SUBJECT
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Authorizing the City Manager to accept and execute the Texas Department of Transportation State Urban Grant No. STATE-U-2024-LAREDO-00115 for Fiscal Year 2025 in the amount of $670,150.00. This grant will cover the operating expenses for El Metro fixed-route and El Lift prevention maintenance. The grant period will be from October 1, 2024 to September 30, 2025. There is no local match required for this grant. Funding is available in the Transit State Operating Grant Fund.
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PREVIOUS COUNCIL ACTION
On July 22, 2024, Laredo Mass Transit Board approved to submit TxDOT grant application.
BACKGROUND
On June 27,2024, the Texas Transportation Commission approved the minutes to award $83,773,341 in state and Federal Transit Administration (FTA) program funds to support a variety of public transportation needs in rural and urbanized areas of the state. An award of $35,857,674 of these state funds were designated to the transit district serving the large and small urbanized areas and rural transit districts.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends approval of this resolution.
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Fiscal Impact
Fiscal Year: 2025
Budgeted Y/N?: Y
Source of Funds: Transit - State Operating Fund
Account #: 518-0000-323-2001
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Funding is available in the Transit System - State Operating Fund.