Board of Directors Regular Meeting Agenda


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Meeting Date: 10/26/2016  

SUBJECT MATTER:
Receive, consider and act upon a discussion of trolley service viability (as requested by Director McMullan); 
FISCAL IMPACT:
The FY2017 Adopted Budget for the Town Center Trolley service allocates $626,000 for operational expenses.  The expenses are offset by FTA Section 5307 grant funds in the amount of $308,000, leaving the balance of $318,000 to be funded by the Township General Fund.
BACKGROUND:
The current Town Center Trolley System, an urban circulator system, is the result of a public transportation program implemented by The Woodlands Town Center Improvement District (TCID) in 2007. The vision of the public transportation system was to enhance overall mobility within The Woodlands Town Center by providing effective, reliable and convenient access to employment and retail activity centers.
 
A memorandum detailing the funding history, how urban circulators are evaluated and comparison to a similar style system is attached for review and consideration. The full report cited in the memorandum regarding research on urban circulators has also been included as reference.
RECOMMENDATION:
To be determined by Board of Directors action.
Attachments
Trolley Circulator Memo 18OCT2016
Urban Circulator Report


    

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