commission for further
discussion. Adoption of the budgets is scheduled for the Commission's June 9th meeting.
6. CLOSED SESSION (if necessary)
7. ADJOURNMENT.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
May 24, 1993
TO: Riverside County Transportation Commissioners
FROM: Naty Kopenhaver
SUBJECT: Addition to May 27th Commission Agenda
The following items were received after the May 27th Special Meeting agenda was mailed
and they will be introduced as "latebreaking items" at the meeting:
o City of Corona Local Streets and Roads Financing Request
In June 1989, the Commission approved the use of Measure A funds for
lengthening and widening of the Smith, Maple, and Lincoln overcrossings, in the
City of Corona, to accommodate future Measure A highway widening projects on
Route 91. RCTC agreed to fund a proportionate share of the project costs for the
overcrossing lengthening and to loan the City of Corona funding to cover its
proportionate share of the project costs for the overcrossing widening, pending
approval of the Interchange Improvement Program policies and project list. In
order to expedite the project, RCTC agreed to a loan from the Measure A Highway
Program to cover the City of Corona share of the project. This agenda item
recommends that RCTC approve the City of Corona's request to arrange for
approximately $$5.43 million in Local Streets and Roads financing for repayment
of its share of the Smith, Maple and Lincoln Project.
o Passenger Rail Bond Measure - Special Election
A memorandum received from Assemblyman Richard Katz stated that he will be
pursuing placing a $1 billion transportation bond measure on the ballot for a
special election this November to fund California's rail program which will create
jobs while improving transit throughout the State. Unsuccessful passage of
Proposition 156 has left a $1 billion "hole" in funding the adopted 7-Year State
Transportation Improvement Program.
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