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  Item No. 15.       
Meeting Date: 02/13/2020  
COMMITTEE: General Service  
CONTACT: Juan Fuentes CHAIR: Savino Sanchez

ACTION REQUESTED:
Resolution 20-10 - Consider approval of Resolution 20-10 approving the financial commitment for the purchase of two busses.
BACKGROUND:
Initiated by: Juan Saenz
 
The State of New Mexico receives federal funding through the New Mexico Department of Transportation from the Federal Transit Administration (FTA under U.S.C. 5311).  The New Mexico Department of Transportation administers this program and provides funding in assistance to local transportation programs.
 
The operation of Pecos Trails Transit System relies heavily on funds from this program that provides 50 percent of our operating expenses and 80 percent of both administrative and capital expenses.  Transit is seeking to purchase two 24-passenger buses.
FINANCIAL CONSIDERATION
This resolution lessens the burden on City financially.  The City’s match funds are currently part of the FY20 budget. and 80% matching funds have already been approved by the NMDOT.
LEGAL REVIEW:
The City Attorney has reviewed the resolution for sufficiency.
BOARD AND COMMITTEE ACTION:
The General Services Committee voted 4-0 to recommend approval at its meeting on Wednesday, January 22, 2020.
STAFF RECOMMENDATION:
Consider approval of Resolution 20-10 approving the financial commitment for the purchase of two busses.
Attachments
ATT 1 Resolution 20-10
ATT 2 Resolution 20-10 Bus Quote


    

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