SUBJECT
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Authorizing the City Manager to accept and execute the Federal Transit Administration (FTA) grant TX-2024-100-00 FY22 Section 5310 Enhanced Mobility of Seniors and Individuals with Disabilities Replacement Vans in the amount of $297,446.00. Funding will be used to purchase two paratransit vans that will provide a better transportation service to our senior citizens and individuals with disabilities. The FTA share is in the amount of $252,829.00 and the Local Match share is in the amount of $44,617.00 (85/15). Funding is available in the Transit Capital Grants.
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PREVIOUS COUNCIL ACTION
On 07/22/2024, The Laredo Mass Transit Board approved to submit this grant application.
BACKGROUND
On June 16, 2022, FTA announced approximately $8.4 million in Fiscal Year (FY) 2021 and FY 2022 funding through the Innovative Coordinated Access and Mobility (ICAM) program to 17 projects in 16 states. This program provides formula funding to states designated recipients to meet the transportation need of older adults and people with disabilities when the transportation service provided is unavailable, insufficient, or inappropriate to meeting these needs.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution.
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Fiscal Impact
Fiscal Year: 2025
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 Reserve Fund.