R2014-116 EXECUTION OF PUBLIC TRANSPORTATION CAPITAL ASSISTANCE GRANT AGREEMENT

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CAP-14-1034-ILL, Contract No. 4464 E. "Contractor" or"Third Party Contractor" means a vendor or contractor of the Grantee paid or financed in whole or in part with state assistance. ITEM 2-THE PROJECT The Grantee agrees to undertake and complete the Project and to provide for the use of Project Facilities, in the manner set forth in the Grantee's final application that has been approved by the Department, for the amounts set forth in the Approved Project Budget, a copy of which is attached hereto and incorporated herein as Exhibit"B", and in accordance with the requirements of this Agreement and all applicable laws. The Project, which is more particularly described in the plans, specifications and schedules set forth in the Grantee's final approved application, is generally described as follows: 11.12.03 30' Buses 11.32.10a Bus Shelters 11.32.10b Bus Shelters ITEM 3-AMOUNT OF GRANT The estimated Net Project Cost is$3,190,000. The Department agrees to make a grant reimbursing the Grantee, only for eligible costs incurred by the Grantee, in an amount not to exceed $3,000,000. However, the Department, at its sole discretion, may agree to increase the amount of the Grant in excess of the amount specified herein, but in no event shall the amount(s) provided by the Department under this Agreement or any subsequent Amendment to this Agreement exceed each of the respective percentages of the items of cost shown below. The amount of the Grant is for reimbursement of the actual costs of certain items in the Grant, as determined by the Department upon completion of the Project, to be calculated as follows: a. The following item(s)will be funded by this Grant at a rate 100% of actual net project costs in state funds: 11.12.03 30' Buses b. The following item(s)will be funded by this Grant at a rate 100% of actual net project costs in federal funds: 11.32.10a Bus Shelters c. The following item(s)will be funded by this Grant at a rate 80%of actual net project costs in federal funds and 20% in state funds: 11.32.10b I Bus Shelters No liability shall be incurred by the State in excess of the aforementioned amount(s) of the Grant. The Grantee agrees that it will provide, or cause to be provided from sources other than (a) State funds, (b)federal funds, (c) receipts from the use of Project Facilities, or(d) operating revenues of the public transportation system, funds in an amount equal to the actual Net Project Cost less the amount of the federal fund(s) made in connection with this Grant and less the amount of the State Grant, as shown in the Approved Project Budget. With the express prior written approval of the Department, all or part of this local share to be contributed by the Grantee may be provided by the Grantee in the form of contributions of professional, technical, or other services. State Capital Grant Page 5