Resolution No. 57

Establishing Capital Project No. 687 For UCAT Rolling Stock Purchase 2024 - Amending The Capital Fund Budget – Ulster County Area Transit (UCAT)

Resolution Information

Status: 
Adopted

RESOLUTION TEXT +-

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Referred to: The Public Works, Capital Projects and Transportation Committee (Chair Nolan and Legislators Donaldson, Kovacs, Litts, and McCollough), and The Ways and Means Committee (Chairman Gavaris and Legislators Collins, Hansut, Kovacs, Nolan, and Roberts)

 

Chair of the Public Works, Capital Projects and Transportation Committee, Kathy Nolan, and Deputy Chair Herbert Litts, III offer the following:

 

          WHEREAS, this resolution has been submitted at the request of the County Executive on behalf of Ulster County Area Transportation (UCAT); and

 

WHEREAS, this project includes the purchase of Rolling Stock to replace existing Rolling Stock that is over the useful life; and

WHEREAS, a grant application has been submitted and approved by the New York State Department of Transportation for the purchase of fleet replacement rolling stock in the amount of $1,964,340.00; and

WHEREAS, a grant application has been submitted and approved by the Federal Transportation Administration for the purchase of fleet replacement rolling stock in the amount of $236,000.00; and

WHEREAS, there is no match for the County of Ulster; and

WHEREAS, the County of Ulster desires to advance this project by making a commitment to receive 100% of funding from federal aid and state aid for the purchase of rolling stock for bus replacements; now, therefore be it

RESOLVED, that the Ulster County Legislature hereby approves the Project; and, be it further

RESOLVED, that the Ulster County Legislature hereby authorizes the County of Ulster to accept state aid and federal aid for the purchase of this project; and, be it further

RESOLVED, that the sum of $2,200,340.00 is hereby appropriated from serial bond funding and made available to cover the cost of purchasing replacement rolling stock in this Project; and, be it further

RESOLVED, that County of Ulster hereby agrees to the purchase of the rolling stock and the delivery of the capital will be completed within thirty (30) months; and, be it further

         

 

RESOLVED, that the County Executive be and is hereby authorized to execute on behalf of the County of Ulster all necessary agreements, certifications or reimbursement requests for federal aid and/or state aid administration of the Project and the permanent funding of the local share of federal aid and state aid eligible Project costs; and, be it further

 

RESOLVED, that Capital Project No. 687 is hereby established as follows:

 

 

CREATE                                   AMOUNT

 

Capital Project No. 687                Rolling Stock                              $2,200,340.00

 

and, be it further

 

RESOLVED, that the 2024 Ulster County Capital Fund budget is hereby amended as follows:

 

                                                            INCREASE                               AMOUNT                                  

HH.5997.0687-2100.2100            Vehicle Buses                              $2,200,340.00

(App. #)                                        

                             

HH.5997.0687-3500.5710             Revenue - Serial Bonds                  $2,200,340.00

(Rev. #)

 

and moves its adoption.

 

 

ADOPTED BY THE FOLLOWING VOTE:

 

AYES:                     NOES:    

 

 

Passed Committee:  Public Works, Capital Projects and Transportation on _____________.

 

 

 

Passed Committee:  Ways and Means on _____________.

 

 

FINANCIAL IMPACT:

$2,200,340.00 - COUNTY CAPITAL FUND APPROPRIATIONS

$2,200,340.00 - COUNTY REVENUE - SERIAL BONDS

($1,964,340.00 REIMBUSED - STATE REVENUES)

($   212,400.00 REIMBUSED - FEDERAL REVENUES)

 

 

*** A BOND RESOLUTION WILL BE REQUIRED ***

Current Text: PDF

Sponsors: 
Herbert Litts, III, Kathy Nolan

 

Updated: February 27, 2024