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Mass Transit Memorandum <br /> No. 052314-1 <br /> May 23, 2014 <br /> TO: Honorable Mayor McElroy and City Council Members <br /> FROM: Ryan McCrady, City Manager <br /> Paul McChancy, Mass Transit Administrator <br /> SUBJECT: Grant Agreement for IDOT Mass Transit Operating Assistance <br /> SUMMARY Staff recommends that Council adopt a Resolution to execute an <br /> RECOMMENDATION: agreement with the Illinois Department of Transportation for mass <br /> transit operating assistance in the maximum amount of$6,980,154 <br /> for State Fiscal Year 2015. <br /> BACKGROUND: Each year the Illinois Department of Transportation(IDOT) <br /> provides grant assistance to offset up to 65% of the operating costs <br /> of the Decatur Public Transit System. On March 28th staff submitted <br /> an application to IDOT requesting an operating assistance grant for <br /> State fiscal year 2015. The attached agreement would award <br /> Decatur an operating assistance grant not to exceed $6,980,154. The <br /> amount of state funds actually received will be based on the amount <br /> of transit operating expenses incurred. Based on the Transit System's <br /> budget for the current City Fiscal Year, the 65% IDOT reimburse- <br /> ment of eligible operating expenses will be about $4,246,000. As <br /> recommended by IDOT, the Resolution also grants the Mayor <br /> authority to execute amendments to the Agreement, if necessary. <br /> The term of this grant agreement is State Fiscal Year 2015: July 1, <br /> 2014 through June 30, 2015. <br /> POTENTIAL No known objection to this grant agreement. <br /> OBJECTION: <br /> INPUT FROM Division of Public and Intermodal Transportation, <br /> OTHER SOURCES: Illinois Department of Transportation <br /> STAFF REFERENCE: Paul McChancy, Mass Transit Administrator <br /> BUDGET/TIME This grant will reimburse Decatur for 65% of its actual eligible <br /> IMPLICATIONS: transit operating expenses. The remaining 35%will be paid <br /> through an operating grant from the Federal Transit Administration, <br /> fares and other revenues generated by the Transit System, and local <br /> funds. The term of this grant agreement is State Fiscal Year 2015: <br /> July 1, 2014 through June 30, 2015. <br />