Ord 01-2015 1/6/2015
ORDINANCE NO. _01-2015_
Ordinance appropriating $1,452,589 in federal funds and $338,171 in
state funds for the FY 2014 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 Transportati on for FY 2014 funding in
the amount of $1,790,760; and
WHEREAS, the FY 2014 budget for the Wichita Falls Tr ansit System includes
$1,790,760, 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
2014 fiscal year is anticipated to be $652,501.
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 2014 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 6th day of January, 2015.
______________________________
M A Y O R
ATTEST:
____________________
City Clerk