Authorizing the City Manager to submit a grant application in the amount of $469,978.00 to the Federal Transit Administration (FTA) for FY2023 Section 5339 Buses and Bus Facilities Program for the purchase of support vehicles and to replace the LED digital monitors at the Transit Lobby to display route information. FTA share is $375,982.00 and Local Match is $93,996.00. Funding is available in the Transit System Capital Grant Fund. No financial impact at the moment.

The City of Laredo is authorizing the City Manager to submit a grant application for $469,978.00 to the Federal Transit Administration (FTA) under the FY2023 Section 5339 Buses and Bus Facilities Program. The grant funds will be used for the purchase of support vehicles and to replace LED digital monitors in the Transit Lobby with route information displays. The FTA's share is $375,982.00, with a local match of $93,996.00. Funding is available in the Transit System Capital Grant Fund, and there is no immediate financial impact.