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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET .14 <br /> PROJECT TITLE: <br /> Capital Construction Grant Briefmg COUNCIL BILL# <br /> Agreement GCB2818 with Proposed Action Originating Department Transportation Services <br /> the Washington State Consent Contact Person Tom Hingson <br /> Department of Action Phone Number 425-257-8939 <br /> Transportation First Reading FOR AGENDA OF November 15,2017 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA <br /> Council President ,, <br /> Location Preceding Action Attachments Department(s)Approval <br /> Agreement GCB2818 Transportation Services, <br /> Legal <br /> Amount Budgeted -0- Revenue $250,000 July 2017—June 2019 <br /> Expenditure Required -0- Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> Everett Transit will receive$250,000 from the Washington State Department of Transportation through the <br /> Capital Construction Grant Agreement, GCB2818. The funds are available between July 2017 and June 2019 <br /> for preliminary engineering and design of an 80-stall park and ride. Everett Transit has a required match of <br /> $300,000. The match amount is a portion of the land value purchased by Everett Transit on Smith Avenue for <br /> an expanded operations base and the park and ride expansion. <br /> The project will increase the existing park and ride lot, located south of the SWIFT BRT station,by adding <br /> 80 additional parking stalls, covered bike parking for 20 bicycles and 4 security cameras. The completion of <br /> this project will provide additional parking for commuters traveling between Everett and King County. <br /> The Washington State Department of Transportation will provide an additional$500,000 during the 2019- <br /> 2021 biennium for construction of the park and ride through an amendment to this grant. The land value <br /> match of$300,000 for preliminary engineering and design will also satisfy the match required for <br /> construction. <br /> RECOMMENDATION(Exact action requested of Council): <br /> Authorize the Mayor to sign the Capital Construction Grant Agreement GCB2818 with the Washington State <br /> Department of Transportation. <br /> 63 <br />