Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Central Subway Grants topic
No spam. Unsubscribe anytime.
Committee forwards two resolutions to accept federal New Starts funds for Third Street central subway phase 2
Summary
The committee read resolutions authorizing the Municipal Transportation Agency to accept two federal New Starts grants totaling the amounts $9,920,000 and $24,502,500 for Third Street phase 2 of the Central Subway and recommended forwarding both items to the full Board.
The Government Audit and Oversight Committee forwarded two resolutions to the full Board recommending acceptance of federal New Starts capital assistance for the Third Street phase 2 portion of the Central Subway project.
Clerk Deborah Muccino read Item 3, authorizing the Municipal Transportation Agency to accept and expend $9,920,000 in Federal New Starts capital assistance for the Third Street phase 2 new central subway project, excluding administrative overhead, and Item 4, authorizing acceptance and expenditure of $24,502,500 in Federal Section 5309 New Starts capital assistance for the same phase, excluding administrative overhead.
"We're delighted to have 35 and a half million dollars of federal money to build a new subway in San Francisco," Supervisor Aaron Peskin said when introducing the items. Judson True of the Municipal Transportation Agency asked the committee to forward the items to the full board with a recommendation and noted that a budget analyst report was the only intervening new piece of information since the items were last heard.
The budget analyst recommended approval, and, after no public comment, the committee directed that both items be forwarded to the full Board with recommendation. The full Board will consider formal acceptance and any required financial or administrative steps.
