AN ORDINANCE ESTABLISHING A PROJECT BUDGET FOR A TRANSPORTATION GRANT (2005-06-27/O-2)

 

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 projects are hereby established:

 

SECTION I

 

The Urban Area Formula Program (Section 5307) funds are from 2005 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 5307)

 

Federal Transit Administration

$130,780

N.C. Department of Transportation (NCDOT)

11,003

Town of Chapel Hill

21,692

Total

$163,475

 

SECTION IV

 

The following amounts are appropriated for the FY2005 Section 5307 project:

 

Salaries - Full Time

$90,000

Fringe Benefits

13,145

FICA

6,885

M & R Vehicles

21,283

Building and Equipment Rents

32,162

Total

$163,475

 

This the 27th day of June, 2005.