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265 <br /> September 3,1975 <br /> cTorce mueaz imeinr t 8:5 aft executive session ith all <br /> attendance except Cilman Gipson who xexcused.COMPRRHENSRR STREET PROGRAM <br /> streeWarren of thd Etre Engineering Department briefly outlined the comprehensive <br /> an rogrem as follows: <br /> Street Construction Fund tSources <br /> 1. state urban Arterial Trust Funds <br /> 19 Preeeanding$5,197,175 since 19967 <br /> Aequixea'-minimum 108clocal matts under c1h s t funding <br /> 2. State Shared Motor Vehicle Fuel Tax(1/2 0 Gas Tax) <br /> Variable amount monthly. <br /> $18,000 t./-m 12 months-$216,000/year <br /> 3. Federal Aid Urban Funds(PAM Funds) '..: <br /> Washington State formula based upon per capita. <br /> Approximately$250,000/year <br /> Requires a 208 local match. pp <br /> 4. 1967 Street Bona Fwd ''$ll <br /> 2projects approved-portion of <br /> 2 <br /> Est oated balance of$338,950 through 1975 !" <br /> 5. Community Development Cumulative Reserve <br /> Amounts designated by Council for specific improvement areae. , <br /> Fwd Source. ras area A Shared �;; <br /> 1974 Community Development Act di <br /> 6. Specific Grant programs IMo fixes amounts) <br /> onomic O velopment Administration . <br /> Federal Highway 8 rograms(16 programs),i.e.. <br /> Railroad CrosBride Relsing <br /> Pedestrian Safety <br /> Signing and Traffic Control <br /> State Shared-Motor Vehicle Fuel Tax <br /> '(One-half Cent Gas Tax for Capital Improvements) <br /> Funds Available for 1975 Projects- $762,450 <br />