Laserfiche WebLink
: . <br /> Mass Transit Memorandum <br /> No. 022405-1 <br /> February 24,2005 <br /> TO: Honorable Mayor Osborne and City Council Members <br /> FROM: Steve G City Manager <br /> Paul McC y, Mass Transit Administrato�r�L� t <br /> SUBJECT: FTA Operat ng and Capital Assistance Grant for FFY-2005 <br /> SUMMARY Staff recommends that Council approve a Resolution to authorize <br /> RECOMMENDATION: the filing of an application for federal funding for FFY-2005 in the <br /> total amount of$1,055,105. The application would request <br /> $1,032,305 in operating assistance and $22,800 in capital <br /> assistance. <br /> BACKGROiTND: Every year the Federal Transit Administration (FTA) sets aside <br /> grant funds for each metropolitan transit system. For FFY-2005 <br /> the amount available to Decatur is $1,055,105. Staff recommends <br /> that a grant application be submitted to FTA requesting that the <br /> available funding be divided as follows: $1,032,305 of this amount <br /> to be used to help offset the operating deficit of the Transit System; <br /> and$22,800 to be used to purchase maintenance equipment. <br /> POTENTIAL A public hearing was held to discuss this grant application. No <br /> OBJECTION: negative comments were received. There are no known or <br /> expected objections to this grant application. <br /> INPUT FROM Richard Foiles, General Manager, DPTS <br /> OTHER SOURCES: James Gillum, Maintenance Superintendent, DPTS <br /> STAFF REFERENCE: Paul McChancy, Mass Transit Administrator <br /> BUDGET/TIME The requested FTA grant funds require a local match, as follows: <br /> IMPLICATIONS: a) The proposed FTA operating funds would be matched (50/50) <br /> by state operating funds already awarded to Decatur. <br /> b) The proposed $22,800 of FTA capital funds would be matched <br /> (80/20)by$5,700 of state capital funds to be requested after <br /> approval by FTA,or by City capital funds. <br />