Agenda Date: 06/05/2018
Subject:
Title
A resolution authorizing an Inter-Governmental Agreement (IGA) with the Regional Transportation District (RTD) regarding reimbursement funding for the Mineral Station Area Framework planning process
Body
Presented By:
Jocelyn Mills and Dennis Swain, Community Development Department
REQUESTED COUNCIL ACTION:
Does city council support approving an IGA with RTD for reimbursement funding for the Mineral Station Area Framework planning process?
BACKGROUND:
The city did originally enter into and IGA with RTD for the Mineral Area Light Rail Planning area in 2014. That project was recently completed and approved by council this year. Due to a 2017 audit of RTD by the Federal Transit Administration (FTA), the city must amend the IGA to be reimbursed expenditures as originally proposed. This resolution would execute that requirement.
The following provides an overview of the progress and steps that have occurred for this project.
* In 2013, the city received a Federal Transit Administration (FTA) grant through RTD and the Denver Regional Council of Governments (DRCOG) for station area master planning at both the Mineral and the Downtown Littleton light rail stations. The grant required the study areas and resulting master plans be a guide for future development and redevelopment of the station areas using Transit Oriented Development (TOD) principles. The intent of the project was to establish master plans for these areas.
* The FTA grant for the Mineral Station Area Framework was $75,000 with an $18,750 match by the city.
* In 2014, a contract between RTD and the city was established for the two station area planning projects. During the same timeframe, an Urban Land Institute Technical Advisory Panel was convened to assess the Mineral Light Rail station. The recommendation of this panel was to add a parking structure to the station to "free up land for high quality urban development to include residential and ret...
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