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HomeMy WebLinkAbout2015-10-26 15-357 RESOLVECOUNCIL ACTION Item No. --LS-.'- Y�T Date: October 26, 2015 Item/Subject: Resolve, Authorizing the City Manager to Accept and Appropriate $321,841 in Federal Transportation Authority Funds, $36,000 in Department of Transportation State Bond Funds and $20,796 in Bus Replacement Reserve Funds to Fund Acquisition and Rehabilitation of Three Buses Responsible Department: Community Connector Commentary: This Resolve will accept and appropriate $321,841 in Federal Transportation Authority Funds, $36,000 in Department of Transportation State Bond Funds and $20,796 in Bus Replacement Reserve Funds for the purposes of rehabilitating three buses. In October the City authorized a contract with Merwin Consulting and Maine Military Authority to acquire and rehabilitate three buses for use in Bangor. After the initial approval and appropriation, it was discovered that the State had less funds to contribute towards the rehabilitation of the buses. As a result, it is necessary to appropriate $20,796 from the Bus Replacement Reserve to ensure adequate funding to complete the rehabilitation. This was reviewed and recommended for approval at the 10-19-15 Finance Committee meeting. Manager's Comments: Associated Information: Resolve Budget Approval: Legal Approval: Introduced for Passage X First Reading Referral Department Head V-V�- 6 L-.), City Manager Finance Director City Solicitor Assigned to Councilor Sprague CI`T'Y OF BANGOR 15-357 OCTOBER 26, 2015 (TITLE.) Resolve , Authorizing the City Manager to Accept and Appropriate $321,8141 in Federal Transportation Authority Funds, $36,000 in Department of Transportation State Bond Funds and $20,796 in Bus Replacement Reserve Funds to Fund the Acquisition And Rehabiltation of Buses Resolved By the City Council of the Ofty of Bangor: that $321,841 in Federal Transportation Authority Funds, $36,000 in Department of Transportation State Bond Funds and $20,796 in Bus Replacement Reserve funds are hereby accepted and appropriatied for the purpose of funding the acquisition of three rehabbed buses. IN CITY COUNCIL OCTOBER 26, 2015 FIRST READING CITY �C�K- IN CITY COUNCIL NOVEMBER 9, 2015 MOTION MADE AND SECONDED FOR PASSAGE PASSED A.)M�� CITY CLElfK