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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 suurce 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 2001/02 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 2001/02 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 Connnissioners 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 (TDP) to FDOT. For 2002, the County will be undertaking a major update of its TDP. As indicated in the attached JPA, the County, by November 1, 2002, 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 by FTA, County and COA staff have prepared, 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, Countv staff will transmit the JPA to FDOT. RECOMMENDATION Staff recommends that the Board of County Commissioners approve the attached Public Transportation Joint Participation Agreement and adopt the attached resolution authorizing the Chairman to sign the agreement. Staff further recommends that the Board of County Commissioners authorize staff to proceed with the application process for federal and other state funds comprising the Section 5307 program. ATTACHMENTS 1- FDOT Public Transportation Joint Participation Agreement Authorizing Resolution for the execution of a Public Transportation Joint Participation Agreement 3. Grant Budget Form DECEMBER 4, 2001 -60- v x -....'..".�a,`•J.K�8JI51.u`.iC•.:'li:-:��e.-. . ...�..I:•YTfr..Y•..: