Title:
Title
Railyards Green Streets Project: Establishing CIP and Approving Grant Project Delivery Agreement
End
FileID
File ID: 2018-01694
Location
Location: Railyards, District 3
Recommendation:
Recommendation
Adopt a Resolution authorizing the City Manager or City Manager's designee to: 1) execute the Grant Project Delivery Agreement for the Urban Greening Grant for the Railyards Street Improvements between the City of Sacramento and Downtown Railyard Venture (DRV); 2) execute any amendments to the Agreement that are required by the California Natural Resources Agency, if the amendment is approved as to form by the City Attorney and does not increase the City's financial obligations; 3) establish a new Capital Improvement Project (CIP) for the Railyards Green Streets Project (T15195100); and 4) establish $2.0 million in revenue and expenditure budgets in T15195100 with Other Capital Grants (Fund 3704).
Contact: Marco Gonzalez, Project Manager, (916) 808-5757; Richard Rich, Special Project Manager, (916) 808-2519, Office of Innovation and Economic Development.
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Resolution
3-Grant Project Delivery Agreement for Urban Greening Grant for the Railyards Street Improvements (between the City of Sacramento and Downtown Railyard Venture)
Description/Analysis
Issue Detail: Senate bill 859, which was signed into law on September 14, 2016, authorized the expenditure of $1.2 billion in Cap and Trade revenues, also known as the Greenhouse Gas Reduction Fund, for projects aimed to reduce greenhouse gas (GHG) emissions. The California Natural Resources Agency was allocated $80 million, from the $1.2 billion, to its Urban Greening Program.
Consistent with AB 32, the Urban Greening Program funds infrastructure projects that reduce greenhouse gases by decreasing energy consumption and reducing vehicle miles traveled, while also transforming the built environment into places that are more sustain...
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