Subject:
Title
Approval, Re: Authorizing Resolution, Grant Application, Use of Toll Revenue Credits, Execution of Follow-Up Master Grant Agreement with the Federal Transit Administration, FY2024 Brevard County Transit Federal Capital
End
Fiscal Impact:
$3,198,503 - Federal Transit Administration (4136/363439)
$799,626 - Florida Department of Transportation Toll Revenue Credit (No exchange of funds)
Dept/Office:
Transit Services
Requested Action:
Recommendation
It is requested that the Board of County Commissioners approve the following actions for the FY2023 Section 5307/5339 Urbanized Formula Programs: Capital and Operating Assistance and the Bus and Bus Facilities: Titusville, Palm Bay/Melbourne FL Grants from the Federal Transit Administration (FTA) in the amount of $3,198,503:
* The Chair to sign the Authorizing Resolution,
* The Chair to sign the Grant Application,
* The use of Florida Department of Transportation Toll Revenue Credits,
* The Chair to sign the Designation of Signature Authority, allowing staff to submit the grant electronically,
* The Transit Director to execute and submit the Grant Master Agreement electronically, contingent upon the County Attorney and Risk Management Approvals,
* The Transit Director to execute any additional follow-up documentation, resolutions and amendments necessary to secure these funds,
* Authorize the County Manager to execute any necessary Budget Change Requests.
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Summary Explanation and Background:
Each year Brevard County is apportioned Federal Transit Administration Capital and Operating Assistance under the Urbanized Area Formula Program as identified in 49 U.S.C. 5307 and 49 U.S.C. 5339. Space Coast Area Transit is applying for a total of $3,198,503 for its FY2024 Budget. This funding will come from the following apportionments from the Titusville Urbanized Area: $664,591 from FY2015 (Lapsing), $178,420 from FY2016 (Lapsing), $76,401 from FY2017 (Lapsing), $99,454 from FY 2020 (Lapsing), and $91,990...
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