SUBJECT
title
Authorizing the City Manager to execute Advanced Funding Agreement (AFA) No. CSJ-0922-33-227 with the Texas Department of Transportation in the estimated amount of $1,359,800.00 including federal participation for an estimated amount of $1,000,000.00, state participation for an estimated amount of $207,300.00, and local participation for an estimated amount of $152,500.00 including 100% of overruns for the City improvement of twelve (12) ADA Bus Stops and Bicycle Enhancements Project. In addition, an estimated Direct State Cost of $50,000.00 for General Administration is included in the AFA 0922-33-227. Funding is available in the Transit Grant Fund.
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PREVIOUS COUNCIL ACTION
On November 7, 2022, the Laredo Mass Transit Board approved the submittal of the Transportation Alternatives (TA) Set-Aside grant application for ADA Bus Stops and Bicycle Enhancement Project.
BACKGROUND
The Federally funded Transportation Alternative Set Aside (TASA) Program offers opportunities to expand transportation choices and enhance the transportation experience through several categories of activities related to the surface transportation system. The Transportation Alternative Set Aside Program focuses on non-traditional transportation projects. Transportation Alternative Set Aside Program projects must relate to surface transportation and be eligible under one or more of the qualifying categories.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: N
Source of Funds: Transit Grant Fund
Account #: 518-5180-584-9900
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Funding is available in the Transit Grant Fund.