COUNCIL GOALS AND IMPLEMENTATION PLAN

THIRD Priority

Continued          30. Establish Park/Ride in 15-501 North Corridor

Description: Find a location and establish a park/ride lot in the 15-501 North corridor.

February 28, 2005 Status:  New Goal.

May 9, 2005 Status:  A Budget working paper was prepared for Council’s consideration at its April 27, 2005 work session.

September 12, 2005 Status: Congressional approval of Safe, Accountable, Flexible, Efficient, Transportation Equity Act legislation included approximately $1.25 million in federal funds for the purchase of land and design of a park and ride facility in the US 15-501 North Corridor. Town staff is clarifying the availability of the funding and identifying potential locations for evaluation.

November 21, 2005 Status: No change in status.

February 13, 2006 Status: Staff is continuing to determine the funding availability from the federal earmark.

May 8, 2006 Status:  No change in status.

Products to Be Produced and Timetable

· Evaluate potential locations by Second Quarter, 2006

· Seek additional funding sources, Third Quarter, 2006

September 11, 2006 Status: Staff continues to evaluate options for developing a park ride facility in the US 15-501 corridor.