HomeMy WebLinkAbout2010-10-25 10-357 RESOLVECOUNCIL ACTION
Item No.*°, �s
12
Date: October 25, 2010
Item/Subject: RESOLVE, Appropriating the Local Share for the Purchase of a
Transit Bus
Responsible Department: BAT
Commentary:
Earlier in the year, the BAT Community Connector was awarded four new transit buses through the
American Reinvestment and Recovery Act (ARRA), which required no local match. These buses are
desperately needed to replace units which are aging, have high mileage, and are very expensive to
operate.
During the week of October 11, 2010 the City was notified of an opportunity to procure an additional
bus, but it would require a local match. The local match is normally 20% of the total cost (average
cost of a Bus is $350,000 - $400,000). Due to available ARRA funds it is anticipated that the local
match for an additional bus will be approximately $64,623 or 17%. The final local match may vary
slightly from the current quote but in no case should it exceed the normal 20% requirement.
Due to the tight deadline to reply, the Council was polled to determine if there was interest in
pursuing the acquisition of the additional bus. As the majority of Councilors indicated a desire to
proceed with the acquisition of an additional Bus, the City notified Maine DOT of its interest in a fifth
bus. The attached resolve will appropriate the necessary local share from the City's Bus Equipment
Reserve to acquire a fifth bus and any unused funds will be return to the reserve account.
Department Head
Manager's Comments:
A - . A
Interim City Manager
Associated Information: Resolve
Budget Approval:
Current Balance of the Bus Reserve is $105,204
finance Director
Legal Approval:
City Solicitor
Introduced for
Passage
X First Reading Page _ of _
X Referral —Finance Committee of 11/1/2010
In ° 57
Assigned to Councilor - Weston October 25, 2010
CITY OF BANGOR
(TITLE.) Resolve, Appropriating the Local Share for the Purchase of a Transit Bus
By the City Council of the City of Bangor:
RE50L VED,
THAT an amount not to exceed $76,027, which equates to 20% of the total cost is
hereby appropriated from the City's Bus Equipment Reserve (100-35722100) as
the maximum local share to purchase a Transit Bus for the BAT Community
Connector.
IN CITY COUNCIL
October 25, 2010
First Reading & Referral to
Finance Committee of 11/1/10
CITY LL
IN CITY COUNCIL
November 8, 2010
P sed
CITY CL RK
MTLBy)A22rouriating the Local
Share for the Purchase of a Transit Bus
Assigned -to Councllor '✓