Title
FDOT Block Grant Funds for Operating Assistance for Regional Transit System for FY 2000-2001 (B)
Explanation
The Florida Department of Transportation (FDOT) allocates state block grant funds for public transit systems each year. The allocations are based on a three-part formula that includes population, ridership, and vehicle miles operated. For fiscal year 2000-2001, Gainesville's allocation is $711,591 an increase of $103,187 from last year's allocation.
FDOT requires the governing board of each public transit system authorizing the acceptance of these funds adopt a resolution.
Fiscal Note
The Operating Assistance Joint Participation Agreement requires 50% match. Funds are available in the RTS operating budget.
Recommendation
The City Commission: 1) approve the resolution authorizing execution of joint participation agreement with FDOT; and 2) authorize the Mayor and Clerk of the Commission to execute the Resolution, subject to approval by the City Attorney as to form and legality.