TO: Mayor and Members of City Council
THRU: Kelly Olivera, Assistant City Manager
FROM: Tyffany Neal, Transit Director
Kimberly Leonard, Budget and Evaluation Director
DATE: May 22, 2023
RE:
Title
Adoption of Capital Project Ordinance Amendment 2023-25 to Increase the Local Match for Transit Capital Grant NC-2020-033-00
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal 4: Desirable Place to Live, Work and Recreate
Objective 4.1: To maintain public transportation investments with high quality transit and airport services
Executive Summary:
Council is asked to adopt Capital Project Ordinance Amendment (CPOA) 2023-25 to appropriate $35,000 of local funds provided by the Transit Operating Fund to the Federal Transit Administration (FTA) Grant NC-2020-033-00 for the purchase of three FASTTRAC! paratransit vehicles.
Background:
During fiscal years 2021 and 2022, the City applied for and received grants from the FTA and North Carolina Department of Transportation, which were previously appropriated by Council. One of the approved uses of the grant funds is the purchase of three replacement FASTTRAC! Paratransit vehicles. The cost of these vehicles has increased significantly since the application for funding was made, and as a result, additional local funds are needed to complete the purchase. Based on current quotes from vendors, an additional $35,000 is needed.
Issues/Analysis:
None
Budget Impact:
There is no impact to the General Fund, as the increased local match funds will be provided by the Transit Operating Fund.
Options:
1. Adopt CPOA 2023-25 as presented.
2. Do not adopt CPOA 2023-25 and provide direction to staff.
Recommended Action:
Staff recommends that Council move to adopt Capital Project Ordinance Amendment 2023-25 as presented.
Attachments:
Capital Project Ordinance Amendment 2023-25