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HomeMy WebLinkAbout1986-083-05/20/1986-BUS SHELTERS CARE A VAN TRANSFORT UMTA SECTION 9 GRANT RESOLUTION 86- 83 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE FILING AND EXECUTION OF AN UMTA SECTION 9 OPERATING ASSISTANCE AND CAPITAL GRANT FOR TRANSFORT WHEREAS, as provided in the Urban Mass Transportation Act (UMTA) of 1964, as amended, grant monies are available to Transfort and Care-A-Van for operating assistance and capital purchases; and WHEREAS, projections for 1986 show an operating deficit for Transfort and Care-A-Van in the amount of Seven Hundred Fifty-Five Thousand One Hundred Ninety-One Dollars ($755, 191 . ) ; and WHEREAS, Section 9 monies are available to reimburse fifty percent (50%) of this deficit to Transfort and Care-A-Van; and WHEREAS, Transfort is in need of two additional bus passenger shelters to be installed at high ridership locations and Section 9 monies are available to pay eighty percent (80%) of the cost of these two shelters; and WHEREAS, local matching funds for the bus passenger shelters will be appropriated from capital outlay in the 1986 budget for Transfort. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be, and he hereby is, authorized to execute an UMTA Section 9 operating assistance and capital grant for Transfort and Care-A-Van in the amount of Three Hundred Eighty-Three Thousand Nine Hundred Fifteen Dollars ($383,915. ) to be used as follows: City Care-A-Van Total Operating Assistance: $319,232. $58,364. _ $377,595. Bus Shelters: 6,320. -- = 6,320. $383,915. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 20th day of May, A.D. 1986. Mayo ATTEST: /I ���� City C 1