DATE: June 28, 2023
TO: Council Infrastructure Committee
FROM: Assistant City Manager
SUBJECT
Title
Update on Next Steps for Expenditure of Remaining Fund Balance for the South Hayward Bay Area Rapid Transit Station Access Joint Powers Authority
End
RECOMMENDATION
Recommendation
That Council Infrastructure Committee (CIC) reviews and provides feedback on the priorities for spending the remaining fund balance for the South Hayward Bay Area Rapid Transit (BART) Station Access Joint Powers Authority (JPA).End
SUMMARY
Due to changes in demand and lack of need for additional joint governance, the South Hayward BART Station Access JPA authorized staff to draft an intergovernmental agreement (IGA) between the City and BART to continue a cooperative relationship in planning for future parking demand and transit-oriented development in and around the South Hayward station.
On December 19th, 2022, the City and BART entered into the intergovernmental agreement that outlines roles and responsibilities for each government entity to retain policymaker oversight pertaining to parking and access around the station. With the transition to the new IGA structure, the City and BART will have ongoing coordination through the City’s CIC meetings and will offer written and oral updates to the CIC upon request.
In the final meeting of the JPA, the Board requested that staff present plans for spending the remaining fund balance to the City’s CIC and receive feedback from the Committee and BART Directors. The JPA’s remaining fund balance of $1.03 million will be divided in proportion to the number of parking spaces within the JPA, 20 percent going to the City and 80 to BART. As reflected in the JPA’s agreement, surplus funds must be spent on South Hayward BART station related investments, including access improvements
ATTACHMENTS
Attachment I Staff Report
Attachment II BART License Area Boundary