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HomeMy WebLinkAboutCORRESPONDENCE - PURCHASE ORDER - 9152108SS �/ SD l08 • Transfort l Dial -A -Ride i_ Y Q� Fort Collins 6570 Portner Road Fort Transflrt-97O 21.6624194 Transfort - 970.221.6620 Dial -A -Ride - 970.224,6066 Fax - 970.221.6285 fcgov.corrm/lransfort August 13, 2014 � 7y "SILL- Mr. Michael J. Hart A t c : nocoaos t . snoko t 2qv ab li4 Town Adnunistrator 2b�1 O 0 Town of Berthoud 328 Massachusetts Avenue Berthoud, CO 80513 �r v RE: FEY 2014 SECTION'S 5307 & 5339 FUNDING EXCHANGE Dear Mr. Hart: The City of Port Collins, as designated recipient of FEY 2014 ETA Section 5307 and ETA Section 5339 formula funding, proposes the following exchange considerations for both FFY2014 ETA Section 5307 and FFY2014 ETA Section 5339 grants; • That the Town of Berthoud will cede all rights as sub -recipient to FFY2014 FTA Section 5307 funding in the amount of $36,194 in exchange for local funds from the City of Fort Collins in the amount of $22,440. • That the Town of Berthoud will cede all rights as sub -recipient to FFY2014 FTA Section 5339 funding in the amount of $4,563 in exchange for local funds from the City of Fort Collins in the amount of $2,929. • The City of Fort Collins, as designated recipient for both sources of funding, will designate the Town of Berthoud's former allocations of FTA Section 5307 and FTA Section 5339 funding for alternate transit -related projects within the TMA. • For every year that an exchange of funds is in effect, the Town of Berthoud will no longer be considered a sub -recipient of the TMA's FTA Section 5307 and FTA Section 5339 annual grants. The City of Fort Collins, as designated recipient for both FTA Section 5307 and FTA Section 5339 formula funds, is pleased to enter into an exchange of funds with the Town of Berthoud and sees the following benefits for the Town of Berthoud as a result of the proposed exchange; • The elimination of grant management responsibilities • The elimnation of federal procurement guidelines for transit -related expenditures • Ensuring for more resources to be directed towards the FLEX regional fixed route PDF processed with CutePDF evaluation edition www.CutePDF.com �r ort 1 -Ride FCit 7 ort Collins 6570 6570 Fortner Road r Roa Fort Collins. CO 80525-4194 Transfort - 970.221.6620 Dial -A -Ride - 970,224.6066 Fax - 970.221.6285 Icgov.com.4ransfon Request for Concurrence If the Town of Berthoud is agreeable to the above stated proposal, the City of Fort Collins requests the written concurrence from the Town of Berthoud by either signing and dating the signature block at the end of this letter, or by separate letter from the Town of Berthoud to the City of Fort Collins. Please feel free to contact me with any questions or concerns, Sincerely, % Kutt Ravenschlag, Trans General Manager cc: Darin A. Attcberrv, City Manager, City of Fort Collins Terri Blackmore, Executive Director, North Front Rangc MPO William D. Cahill, City Manager, City of Loveland Concurrence By: Title: i v\.i r'1 !) j�Mt✓y t S 7(ZFi 7Ti Date: A / 12 Title: i v\.i r'1 !) j�Mt✓y t S 7(ZFi 7Ti Date: A / 12