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Ord 63-2018 Transit Grant FY 2018 12/18/2018 Ordinance No. 63-2018 Ordinance appropriating $1,542,861 in Federal Funds and $423,561 in State Funds for the FY 2018 Section 5307 Transit System and $226,324 in State Section 5339 Funds and Authorizing the City Manager to execute all necessary funding agreements related hereto WHEREAS, the City of Wichita Falls received notification from the Federal Transit Administration and Texas Department of Transportation for FY 2018 funding in the amount of $2,192,746; and, WHEREAS, the FY 2019 budget for the Wichita Falls Transit System includes $2,192,746, of federal and state funding for operations of the Wichita Falls Transit System; and, WHEREAS, it is desirable to budget these grant funds for the operation of the Wichita Falls Transit System; and, WHEREAS, the resulting General Fund, Fare Box Revenue and other support for the local subsidy required for operating the Wichita Falls Transit System for the 2019 fiscal year is anticipated to be $514,995. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is authorized to accept FY 2018 Federal Transit Administration and Texas Department of Transportation funding, with changes thereto in a form approved by the City Attorney. th PASSED AND APPROVED this the 18 day of December, 2018. ______________________________ M A Y O R ATTEST: ____________________ City Clerk