The same as Part 5 but without the long introduction and project background. OverviewCoastal Rail Trail Segments 8-11 face significant funding and delivery challenges.Escalating costs and funding gaps threaten project timelines and scope.Multiple phasing and scope reduction options analyzed; none fully close the funding gap.$19.5M federal RAISE grant and $20.5M Safe Streets for All grant (pending) are key funding sources.Measure D sales tax is critical for leveraging state and federal funds, but is insufficient for full buildout.Project delivery is at risk due to strict grant deadlines and limited new funding opportunities.Project Introduction and Recusal for Conflict of InterestCoastal Rail Trail Segments 8-11 project delivery discussed.Chair Montecito recused due to conflict of interest.Planning grant for Watsonville circulation pursued, supporting previous Reconnecting Communities grant application.Focus on future project planning in City of Watsonville.Project Overview, Funding Success, and ChallengesCoastal Rail Trail is a 32-mile multi-use path from Davenport to Pajaro.Project divided into segments; current focus on segments 8–11 (Santa Cruz to Aptos).Project approval and environmental phase began in 2020; construction scheduled for 2027.Construction expected to take 2–4 years; significant time spent on environmental review and design.Recent efforts focus on cost reduction and project delivery strategies due to funding shortfalls.Cost Escalation, Funding Gaps, and Phasing OptionsValue engineering analysis and MOU with Roaring Camp completed to reduce track relocation costs.Secured $19.5M federal RAISE grant; City of Santa Cruz applied for $20.5M Safe Streets for All grant.Coastal Rail Trail segments 8–11 require additional funding for final design and construction by 2027.Existing grants do not cover cost increases; new state and federal funding is scarce and competitive.Project phasing and scope reduction options analyzed, but even minimal reductions exceed available Measure D revenues.Financial Scenarios, Grant Assumptions, and Feasibility AnalysisFuture project phases require funding; no identified source yet.Assumed minimum local match is 20% of project cost; higher match increases competitiveness.Option C funds 1.5 of 6.5 miles with Measure D, leaving ~$20–21M for future phases or matching.Financial analysis excludes potential $20M Safe Streets for All grant.Ongoing cost tracking; current funding gap addressed via Consolidated Grant Program application, with decisions expected in November.Distribution of Funds and Project Wrap-UpMajority of funds distributed to city and county of Santa Cruz.Significant portion allocated to corridor maintenance.Some funding dedicated to city of Watsonville.Project concept report used for trail alignment development in Watsonville.Regional portion of North Coast Trail under development.

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