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approved general fund monies budgeted specifically for this purpose . To receive the PTBG funds , the County must enter into a Joint Participation Agreement with FDOT, a copy of which is attached to this staff report ( Attachment 1 ) . Applying for Section 5307 funds includes several steps . For FY 2000/01 , the first step is to apply for Florida PTBG funds . Subsequent steps include applying for federal capital and -operating assistance and applying for Florida toll revenue credits for use as a soft match to receive federal capital assistance. In requesting authorization to apply for PTBG funds , staff is also -requesting authorization to apply for federal and other state funds comprising the Section 5307 program . Staff - will obtain separate Board authorization for each application to be submitted as part of the Section 5307 program . In fact, the County ' s proposed FY 2000/01 Section 5307 grant application is discussed in a separate staff report . The County will pass the Section 5307 and the PTBG funds through to the Indian River County Council on Aging , Inc . ( COA ) for continuation and expansion of public transportation services . The COA will use the Section 5307 and PTBG monies to fund its Indian River Transit/Community Coach fixed route and dial -a- ride transit services . A significant component of the matching funds for the operating assistance portion of the Section 5307 grant comes from the state PTBG . Enacted by the Florida Legislature to provide a state- based source of funding for public transit, state PTBG funds are awarded to those public transit providers eligible to receive funding from the Federal Transit Administration's Section 5307 and Section 18 programs and to Community Transportation Coordinators . According to state regulations, the PTBG funds may be used for both eligible capital and operating costs of public transit providers . Because the local match requirement for the capital portion of the County ' s FY 2000/01 Section 5307 grant may be met by soft-match rather than cash-match funds ( which effectively provides for 100% federal funding of capital expenses ) , the entire FY 2000/01 PTBG is proposed as a partial match for Section 5307 operating funds . PTBG funds may not exceed 50% of the nonfederal share of total eligible operating expenses of transit service provision . Activities funded with PTBG funds are to be consistent with applicable approved local government comprehensive and transit plans . ANALYSIS As with the FTA Section 5307 grant program, only public agencies may be designated recipients of PTBG funds , although a nonprofit provider may receive such funds through a designated recipient . Under these restrictions, the COA has requested that the Board of County Commissioners apply for state PTBG funds on its behalf. The attached Joint Participation Agreement (JPA) is an agreement between FDOT and Indian River County specifying the requirements which the County must meet in order to receive PTBG funds . One of the most important of these requirements is that the County submit a Transit Development Plan and annual minor update to FDOT . As indicted in the attached JPA, the County, by May 1 , 2001 , must publish in the newspaper the productivity and performance measures established for the transit system . The COA will provide these data along with other required reports of local transit service . There are also Disadvantaged Business Enterprise (DBE) requirements in the JPA that are incorporated within the Section 5307 grant program . As required d by FTA County nt Yand COA staff recently prepared ,_ p p ed , obtained Board approval , and submitted to FTA an updated DBE Plan . The attached resolution (Attachment 2 ) authorizes the Chairman to execute the JPA for PTBG funds . Upon the Board's adoption of the resolution and the Chairman ' s execution of the JPA . County staff will transmit the JPA to FDOT . JANUARY 2 , 2001 - 27 - E7, v