AGENDA CAPTION:
Title
Consider approval of Resolution 2019-219R, approving a Memorandum of Understanding ("MOU") with the Capital Area Rural Transportation System ("CARTS") providing for the City to reimburse CARTS in the amount of $1,581,318 for certain buses purchased by CARTS for CARTS Regional Interurban Bus Fleet when the City, as the direct recipient, receives the Federal Transportation Grant Funds intended for such bus purchases; authorizing the City Manager, or his designee, to execute the MOU; and declaring an effective date.
Body
Meeting date: November 6, 2019
Department: General Services
Amount & Source of Funding
Funds Required: NA
Account Number: NA
Funds Available: NA
Account Name: NA
Fiscal Note:
Prior Council Action: On August 21, 2018 City Council approved a resolution declaring the City of San Marcos as the direct recipient of Federal Transit Administration grant funds.
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Multi Modal Transportation
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Background Information:
* The Capital Area Rural Transportation System (CARTS) was awarded grant funding in 2014 to purchase transit vehicles for the San Marcos urbanized area, however, those grant funds were not available for obligation until 2019
* In 2015, CARTS advanced $1,581,318 in existing grant funds to purchase the San Marcos vehicles, with the understanding that CARTS would recoup those funds once the 2014 grant became avail...
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