Episode notes
121523 Part 6 - Santa Cruz Metro Board Meeting - transcript summary
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CFO Chuck Farmer reported significant financial achievements for the agency. Over 18-24 months, the agency secured $148.5 million in one-time funds for buses and infrastructure, equating to two years' operational expenses. This includes $64 million for bus purchases, with additional funds from HVIP rebates raising the total to $76.7 million. The TIRCP grant contributed significantly, bringing $25 million for various projects, including a hydrogen fueling station and Watsonville housing. Additional funds from RTC ($32.4 million), REAP 2.0 grants ($2 million), and others for a bus tarmac and PAC station construction totaled $71.8 million.
There was a clarification moment in the meeting when Farmer corrected the total amount f ...