Authorizing the City Manager to submit a grant application in the amount of $504,035.00 to the Federal Transit Administration (FTA) for FY2024 Section 5339 Buses and Bus Facilities Program to replace support vehicles, replace shop equipment, replace parking garage equipment, replace ticket vending machine, and repair the unleaded tank at the maintenance shop. FTA share is $403,228.00 and Local Match is $100,807.00. 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 $504,035.00 to the Federal Transit Administration (FTA) under the FY2024 Section 5339 Buses and Bus Facilities Program. The grant funds will be used to replace support vehicles, shop equipment, parking garage equipment, and a ticket vending machine, as well as to repair the unleaded tank at the maintenance shop. The FTA will contribute $403,228.00, with a local match of $100,807.00. Funding is available in the Transit System Capital Grant Fund, and there is no immediate financial impact.