R90-105 AUTHORIZING A DOWNSTATE OPERATING ASSISTANCE AGREEMENT

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� ITEM 6. INELIGIBLE EXPENSES Ineligible operating expenses include those expenses for the fol l owi ng: (i ) depreciati on; (i i) amortizati on of any intangible costs; (iii) debt service on capital assets acquired wi th the as si stance of capi tal 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 equipm ent 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 1 ocal program; (xv) expenses associated wi th compl i ance wi th 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 agre es 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 As sistance G rant Program shall not exceed the amounts of the grants pa�yable to all participants upon such program pursuant to the provisions of the i r res pec ti ve agreements wi th the Department. 5