2024-RT-25
Authorizing the City Manager to submit a grant application in the amount of $8,680,778.44 to the Federal Transit Administration (FTA) for Fiscal Year 2024 Section 5307 Urbanized Area Formula authorized under the Bipartisan Infrastructure Law. The FTA grant share is $4,789,395.00 with a total local match of $3,891,383.44, broken down as follows: $3,592,046.25 for operating expense (50/50) and $299,337.19 for capital preventative maintenance (80/20). The grant funding will be used for El Metro’s operating and capital preventative maintenance assistance. Funding will be available in El Metro Operations Fund.
- Committee
- City Council
- Introduced
- June 28, 2024
- On agenda
- July 22, 2024
Where it was heard
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