Federal grant · project grant (b)
This Award Obligates Section 5307 Funds Apportioned to Uzas 1 89 in the Amount of $313315193 for Metro-norths Park Avenue Viaduct. This Grant Uses $62663039 in Transportation Development Credits for Match. the Toll Credit Approvals for Appropriations Through and Including Ffy 2022 Is Attached. Purpose of the Award - This Award Assists the Mta in Investing Capital Funding Into Its Assets/infrastructure Maintained by MNR. Activities to Be Performed - the Scope of Work Includes Rehabilitation of the Park Avenue Viaduct for MNR. Expected Outcomes - This Award Supports the Mtas Need to Rehabilitate and Replace Assets to Achieve a State of Good Repair. Intended Beneficiaries - the Mta and Its Ridership. Subrecipient Activities - the Mta Does Not Have Subrecipients Under This Award.the Section 5307 Funds Will Be From Ffy 2022 Allocation From Uza 1 the New York Metropolitan Transportation Council (NYMTC) and Fy 2020 Allocations From Uza 89 Dutchess County Transportation Council. the Regional Sub-allocation Resolutions (resolution #544 and Resolution DCTC Reso 20-04) Are Attached in Trams. a Table Is Attached in Trams Under Application Documents to Show the Amounts Used by Fiscal Year and Funding Program (see File: Mta Funding Allocation Usage and Availability Grant 1786-2022-18). 1% Security Requirement - the Mta Certifies That It Will Not Expend 1% of the Apportionment on Security. the Mta Utilizes Local Funds and Awards From the Department of Homeland SECURITY.0.75% Safety Requirement - Mtas Budget for 5307 Funds Is $313315193 in This Award. Fta Requires at Least $2349864 Be Spent on Safety Related Projects. the Mta Has Identified M8030201 Park Avenue Viaduct Replacement With a Budget of $313315193 to Satisfy This Requirement.this Grant Includes Funding for the Following PROJECT:P1 MNR Park Avenue Viaduct Replacement M8030201 Bil 2022 (TF)P2 MNR Park Avenue Viaduct Replacement M8030201 Fast Act 2020 (TF) (uza 89)P3 MNR Park Avenue Viaduct Replacement M8030201 Bil 2022 (TF)
Committed
$313.3 Million
Paid out
$304.1M
97%
Committed, not yet paid
$9.2M
3%
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