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Mass Transit Memorandum <br /> No. 112204-2 <br /> November 22,2004 <br /> TO: Honorable Mayor Osborne and City Council Members <br /> FROM: Steve Ga ity Manager <br /> Paul McC c , Mass Transit Administrato�M �' <br /> SUBJECT: IDOT Capital Assistance Grant Contract Amendment <br /> CAP-02-792-FED, Contract No. 3264 <br /> SUMMARY Staff recommends that Council approve a Resolution to execute an <br /> RECOMMENDATION: amended agreement with the Illinois Department of Transportation <br /> (IDOT) extending the deadline for the capital grant from December <br /> 31, 2004, to December 31, 2007. <br /> BACKGROUND: On February 14, 2002, the State executed a capital grant agreement <br /> with the City and that agreement is valid through December 31, <br /> 2004, "unless the Department (IDOT), at its discretion, grants an <br /> extension of time." Completion of this grant has been delayed by <br /> State budget problems, and by the recent announcement that no <br /> capital program matching funds were included in the IDOT budget. <br /> By extending the deadline for this grant, the City would be eligible <br /> for reimbursement of capital purchases made under this grant <br /> through December 31, 2007. The proposed amendment would <br /> have no effect on the amount of funds available or the types of <br /> projects to be funded. The proposed amendment would merely <br /> extend the deadline for procuring items specified in the IDOT <br /> grant. <br /> POTENTIAL There is no known or expected objection to the proposed <br /> OBJECTION: amendment. <br /> INPUT FROM Nicholas Haddad, Illinois Department of Transportation <br /> OT�IER SOURCES: <br /> STAFF REFERENCE: Paul McChancy, Mass Transit Administrator <br /> BUDGET/TIME There would be no change in the budget for capital projects, and <br /> IMPLICATIONS: the proposed amendment would not require additional staff time <br /> or expenses. <br />