MEMORANDUM
DATE: August 7, 2024
TO: Pikes Peak Rural Transportation Authority Citizen Advisory Committee
FROM: Rick Sonnenburg, Program/Contracts Manager
SUBJECT: Town of Green Mountain Falls IGA Regarding Advancement of Funding for PPRTA-3 Capital Project
ACTION REQUESTED: Recommendation
At the July cycle of meetings, the CAC recommended, and the Board approved, the concept for the Town of Green Mountain Falls to request an intergovernmental agreement (IGA) to allow the Town to spend some of its non-PPRTA funds in 2024 for a voter-approved PPRTA-3 bridge capital project and to be reimbursed from its PPRTA-3 capital funds in the 2025 budget. The Board’s approval also directed Board attorney Jennifer Ivey to prepare a draft IGA for the CAC’s and Board’s review in the August cycle of meetings.
That IGA is attached for the CAC’s review and has been reviewed by both the Town’s attorney and the PPRTA Board’s attorney. This 2-step process is similar to the ones recently used by the City of Colorado Springs and El Paso County to advance the work on certain PPRTA-3 capital projects.
Recommendation to the Board:
The PPRTA staff recommends that the CAC approve a positive recommendation to the Board for the approval of the attached IGA.