City Council Study Session Agenda and Packet 2018 01 09

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SUBJECT: DATE: TRANSPORTATION FUNDING UPDATE JANUARY 9, 2018 PAGE 4 OF 5 Because CDOT is overseeing the distribution of SB17- 267 funds, and high priority state projects are expected to be a cornerstone of any potential ballot measure, CDOT has developed a list of projects that could be funded with both funding sources. The State Transportation Advisory Committee and Transportation Commissions both met in December to review the CDOT staff proposed lists for potential priority projects for both funding sources. The draft list (linked in Attachment 3, page 7 last line) provided by CDOT staff includes three projects in our region, including $10 million for improvements to SH 42 as part of taking over SH 42 from the state (devolution). The Transportation Commission is expected to formally adopt the list at its January meeting. City staff have had limited conversations with CDOT and the City of Lafayette regarding the potential devolution of SH 42, and are evaluating the impacts of this possibility. However, no comprehensive cost estimates have been generated, nor have long term cost implications been evaluated, and therefore we have requested that CDOT change the language on their list to more accurately reflect the need for improvements to SH 42 with or without devolution. CDOT has agreed to seek that change with the next iteration of the list. The CDOT Commissioner and staff for Region 4 have indicated that keeping the project on the list is in our best interest, as this is really the only way to ensure funding would be dedicated for full or partial implementation of the SH 42 PEL as well as any additional improvements necessary over the long term. Staff will keep Council apprised of any future discussions related to SH 42, as well as the impact on Louisville from SB17- 287 funding decisions and potential ballot measures. Louisiville MyRide Program Update: The City has partnered with the Town of Superior, Boulder County and Commuting Solutions to apply for TDM (Transportation Demand Management) funding through DRGOG (Attachment 5). The funds will be used to launch the "Tapping into Transit" program, which will support the growth of the My Ride program in Louisville and Superior by providing funding to conduct strategic outreach and marketing for low- income residents to attend local events and receive MyRide cards. The full TDM request is approximately $250,000 and will leverage a portion (approximately $23,000) of the $40,000 approved by Council for MyRide to expand our outreach within the community. The program will focus on Louisville residents as well as employees commuting to Louisville for work. At a recent CDOT/DRCOG regional quarterly meeting, DRCOG shared that there were 15 TDM pool applications totaling $2.7M, with $2.2M available. FISCAL IMPACT: Fiscal impact of these funding sources and grant application is currently unknown. CITY COUNCIL COMMUNICATION 5