NORTH CAROLINA
EXECUTIVE SUMMARY
Meeting Date: 6/22/2009
AGENDA #5c
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TOWN OF CHAPEL HILL NORTH CAROLINA EXECUTIVE SUMMARY |
Meeting Date: 6/22/2009 |
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| Title of Agenda Item: Authorization to Apply for Federal and State Grants for Public Transportation. (R-3) | |||
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| Background: The Town of Chapel Hill applies for federal and State grants to offset operating costs each year. The Town of Chapel Hill and the City of Durham annually re-negotiate the allocation formula used to distribute the federal funds received by the urban area based on passenger miles, ridership and population. The current formula uses the demographic statistics for each city to calculate the appropriation for this operating funding. | |||
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| Fiscal Note: Federal funds will provide 80% ($511,009) in planning funds and 80% ($1,854,332) for capital projects. The Town will request that the State provide 10% ($295,667) and the local matching share of 10% ($295,667) is available in the Transit Capital Reserve Fund. | |||
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| Recommendations: The Council will consider a resolution to adopt the annual authorization for the Manager or his designee to apply for and execute contracts for public transportation grants. | |||
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| ATTACHMENTS: Viewing attachments may require Adobe Acrobat. |
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| Staff Memorandum | |||
| Resolution | |||