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.� . <br /> . ' <br /> COMMUNITY DEVELOPMENT <br /> MEMORANDUM <br /> 92-172 <br /> August 24, 1992 <br /> To: Honorable Mayor and City Council Members <br /> From: James C. Bacon, Jr. , City Manager <br /> David A. Clark, Director of Department of Community <br /> Development <br /> Robert S. Reed, Mass Transit Administrator <br /> Subject: Downstate Operating Assistance Agreement for FY' 93 <br /> Upon City Council approval, the attached resolution will <br /> authorize the execution of a Downstate Operating Assistance Grant <br /> Agreement with the Illinois Department of Transportation. The <br /> State agrees to reimburse the City for up to 45$ of the eligible <br /> operating expenses of the Decatur Public Transit System in FY' 93 <br /> (July 1 , 1992 thru June 30, 1993) . � <br /> The mass transit operating budget for the State fiscal year <br /> is estimated at $2, 190,680 of which IDOT' s share will be <br /> $985 ,806 . The first quarterly reimbursement for FY'93 is <br /> expected in October, 1992 . <br /> RSR/dmu <br />