Title
Consider/Discuss/Act on a Resolution Accepting Section 5307 Federal Award
Summary
COUNCIL GOAL: Financially Sound Government
(4A: Provide Funding and Organizational Framework to Ensure Continual Economic Improvements)
MEETING DATE: April 10, 2019
DEPARTMENT: Housing and Community Development
CONTACT: Anthony V. Cao, Transit Administrator
RECOMMENDED MUTD BOARD ACTION:
• Approve Resolution
ITEM SUMMARY:
• The Federal Transit Administration (FTA) has awarded the City of McKinney $2,135,681 in FY16 Section 5307 for Operating Assistance, Rolling Stock, Preventative Maintenance, and Mobility Management.
• 1:1 cash match requirement
• The City of McKinney has $459,079 in TxDOT state grant funds, as well as local contributions, to use as match