| | MANAGER'S REPORT:
This ordinance would appropriate grant funding in the amount of $407,630 as provided by federal funds through the Alaska Department of Transportation and Public Facilities. A local match requirement of $72,023 will be funded from the equipment replacement reserve fund balance.
This Lo-No Bus grant, and local match, will be combined with remaining funding of $397,339 from the recent diesel bus replacement grant that was previously appropriated by the Assembly, along with the associated local match of $99,335 available in the equipment replacement reserve fund balance. These combined funds, totaling $976,327 will allow Capital Transit to replace a 2006 35 foot diesel powered bus with a 35 foot electric bus and associated charging infrastructure for the Mendenhall Valley Transit Facility.
The Public Works and Facilities Committee reviewed this topic at its meeting on December 10, 2018, and referred it to the Assembly. | |