File #: REP 17-283    Version: Name:
Type: Informational Report Status: Passed
File created: 4/25/2017 In control: Executive Board
On agenda: 5/17/2017 Final action: 5/17/2017
Title: STI Bonus Allocation Methodology - Guiding Principles Alex Rickard / CAMPO Staff
Indexes: Bonus Allocation
Attachments: 1. Guiding Principles DRAFTv2

Title

STI Bonus Allocation Methodology - Guiding Principles

Alex Rickard / CAMPO Staff

 

Body

The STI law provides for bonus allocation funding for tolled roadway projects and other projects receiving local contributions.  The MPO is in the process of developing a methodology for selecting projects to be programmed with these bonus allocation funds.  The TCC TIP/SPOT Subcommittee has developed a collection of guiding principles to instruct staff and their consultants in the development of this methodology.

 

MPO staff will present and discuss the recommended guiding principles.

 

Requested Action: Action Recommend for approval by the Executive Board for the guiding principles for development of the Bonus Allocation Methodology.