HomeMy WebLinkAboutAgenda Statement 1984/05/22 Item 9 F
COUNCIL AGENDA STATEMENT
Item 9
// Meeting Date 5/22/84
//l
TEM TITLE: Resolution am OA 7 Authorizing SCOOT submission of second amendment
to the FY 1983-84 Transportation Development Act (TDA) Article 4.0 Claim
UBMITTED BY: City Engineer (4/5ths Vote: Yes No X )
EVIEWED BY: City Manager
t its meeting on September 6, 1983, Council authorized SCOOT Board to submit an amended
Y 1983-84 Article 4.0 claim to MTDB and SANDAG. The purpose of the amended claim was
o increase the capital reserve amount in the FY 1983-84 SCOOT claim from $100,000 to
219,300. The increase in the capital reserve amount was due to estimated cost savings
n Account 4020-5203 (Special Contractual Services) , and in unallocated FY 1983-84 Chula
ista TDA funds. The Transit Coordinator estimates that there will be additional cost
avings this fiscal year of $45,840. This amount added to the capital reserve amount of
219,300 for this fiscal year will increase the SCOOT capital reserve for FY 1983-84 to
265,140.
ECONMENDATION: That Council authorize SCOOT Board to submit this second amendment to
he FY 1983-84 Article 4.0 TDA claim to MTDB and SANDAG.
OARDS/COMMISSIONS RECOMMENDATION: SCOOT Board will consider this item at its meeting
n June 20, 1984.
IISCUSSION:
his second amendment to the FY 1983-84 SCOOT Article 4.0 claim reduces the "operations"
â– ortion of the FY 1983-84 claim and transfers this amount into a "capital reserve" as
'ol1ows:
FY 1983-84 CLAIM FY 1983-84 CLAIM
(First Amendment) (Second Amendment)
Iperations $ 954,340 $857,672 Chula Vista $ 908,500 $811 ,832 Chula Vista
Account Account
$ 96,668 County Account $ 96,668 County Account
;apital Reserve $ 219,300 $ 265,140
"otal $1 ,173,640 $1 ,173,640
Page 2, Item 9
Meeting Date 5/22/84
its increase in the FY 1983-84 capital reserve, combined with the capital reserves for
1981-82 and FY 1982-83, will result in a total SCOOT capital reserve of $719,636.
its capital reserve will be one financing component for the new SCOOT buses.
[SCAL IMPACT: This second amendment to the FY 1983-84 SCOOT TDA claim changes the
;OOT/Chula Vista TDA apportionment as follows:
$1 ,198,999 Chula Vista Apportionment
Less 811 ,832 Operations
Less 265,140 Capital Reserve
$ 122,027 Balance for San Diego Transit Contract
4G:nr/DS-022
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