Subject:
Title
Approval, Re: Authorizing Resolution, Grant Application, Use of Toll Revenue Credits, Execution of Follow-up Grant Agreement, Re: Fiscal Year 2023 Space Coast Area Transit Low-No Emission Competitive Grant Program (Section 5339c) from Federal Transit Administration
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Fiscal Impact:
$5,940,820 - Federal Transit Administration Capital Funds (4136)
$1,273,032 - 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 and authorize the following:
* the Chair to sign the Authorizing Resolution,
* the Chair to sign the Grant Application form SF424,
* the use of the 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 Agreement electronically, contingent upon County Attorney and Risk Management approval,
* 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:
The Federal Transit Administration (FTA) with funds from the Bipartisan Infrastructure Law (BIL) has announced the availability of approximately $1.22 billion in competitive grants under the Low or No Emission Vehicle Program -5339(c) (Low-No Program) for the purchase or lease of zero-emission and low-emission transit buses, including acquisition, construction, and leasing of required supporting facilities. The Federal Government has committed to reaching a net-zero emissions economy by 2050. Space Coast Area Transit can help achieve this goal by transitioning to low and no emission buses when feasible. In an effort to meet the required deadline Staff has applied for the following pr...
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