Grant NY-2021-038

Description

This Grant Will Obligate $41738330 in Section 5307 Funds and $10434582 in Local Match for a Total of $52172912 for the Remainder of the Mta Bus Purchase of 110 40-FOOT Standard Buses. These Buses Will Replace Locally Funded Buses That Have Met Their Useful Life. These Funds Are from the FY19 (Tf) and FY20 (Tf) Allocations to Mta Bus from New York Metropolitan Transportation Council (Nymtc) Resolutions #489 and #502 as Agreed to by the Mta and Nycdot. These Resolutions Are Attached in Trams Under Application Documents. Local Match in the Amount of $10434582 Is Provided by the City and State of New York Each in the Amounts of $5217291. A Table [Mta Funding Allocation _ Usage AVAILABILITY_1786-2021-5] Is Attached Under Application Documents to Show the Amounts Used by Fiscal Year and Funding Program. The Mta Requests That the Fta Obligate the Required Funds for This Application from the Available Fund Balances from UZA1.