Fiscal Note
The proposed resolution awards the Low-No Emission Grant to Metro Transit and amends the adopted 2018 capital budget to accept $1,278,950 of federal funding and $31,000 of private contribution funds within the Transit Coaches capital program in 2018. Funds under this grant will be used to support the Transit Coaches program within the Metro Transit Capital budget to purchase three electric buses and pay for project management assistance. Up to 90% of the total cost of the electric buses ($1,278,950) is funded by USDOT/FTA with the remaining local share to be funded from a contribution from MG&E ($31,000) and budgeted general obligation debt ($187,050) in the adopted 2018 Transit Coaches capital program. The resolution has no 2018 operating budget impact as the electric buses will be delivered for operation in the 2019 fiscal year; operating costs of the the electric buses are anticipated budget neutral.
The proposed resolution also authorizes the sole source agreement for the electric bus delivery and project management with the Center for Transportion and Environment (CTE) and Proterra as planned in the grant application and award.
Title
Authorizing the Transit General Manager to file an application for a Section 5339 Low-No Emission 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 sole source agreements with the project partners, Center for Transportation and the Environment (CTE) and Proterra and execute the required 13 (c) agreement with Teamsters Local No. 695, and accepting the grant award and amending the 2018 adopted capital budget to add $1,278,950 of federal funding and $31,000 of private contribution funds to the Transit Coaches capital program.
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PREAMBLE
The Low or No Emission Competitive program provides funding to state and local governmental authorities for the purchase or lease of zero-emission and low-emission transit...
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