R92-12 AUTHORIZING AN AGREEMENT WITH THE UNITED STATES DEPARTMENT OF TRANSPORTATION

Home Browse Search

, � , � UNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION FEDERAL TRANSIT ADMINISTRATION GRANT SECTIONS 3, 8, 9, AND/OR 9B OF THE FEDERAL TRANSIT ACT, AS AMENDED, 49 U.S.C. APP. SECTIONS 1601 ET SEQ. ; AND/OR TITLE 23, U.S.C. (HIGHWAYS) PART I THIS GRANT, effective on the date specified in the Notification of Grant Approval, is entered into by and between the Federal Transit Administration (FTA) of the United States of America ("Government") and the Grante'e named in the Notification of Grant Approval. In consideration of the mutual covenants, promises, and representations herein, the parties hereto agree as follows: Section 1. Purpose of Grant - The purpose of this Grant is to provide for the undertaking of a public transit planning, acquisition, construction, improvement, and/or operating program ("Program") or project ("Project") as authorized under the Federal Transit Act, as amended; and/or Title 23, U.S.C. (Highways) with Federal financial assistance to the Grantee in the form of a grant ("Grant") , for the purposes set forth in the Program/Project Description in the Notification of Grant Approval that are in accordance with the statutes and any implementing regulations or guidelines; and to state the terms and conditions upon which such assistance will be provided and the manner in which the Project or the projects in the Program will be undertaken and the Program or Project planning studies, facilities, or equipment will be used. Section 2 . The ProgramfProject - The Grantee agrees to undertake and complete the Program or Project, and to provide for the use of the Program or Project facilities or equipment, substantially as described in its Application, incorporated herein by reference, filed with and approved by the Government, and in accordance with the terms and conditions of this Grant. The "Program/Project Description" in the Notification of Grant Approval describes the Program or Project to be funded by this Grant. ' Section 3. Federal Assistance - a. The Goverment intends � to assist the Grantee in financing that portion of the Project or Program of Projects that cannot reasonably be financed from the Grantee's revenues, i.e. "Net project Cost" of the Project or "Net Project Cost" of all projects in the Program of Projects. The Net Project Cost ( which includes amendments) of all projects covered by this Grant is set forth on the Notification of Form FTA 1000 12/18/91 Page 1