Orange Co signed Certs Assurances

Browse Search

State Fiscal Year 2014 Public Transportation Programs Federal and State Assistance Certifications and Assurances or significantly contribute to the provision of one or more ITS user services as defined in the"National ITS Architecture,"and 2. As provided in 23 U.S.C. 517(d),any ITS Project the Applicant undertakes that is funded with appropriations made available from the Highway Trust Fund, including amounts made available to deploy intelligent transportation systems,will conform to the appropriate regional ITS architecture,applicable standards, and protocols developed under 23 U.S.C. 517(a)or(c),unless the Applicant obtains a waiver as provided in 23 U.S.C. 517(d)(2). 08. INTEREST AND FINANCING COSTS AND LEASING COSTS. The Applicant must select the Certifications in Group 08 if its Project involves interest,financing or leasing costs supported with FTAINCDOT funds made available or appropriated for: ® 49 U.S.C. chapter 53, as amended by MAP-21, or • Former 49 U.S.C chapter 53 in effect in FY 2012 or a previous fiscal year, except as superseded by MAP- 21 cross-cutting requirements that apply instead. The Applicant is ultimately responsible for compliance with the Certifications and Assurances that apply to itself or its Project, even if a Subrecipient or other Third Party Participant may be involved in the Applicant's Project, except as FTAINCDOT determines otherwise in writing. For this reason, we strongly encourage the Applicant to take appropriate measures, including, but not limited to, obtaining sufficient documentation from each Subrecipient and other Third Party Participant to assure the validity of applicable Certifications and Assurances. Except as FTAINCDOT determines otherwise in writing, before FTAINCDOT may provide funding for the interest, financing or leasing costs that are apart of or connected with the Applicant's Project,you must select the Certifications in Group 08.Any provision of the Certifications in Group 08 that does not apply will not be enforced. A. Interest and Financing Costs The Applicant must select the Certification in Group 08.A if it intends to request reimbursement for interest or other financing costs for Projects funded by the Urbanized Area Formula Program, Fixed Guideway Capital Investment Program, or the New Starts or Small Starts Program within the Capital Investment Program; or State funded Projects. The Applicant certifies that: 1. It will not seek reimbursement for interest or other financing costs unless: a. It is eligible to receive Federal/State funding for those costs,and b. Its records demonstrate that it has shown reasonable diligence in seeking the most favorable financing terms,to the extent FTA/NCDOT may require, and 2. The Applicant will comply with the same favorable financing cost provisions for: a. Urbanized Area Formula Projects funded by MAP-21 or previous FTA enabling legislation, -b. Projects under Full Funding Grant Agreements funded by MAP-21 or previous FTA enabling legislation, c. Projects with Early Systems Work Agreements funded by MAP-21 or previous FTA enabling legislation, d. Fixed Guideway Capital Investment Projects funded by previous FTA enabling legislation, e. State of Good Repair Projects funded by MAP-21, f. Bus and Bus Facilities Projects funded by MAP-21, g. Low or No Emission Vehicle Development Projects funded by MAP-21,and h. State funded Projects. B. Acquisition of Capital Assets by Lease The Applicant must select the Certification in Group 08.B if it intends to use FTAINCDOTfunding to acquire capital assets through a lease. I 16