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Farm B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Transit Agency DATE: 8/02/04 <br /> STAFF CONTACT: Tom Brown PHONE: 8343 <br /> A. REQUEST: <br /> 1. Authorize the Mayor to enter into an agreement with the State of Hawaii, Department of Transportation for <br /> Federal Transit Administration Section 5309 funds. The Federal funds amount to $2,357,423, and will be <br /> used to purchase vehicles to enhance the island's public transportation services, and to create park and ride <br /> lots. <br /> 2. Appropriate the amount of $2,357,423 to the transit agency's Federal expenditures budget. Please <br /> create a separate account for these funds titled "Section 5309 FY 2004-05." <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The State of Hawaii through the Federal Transit Administration has approved a $2,357,423 grant for the <br /> purchase of buses and to create park and ride lots. The funds will allow the transit agency to purchase <br /> additional accessible buses to provide public transportation for the residents of Hawaii County. In addition, <br /> the funds will also enable the County to create park and ride lots in Kona and Puna. <br /> <br /> SIGNED: ~ ~ DATE: 8/02/04 <br /> Department Head <br /> <br />