Fiscal Note
The proposed resolution expresses support for Metro Transit's 5339b grant application to the Federal Transit Administration (FTA) for bus facility improvements at 1101 E. Washington. A separate resolution accepting the grant award will be submitted at a later date should the City be awarded the grant funding from the FTA. Matching funds for this grant would come from existing GO borrowing anticipated in the out years of Metro’s capital improvement plan (CIP) in the Facilities Repairs and Improvement program. No additional GO Borrowing, beyond what is currently planned in the CIP, is anticipated to meet the grant match requirements.
Title
Supporting Madison Metro's 5339b Grant Application to Federal Transit Administration for renovations at Metro’s maintenance facility located at 1101 E. Washington.
Body
WHEREAS, the Madison Metro Transit Facility Study, completed March 9, 2018, recommended a six-phase strategy with over $55 million in renovations at 1101 E. Washington Avenue, and
WHEREAS, Metro has followed the recommendations in the report, starting with the 2018 roof replacement project, and
WHEREAS, the Phase 3B project is remodeling about 40,000 SF of existing space that includes the two story Admin Area of the building, Dispatch and the complete renovation of the western half of Maintenance A with a total project budget of approximately $10.5 million, and;
WHEREAS, the Federal Transit Administration has a competitive funding program, 5339b, for Buses and Bus Facilities, of which the renovations at Metro’s maintenance facility located at 1101 E. Washington would qualify for a federal grant under this program, and;
WHEREAS, the program requires a commitment for a local funding match with the application, and that such commitment would make Metro’s application for such grant more competitive, and;
WHEREAS, the Madison Common Council has taken similar action (RES-15-00342, RES-19-00471 and RES-20-00282) to amend and adjust the city budget to demonstrate the City’s commitment to providing local match for a federal grant to fund transit supportive investments, and;
WHEREAS, the City of Madison’s 2021 Six Year Capital Improvement Plan includes city funding for Metro Facilities Repairs and Improvement in the amount of $10,540,000 in 2023, of which this grant submittal supports and helps implement.
WHEREAS, a separate resolution will be introduced to accept the 5339b funding if Metro Transit is awarded it.
NOW, THEREFORE, BE IT RESOLVED, that if the Federal Transit Administration awarded the City of Madison a grant of up to $8.4 million for renovations at Metro’s maintenance facility, the City of Madison would provide the match funds required, up to $2.1 million.