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COMMUNITY DEVELOPMENT MEMORANDUM �I <br /> NO. 99-127 �I <br /> Ma 27 1999 I�� <br /> Y , <br /> TO: Honorable Mayor Te M Howley and City Council Members <br /> FROM: James L. Williams ., City Manager <br /> Cecil A. Collins, Jr., Director of Community Development <br /> SUBJECT: Authorization to Draw Down Federal Funds <br /> Grant #IL90-X358 <br /> Staff seeks authorization from City Council to draw down funds from the Federal Transit <br /> Administration under the above referenced grant agreement in the amount of$1,134,075. This <br /> authorization is for operating assistance and capital expenditures for fiscal year 1999. <br /> This year's federal assistance of$1,134,075 is an increase of$689,075 over the previous year's <br /> funding for fiscal year 1998. <br /> Staff will be available to answer questions. <br /> attach: Grant Application <br />