Title:
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MTC Resolution No. 4242. Transit Capital Priorities Policy for FY2016-17 to FY2019-20.
This item proposes to establish the Transit Capital Priorities (TCP) Process and Criteria for FY2016-17 to FY2019-20. The TCP policy governs the programming of approximately $1.8 billion in Federal Transit Administration formula funds, $550 million in bridge tolls and other regional revenues designated for Core Capacity Challenge Grant Program projects (MTC Resolution 4123), and $189 million in STP/CMAQ funds designated for Transit Priorities by OBAG 2 (MTC Resolution 4202) for transit capital replacement and rehabilitation, maintenance and operations over the four-year period.
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