Board of Directors Regular Meeting Agenda
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Receive, consider and act upon an Interlocal Agreement with the Houston – Galveston Area Council (H-GAC) regarding costs and services required for the administration and oversight of the Transit Fleet Expansion grant for commuter park and ride coaches;
The Interlocal Agreement would provide that the Township assist H-GAC in covering the administrative costs of the Transit Fleet Expansion Program. Highlights of the program include:
The total cost of the Woodlands Fleet Expansion will be approximately $14,125,000 (80% Federal Share - $11,300,000; 20% Local Share - $2,825,000).
The Township, under the Interlocal Agreement, will contribute to H-GAC $45,200 (.4% of $11,300,000) towards the direct oversight costs incurred by H-GAC.
Contingent upon the availability of federal funds, H-GAC will provide access to federal transit funds through sub-recipient agreement with the Township up to $11,300,000.
A copy of the Interlocal Agreement is included as an attachment to this item.
Authorize the President and General Manager to execute the Interlocal Agreement by and between The Woodlands Township and H-GAC.
Draft Interlocal Agreement
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