TC Resolution 18-27 Adopting the 2018 Colorado DOT Group Transit Asset Management PlanTOWN OF AVON
RESOLUTION 18-27
ADOPTING THE 2018 COLORADO DOT GROUP TRANSIT ASSET MANAGEMENT PLAN
WHEREAS, in July 2016, the Federal Transit Agency ("FTA") published the National Transit Asset
Management ("TAM") Final Rule (49 U.S.C. 625) defining the term "state of good repair" ("SGR") and
establishing requirements for transit asset management for FTA recipients and sub -recipients; and
WHEREAS, the FTA TAM Final Rule requires that all agencies that receive federal financial
assistance under 49 U.S.C. Chapter 53 and own, operate, or manage capital assets used in the provision of
public transportation create an asset management plan by October 1, 2018; and
WHEREAS, a TAM Plan must include, at a minimum, the following four elements:
1. An inventory of the number and type of capital assets, including Rolling Stock (vehicles), Facilities,
and Equipment;
2. A condition assessment of those inventoried assets for which an agency carries direct capital
responsibility;
3. A description of the analytical processes and decision -support tools used to estimate capital
investment needs over time, and to develop an investment prioritization; and
4. A project -based prioritization of capital investments based on reasonably anticipated funding
available; and
WHEREAS, larger, Tier 1 agencies are required to develop agency TAM Plans, while smaller, Tier 2
agencies are required to either develop their own agency TAM Plan or participate in a sponsored Group
TAM Plan; and
WHEREAS, Departments of Transportation, including CDOT, are required to develop Group TAM
Plans on behalf of Tier 2 agencies in Colorado to reduce the planning and reporting burden on those
agencies; and
WHEREAS, the TAM Rule does apply to Town of Avon as a public transportation provider and
recipient of financial assistance through FTA 49 U.S.C. Chapter 53 programs and the Town of Avon has
opted to participate in the CDOT-sponsored 2018 Group TAM Plan; and
WHEREAS, as the sponsor, CDOT leads the effort to collaboratively develop the Group TAM Plan,
to develop decision support and analysis tools, to set SGR performance targets for the plan participants, to
develop a ranked list of prioritized asset management projects based on anticipated revenues, and to
annually report to the National Transit Database the asset inventories, SGR measures, SGR targets and a
plan narrative on behalf of the plan participants; and
WHEREAS, Group TAM Plan participants are responsible to provide and maintain up-to-date asset
inventory and condition assessment data, to collaborate in the development of the Group TAM Plan, to
work cooperatively with CDOT toward meeting SGR targets, and for agency Accountable Executives to
formally approve and implement the plan within their agencies; and
WHEREAS, throughout 2017 and 2018 CDOT and the Town of Avon collaborated along with other
participating agencies to compile and analyze a comprehensive transit asset inventory, to estimate Federal,
State and Local revenues available for investments in the Group TAM inventory, to set SGR Targets for
the 2019 plan year, and to develop a ranked list of priority projects designed to address the backlog of
needed transit asset replacements and investments; and
WHEREAS, On September 29, 2018 the 2018 Group TAM Plan was completed, satisfying the FTA
TAM Rule as it applies to CDOT and to its participating agencies; and
WHEREAS, the Group TAM Plan provides the Town of Avon, CDOT and its participating agencies
valuable information to achieve the best possible state of good repair of transit assets by supporting the
optimal investment of Federal, State and Local transit capital revenues.
NOW, THEREFORE, the Avon Town Council, hereby ADOPTS THE 2018 COLORADO DOT
GROUP TRANSIT ASSET MANAGEMENT PLAN. The Avon Town Council further RESOLVES
to direct the Town Clerk to post and publish this Resolution in the established, customary manner as the
posting and publishing of other resolutions.
ADOPTED December 11, 2018 by the Avon Town Council.
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By: Attest: & U "k- L — A �o(f
lljjn Fancher, Mayor 1br6 --r0 feA, D" TOL-^01a—•