File #: ID-353-22    Version: 1 Name:
Type: Informational Report Status: Agenda Ready
File created: 9/22/2022 In control: City Council
On agenda: 9/27/2022 Final action:
Title: Approving the Peer Agency Support of the BRT CO 7 Starter Service TIP #3
Attachments: 1. City_of_Brighton_CO7_BRT_TIP3_Peer Agency Support Form 9-16--2022.pdf, 2. CO7 BRT Starter Service Study Session - Public Works - 2022.09 (1).pdf, 3. 353 PPT
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Department of Public Works

Reference:                      Approving the peer agency support of the BRT CO 7 Starter Service TIP #3                      

 

To:                                                               Mayor Gregory Mills and Members of City Council

Through:                                          Michael P. Martinez, City Manager

Prepared By:                     Christopher Montoya, Assistant Director of Public Works 

Date Prepared:                     September 22, 2022

PURPOSE

Requesting City Council’s approval of the Peer Agency Support for State Highway 7 Bus Rapid Transit (BRT) Starter Service with the financial contribution of $200,000.00 to be paid in the amount of $100,000.00 per year and approving the resolution giving the City Manager, or Designee, authority to sign the letter of support to be submitted with the grant application by the City of Boulder.  Per City Code Section 3-8-90, “All materials, supplies, equipment, service and construction contracts, except as otherwise provided in this Article, with an estimated cost of greater than fifty thousand dollars ($50,000.00), shall be awarded through the formal bid process or the formal RFP process by the City Council.

 

STRATEGIC FOCUS AREA

Strong Regional Relationships and Partnerships

Financially Responsible

 

BACKGROUND

State Highway 7 (also known as CO7) is the major regional arterial from the City of Brighton to Boulder that crosses multiple cities and counties, providing the future planned location of the Bus Rapid Transit system and a corridor that connects the numerous communities for transportation and transit. In an effort to advance the BRT, a starter service has been proposed and supported by all the cities and counties along the corridor, including Boulder, Erie, Lafayette, Broomfield, and Thornton. Each local agency will be contributing the amount of $200,000.00 to support the grant funding requirements for the approximately $9,264,000.00 project.

 

The contribution of funds is necessary in order to meet the minimum grant funding requirements. The funding is anticipated to be required in the fiscal years 2026 and 2027. The service will provide needed transit along the corridor and provide the opportunity for residents to have alternative modes of transportation that currently do not exist. By 2040 it is projected there will be 56,000 new residents, 38,000 new jobs, and 8,500 to 9,800 boardings per day within the communities along the corridor.

 

Projects of large scale such as this can only be achieved by regional partnerships. This project is critical to connecting the communities along the region and the investment is project returns on investment in excess of 400%. 

 

FINANCIAL IMPACT

The funding will be budgeted for the stated fiscal years.

 

STAFF RECOMMENDATION

Staff recommends that the City Council approve the letter of support and financial contribution.  

 

OPTIONS FOR COUNCIL CONSIDERATION

Ø                     Approval as presented 

Ø                     Reject

 

Attachments:

Ø                     FY2022-2027 TIP PROCESS: REQUEST FOR PEER AGENCY SUPPORT form

Ø                     Presentation