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R2011-08 AUTHORIZING EXECUTION OF AN AMENDED CAPITAL ASSISTANCE GRANT AGREEMENT
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R2011-08 AUTHORIZING EXECUTION OF AN AMENDED CAPITAL ASSISTANCE GRANT AGREEMENT
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10/1/2015 10:42:00 AM
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Resolution/Ordinance
Res Ord Num
R2011-08
Res Ord Title
AUTHORIZING EXECUTION OF AN AMENDED CAPITAL ASSISTANCE GRANT AGREEMENT - ILLINOIS DEPARTMENT OF TRANSPORTATION
Department
Mass Transit
Approved Date
1/18/2011
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CAP-10-962-ARRA, Contract No. 4021 <br /> G. "Government"means both the United States federal government and the State of Illinois state <br /> government or any of its federal or state agencies. <br /> H. "Contractor"or"Third Party Contracto►" means a vendor or contractor of the Grantee, paid or <br /> financed in whole or in part with federal or state assistance. <br /> ITEM 2 -THE PROJECT <br /> The Grantee agrees to undertake and complete the Project and to provide for the use of Project <br /> Facilities, in the manner set forth in the Grantee's final application that has been approved by the <br /> Department, for the amounts set forth in the Approved Project Budget, a copy of which is attached <br /> hereto and incorporated herein as Exhibit"B", and in accordance with the requirements of this <br /> Agreement and all applicable laws and regulations. The Project, which is more particularly described in <br /> the plans, specifications and schedules set forth in the Grantee's final approved application, is generally <br /> described as follows: <br /> ITEM 3 -AMOUNT OF GRANT <br /> The estimated Net Project Cost is$116.215.03. The Department agrees to make a grant reimbursing <br /> the Grantee in an amount equal to 100 percent of the actual Net Project Cost, as determined by the <br /> Department upon completion of the Project, in an amount not to exceed $116,215.03. However, the <br /> Department(at its sole discretion) may agree to increase the amount of the Grant in excess of the <br /> amount specified herein but in no event shall the total amount provided by the Department under this <br /> Agreement or any subsequent Amendment to this Agreement exceed 100 percent of the actual Net <br /> Project Cost. The Project will be funded with 100%federal funds. <br /> A. The following item(s)will be funded by this Grant at a rate of 100% of actual net project costs in <br /> federal ARRA TIGGER funds and 100% of actual net project costs: <br /> 1 (one) -- Hvbrid Startrans 12 Pasenqer Paratransit Vehicle with lifts and selected options. <br /> 1 (one)—Azure Dvnamics Hvbrid Diagnostic Testinq Kit <br /> The Grantee agrees that it will provide, or cause to be provided from sources other than (a) State funds, <br /> (b)federal funds, (c) receipts from the use of Project Facilities, or(d) operating revenues of the public <br /> transportation system, funds in an amount equal to the actual Net Project Cost less the amount of the <br /> federal funds actually paid to the Grantee in connection with this Agreement and less the amount of the <br /> state funds actually paid to the Grantee in connection with this Agreement. With the express prior <br /> written approval of the Department, all or part of this local share to be contributed by the Grantee may be <br /> provided by the Grantee in the form of contributions of professional, technical, or other services. <br /> No liability shall be incurred by the State in excess of the aforementioned amount(s) of the Grant. <br /> The Grantee agrees that it will provide, or cause to be provided from sources other than (a) State funds, <br /> (b)federal funds, (c) receipts from the use of Project Facilities, or(d)operating revenues of the public <br /> transportation system, funds in an amount equal to the actual Net Project Cost less the amount of the <br /> federal funds actually paid to the Grantee in connection with this Agreement and less the amount of the <br /> state funds actually paid to the Grantee in connection with this Agreement. With the express prior <br /> written approval of the Department, all or part of this local share to be contributed by the Grantee may be <br /> provided by the Grantee in the form of contributions of professional, technical, or other services. <br /> State/Federal Capital Grant Page 6 <br />
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