CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO. R-19-205 ENACTMENT NO. ______________________
SPONSORED BY: Isaac Benton
RESOLUTION
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Approving And Authorizing The Filing Of A Grant Application For Revenue Vehicle Purchase With The Federal Transit Administration (FTA) Of The U.S. Department Of Transportation And Providing For An Appropriation To The Transit Department (Benton)
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APPROVING AND AUTHORIZING THE FILING OF A GRANT APPLICATION FOR REVENUE VEHICLE PURCHASE WITH THE FEDERAL TRANSIT ADMINISTRATION (FTA) OF THE U.S. DEPARTMENT OF TRANSPORTATION AND PROVIDING FOR AN APPROPRIATION TO THE TRANSIT DEPARTMENT.
WHEREAS, the Administrator of the Federal Transit Administration of the U.S. Department of Transportation has made federal funds from the 5339 Bus and Bus Facility Low No funds available to the City of Albuquerque in the total of $2,786,875 for Revenue Vehicle Purchase; and
WHEREAS, the Revenue Vehicle Purchase involves projects identified in the 2018-2023 Transportation Improvement Program (TIP) that will ultimately provide another type of transit service within the Albuquerque Urbanized Area; and
WHEREAS, the above project supports the desired community condition for safe and affordable integrated transportation options associated with Goal 3 -Public Infrastructure on the City’s Five-Year Goals Plan; and
WHEREAS, the City desires to appropriate these funds and City funds in the amount of $450,625 from Transit Capital Implementation Program Fund 305 for the local match and includes the City’s portion of Indirect Overhead (IDOH).
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the attached application to aid for financing of public transportation projects pursuant to 49 U.S.C., 5339 with the Federal Transit Administration of the U.S. Department of Transportation in the amount of $3,237,500 is hereby approved, and its acceptance and filing with the appropriate official or office is in all respects approved.
Section 2. That upon award, funds in the amount of $3,237,500 consisting of $2,786,875 in federal funds from the Federal Transit Administration which include $48,961 for IDOH, and $450,625 from the Transit Capital Implementation Program fund 305 which includes $7,970 for IDOH is hereby appropriated to the Transit Grant fund 665 for Fiscal Year 2020.
Section 3. That in the event this grant is received, upon execution of an agreement of the parties, the amounts indicated above will be appropriated in their respective fund, with the provision the amount will be adjusted to reflect actual Federal participation and the corresponding percentage of required local matching funds.
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