Fiscal Note
The proposed resolution authorizes Metro to submit a grant application to the Department of Transportation for a series of grant programs referred to as the Super Grant package. In their request, Metro will seek $12.6 million in federal funds for the following projects:
1. Fixed Route Transit Coach Replacement: $5.1m (Capital Cost)
2. Preventative Maintenance Cost: $308k (Operating)
3. Leased Space at Metro Headquarters: $1.1m (Operating)
The local match for these funds is $10.1m. The federal funding and local match for the operating costs from this grant are included in Metro’s 2020 Adopted Budget. Capital funding for Transit Coach Replacements will be applied to future capital budgets.
Title
Authorizing the Transit General Manager to file an application for a Section 5307, 5337 & 5339 Super Grant, public transit capital, capital maintenance, and capital planning grant with U.S. Department of Transportation and authorizing the Mayor and the City Clerk to execute the associated grant agreement with USDOT and the associated 13 (c) agreement with Teamsters Local No. 695.
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PREAMBLE
Under the Urbanized Area Formula program of 49 United States Code 5307, funds are made available for capital and operating assistance and transportation-related planning projects. As an urbanized area, the City of Madison receives from the U.S. Congress an apportionment for use by Madison Metro. Metro will use its funds for capital leasing, preventive maintenance costs, and capital costs for low-floor buses as included in the Transit Division capital and operating budgets.
Under Sections 5337 and 5339 (formerly known as Section 3 of the Federal Transit Act, as amended), capital funds are available for transit system capital improvements. Metro will use these funds to purchase buses to replace older buses still in service. The local share is funded in the Metro Capital budget.
WHEREAS, FTA has been delegated authority to award Federal financial assistance for a trans...
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