R99-214 AUTHORIZING THE FILING AND EXECUTION OF AMENDMENT NO. 1

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, � ITEM 3 -AMOUNT OF GRANT The estimated Net Project Cost is $1,925,000. The Department agrees to make a Grant reimbursing the Grantee in an amount not to exceed $1,925,000, provided, however, the Department (at its sole discretion) may agree to increase the amount of the Grant in excess of the amount specified herein, but in no event shall the amount(s) provided by the Department under this Agreement or any subsequent Amendment to this Agreement exceed each of the respective percentages of the items of cost shown below. The amount of the Grant will fund the actual costs of certain items in the Grant, as determined by the Department upon completion of the Project, to be calculated as follows: A. The following item(s)will be funded by this Grant at a rate of 80% of actual net project costs in federal funds and 20% of actual net project costs in state funds: 11.12.02a Purchase three heavy-duty buses 11.12.02c ur� chase two heavy-duty buses B. The following item(s) will be funded by this Grant at a rate of 100% of actual net project costs in state funds: 11.12.02b Contingency 11.12.02d Purchase two heavy-duty buses No liability shall be incurred by the State in excess of the aforementioned amount(s) of the Grant. The Grantee agrees that it will provide, or cause to be provided from sources other than (a) State funds, (b)federal funds, (c) receipts from the use of Project Facilities, or (d) operating revenues of the public transportation system, funds in an amount equal to the actual Net Project Cost less the amount of the federal funds actually paid to the Grantee in connection with this Agreement and less the amount of the State funds actually paid to the Grantee in connection with this Agreement. With the express written prior approval of the Department, all or part of this local share to be contributed by the Grantee may be provided by the Grantee in the form of contributions of professional, technical, or other services. ITEM 4 -THE PROJECT BUDGET The Approved Project Budget is set forth in Exhibit°B" hereto. The Grantee shall carry out the Project and shall incur obligations against and make disbursements of project funds only in conformity with the latest Approved Project Budget (Exhibit B). The Approved Project Budget (except as otherwise provided in tTEM 11(c)) may be revised from time to time by approval of authorized Department personnel, but no Budget or revision thereof shall be effective unless and until the Department shall have approved the same in writing. ITEM 5 - DOCUMENTS FORMING THIS AGREEMENT The Parties agree that this Agreement constitutes the entire agreement between the Parties hereto, that there are no agreements or understandings, implied or expressed, except as specifically set forth in this Agreement and that all prior arrangements and understandings related hereto are merged into or superseded by this Agreement. State/Federal Capital Grant page 6