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Mass Transit Memorandum—November 7, 2012................................................page 2 <br /> POTENTIAL There are no known or expected objections to this grant <br /> OBJECTION: application. <br /> INPUT FROM Richard Foiles, General Manager, DPTS <br /> OTHER SOURCES: Mark Gordon, Maintenance Manager, DPTS <br /> STAFF REFERENCE: Paul McChancy, Mass Transit Administrator <br /> BUDGET/TIME This grant will pay up to 100%of project costs. The estimated <br /> IMPLICATIONS: cost of the replacement shelters and 8 buses is $3,020,000. Since <br /> the maximum amount of this grant is only$3,000,000, the <br /> remainder($20,000)would have to come from another source. <br /> Staff proposes to use part of the FTA funds apportioned to Decatur <br /> to fund 100% of the cost of these projects over$3,000,000. No <br /> local funds will be required. <br />