MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...
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2<br />
Project <strong>Review</strong> Background<br />
<br />
<br />
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<strong>MTC</strong> Role as Regional Planning and Funding Partner<br />
− Recent requests for funding assistance and possible future requests<br />
− <strong>MTC</strong> is committed to assisting SMART deliver passenger rail service<br />
to North Bay residents<br />
<strong>MTC</strong> administers Regional Measure 2 (RM2) toll funding<br />
− $35 million for SMART to “Extend rail line from San Rafael to a ferry<br />
terminal at Larkspur or San Quentin”<br />
− $22 million remains unallocated<br />
<strong>MTC</strong> has adopted a <strong>Transit</strong> Oriented Development (TOD) policy<br />
− Requires at least 2,200 housing units per station, on average, along<br />
the SMART corridor.<br />
− Meant to position system to meet its ridership objectives, and integrate<br />
land use and transportation investments.<br />
M E T R O P O L I T A N T R A N S P O R T A T I O N C O M M I S S I O N
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