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Commu�ity Development <br /> Memorandum , <br /> 96-195 �! <br /> To: Honorable Mayor and City Council Members I <br /> From: James L. Williams, Jr., City Manager <br /> George C. Weaver, Director of Department of Community Development <br /> Robert S. Reed, Mass Transit Administrator <br /> Subject: Amended IDOT Capital Grant Agreement <br /> Upon City Council approval, the attached resolution will authorize the execution of an <br /> amended capital grant agreement with the Illinois Department of Transportation. The original <br /> grant agreement in 1992 was for $1,800,000 for the purchase of 10 buses. The cost of the <br /> coaches was $1,794,124.46, so the grant agreement is being amended to show that amount. This <br /> will allow the State to de-obligate the remaining $5,875.54 in the grant and to use the funds for <br /> some other project. <br /> RSR/j j <br />