Vote: adopted

Item Text

66. REVENUE AGREEMENT WITH MARICOPA ASSOCIATION OF GOVERNMENTS FOR CORRIDOR-WIDE RIGHT-OF-WAY PROTECTION FOR ARTERIAL CAPACITY IMPROVEMENTS Approve a Revenue Agreement (No. 11-NOR-30-03-B) between Maricopa County, acting through the Maricopa County Department of Transportation (MCDOT), and the Maricopa Association of Governments (MAG) for corridor-wide right-of-way protection for arterial capacity improvements on Northern Parkway from Sarival Avenue to Dysart Road, MAG Arterial Life Cycle Program (ALCP) Project, Sub-Project T195. The amount of the agreement is $5,202,320, expressed in 2010 dollars, and will be adjusted annually by MAG for inflation. The purposes of this action are: 1) to approve the Project Agreement for regional reimbursements of federal-aid highway funding associated with right-of-way protection for the Northern Parkway project; and 2) authorize the acceptance and expenditure of the grant funds (federal-aid highway funding reimbursements), including any monies in excess of the currently estimated amount of $5,202,320 if adjusted by MAG for inflation. This Revenue Agreement is effective from the MAG approval date until completion of reimbursements. The Public Works - Transportation Department's FY 2010-11 indirect cost rate is 12.2%. All costs under this agreement are for capital expenditures which are not subject to indirect cost recovery. Grant revenues are not local revenues for the purpose of the constitutional expenditure limitation, and therefore, expenditure of the funds is not prohibited by the budget law. The approval of this requested action does not alter the budget constraining the expenditures of local revenues duly adopted by the Board pursuant to A.R.S. Section 42-17105. Supervisor District No. 4 (C-91-11-167-M-00)