AN ORDINANCE ESTABLISHING A PROJECT BUDGET FOR A TRANSPORTATION GRANT (2007-09-10/O-5)

 

BE IT ORDAINED by the Council of the Town of Chapel Hill that, pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following grant project is hereby established:

 

SECTION I

 

The Urbanized Area Formula Program (Section 5309) funds are from 2006 and 2007 federal funds from an agreement with the Federal Transit Administration.

 

SECTION II

 

The Manager of the Town of Chapel Hill is hereby directed to proceed with the implementation of the project within the terms of the grant agreements executed with the Federal Transit Administration and the North Carolina Department of Transportation within the funds appropriated herein.

 

SECTION III

 

The following revenue is anticipated to be available to the Town to complete activities as outlined in the project application.

 

Urbanized Area Formula Program (Section 5309)

 

Federal Transit Administration (FTA)

$586,496

N.C. Department of Transportation (NCDOT)

73,312

Town of Chapel Hill (local match)

    73,312

Total

$733,120

 

SECTION IV

 

The following amounts are appropriated for the Section 5309project:

 

Miscellaneous Contracted Services

$733,120

Total

$733,120

 

This the 10th of September, 2007.