REPORT
TO SHASTA COUNTY RTPA
|
SUBJECT |
|
MEETING DATE |
ITEM NUMBER |
|
Master Fund Transfer Agreement Between Caltrans
and Shasta County |
12/09/03 |
3-3 |
|
RECOMMENDATION:
It is recommended that the
Board authorize the Chairman to sign the attached Master Fund Transfer
Agreement (MFTA) and resolution.
SUMMARY:
Caltrans is proposing to
amend the fund transfer agreement process that involves the reimbursement of
costs and administration of funds for work elements in the Overall Work Program
(OWP).
DISCUSSION:
Caltrans is updating the
MFTA to reflect changes in State and Federal regulations and provides further
clarification of requirements for using State and Federal planning funds. The new agreement supercedes the prior
agreement dated June 25, 1996. This
agreement has been reviewed by RTPA legal counsel and is recommended for
approval.
OTHER AGENCY INVOLVEMENT:
The Technical Advisory
Committee has considered this request and recommends approval to the RTPA
Board.
FINANCIAL IMPACT:
This request will have no
financial impact on the RTPA.
_______________________________________
Daniel J. Kovacich,
Executive Officer
TLH/jac
Attachments: Resolution
03-09
Master Transfer Agreement