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Community Development ' <br /> Memorandum <br /> 97-33 <br /> March 24, 1997 <br /> TO: Honorable Mayor Terry M. Howley and City Council Members <br /> FROM: James L. Williams, ., City Manager <br /> Debora L. Bean, A ting Director of Department of Community Development��� <br /> Robert S. Reed, Mass Transit Administrator <br /> SUBJECT: Downstate Operating Assistance Grant Application for FY'98 <br /> Upon City Council approval, the attached resolution will authorize the filing of the City's annual <br /> Downstate Operating Assistance grant application. The funds being requested from the Illinois <br /> Department of Transportation will help support the operation of the Decatur Public Transit System in <br /> FY'98 (July 1, 1997 thru June 30, 1998). <br /> Total eligible operating expenses are estimated at $2,235,000 for the year and the State will fund 49%, <br /> or $1,095,150 of that amount. The federal share is projected to be $445,000 and the remaining $694,850 <br /> will come from passenger revenues and local contributions. State approval of the grant application is <br /> expected by July and the first reimbursement for FY'98 should be received before October, 1997. <br /> RSR/jj <br /> Enc. <br />