Loading...
HomeMy WebLinkAbout1977-06-13 260 AE RESOLVE260 AE Introduced by Councilor Prountas, Tune 13, 1977 CITY OF BANGOR (TIRE.) FeWIV9 c, tenant f Increase in Local share a Transit Capital Grant Application By aw sty Cannell of city of W: REWLV&D. sHERE.h9, the City of Barger has submitted an application to the Urban Mase Transportation Administration for Transit Capital Grant funds; and wEDREh4, the contract for financial assistance All impose certain obligations upon the Applicant, including the provision by it of the local share of'Prodect costs; and WHEREAS, the estimated costs for pauCbase of 30-35 passenger transit buses, such as those requested in the Transit grant application, have increased suletentially since the application was submitted; and WHEREAS, it is neary essto indicate that funds All be made avail ble, for the local share of the increased coat for the 30-35 passenger buses; HOW Tlff.RImnO EE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAIMOR: THAT, An additional Eight Thousand Dollars ($8,Oo0.00) will be appropriated from the Bus Equipment Reserve Fends. Provided, however, that the aforementioned appropriation shall not be effective unless o until funds are approved and made available from the Secretary of Transportation through the Urban Maes Transportation Administration. STATEMENT OF FACT: The estimated cost of a new 30-35 passenger transit bus has in aced from $55,000 to $65,000. Therefore, the total necessary increase is fends for the 4 bases requested is $40,Ooo,wlth the Urban Mass Transportation Administration providing 80% ($32,000) of this increased cost and the City of Bangor providing the r®e.ining 20%. This additional camcnitment All increase the total appropriation fruE the Bus Equipment Reserve Funds to $66,OW. 260 M IN CITY CMCIL ]me 13, 1977 Passed. - ' NESOL VE .�JO,,..../. CISY GL8 CO®fitment for finc4 in [el Share of T[an a ay pliaetf RFC E '. [C CITY OF -4,'JCOR CITY CLER:'c OFFICE .,`77 J6�1 9 Ph 12 01