HomeMy WebLinkAboutAgenda Statement 1976/12/14 Item 12CITY OF CHULA VISTA ITEM N0. 12
COUNCIL AGENDA STATEMENT
FOR MEETING OF: 12/14/76
ITEM TITLE: Resolution#8445: Authorizing First Amendment to FY76-77 Agreement
between City of Chula Vista and San Diego Transit Corporation
SUBMITTED BY Director of Public Works/City Engineer /~ ~~
6 I
1
ITEM EXPLANATION:
On June 15, 1976, the City Council approved by Resolution No. 8209, an
agreement between the City and the San Diego Transit Corporation for pro-
vision of inter-city bus service during Fiscal Year 1976-77. That agreement
transferred $242,762 of the City's LTF funds to SDTC as follows:
Net Cost $305,957
City Subsidy (781)
Federal Subsidy (62,414)
Sub Total $242,762
LTF Subsidy (242,762)
The San Diego Transit Corporation has transmitted, by letter dated December 1,
1976, a proposed first amendment to the original agreement. This amendment
has been requested to account for a change in the Federal subsidy distribution
formula and minor route/schedule revisions which have no impact on the
level-of-service provided. The revised distribution formula will increase
the amount of Federal subsidy allocated to Chula Vista by $97,301, reducing
the LTF fund requirement by an equal amount. The amended subsidy figures
follow:
(continued on supplemental page 2)
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Agreement Resolution X Ordinance Plat Other X
Est Amen ment
Environmental Document: Attached Submitted on
STAFF RECOMMENDATION:
Authorize the amendment.
BOARD/COMMISSION RECOMMENDATION:
A P P R O V E D
b;~ the
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COUNCIL ACTION
Chula Vista, Cwiiiornia
Dated a - ~
Form A-113 (Rev 5-75)
Agenda Item No. 12
Supplemental page 2
Net Cost
City Subsidy
Federal Subsidy
Sub Total
LTF Subsidy
$305,957
(781)
(159,715)
$145,461
('145,461)
The attached documentation presents details of the proposed amendment.