...Title
Actions Related to the Amendment to the Agreement with Santa Clara Valley Transportation Authority (VTA) for the U.S. 101/Zanker Road Interchange Project.
...Recommendations
(a) Approve a First Amendment to the Funding Agreement between the City of San José and the Santa Clara Valley Transportation Authority (VTA) to initiate preliminary engineering and obtain environmental clearance for the U.S. 101/Zanker Road Interchange Project to increase City’s share of the funding and the total not to exceed amount from $1,500,000 to $4,100,000 and to extend the term of the Agreement to December 31, 2020.
(b) Adopt the following 2017-2018 Appropriation Ordinance amendments in the Construction Excise Tax Fund:
(1) Increase the North San José Improvement - 101/Zanker appropriation in the amount of $2,600,000; and
(2) Decrease the North San José Traffic Impact Fees Reserve in the amount of $2,600,000.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts resulting in no physical change to the environment, and Not a Project, File No. PP17-004, Government Funding Mechanism or Fiscal Activity with no commitment to a specific project which may result in a potentially significant physical impact on the environment. (Transportation/City Manager)