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HomeMy WebLinkAbout1990-06-25 90-238 ORDERCouncil Aston Dnp Tune 18, 1990 iBm,N, 90-238 Authorizing Grant Application .with M.D.O.T. nem/Sub]W: (Operating) flwponibls Dspsnmwre: planning Division Camm�pry: This Order would authorize the City Manager to enter into a grant agreement with the Maine.Department of Transportation and the Urban Mass Transportation Administration to. offset a portion of The Bus' operating deficit The City is requesting.6161,485. federal and $32.267?tate funding. The total budget for The Bus is set at $565,880. Less the equipment reserve the budget. is $554,970 and farebox revenue is projected at $232,000 leaving a total deficit of $322,970. Federal funding will pay for 50 percent of the operating deficit or $161,485 and state funding will cover another 10 percent or $32,297, thus leaving a total local match of $140,094 and the city share of this Is $80,112. Munepp'e Commenn: nn a_ _N �� � IA &lo aQ+ Pyr �nW� oiK✓: ,. 7h�4.4,,U�1un AvocutW Informnpn: - eudgst Apprmd: v- 4 nse oa..n,. laVtApptapl: • . Co�ySalid(w nuodupd Fat Coay.S� ❑Fiat Anding ❑ flelaW Page — a1 _ 98-238 Amigned to Councils Blanchette, June 25, 1990 ;, t CITY OF BANGOR (TITLE.) Mrbtrt _Authorizing, Grant Appli cation with M.D.O.T. BY the City Couxeit of City of D* 0.' ORDERED, TMT the City Manager is hereby authorized to enter into a grant agreement with the Maine State Department of Transportation for the receipt of Federal and State bus operating subsidies for the fiscal year ending Qtnie 30, 1991. IN CITY COUNCIL Jun , 1990 P IT- CLERK Title, 90-238 ORDER Authorizing Gran[ Application' ...... with M.D.O.T. � .. � .......... councilman