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, FY2023 Brevard County Transit Federal Capital and Operating Assistance Urbanized Area Grant
End
Fiscal Impact:
$8,699,463 - Federal Transit Administration (4136/363438)
$2,385,942 - Florida Department of Transportation Toll Revenue Credit (No exchange of funds)
$800,000 - Transit Services' General Fund Allocation
Dept/Office:
Transit Services
Requested Action:
Recommendation
It is requested that the Board of County Commissioners approve and authorize the following actions for the FY2023 Section 5307/5339 Urbanized Formula Program, Capital and Operating Assistance Grant from the Federal Transit Administration (FTA) in the amount of $8,699,463:
* The Chair to sign the Authorizing Resolution,
* The Chair to sign the Grant Application, SF-424 form,
* 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.
End
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 $8,699,463 for its FY2023-2024 Budget. This funding will come from the following apportionments: $1,091,867 from FY2023 5307 Titusville Urbanized Area, $88,784 from FY2023 5339 Titusville Urbanized Area, $6,9...
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