A Resolution authorizing and advancing funding to the Laredo and Webb County Area Metropolitan Planning Organization (MPO) in the amount not to exceed $149,100.00 for the payment of the Goodman Corporation for consulting services for the development of the Laredo Transit Management, Inc. Microtransit Feasibility Study, which said sums are 100% reimbursable from federal funds supplied to the MPO as per the fiscal agreement between the City of Laredo and the MPO. Funding is available in the General Fund - Planning MPO Grant.
SUBJECT
title
A Resolution authorizing and advancing funding to the Laredo and Webb
County Area Metropolitan Planning Organization (MPO) in the amount not to exceed $149,100.00 (one hundred forty-nine thousand one-hundred dollars) (the "funds") for the payment of the Goodman Corporation for consulting services for the development of the Laredo Transit Management, Inc. Microtransit Feasibility Study, which said sums are 100% reimbursable from federal funds supplied to the MPO as per the fiscal agreement between the City of Laredo and the MPO. Funding is available in the General Fund - Planning MPO Grant.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
The MPO routinely enters into consulting agreements to develop new studies. The City and the MPO have entered into a fiscal agency agreement which provides for financial services for the MPO and for advance funding of contract and other MPO expenses all of which are 100% reimbursable from the MPO's federal funding allocation.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends approval.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Y
Source of Funds: MPO Grant
Account #: 101-2112-513-5526
Change Order: Exceeds 25% Y/N: Click or tap here to enter text.
FINANCIAL IMPACT:
Funding is available in Consultant Fees (101-2112-513-5526). All expenditures are
100% reimbursable.