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y f <br /> Mass Transit Memorandum <br /> No. 120803-1 <br /> December S,2003 <br /> TO: Honorable Mayor Osborne and City Council Members <br /> FROM: Steve Garma ity Manager <br /> Paul McCha c , Mass Transit Administrat ,g���= <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, 2003, to December 31, 2004. <br /> BACKGROUND: On February 14, 2002, the State executed a capital grant agreernent <br /> with the City and that agreement is only valid through December <br /> 31, 2003, "unless the Department(IDOT), at its discretion, grants <br /> an extension of time." Since funds remain to be spent for two of <br /> the seven projects listed in the agreement, staff has petitioned <br /> IDOT to extend this agreement through December 31, 2004. The <br /> proposed amendment would have no effect on the amount of funds <br /> available or the types of projects to be funded. The proposed <br /> amendment would merely extend the deadline for spending the <br /> IDOT funds. <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 /> OTHER 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 />