SUBJECT
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Authorizing the City Manager to accept and execute the Federal Transit Administration (FTA) FY2022 Section 5339 Bus and Bus Facilities Grant Program TX-2023-088 in the amount of $449,924.00 authorized under the new Bipartisan Infrastructure Law, enacted as the Infrastructure Investment and Jobs Act. Funding will be used for the purchase of twenty-eight (28) bus farebox equipment upgrade for the El Metro Bus Operations. The required local match is for $89,985.00 and the FTA share is for $359,939.00. Funding is available in the Transit Capital Grants Fund.
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PREVIOUS COUNCIL ACTION
On 05/16/2022, the Interim City Manager authorized to submit a grant application for $449,924.00 to the Federal Transit Administration (FTA) FY2022 Section 5339 Bus and Bus Facilities Grant Program authorized under the new Bipartisan Infrastructure Law, enacted as the Infrastructure Investment and Jobs Act. Funding will be used for the purchase of twenty-eight (28) bus farebox equipment upgrade for the El Metro Bus Operations.
BACKGROUND
The Bipartisan Infrastructure Law, enacted as the Infrastructure Investment and Jobs
Act, continues, without change, the Urbanized Area Formula Funding program that
makes federal resources available to urbanized areas and governors for transit capital
and operating assistance in urbanized areas and for transportation-related planning.
An urbanized area is an incorporated area with a population of 50,000 or more that is
designated as such by the U.S. Department of Commerce, Bureau of the Census.
Funding is made available to designated recipients that must be public bodies with the
legal authority to receive and dispense federal funds.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the City Manager to accept and execute this grant.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N: Y
Source of Funds: Transit Capital Grants
Account #: 518-5180-584-9900
Change Order: Exceeds 25% Y/N: N
FINANCIAL IMPACT:
Funding is available in the Transit Capital Grants Fund.