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a � <br /> r <br /> Community Development <br /> Memorandum <br /> 94-104 <br /> May 23, 1994 <br /> To: Honorable Mayor and City Council Members <br /> From: James C. Bacon, Jr., City Manager <br /> George Weaver, Director of Department of Community Development <br /> Robert S. Reed, Mass Transit Administrator <br /> Subject: Grant Agreement for FTA FY'94 Operating Assistance <br /> Upon City Council approval,the attached resolution will authorize the execution of a <br /> Section 9 operating assistance grant agreement with the U.S. Department of Transportation, <br /> Federal Transit Administration. The grant will provide$630,000 in federal funds for the <br /> operation of the Decatur Public Transit System during FY'94 (July 1, 1993 thru June 30, 1994). <br /> The grant award was delayed because the 13(c)certification was not received from the <br /> U.S. Department of Labor until May 5, 1994. It will take about 30 days to set up the <br /> letter-of-credit and to commence drawdowns on the grant. <br />