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HomeMy WebLinkAboutAgenda Statement 1985/06/25 Item 14 COUNCIL AGENDA STATEMENT Item 14 Meeting Date 6/25/85 M TITLE: Resolution /2, I3 Approving submission of amendment to the FY 1984-85 Transportation Development Act (TDA) Article 4.0 Claim MITTED BY: Director of Public Works/City Engi neer 9/1/1"/ IEWED BY: City Mana49er (4/5ths Vote: Yes No X ) original SCOOT FY 1984-85 Article 4.0 Claim submitted to SANDAG and MTDB on April 1 , 4, in the amount of $1 ,170,963 included a capital reserve in the amount of $80,165. to budget savings during FY 1984-85, and additional revenue in the amount of 7,000 from the Safe Harbor Lease transaction between SCOOT and Rohr Industries, the nsit Coordinator estimates that the FY 1984-85 claim can be amended to increase the ital reserve to $469,325. OMMENDATION: That Council authorize SCOOT Board to submit amendment to the FY 4-85 Article 4.0 TDA claim to MTDB and SANDAG. RDS/COMMISSIONS RECOMMENDATION: Not applicable. CUSSION: s amendment to the FY 1984-85 SCOOT Article 4.0 claim reduces the operations and ital portions of the FY 1984-85 claim and transfers these amounts into a capital erve as follows: FY 1984-85 Claim Amendment rations $ 984,380 $ 729,638 $891 ,019 CV Account $636,277 CV Account $ 93 ,361 County Account $ 93,361 County Account ital $ 106,418 -0- ital $ 469,325 erve $ 80,165 AL $1 ,170,963 $1 ,198,963 CAL IMPACT: This capital reserve will be used to finance future SCOOT capital jects, including additional buses to meet future transit needs and a SCOOT ntenance facility. 1.—.......;:nr/DS-022 0580T i................_____._ Dated ‘-- 2- S-'-- j