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27 <br /> FTA FISCAL YEAR 2017 CERTIFICATIONS AND ASSURANCES <br /> CATEGORY 08. INTEREST AND FINANCING COSTS AND <br /> ACQUISITION OF CAPITAL ASSETS BY LEASE. <br /> Before FTA may award federal assistance appropriated or made available under 49 U.S.C. <br /> chapter 53 to support the interest,financing, or leasing costs of any Award financed under the <br /> Urbanized Area Formula Grants Program, Fixed Guideway Capital Investment Grants <br /> Program, any program to which the requirements of 49 U.S.C. §5307 apply, or any other <br /> program as FTA may specify,you must select the Certifications in Category 08, except as FTA <br /> may determine otherwise in writing. <br /> Any provision of the Certifications and Assurances in Category 08 that does not apply will not be <br /> enforced. <br /> 08.A. Interest and Financing Costs. <br /> If your Applicant intends to use federal assistance to support the interest or any other financing <br /> costs for an Award financed under the Urbanized Area Formula Grants Program, the Fixed <br /> Guideway Capital Investment Grants Program, the New Starts, Small Starts, and Core Capacity <br /> Programs, any program that must comply with the requirements of 49 U.S.C. §5307, or any <br /> other program as FTA may specify, the Interest and Financing Costs Certifications in <br /> Category 08.A apply to your Applicant, except as FTA determines otherwise in writing. <br /> On behalf of your Applicant, you certify that: <br /> 1. It will not seek reimbursement for interest or any other financing costs unless: <br /> a. It is eligible to receive federal assistance for those costs, and <br /> b. Its records demonstrate that it has shown reasonable diligence in seeking the most <br /> favorable financing terms, as FTA may require. <br /> 2. It will comply with the same favorable financing cost provisions for Awards financed under: <br /> a. The Urbanized Area Formula Grants Program, <br /> b. A Full Funding Grant Agreement, <br /> c. An Early Systems Work Agreement, <br /> d. The Fixed Guideway Capital Investment Program financed by previous FTA enabling <br /> legislation, <br /> e. Any program that must comply with the requirements of 49 U.S.C. § 5307, or <br /> f. Any other program as FTA may specify. <br /> 08.B. Acquisition of Capital Assets by Lease. <br /> If your Applicant seeks federal assistance from FTA to acquire capital assets (other than rolling <br /> stock or related equipment) through a lease, the Acquisition of Capital Assets by Lease <br /> Certifications and Assurances in Category 08.B apply to your Applicant, except as FTA <br /> determines otherwise in writing. <br /> On behalf of your Applicant, you certify and assure that, as required by FTA regulations, <br /> "Capital Leases," 49 CFR part 639, to the extent consistent with the FAST Act, if your Applicant <br /> 21 <br />