Fiscal Note
Funds under this grant will be used to support the Transit Division Capital budget. Up to 50% of the total bus project cost of $8,610,000.00 is funded by USDOT/FTA with the remaining 50% local share ($4,305,000.00) to be funded with general obligation debt, which is included in the Transit Utility's Capital budget. For the YWCA JobRide van project, up to 80% of the total project cost of $165,000.00 is funded by USDOT/FTA with the remaining 20% local share ($33,000.00) to be funded by the YWCA’s budget.
The separate 13c agreement is a required precondition for receiving Federal grant funds. Any costs associated with the 13(c) agreement are included in the Transit Division operating budget.
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Authorizing the Transit General Manager to file an application for a Surface Transportation Program (STP) capital grant with U.S. Department of Transportation and authorizing the Mayor and the City Clerk to execute the associated grant agreement with USDOT, the associated 13 (c) agreement with Teamsters Local No. 695 and associated subrecipient agreements with the YWCA Inc.
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PREAMBLE
Section 1108 of the Moving Ahead for Progress in the 21st Century Act (MAP-21) establishes the Surface Transportation Program (STP) under 23 U.S.C. 133. Section 1105 of MAP-21 provides for the apportionment of funds under 23 U.S.C. 104.
WHEREAS, 23 U.S.C. § 133(b) specifically authorizes funding for capital purchases related to transit projects as defined under 49 U.S.C. Chapter 53 and carpool projects, which is defined and explained by 23 U.S.C. § 101(a)(3) and 23 U.S.C. §146 (a). Capital funds are available for transit system capital improvements. Metro will use these funds to purchase buses to replace older buses still in service and assist the YWCA with the purchase of replacement vans for their JobRide program. The local share for the bus project is funded in the Metro Capital budget and the YWCA will be responsible for the local share for their van project.
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