Title
Ordinance in the Amount of $530,129 Amending GTA Grant Fund Budget for the Federal Fiscal Year 2016 FTA Section 5339 Bus and Bus Facilities Grant
Body
Department: Transportation
Council District: Citywide
Public Hearing: NA
Advertising Date/By: NA
Contact 1 and Phone: Adam Fischer 373-2861
Contact 2 and Phone: Bruce Adams 412-6237
PURPOSE:
The City of Greensboro has received funds in the amount of $450,610 from the Federal Transit Administration (FTA) to support eligible expenses for the Federal Fiscal Year (FFY) 2016 FTA Section 5339 Bus and Bus Facilities Grant. A budget ordinance must be approved to allow the expenditure of funds.
BACKGROUND:
Section 5339 funds can be used to replace, rehabilitate, and purchase buses, vans, and related equipment and to construct bus-related facilities. The City of Greensboro will utilize the funding to purchase seven (7) paratransit vehicles as replacements for seven (7) paratransit vehicles that have met their useful life in miles. The new vehicles will be fully equipped with ADA compliant equipment.
At their September 1, 2016 meeting, the GTA Board approved the project.
BUDGET IMPACT:
The City has been awarded federal funds in the amount of $450,610. The City will be required to provide local matching funds in the amount of $79,519. These funds are budgeted in the Transit Operations Account 564-4531-01-6567. The total project funding is as follows:
$450,610 Federal (85%)
$ 79,519 Local (15%)
$530,129
RECOMMENDATION / ACTION REQUESTED:
The Department of Transportation recommends and requests that the City Council approve the attached budget ordinance establishing $530,129 for the FY2016 FTA Section 5339 Bus and Bus Facilities Grant.