Fiscal Note
Funds under this grant will be used to support the 2009 Transit Division Capital Stimulus budget. 100% of the total project cost of $ 9,502,302 is funded by USDOT/FTA. 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. Please see the attached document “2009 Urbanized Area Capital Assistance ARRA Stimulus Grant Budget Version 2.”
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SUBSTITUTE - Authorizing the Transit General Manager to file an application for Urbanized area Capital Assistance formula, public transit Stimulus ARRA (American Recovery & Reinvestment Act) capital 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 American Recovery and Reinvestment Act of 2009, capital funds are made available for transit systems Capital Assistance under the Urbanized Area Formula program of 49 United States Code 5307. 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 costs of replacement of up to 4 low-floor Paratransit buses, replacement of up to 18 Hybrid Fixed-Route Buses, replacement of one accessible Van for the City of Stoughton, additional security equipment, and transit enhancements purchase of additional signage as included in the 2009 Transit Division Stimulus budget.
WHEREAS, FTA has been delegated authority to award Federal financial assistance for a transportation project; and
WHEREAS, as a condition of the assistance, the City of Madison must provide all annual certifications and assurances required by FTA and negotiate an agreement relating to the protection of mass transit employees under the provisions of Section 5333(b), fo...
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