1. Measure M2 Environmental Cleanup Program - A Two-Tier Grant Funding Approach Orange County Business Council | August 10, 2010

2. Background 1. M2 - Water Quality Program Component 2. Allocation Committee 3. Allocation Requirements  Transportation related  Competitive process  Capital improvements, cost effective  Not to supplant funding or mitigation 4. Eligibility 2

3. Two-Tier Grant Funding Approach 3

4. 4

5. Tier 2 Grant Program Planning Study  Cooperative study with County  Identifies best locations and BMPs  Guides capital improvement program, project ranking and investments  Results in Tier 2 funding guidelines 5

6. Funding Plan 6 Up to $57.5 million available through FY 2017-18

7. Next Steps for Tier 1 7 Issue Call for ProjectsLate 2010 Project EvaluationWinter 2010/11 Board Award of ProjectsSpring 2011 Project FundingSummer 2011

8. Next Steps for Tier 2 8 Tier 2 StudyWinter 2011/12 Funding GuidelinesWinter 2011/12 Issue Call for ProjectsSpring 2012 Project EvaluationSummer 2012 Board Award of ProjectsFall 2012 Project FundingWinter 2012/13

9. Questions