HomeMy WebLinkAbout2016-05-23 16-220 RESOLVECOUNCIL ACTION
Item No. 16-220
Date: May 23, 2016
Item/Subject: Resolve, Authorizing the City Manager to Accept and Appropriate $414,669 in
Federal Transportation Authority Funds, $168,033 in Department of Transportation State
Bond Funds and Net Sales Proceeds to Fund Acquisition of Two Buses
Responsible Department: Community Connector
Commentary: This Resolve will accept and appropriate $414,669 in Federal Transportation
Authority Funds ($235,769 in 5339 Grant Funds and $178,900 in 5307 Grant Funds) and
$164,033 in Department of Transportation State Bond Funds as well as $4,000 in net proceeds
from the sale of five used buses.
As part of the FY 2016 budget process, the Council authorized the issuance of $250,000 in
general obligation bonds as a local share to purchase two new 30' buses for Bangor routes.
This resolve will appropriate the federal and state grant funds to complete the purchase. This
item will be reviewed by the Finance Committee on June 6, 2016.
Department Head
Manager's Comments:
City Manager
Associated Information: Resolve
Budget Approval:
Finance Director
Legal Approval:
Ci Solicitor
Introduced for
Passage
X First Reading
X Referral — Finance Committee June 6, 2016
Assigned to Councilor Nichols
CITY OF BANGOR
16-220
MAY 23, 2016
(TITLE.) Resolve , Authorizing the City Manager to Accept and Appropriate
$414,669 in Federal Transportation Authority Funds, $168,033 in Department of
Transportation State Bond Funds and Net Sales Proceeds to Fund Acquisition of Two
Buses
Resolved By tfie City Cow& of the City of Bangor:
that $414,669 in Federal Transportation Authority Funds, $164,033 in Department of
Transportation State Bond Funds and $4,000 in State Net Sales Proceeds are hereby accepted
and appropriatied for the purpose of funding the acquisition of two new 30' buses.
IN CITY COUNCIL
MAY 23, 2016
FIRST READING AND REFERRAL TO FINANCE COMMITTEE ON JUNE 6, 2016
CITY CLE
IN CITY COUNCIL
JUNE 13, 2016
MOTION MADE AND SECONDED FOR PASSAGE
PASSED
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CITY CLERK