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File #: 2018-5924   
Type: Resolution Status: Approved
File created: 9/10/2018 In control: City Council
On agenda: 9/27/2018 Final action: 9/27/2018
Title: Consider a resolution authorizing the Mayor to execute a Memorandum of Understanding with Capital Metropolitan Transportation Authority regarding the Provision of Federal Transit Administration Section 5307 Program Funds for Fiscal Years 2019 and 2020.
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the Mayor to execute a Memorandum of Understanding with Capital Metropolitan Transportation Authority regarding the Provision of Federal Transit Administration Section 5307 Program Funds for Fiscal Years 2019 and 2020.

 

Body

This Memorandum of Understanding (MOU) outlines the City's and Capital Metropolitan Transportation Authority's (Capital Metro's) agreement for the City to receive it's appropriate share of 5307 funds from the Federal Transit Administration (FTA), as a direct recipient, for fiscal years 2019 and 2020.  The exact amounts will be calculated based on the federal apportionment of 5307 funds Capital Metro receives.  The City is responsible for complying with all applicable Section 5307 Program requirements including, but not limited to providing local matching funds.  The MOU will expire at the end of FY 2020.