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. -
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CISY GL8
CO®fitment for finc4
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CITY OF -4,'JCOR
CITY CLER:'c OFFICE
.,`77
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