Title
Consider a resolution authorizing the submittal of a grant application for FY 2019 Federal Transit Authority Section 5307 funds in the amount of $667,591 for the fixed route bus system and paratransit services.
Body
Application for Section 5307 Federal Transit Administration (FTA) urbanized area formula appropriations for fiscal year 2019. The federal funding amount of $667,591 is authorized under the Fixing Americans Surface Transportation (FAST) Act and has been reallocated from Capital Metropolitan Transportation Authority, the Designated Recipient for the Austin Urbanized Area.
This grant will be used to fund the ADA Paratransit and Fixed Route projects. Both will be provided under a full turnkey contracts. The Transit Coordinator will provide oversight for the program operations and manage the grants and any associated federal requirements.
Total Grant Funds requested is $667,591. The City's matching requirement is $838,186.
Cost: $838,186
Source of Funds: General Fund