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Res 2024-143 approving the Transit Asset Management (TAM) Plan and establishing fiscal year 2025 performance targets for the City of San Marcos Public Transit Services and vehicle
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Res 2024-143 approving the Transit Asset Management (TAM) Plan and establishing fiscal year 2025 performance targets for the City of San Marcos Public Transit Services and vehicle
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9/9/2024 4:31:14 PM
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Resolutions
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Approving
Number
2024-143
Date
8/20/2024
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Investment Prioritization <br /> The City of San Marcos will utilize available Federal Transit Administration and Texas <br /> Department of Transportation grant funds and local funds to procure and implement new <br /> investments. New investments will be procured based on the condition of current assets. <br /> The San Marcos Transit District will replace vehicles according to the useful life benchmark <br /> (ULB). Vehicles past the ULB will be replaced first. San Marcos Transit will prioritize the <br /> replacement of Cutaway buses over other revenue vehicles. San Marcos Transit District <br /> received two new cutaway vehicles in FY 2024 and will work to order and additional five <br /> cutaway vehicles in FY 2025 to receive them in FY 2026. <br /> Proposed Investments <br /> Asset Category Asset Class <br /> Cutaway bus 2025 Revenue Vehicles CU —Cutaway $1,050,000.00 High <br /> procurement Bus <br /> Bus 2032 Revenue Vehicles BU — Bus $1,000,000.00 Low Replace <br /> procurement vehicles <br /> past <br /> their ULB <br /> Cutaway bus 2034 Revenue Vehicles CU —Cutaway $1,000,000.00 Low Replace <br /> procurement Bus vehicles <br /> past <br /> their ULB <br />
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