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.
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