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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Tracy Young, Grants Director |
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TITLE:
title
Grant Agreement: Electric Vehicle Bus Charging Equipment Incentive for Depot District Garage (Rocky Mountain Power)
end
AGENDA ITEM TYPE:
Grant Agreement
RECOMMENDATION:
Approve and authorize the Executive Director to execute the incentive agreement with Rocky Mountain Power (RMP) in the amount of $450,000 in grant funding with $150,000 of local match required, for procuring electric vehicle bus charging equipment to be located at the Depot District Bus Facility.
BACKGROUND:
Board Policy 2.2 - Contract Authority, Procurement and Grants requires agency staff to present discretionary grant awards of $250,000 or more to the Board of Trustees for approval at the time of award. Such awards must be approved in the agency budget prior to the Board’s approval of the grant agreement.
DISCUSSION:
UTA has been selected to receive a grant from Rocky Mountain Power for:
• Depot District - 4 (12 port) Depot Charging Equipment - $450,000
GRANT SUMMARY:
|
Grantor |
Rocky Mountain Power |
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UTA Grant Agreement Number |
UTA Grant ID 0459 (IPCS) RMP - EV-UT_568347 |
|
Grant Award Selection Date |
04/16/26 |
|
Grant Start/End Dates |
After Incentive Execution/December 31, 2026 |
|
Grant Award Amount |
$450,000 |
|
Grant Award Amount + Match Amount |
$600,000 |
ALTERNATIVES:
If grants are not executed in a timely manner reimbursement of project costs may be delayed.
FISCAL IMPACT:
UTA has been selected to receive a discretionary grant from Rocky Mountain Power in the amount of $450,000 of grant funding. The required local match of $150,000 is provided through previously awarded TTIF funding.
The project, along with the matching funds, is included in the approved 2026 Capital Budget.
ATTACHMENTS:
• Grant Agreement: Electric Vehicle Bus Charging Equipment Incentive for Depot District Garage (Rocky Mountain Power)