Loading...
Ord 10-2022 FY 2021 Section 5307 Transit Grant $1,785,397 03/15/2022 Ordinance No. 10-2022 Ordinance appropriating $1,785,397 in Federal Funds and $437,695 in State Funds for the FY 2021 Section 5307 Transit System 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 2021 funding in the amount of$2,223,092; and WHEREAS, the FY 2022 budget for the Wichita Falls Transit System includes $2,223,092, of federal and state funding for operations and capital improvement projects of the Wichita Falls Transit System; and WHEREAS, it is desirable to budget these grant funds for the operation and capital improvements 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 2021 fiscal year is anticipated to be $738,271. 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 2021 Federal Transit Administration and Texas Department of Transportation funding, with changes thereto in a form approved by the City Attorney. PASSED AND APPROVED this the 15th day of March 2022. MAYOR ATTEST: au, 1,1V-Z•71-17kV- City Clerk