borough-of-state-college-meeting-agenda-2024-05-06_f46.pdf
Borough Commits $336K Local Match to CATA for FY25
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Description
The Borough of State College approved Resolution 1386 to provide $302,290 in local operating funds and $34,019 in capital matching funds to the Centre Area Transportation Authority for FY 2024-25, fulfilling requirements for state and federal transportation funding.
Contract Details
Contract Amount
$302,290.00 local operating match, $34,019.00 capital match (total $336,309.00)
Vendor
CENTRE AREA TRANSPORTATION AUTHORITY (CATA)
Agency
Borough of LeRaysville, PA
Contract Type
TRANSPORTATION
Document Date
May 6, 2024
Contract Term
July 1, 2024 - June 30, 2025 (State Fiscal Year 2024-25), quarterly payments
Renewal Date
2025-06-30
Renewal Info
Annual renewal based on state funding cycle; payment schedule specified in the resolution. Renewal and amounts subject to annual council and CATA determination.
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