Title
Consider a resolution authorizing the Mayor to execute a First Amendment to the Interlocal Agreement with Capital Metropolitan Transportation Authority for transit services.
Body
Consider a resolution authorizing the Mayor to execute Amendment #1 to the Interlocal Agreement (ILA) between the City of Round Rock and Capital Metro. This amendment will extend the current agreement for an additional one-year period starting on October 1, 2023 and will expire on September 30, 2024.
Capital Metro will continue to provide local fixed route bus service within the City and commuter service into and out of Austin. Capital Metro shall provide the required number of vehicles, supervisors, fuel, bus operators and all other incidentals as required to perform an operationally dependable public transportation service.
The City will use a combination of federal (5307) and local funding to meet its financial commitment under this Agreement. The City and Capital Metro will both ensure compliance with all applicable federal statutes,regulations and policies.
Total Cost: $1,358,369
Federal 5307 (50%) $ 679,184
Local General Revenues (50%) $ 679,185
Cost: $1,358,369
Source of Funds: General Fund