2014-1122 T
RESOLUTION NO. 2014 -1122
A RESOLUTION authorizing the City to submit a "Ladders of Opportunity" Grant
application through the State of Wisconsin Department of Transportation to the Federal
Transit Administration.
WHEREAS, the Common Council of the City of Janesville recognizes the importance of
maintaining the City's infrastructure, including the reliability of its fleet of vehicles which
serve the public; and
WHEREAS, the U.S. Department of Transportation, Federal Transit Administration,
recently announced a grant program named "Ladders of Opportunity" to assist in the
replacement of transit buses meeting federal replacement criteria; and
WHEREAS, 40% of the City's transit bus fleet currently meets federal replacement
criteria; and
WHEREAS, the grant program administered by the Federal Transit Administration offers
$100 million nationally to modernize and increase the reliability of transit bus service,
specifically for the purpose of connecting disadvantaged and low- income individuals,
veterans, seniors, youths, and others with local workforce training, employment centers,
health care, and other vital services; and
WHEREAS, the State of Wisconsin, Department of Transportation will be submitting a
consolidated grant application on behalf of interested transit systems in Wisconsin; and
WHEREAS, the City of Janesville share under this grant program is twenty percent
(20 %) of project cost, and the Federal Transit Administration's share is eighty percent
(80 %) of project cost; and
WHEREAS, by applying for this grant, the City of Janesville agrees to pay the local
share of this bus replacement project, currently estimated in the amount of five hundred
thousand and 00/100 Dollars ($500,000), of the total project costs from future City
borrowing proceeds; and
WHEREAS, by adopting this Resolution, the Common Council declares its support for
the City Administration to prepare and submit a "Ladders of Opportunity" grant
application through the State of Wisconsin to the Federal Transit Administration; and
WHEREAS, the Common Council hereby find that this grant application, grant, and
program are each in the best interest and of benefit to the City of Janesville.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the Common Council of the City of
Janesville that:
1. The City Administration is authorized to prepare and submit applications for and
request funding and assistance available from the Federal Transit Administration's
"Ladders of Opportunity" program for this particular project as described and set forth
above;
2. The City of Janesville shall take any and all necessary actions to undertake,
direct, and complete approved grant activities, and to comply with Federal rules for the
program(s); and
BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that
they hereby approve and authorize the City Administration to take actions necessary to
provide the local share "matching" funding for this project, currently estimated in the
amount of five hundred thousand and 00/100 Dollars ($500,000), of the total project
costs, to come from future City borrowing proceeds; and that no funds from sources
other than future borrowing on promissory notes or bonds are expected to be used,
reserved, allocated on a long -term basis, or otherwise set aside by the City for the
project, except as permitted by the Internal Revenue Code of 1986, as amended. This
declaration of official intent is consistent with the budgetary and financial circumstances
of the City. The purpose of this Resolution is to satisfy the "official intent requirement"
of Treasury Regulation Section 1.150 -2; and
BE IT FURTHER RESOLVED, that the City Manager and his designee(s), on behalf of
the City of Janesville, is /are hereby jointly and severally authorized and empowered to
negotiate, draft, review, revise, modify, amend, execute, enter into, file and /or record
additional applications, agreements, amendments, documents, reports, and letters of
understanding concerning this matter, and to take whatever additional other actions that
the City Manager may determine from time to time and at any time, necessary and /or
desirable in the public interest to effectuate the intent of this Resolution.
ADOPTED: July 21, 2014 Motion by: Liebert
Second by: Farrell
APPROVED: / Councilmember Aye Nay Pass Absent
0/01/ Bobzien X
Farrell X
Mark A. - reitag, City Manager Fitzgerald X
Kea ly
ATTE, Liebe X
r � Liebert X
P —� Marklein X _
David T. Godek, Deputy City Clerk - Treasurer~ Severson X
APPROVED AS TO FORM: TO
Wald Klimczyk, City Attorney
Proposed by: Transit Director
Prepared by: Assistant Transit Director