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CC - CONSENT ITEM - Adoption of a Resolution Incorporating Sepulveda Boulevard from Venice Boulevard to the southerly City boundary near Franklin Avenue, on the List of City Projects to be Funded by SB1 (The Road Repair and Accountability Act of 2017).
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Meeting Date: June 13, 2022
Contact Person/Dept: Mate Gaspar/Public Works
Phone Number: 310-253-5602
Fiscal Impact: Yes [x] No [ ] General Fund: Yes [ ] No [x]
Attachments: Yes [X] No []
Commission Action Required: Yes [ ] No [x]
Public Notification: (E-Mail) Meetings and Agendas - City Council (06/08/2022);
Department Approval: Yanni Demitri, Public Works Director/City Engineer (06/06/2022)
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RECOMMENDATION
Staff recommends the City Council adopt a Resolution incorporating Sepulveda Boulevard from Venice Boulevard to the Southerly City Boundary Near Franklin Avenue Project, on the list of City projects to be funded by SB1 (The Road Repair and Accountability Act of 2017).
BACKGROUND/DISCUSSION
In April 2017 Senate Bill (SB) 1 (The Road Repair and Accountability Act) was signed into California law. This measure was in response to California's significant funding shortfall to maintain the State's multimodal transportation network. SB 1 increases several taxes and fees to raise over $5 billion annually in new transportation revenues. Moreover, SB 1 makes adjustments for inflation every year so that the purchasing power of the revenues does not diminish as it has in the past with other gas tax subvention funds. SB 1 prioritizes funding towards maintenance and rehabilitation and safety improvements on state highways, local streets and roads, and bridges and towards improvement of the state's trade corridors, transit, and active transportation facilities. A Proposition to repeal SB1 was defeated in the November 2018 election.
The California Transportation Commission (CTC) is charged with oversi...
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