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Exhibit A <br /> PUBLIC HEARING <br /> INDIAN RIVER COUNTY, FLORIDA t Jul ,t`' <br /> MEMORANDUM <br /> TO: Joseph A. Baird; County Administrator <br /> I)FPARIM ENT HEAD CONCURRENCE: <br /> Stan Holing, P; Community Development Director <br /> THROUGH: Phil Matson, A1CP; MPO Staff DirectorpL <br /> FROM: Brian Freeman, AICP; Senior Transportation Planner GC- <br /> DATE: April 24, 2015 <br /> SUBJECT: Request for Authorization to Submit an FY 2015 Grant Application for49 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 May 5, 2015. <br /> DESCRIPTION & CONDITIONS <br /> For the past several years. Indian River County has applied for and received grant funds under 49 <br /> I;SC Ch. 53, 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 /> (col 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%nonfederal soft match(which effectively <br /> pros ides liar 100°/0 federal funding of capital expenses). <br /> In Indian River County,state toll revenue credits arc utilized as a soft match to provide the required <br /> nonfederal share for the capital expenses portion of the Section 5107 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 ofa <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 /> grant funds. <br /> F\Conm,um y Develcpmennl lsersAll'O\Trans:PPGrants'53U7'.'U15`,lcc stall repos doe\ <br /> Page 40 <br />