2018-1566 RESOLUTION NO. 2018-1566
A resolution authorizing the City to submit a competitive discretionary grant
application 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 competitive discretionary grant program to assist in the
replacement of transit buses meeting federal replacement criteria; and
WHEREAS, 100% of the City's transit bus fleet currently meets federal replacement
criteria; and
WHEREAS, the grant program administered by the Federal Transit Administration is
offering $336.3 million in 2018 to improve transit bus infrastructure by funding the
replacement and rehabilitation of buses and related facilities; 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 declare their support for
the City Administration to prepare and submit a grant application to the Federal Transit
Administration and intent to borrow; and
WHEREAS, the Common Council hereby find that this grant application, grant, and
program are each in the best interest of 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 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 23, 2018 Motion by: Consent
Second by: Consent
APPROVED: Councilmember Aye Nay Pass Absent
G_ / i& ' Conley X
Farrell X
Mark . reitag, City Manager Gruber X
Jorgensen X
ATT- . Marklein X •
Williams X
Wolfe X
David T. Godek, City Clerk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Assistant Transit Director
Prepared by: Assistant Transit Director