Title
Subject: Consider accepting $1,936,000 of grant funding from Santa Clara County 2016 Measure B Program for Fiscal Year 2022-2023. The total grant allocation is for the Junipero Serra Trail East Segment
Recommended Action
Accept $1,936,000 of grant funding from Santa Clara County 2016 Measure B Program for Fiscal Year 2022-2023. The total grant allocation of $1,936,000 for Junipero Serra Trail East Segment requires:
1. Adopting Resolution No. 21-128 titled "Request of the Metropolitan Transportation Commission for the allocation of Fiscal Year 2022-2023 Transportation Development Act Article 3 Pedestrian/Bicycle Project Funding" requesting $1,015,022 and authorizing acceptance of said funds when approved
2. Authorizing the City Manager to negotiate and execute "Funding Agreement between the City of Cupertino and Santa Clara Valley Transportation Authority for Junipero Serra Trail, East Segment" for the remaining Measure B allocation of $920,978 with Santa Clara Valley Transportation Authority
3. Adopting Resolution No. 21-129 approving Budget Modification No. 2122-176 increasing appropriations and revenues for Junipero Serra Trail - East Segment (420-99-036, ST 046) by $1,936,000