Agenda - 05-05-2009 - 5a - Laserfiche WebLink

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American Recovery and Reinvestment Act of 2009 Resolution O Federal Section 5311 FY 2010 RESOLUTIdN Applicant seeking permission to apply for American Recovery and Reinvestmen Act of 2009 funding, enter into agreement with the North Carolina Department of Transportation and to provide the necessary assurances. A motlOn WaS made by (Board Member3 Name) and S2COnded by (Board Member's Name orN/A, if not required) for the adoption of the following resolution, and upon being put to a vote was duly adopted. WHEREAS, the "American Recovery and Reinvestment Act, 2009" (Pub. L. 111-5; °ARRA"), signed into law by President Barack Obama on February 17, 2009, includes 58.4 billion for transit capital Improvements, for which the intent of the legislation is to: a) preserve and create jobs and promote economic recovery; b) assist those affected negatively by the recession; c) provide investments needed to increase economic efficiency by spurring technological advances: d) invest in. transportation infrastructure that will provide long-term economic benefits; and e) stabilize State and local government budgets, in order to minimize reductions in essential services and counterproductive State and local tax increases; and WHEREAS, the ARRA provides $680 million of the 56.9 billion available under the Transit Capital Assistance Program, to nonurbanized areas based on 49 U_S.C. section 5311; and WHEREAS, the nonurbanized area funds are apportioned based upon the nonurbanized population of each state relative to the national urbanized area and land area in nonurbanized areas, of which the Stat® of North Carolina has been apportioned $33 million, and, after required set-asides for intercity projects and state administration costs, North Carolina has announced the availability of approximately $24.7 million to fund eligible transit capital projects, as defined in 49 U.S_C. 5302(a)(1), in nonurbanized areas; and WHEREAS, Article 2B of Chapter 136 of the North Carolina General Statutes and the Governor of North Carolina have designated the North Carolina Department of Transportation t;NCDOT) as the agency responsible for administering federa( and state public transportation funds; and WHEREAS, the purpose of these ARRA transportation funds is to provide grant monies to local agencies for rural public transportation capital improvement proj®cts consistent with the intent of the legislation and to support efforts to stimulate the economy; and WHEREAS, (Cage! Name ofApp/Icant) hereby assures and certifies that it will comply with the federal and state Statutes, regulations, executive orders. Section 5333 (b) Warranty, and all special Federal and State r®porting requirements (at least quarterly) which relate to the applications made to and grants received from the Federal Transit Administration, as well as the provisions of Section 1001 of Title 18, U. S. C. NOW, THEREFORE, be it resolved that the (Authorized OfFicial's T;tle)• Of (Name ofApplicartf's Governing Body) lS hereby authorized to submit a grant application for federal funding, make the necessary assurances and certifications and be empowered to enter into an agreement with the NCDOT to provide rural public transportation capital. I (Certpying Ofl9ciais Name)* (Certifying OA`icial's rue) do hereby certify that the above is a true and correct copy of an excerpt ftom the minutes of a meeting of the (Name ofAppiicant's 6oveming Board) duly held on the day of 20 Signetyre of Certifying OfAdai 'Note that the authorized official, certifying olfcfa/, and notary public must be three separate individuals. Seal Subscribed and sworn to me (date) Notary Pu61ic' AdOress My commission expires (dare)