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APPROPRIATION <br />2008 Transit Grants <br />Bus Purchases, CTS Replacement Facility and Operating Assistance <br />$5,601,428 (Capital grants) <br />$232,200 (Operating grants) <br />WHEREAS, additional Federal and State Capital Grant Funds, above what was <br />approved as part of the FY 2008 Council Adopted Budget, have been awarded to the <br />City of Charlottesville in the amount of $4,487,156 (Federal funds) and $1,114,272 <br />(State funds); and <br />WHEREAS, the Council Adopted FY 2008 Capital Improvement Program <br />includes already appropriated grant match funds in the amount of $897,432 for the CTS <br />Replacement Facility and $230,637 for CTS Bus Replacement, which will be transferred <br />from P -00334 to the account designated below: <br />WHEREAS, Federal and State Operating Grant Funds have been awarded to the <br />City of Charlottesville in the amount of $139,975 (Federal operating) and $92,225 (State <br />operating); and <br />WHEREAS, any remaining grant funds designated for intern services, the <br />strategic marketing plan and the national transit database (funding for the later two <br />expire on June 30, 2009) shall not be deemed to expire at the end of the fiscal year, but <br />shall continue in effect unless altered by further action of this Council; and <br />WHEREAS, expenditure of these operating grant funds requires a City match of <br />$1,572,045 which has already been satisfied by the City general fund amount of <br />$1,594,126 for Charlottesville Transit Service operations in the Council Approved FY <br />2008 Budget; and <br />WHEREAS, the City match of $14,400 for the Strategic Marketing Plan will be <br />transferred from 2801001000 to I/O 1900095 and the City match of $13,725 for the <br />Transit National Database will be transferred from 2801001000 to I/O 1900096. <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Charlottesville, Virginia that the following is hereby appropriated in the following <br />manner, and is contingent upon receipt of the grant funds: <br />CTS Bus Replacement - $216,840 <br />Revenue <br />$216,840 Fund: 245 Cost Center: 2804001000 G/L Account: 430110 <br />Expenditures <br />$216,840 Fund: 245 Cost Center: 2804001000 G/L Account: 541040 <br />CTS Facility Replacement (Avon St.) - $5,384,588 <br />Revenue <br />$4,487,156 Fund: 426 Project: P -00211 <br />$ 897,432 Fund: 426 Project: P -00211 <br />Expenditures <br />$5,384,588 Fund: 426 Project: P -00211 <br />G/L Account: 431110 <br />G/L Account: 430110 <br />G/L Account: 599999 <br />