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$00X. a match is still required, the use of a soft -match eliminates the need for the county or state to provide a cash share for capital expenses. State and county funds allocated for transit expenses are, however, still used to match operations expenses. The availability of soft -match funds stems from a provision of the Intermodal Surface Transportation Efficiency Act (ISTEA) of 1991 allowing the use of toll revenue credits for federally -required matching funds, and may be used only for the capital portion of the Section 5307 grant. Staff from the Florida Department of Transportation (FDOT) have informed county planning staff that soft -match funds will likely not be available after FY 1996/97. A funding breakdown is provided in Attachment 1. Listed on Attachment 1 are the amounts of federal cash grant funds, state/local matching cash funds, and state/local matching soft - match funds for capital, operations, and training (training is a component of operations but is listed separately per federal regulations). Attachment 1 also lists the capital items which the Council on Aging intends to purchase with the grant funds. While only public agencies may be designated recipients and apply for Section 5307 funds, a non-public provider may receive Section 5307 funds through a designated recipient which applies for funds on behalf of the non-public provider. Consistent with this allowance, the Indian River County Council on Aging has prepared a Section 5307 Grant application and is now requesting that the Board of County Commissioners apply for Section 5307 funds as a designated recipient on behalf of the Council on Aging. The Council on Aging is requesting $754,133 in federal Section 5307 grant funds, and proposes to match that with $311,243 in cash funds from a $112,655 State Transit Development Block Grant and with $198,588 in funds to be provided to the Council on Aging by both Indian River County and the City of Vero Beach. A copy of the complete Section 5307 grant application is on file at the County Planning Division Office. As proposed, the Council on Aging will use the entire $1,065,376 (grant and match) to fund its Community Coach and para -transit service. ANALYSIS According to Section 5307 grant application requirements, a designated recipient must hold a public hearing to obtain the views of citizens on a proposed grant application. In keeping with that requirement, staff has published a notice of this meeting and has scheduled this item as a public hearing. The MPO has included the proposed Section 5307 grant in its FY 1996/97 through 2000/01 Transportation Improvement Program (TIP), a necessary prerequisite for submittal of a Section 5307 application. As proposed, this grant will allow the Council on Aging to leverage county and state funds to provide more transportation services to the county's residents. By so doing, the Council will be meeting an identified need within the County. To apply for Section 5307 funds, the Board of County Commissioners must adopt the attached resolution (Attachment 2) and authorize the chairman to execute necessary self -certification and standard assurances. In addition, the county and the Council on Aging must enter into an agreement providing a means by which the county will transfer grant funds to the Council on Aging. Attachment 3 of this staff report is a Memorandum of Agreement between the county and the Council on Aging which provides for the transfer of these 26 August 27, 1996