R2001-192 AUTHORIZING AN AGREEMENT

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Mass Transit Memorandum No. 102401-1 October 24, 2001 TO: Honorable Mayor Howley and City Council FROM: Steve G ity Manager Paul McCh , Mass Transit Administrato�� SUBJECT: Grant Agreement for IDOT Mass Transit Operating Assistance SUMMARY Staff recommends that Council ado t a Resolution to execute an P RECOMMENDATION: agreement with the Illinois Department of Transportation for mass transit operating assistance in the amount of$1,731,651 for FY-2002. BACKGROUND: Each year the Illinois Department of Transportation(IDOT) provides grant assistance to offset part of the cost of operating the Decatur Public Transit System. On September 17, 2001 an application was submitted to IDOT requesting a grant of $1,731,651 for state Fiscal Year 2002. The attached agreement would award Decatur an operating assistance grant not to exceed 55% of the eligible transit operating expenses, for a maximum amount of$1,731,651. POTENTIAL No known objection to this project. OBJECTION: INPUT FROM Division of Public Transportation, OTHER SOURCES: Illinois Department of Transportation STAFF REFERENCE: Paul McChancy, Mass Transit Administrator BUDGET/TIME This grant will reimburse Decatur for 55% of its eligible transit IMPLICATIONS: operating expenses. The remaining 45% will be paid through an operating grant from the Federal Transit Administration, fares and other revenues generated by the transit system, and local funds. 'The term of this grant agreement is state Fiscal Year 2002.