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BOOK�,. F'A,E 6w" <br />The County's proposed FY 1999/00 Section 5307 grant application is provided in Attachment 1. <br />As required by Federal Transit Administration (FTA) regulations, the attached grant application was <br />prepared using its Transportation Electronic Award and Management (TEAM) software. FTA now <br />requires grantees to utilize its TEAM software in the development, submittal, modification, and <br />management of Section 5307 grants. The attached grant application contains all information <br />required by FTA. <br />As indicated in the grant application and the attached budget forms (Attachment 2), the total <br />proposed grant amount is $1,060,997. This amount includes $152,725 in capital expenditures and <br />$908,272 in operating expenditures. The nonfederal share ofcapiW expenditures ($38,181) will be <br />met through the use of toll revenue credits as soft match and is not included in the project total. The <br />nonfederal share of operating expenditures (50%) will be provided in equal amounts of 5227.068 <br />by a Florida Public Transit Block Grant (PTBG) which is discussed in a separate staff report and by <br />Indian River County with previously approved general fund monies budgeted specifically for this <br />purpose. <br />According to Section 5307 grant application requirements, a designated recipient must hold a public <br />hearing to obtain the views of citizens on a proposed grant application. In keeping with that <br />requirement, staff has published a notice of this meeting and has scheduled this item as a public <br />hearing. <br />The MPO has included the proposed Section 5307 grant in its FY 1999/00-2003/04 Transportation <br />Improvement Program (TIP), a necessary prerequisite for submittal of a Section 5307 application. <br />It is also important to note that the proposed grant application is consistent with the MPO's recently <br />adopted five year Transit Development Plan and 2020 Long Range Transportation Plan. <br />To apply for Section 5307 funds, the Board of County Commissioners must adopt the attached <br />resolution (Attachment 2) authorizing staff to submit the attached grant application. The resolution <br />has been reviewed and approved by the County Attorney's Office. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners adopt the attached resolution authorizing <br />the filing of the attached FY 1999/00 Section 5307 grant application. <br />The Chairman opened the public hearing and asked if anyone wished to be heard <br />regarding this matter. There being none, the Chairman closed the public hearing. <br />ON MOTION by Commissioner Ginn, SECONDED <br />by Commissioner Tippin, the Board, by a 4-0 vote <br />(Commissioner Adams absent) unanimously adopted <br />Resolution 99-137 authorizing the filing of an FY <br />1999/00 Grant Application for 49 USC Ch. 53, <br />Section 5307, Mass Transit Capital and Operating <br />Assistance. <br />DECEMBER 14, 1999 <br />-46- <br />