Fiscal Note
Up to 80% of the total project cost of $1,135,766. is funded by USDOT/FTA with the remaining 20% to be funded with general obligation debt. Funding is/will be included in the 2007 and 2008 Transit Division capital budgets. Any costs associated with the 13(c) agreement are included in the Transit Division operating budget. The City is covered under its current insurance policies. Therefore, the resolution will not result in increased premiums at this point and has no impact on cost controls.
Title
Authorizing the Transit General Manager to file an application for a public transit capital grant with Wisconsin Department of Transportation and authorizing the Mayor and the City Clerk to execute the associated grant agreement with WISDOT and the associated 13 (c) agreement with Teamsters Local No. 695.
Body
PREAMBLE
Under Section 5309 (formerly known as Section 3 of the Federal Transit Act, as amended), discretionary capital funds are available for Capital projects . The State of Wisconsin is eligible to secure capital funds and to pass them through to local transit properties for projects. Metro will use these funds to purchase up to four 40 ft. replacement buses.
WHEREAS, WISDOT has been delegated authority to award and pass through Federal financial assistance for a transportation project; and
WHEREAS, grants for financial assistance will impose certain obligations upon the City of Madison, including the provision of the local share of the project costs; and
WHEREAS, as a condition of the assistance, the City of Madison must provide all annual certifications and assurances required by FTA and WISDOT, and negotiate an agreement relating to the protection of mass transit employees under the provisions of Section 5333(b), formerly Section 13 (c) of the Federal Transit Act, as amended; and
WHEREAS, the U.S. Department of Transportation's Master Agreement contains a provision which requires the City to indemnify, save and hold harmles...
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