R91-91 AUTHORIZING THE EXECUTION OF A DOWNSTATE OPERATING ASSISTANCE AGREEMENT FOR MASS TRANSIT FOR FY' 92

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ITEM 6. INELIGIBLE EXPENSES Ineligible operating expenses include those expenses for the following: (i) depreciation; (ii) amortization of any intangible costs; (iii) debt service on capital assets acquired with the assistance of capital grant funds provided by the State of Illinois; (iv) profit or return on investment; (v) excessive payment to associated entities; (vi) any expense eligible for federal funding under a capital program; (vii) costs reimbursed under Section 6 and 8 of the "Urban Mass Transportation Act of 1964", as amended; (viii) entertainment expenses; (ix) charter, school bus and sightseeing expenses; (x) fines and penalties; (xi) charitable donations; (xii) interest expense on long-term borrowing and debt retirement other than on publicly-owned equipment and facilities; (xiii) income taxes for which the applicant is liable; (xiv) any expenses for which participant has or will receive reimbursement from any federal, state or local program; (xv) expenses associated with compliance with the Single Audit Act of 1984, (31 USC Sec. 75; OMB Circular A-128) ; (xvi) expenses for freight haulage provided by the applicant; (xvii) any expense which is reimbursed from insurance proceeds; (xviii) and maintenance of vehicles which are not used for public transportation or to support operations (e.g. , supervisory and maintenance vehicles) . ITEM 7. LIMITS OF LIABILITY AND PAYMENT The Participant agrees that the obligation of the Department under this Agreement shall not exceed the amount of the grants payable to the Participant pursuant to the provisions of this Agreement. The Participant further agrees that the Department's total obligation under the Downstate Operating Assistance Grant Program shall not exceed the amounts of the grants payable to all participants upon such program pursuant to the provisions of their respective agreements with the Department. 6