HomeMy WebLinkAboutRES 91-022 RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be, and he is hereby, authorized to apply for State Public Transportation
Fund Discretionary Program money in the amount of $236,037.00. A copy of the project
description and budget worksheet is attached hereto as Exhibit "A" and made a part hereof for all
purposes.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the ,2 day
of , 1991.
�. � .
- Mayor -
.2
PROJECT DESCRIPTION
The City of Beaumont intends to use all Public Transportation
Fund (PTF) money received to fund up to a 50% match of the local
share of the FY 1991 Operating Expenses for the Beaumont Municipal
Transit (BMT) System. In the initial application period for PTF
Discretionary Program funding, the City of Beaumont applied for
and received $76, 463 . Since 50% of the anticipated local match
for Operating Expenses in FY 1991 will amount to $312 ,500 , there
is still $236, 037 which is eligible for PTF funding. Therefore,
in the second application period for remaining PTF Discretionary
Program funding, the City of Beaumont wishes to apply for $236, 037
in additional money. The project period would be October 1 , 1990
through September 30 , 1991. Beaumont Muncipal Transit serves
a population of 123 ,729 and operates within the City Limits of
Beaumont. Ridership for FY 1990 totaled close to 1, 400 , 000 passengers
representing an 18% increase over FY 1989. Ridership has continued
to climb in FY 1991.
EXHIBIT "A"
!I
BUDCEP WCEMEUM
STATE PUE,IC TRANSPORTATION FUND (PTF)
DISMffCNARY PROGRAM - 1991
Total Estimated Operating Expenses $ 1,590,000
Less Eliminations (Section 8 Planning) $ 10,000
Eligible Operating Expenses $ 1 X 580 000
Less Farebox, Revenue $ 330,000
Net Project Cost $ 1,250,000
Local Share - City of Beaumont (50%) $ 625,000
UTMTA Share (50%) $ 625,000
Local Share $ 625,000
Eligible for PTF Funding (50%) $ 312,500
PTF Funds Previously Approved $ 76,463
(State Contract #511XXF6013)
Additional PTF Funds Applied For $ 236,037