Posted: August 23, 2024
Rapid City
Agenda Item Summary

Agenda Item Ref. #: PW082724-04

Agenda Item Title:

Authorize Mayor And Finance Director To Sign The State Of SDDOT Section 5307 Urban Public Transportation Matching Funds Agreement For $35,811.15 For CY2024.

Origination Group:
Public Works Committee
Origination Meeting Date:
08/27/2024
City Council Hearing Date:
09/03/2024
Staff Contact:
Megan Gould-Stabile
Agenda Item Summary:
The City receives an annual FTA Section 5307 Program Grant and has requested the State's particiaption in the local matching share required under the provisions of the grant. The State has agreed to provide up to $35,811.15 in reimbursement. This agreement defines the details of that particiaption.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
General Fund FTA 5307 Formula
Is Funding Budgeted?:
Budgeted

Recommendations:

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