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Finance Committee forwards $569,390 FTA formula grant to full council for transit upgrades
Summary
The Finance Committee voted without objection to forward to full council a resolution authorizing the city manager to accept and appropriate $569,390 in Federal Transit Administration formula funds for bus technology, an electric service vehicle, a used ADA-compliant van and transit center amenities; the 20% local match is budgeted.
At a special meeting the Finance Committee voted without objection to forward to the full City Council a resolution authorizing the city manager to accept and appropriate $569,390 in Federal Transit Administration formula funds for new bus technology, an electric service vehicle, a used ADA-compliant van and transit center amenities.
A presenter told the committee, “what we're talking about tonight is a, council resolve to authorize, city manager to accept and appropriate $569,390 in federal transit administration funds, for new technology, electric service vehicle, a used ADA van, and transit center amenities.” The presenter said the money is formula capital funding that cannot be used for operating expenses and requires a 20% local match.
The presenter said the funding is a formula apportionment awarded each year to the Community Connector and that the city has accumulated five years of apportionment now available for capital projects. “The technology is the bulk of that,” the presenter added when asked about the breakdown.
A committee member asked, “My only question is on the 20% local share match. Have we already allocated for that?” The presenter replied, “Yes. That is part of the annual budget, though.”
Committee members moved and seconded a motion to forward the resolution to the full council. The motion was approved by voice without objection in the committee and will appear on that evening's full council agenda, where councilors will also be asked to confirm any waiver of a second reading. The finance committee adjourned shortly afterward.
Note on transcript wording: the meeting transcript refers to the funding line as “50 $3.30 9 funding.” The committee described this as Federal Transit Administration formula funding; this likely corresponds to the FTA formula program commonly referred to as “5339” in federal transit funding nomenclature, and the article uses the standardized reference "Federal Transit Administration (FTA) formula funds" for clarity.
