Title
Resolution for a Joint Participation Agreement - Increase in State Block Grant Funds for RTS Operating Assistance for FY 2010-2011 (B)
This item is a request to adopt a Resolution authorizing the City Manager to execute a Joint Participation Agreement between the City of Gainesville and Florida Department of Transportation (FDOT) to increase the allocation from the State Block Grant Funds for Gainesville for FY 2010-2011 from $1,420,646 to $1,453,384.
Explanation
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 FY 2010-2011, the allocation for Gainesville was $1,420,646; however, more funds are available increasing the allocation to $1,453,384.
FDOT requires the governing board of each public transit system to adopt a Resolution authorizing the acceptance of these funds.
Fiscal Note
The Operating Assistance Joint Participation Agreement requires the City of Gainesville to match the funding. Funds in the amount of $32,738 for the increased match are available in the FY 2010-2011 RTS operating budget.
Recommendation
The City Commission adopt the Resolution.