Title
MOTION TO APPROVE THE NOTICE OF GRANT AWARD FFY2020/YR45 FROM FLORIDA DEPARTMENT OF TRANSPORTATION IN THE TOTAL AMOUNT OF $224,502.00.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. On February 5, 2020 with Resolution 2020-R-03 the application to Florida Department of Transportation for FFY2020/YR45 was submitted. The purpose of this application was to request funds for the purchase of two (2) buses with cameras, GPS Tracker System and mobile radios.
2. The application was a approved by Florida Department of Transportation the Notice of Grant Award for FFY2020/YR45 has been received for a total amount of $224,502.00 to purchase two Ford E550 buses with 20 standard and 2 (two) foldaway seats and equipped with cameras, also equipment that includes GPS tracker system, and mobile radio for each vehicle.
3. Total funds are distributed as follows:
$179,602.00 Federal Funds 80%
$ 22,450.00 State Share 10%
$ 22,450.00 Local Share 10% (CITY)
$224,502.00 TOTAL AWARD AMOUNT
3. The City's 10% contribution will be generated from a General Fund Transfer.
4. Requesting Commission approval to execute the Notice of Grant Award.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: $22,450.00 Transfer from General Fund.
b) Amount budgeted for this item in Account No: A budget will be recorded in Fund 128 Community Bus Program (128-544-8001-5310) when award letter is executed.
c) Source of funding for difference, if not fully budgeted: Not Applicable.
d) 5 year projection of the operational cost of the project: Not Applicable.
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e) Detail of additional staff requirements: Not Applicable.