Title
Resolution for a Joint Participation Agreement - State Block Grant Funds for Regional Transit System (RTS) Capital and Operating Assistance for FY 2013-2014 (B)
This item is a request to adopt a Resolution authorizing the City Manager to execute a Joint Participation Agreement (JPA) between the City of Gainesville and the Florida Department of Transportation (FDOT) to accept the allocation for Gainesville of $1,747,550 from FY 2013-2014 State Block Grant Funds.
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 2013-2014, the allocation for Gainesville is $1,747,550.
FDOT requires the governing board of each public transit system to adopt a resolution authorizing the acceptance of these funds.
Fiscal Note
The Joint Participation Agreement requires the City of Gainesville to match the funding. Funds in the amount of $1,747,550 for this match are available in the FY 2013-2014 RTS operating budget.
Recommendation
The City Commission adopt the Resolution.