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R98-51 AUTHORIZING THE EXECUTION OF DOWNSTATE OPERATING ASSISTANCE AGREEMENT
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R98-51 AUTHORIZING THE EXECUTION OF DOWNSTATE OPERATING ASSISTANCE AGREEMENT
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4/12/2016 11:42:11 AM
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Resolution/Ordinance
Res Ord Num
R98-51
Res Ord Title
AUTHORIZING THE EXECUTION OF DOWNSTATE OPERATING ASSISTANCE AGREEMENT FOR MASS TRANSIT FOR FY'98
Approved Date
4/20/1998
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� <br /> Community Development <br /> Memorandum <br /> 98-29 <br /> April 13, 1998 <br /> To: Honorable Mayor and City Council Members <br /> From: James L. William ., City Manager <br /> Cecil Collins, Jr., irector of the Department of C�unity Development <br /> Robert S. Reed, Mass Transit Administrator � � <br /> Subject: Downstate Operating Assistance Grant Agreement for FY'98 <br /> Upon City Council approval, the attached resolution will authorize the execution of a <br /> Downstate Operating Assistance Agreement with the Illinois Department of Transportation. <br /> Under terms of the agreement, the State will reimburse the City for 49% of the eligible operating <br /> expenses of the Decatur Public Transit System in FY'98. <br /> The mass transit operating budget for the year is $2,235,000 and the federal share is <br /> $445,000. The State portion of the program will be $1,095,150. <br />, RSR/pd <br />
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