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gmbond -- Prop.1B/Goods Movement – Funding Requests and Preliminary Staff Recommendations
Posted: 26 May 2010 16:58:20
The Air Resources Board staff has posted the Summary of Local and State Agency Applications Received for Fiscal Year (FY) 2008-09 and FY2009-10 Funds and the Preliminary Staff Recommendations for Funding. Please see the Program website at: http://www.arb.ca.gov/gmbond for more information. Seven qualifying local agencies in the four corridors and a State agency (ARB) submitted 15 project proposals, requesting over $1.1 billion to upgrade over 16,000 pieces of equipment. Staff’s recommendations include awarding $200 million (Phase 1 - available in cash from Spring 2010 bond sales) and a tentative allocation of up to the remaining $275 million (Phase 2 - subject to future bond sales and Board action). Staff’s recommendations are based on trade corridor and category funding targets, priorities established by the Board, emission reductions and cost effectiveness of each project, and public input. We will discuss these recommendations at the public workshops scheduled for June 1, 2, and 3, 2010. If you have any questions, please call our Goods Movement Information Line at: (916) 44-GOODS (444-6637) or contact us via email at: gmbond@arb.ca.gov.