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Exhibit A <br /> PU.BLI C HEARING <br /> INDIAN RIVER COUNIY, FLORIDA r,r. <br /> ML•' I<l01< ANDUM <br /> TO: Joseph A. Baird: County Administrator <br /> f)SPAR I'MI.N 1'I IE.A1) CONCURRENCE: <br /> Stan Boling, AICD: 'omnnunity Development Director <br /> TIEROUGII: Phil Matson, ART; MP() Staff Directoer\—\ <br /> FROM: Brian Freeman, AIC P: Senior Transportation Planner r3 <br /> DATE: March 7, 2014 <br /> SUBJECT: Request for Authorization to Submit an FY 2014 Grant Application for 49 USC <br /> Ch. 53,Section 5307 Mass Transit Capital and Operating Assistance <br /> It is requested that the information herein presented he given formal consideration by the Board of <br /> County Commissioners at its regular meeting of March 18, 2014. <br /> DESCRIPTION CONDITIONS <br /> For the past several years. Indian River County has applied for and received grant funds under 49 <br /> USC ('h. 33, Section 5307. Those funds have been passed through to the Senior Resource <br /> Association (SRA), Indian River County's designated transit service provider. SRA operates the <br /> liol.ine (fixed route) and the Community Coach (demand response) transit services. <br /> According to federal regulations, Section 5307 program grants may be used for the planning, <br /> acquisition,construction,improvement,and operating costs of facilities,equipment,and associated <br /> capital maintenance items used in mass transportation service. While operating expenses require a <br /> 50%nonfederal match.capital expenses require only a 20%o nonfederal soft match(which effectively <br /> provides for 100°o federal funding of capital expenses). <br /> In Indian River County,state toll revenue credits are utilized as a soli match to provide the required <br /> nonfederal share for the capital expenses portion of the Section 5307 grant.The use of a soft match <br /> eliminates the need for the County to provide a cash outlay for capital expenses. According to <br /> applicable regulations.toll revenue credits may be used as soft match only for the capital portion of a <br /> Section 5307 grant. For operating expenses, however, the nonfederal share is provided through a <br /> combination of local funds and Florida Department of Transportation(FDOT)public transportation <br /> .rant funds <br /> r,Cummunnt Developrnrli.e;%tr olv1P0', ransn\Grants`.5 407).014 V-rcc staff repurt due <br /> X S 3 2/LI- <br /> Page 35 <br />