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08/08/2023 Resolutions 2023-184RESOLUTION 2023-184 WHEREAS, The City of Grand Island is responsible for ensuring provision of public transportation trips originating or terminating within the urbanized area of the City of Grand Island. All such trips utilize Federal Transit Administration (FTA) 5307 Urbanized Area Formula Grants; and WHEREAS, The FTA 5307 Urbanized Area Formula Grants reimburse a portion of the costs associated with operating transit service; and WHEREAS, additionally, 5307 Urbanized Area Formula Grants reimburse the City for a portion of the public transit project administration conducted by the Public Works Transit Division; and WHEREAS, FTA reimburses the City for capital expenses at a ratio of 80/20, and operating expenses at a ratio of 50/50; and WHEREAS, such State funds will be used towards the City's local matching obligation for 5307 Urbanized Area Formula Grants. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized and directed to sign the 2023-2024 Nebraska Public Transportation Assistance Program Agreement. Adopted by the City Council of the City of Grand Island, Nebraska, August 8, 2023. � �.,��.�`-�'�� � Roge . Steele, Mayor Attest: � C���� J' Granere, Deputy City Clerk