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                    <text>V
I
MINUTES OF THE SIXTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
JUNE 9, 1967
The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on June 9, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building~
Atlanta. Mr. Richard H. Rich, Chairman, presided.
MEMBERS PRESENT:
Robert F. Adamson (City of Atlanta)
M. C. Bishop (Fulton County)
Edgar Blalock (Clayton County)
Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlanta)
K. A. McMillan (Gwinnett County)
L. D. Milton (City of Atlanta)
Richard H. Rich (City of Atlanta)
MEMBERS ABSENT:
Sanford Atwood (DeKalb County)
OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority
H. L. Stuart, General Manager
King Elliott, Public Information Director
Earl W. Nelson, Chief Engineer
H. N. Johnson, Secretary to General Manager
Consultants
Walter Douglas, Parsons, Brinckerhoff, Quade &amp; Douglas,
New York
W. 0. Salter, Parsons, Brinckerhoff-Tudor, Bechtel,
San Francisco
J. A. Coil, Resident Manager, Parsons, Brinckerhoff-Tudor,
Bechtel, Atlanta
Raymond O'Neil, Parsons, Brinckerhoff- Tudor , Bechtel ,
Atlanta
�Consultants (Cont'd.)
R. W. Gustafson, Parsons, Brinckerhoff-Tudor, Bechtel,
Atlanta
David McBrayer, Parsons, Brinckerhoff-Tudor, Bechtel,
Atlanta
Bob Barksdale, Parsons, Brinckerhof f -Tudor, Bechtel,
Atlanta
M. D. Den Hartog, Lord &amp; Den Hartog/Parsons, BrinckerhoffTudor, Bechtel, New York
Philip Hammer, Hammer, Greene, Siler Associates, Washington
Lawrence Greene, Hammer, Greene , Siler Associates, Atlanta
Leon Eplan , Eric Hill Associates, Atlanta
W. Stell Huie, Huie &amp; Harland, Atlanta
Others
Lorraine Bennett, Atlant~ Journal
Dick Hebert, Atlanta Constitution
Joseph E. Lay-;Robinson-Humphrey
Jere A. Burruss, State Highway Department of Georgia
Joel F. Stone, Jr., State Highway Departmen t of Georgia
Robert W. Rosevear e , Traffic Engineer, DeKalb County
Donald G. Ingram, Associate Director, Central Atlanta
Progress, Inc.
Andy Springer, Atlanta Traffic &amp; Safety Council
J. D. Wingfield, Jr., Jerry A. Coursey, A. Y. Brown,
Gayle Harder, Mrs. Rachel Champagne, Miss Claudette
Parrish, Atlanta Region Metropolitan Planning
Commission
The meeting was called to order by the Chairman.
Minutes
The minutes of the meeting of May 2nd had been mailed to members
prior to the meeting . Mr. Bishop made a motion, seconded by
Mr. Haverty, that the reading of the minutes be dispensed with
and that they be unanimously approved.
Mr. Huie called a tt ention to the fact that minutes of March 2,
1966, June 28, 1966, January 3 , 1967, and April 4, 1967, meetings had been approved at meetings which did not have a quorum
present, and suggested that the Board ratify approval of those
documents. Mr . Bishop made a motion that approval of these
minutes be ratified , Mr. McMillan seconded the motion, and it
was unanimously passed.
-
2 -
�Financial Report
The General Manager presented the financial report as of May 31,
1967, which is attached hereto and made a part of these minutes.
Mr. Stuart commented that Gwinnett County was the only government in arrears on its commitments to the Authority. Income
from interest had been slightly less than anticipated because
less money had been invested, due to consultant payments having
been made. There were no q'u estions, and the financial report
was accepted.
Progress Reports
General Manager
A meeting was held at 2:00 o'clock immediately prior to the
regular Board meeting, for the purpose of hearing progress reports from the consultants. Engineers from Parsons, Brinckerhoff-Tudor, Bechtel, Mr. Philip Hammer of Hammer, Greene, Siler
Associates, and Mr. Leon Eplan of Eric Hill Associates gave
detailed reports on rapid transit consultant contracts in force.
This was well attended by some 50 individuals, including local
consultants, planners, architects, etc. Mr. Stuart said this
would be a regular meeting each month, and it was hoped it would
serve as a tool for information and coordination of efforts
among the various governments and agencies concerned.
Mr. Stuart said Cousins Properties, Inc., in development of the
air rights in the gulch, had allowed SO-foot corridors between
columns as well as a Y track, to accommodate requirements of
the transit system. Liaison continued with Mr. Portman in the
development of Peachtree Center. Mr. Stuart had met with airport developers and with principals in the Nasher project, and
reported cooperation from both groups.
11
11
The General Manager had made nine public addresses during the
month.
Mr. Stuart reported on a conference in Washington, D. C., on
May 22nd. The meeting was called by HUD, and was on design of
urban transportation. An exhibit had been prepared by MARTA
with the help of the engineers, and Mr. Stuart showed slides of
the e x hibit, and taped excerpts of addresses by Mr. Charles
Haar and others were presented .
A brief report of the recent national meeting of the Institute
for Rapid Transit held in Atlanta was made by the General
Manager .
-
3 -
�Mr. Stuart said Aldermen Cook and Griggs, Representative
Winkles, and others had recently toured the proposed transit
lines.
The General Manager announced that the Advisory Committee, discussed at the May meeting, had been formed, and was composed of
the following professionals from the principal design disciplines
in Atlanta:
Chairman - Professor Howard K. Menhinick
Richard L. Aeck, representing American Institute
· of Architects
Richard M. Forbes, representing American
Institute of Planners
H. Boyer Marx, representing American Society
of Landscape Architects
Roy J. Boston, representing American Society of
Professional Engineers
The purpose of this committee would be twofold:
(1) to provide
professional review of design work and (2) to discuss proper relationships between the several consultants. Mr. Stuart asked
for approval of an amendment to the 1967 budget, adding an expenditure item of $5,000 for fees to this committee. Mr. Haverty
made a motion that this amendment to the budget be approved, Mr.
Bishop seconded the motion, and it was unanimously passed.
Mr. Stuart and Mr. Huie had visited the State Department of
Industry and Trade. Mr. Huie felt contractual arrangements
could probably be made with the State for funds on a quarterly
basis during the first two years. The State had appropriated
$250,000 for the next two years, limited by the Constitutional
provision restricting the State's contribution to ten percent of
the cost of any one project.
Consultants
Parsons, Brinckerhoff-Tudor, Bechtel
Mr. John Coil gave examples of photogrammetry and aerial photography and the methods used to show projected plans and profiles
of the system. The engineers had examined the gulch area further
to determine the best rights-of-way for the transit system . In formation was being transmitted to the State Properties Control
Commission . Preliminary work had begun on a contract for taking
soil samples in the central and east- west lines . Mr . Coil said
one company in the joint venture would do preliminary des_ign of
special structures in the system. Liaison wor k on coor dinating
plans for the airport and transit system continued. Effor ts t o
-
4 -
�coordinate the Highway Department's plans for the Brookwood
interchange had been made. Mr. Coil said the firm had reviewed
architectural definitives and had four which showed concepts
for a transit center.
The Chairman recognized the importance of coordinating plans for
the transit lines to the airport, but cautioned the engineers
against too detailed plans at this time in view of the realistic
time lag on this line.
Hammer, Greene, Siler Associates
Mr. Philip Hammer reported that final figures for financing the
system would be completed within a few days. He said there had
been some changes in annual requirements which would more advantageously fit into a financial plan and the receipt of federal
funds. He mentioned a plan staging the development of the
system so that participation on the part of the outlying counties
would begin simultaneously with construction in those areas.
Other Business
The Board accepted the resignation of Mr. Robert W. Adamson as
Treasurer of MARTA. Mr. Adamson had been appointed as a member
to replace Mr. Mills B. Lane, Jr. At Mr. Adamson's suggestion,
the Board agreed to ask Mr. Herbert Dickson, Executive Vice
President of the C. &amp; S. Bank, to serve as Treasurer of MARTA.
The Chairman reported that Fulton County Commission would soon
appoint a replacement for Mr. Pulver.
July Meeting
Because of the July 4th holiday, the nex t regular meeting was
scheduled for Friday, July 7th, at 3 : 30 P.M .
Adjournment
The meeting was adjourned at 4 : 45 P.M.
-
5 -
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              <text>MINUTES OF THE SIXTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

JUNE 9, 1967

The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on June 9, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Richard H. Rich, Chairman, presided.

MEMBERS PRESENT:

Robert F. Adamson (City of Atlanta)
M. C. Bishop (Fulton County)

Edgar Blalock (Clayton County)

Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlanta)

K. A. McMillon (Gwinnett County)

L. D. Milton (City of Atlanta)
Richard H. Rich (City of Atlanta)

MEMBERS ABSENT:

Sanford Atwood (DeKalb County)

OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority

H. L. Stuart, General Manager

King Elliott, Public Information Director
Earl W. Nelson, Chief Engineer

H. N. Johnson, Secretary to General Manager

Consultants

Walter Douglas, Parsons, Brinckerhoff, Quade &amp; Douglas,
New York

W. O. Salter, Parsons, Brinckerhoff-Tudor, Bechtel,
San Francisco

J. A. Coil, Resident Manager, Parsons, Brinckerhoff-Tudor,
Bechtel, Atlanta

Raymond O'Neil, Parsons, Brinckerhoff-Tudor, Bechtel,
Atlanta
Consultants (Cont'd.)

R. W. Gustafson, Parsons, Brinckerhoff-Tudor, Bechtel,

Atlanta

David McBrayer, Parsons, Brinckerhoff-Tudor, Bechtel,
Atlanta

Bob Barksdale, Parsons, Brinckerhoff-Tudor, Bechtel,
Atlanta

M. D. Den Hartog, Lord &amp; Den Hartog/Parsons, Brinckerhoff-
Tudor, Bechtel, New York

Philip Hammer, Hammer, Greene, Siler Associates, Washington

Lawrence Greene, Hammer, Greene, Siler Associates, Atlanta

Leon Eplan, Eric Hill Associates, Atlanta

W. Stell Huie, Huie &amp; Harland, Atlanta

Others

Lorraine Bennett, Atlanta Journal

Dick Hebert, Atlanta Constitution

Joseph E. Lay, Robinson-Humphrey

Jere A. Burruss, State Highway Department of Georgia

Joel F. Stone, Jr., State Highway Department of Georgia

Robert W. Roseveare, Traffic Engineer, DeKalb County

Donald G. Ingram, Associate Director, Central Atlanta
Progress, Inc.

Andy Springer, Atlanta Traffic &amp; Safety Council

J. D. Wingfield, Jr., Jerry A. Coursey, A. Y. Brown,
Gayle Harder, Mrs. Rachel Champagne, Miss Claudette
Parrish, Atlanta Region Metropolitan Planning
Commission

The meeting was called to order by the Chairman.

Minutes

The minutes of the meeting of May 2nd had been mailed to members
prior to the meeting. Mr. Bishop made a motion, seconded by

Mr. Haverty, that the reading of the minutes be dispensed with
and that they be unanimously approved.

Mr. Huie called attention to the fact that minutes of March 2,
1966, June 28, 1966, January 3, 1967, and April 4, 1967, meet-
ings had been approved at meetings which did not have a quorum
present, and suggested that the Board ratify approval of those
documents. Mr. Bishop made a motion that approval of these
minutes be ratified, Mr. McMillon seconded the motion, and it
was unanimously passed.
Financial Report

The General Manager presented the financial report as of May 31,
1967, which is attached hereto and made a part of these minutes.
Mr. Stuart commented that Gwinnett County was the only govern-
ment in arrears on its commitments to the Authority. Income
from interest had been slightly less than anticipated because
less money had been invested, due to consultant payments having
been made. There were no questions, and the financial report
was accepted.

Progress Reports
General Manager

A meeting was held at 2:00 o'clock immediately prior to the
regular Board meeting, for the purpose of hearing progress re-
ports from the consultants. Engineers from Parsons, Brincker-
hoff-Tudor, Bechtel, Mr. Philip Hammer of Hammer, Greene, Siler
Associates, and Mr. Leon Eplan of Eric Hill Associates gave
detailed reports on rapid transit consultant contracts in force.
This was well attended by some 50 individuals, including local
consultants, planners, architects, etc. Mr. Stuart said this
would be a regular meeting each month, and it was hoped it would
serve as a tool for information and coordination of efforts
among the various governments and agencies concerned.

Mr. Stuart said Cousins Properties, Inc., in development of the
air rights in the gulch, had allowed 50-foot corridors between

columns as well as a "Y" track, to accommodate requirements of

the transit system. Liaison continued with Mr. Portman in the

development of Peachtree Center. Mr. Stuart had met with air-

port developers and with principals in the Nasher project, and

reported cooperation from both groups.

The General Manager had made nine public addresses during the
month.

Mr. Stuart reported on a conference in Washington, D. C., on
May 22nd. The meeting was called by HUD, and was on design of
urban transportation. An exhibit had been prepared by MARTA
with the help of the engineers, and Mr. Stuart showed slides of
the exhibit, and taped excerpts of addresses by Mr. Charles
Haar and others were presented.

A brief report of the recent national meeting of the Institute
for Rapid Transit held in Atlanta was made by the General
Manager.
Mr. Stuart said Aldermen Cook and Griggs, Representative
Winkles, and others had recently toured the proposed transit
lines.

The General Manager announced that the Advisory Committee, dis-
cussed at the May meeting, had been formed, and was composed of
the following professionals from the principal design disciplines
in Atlanta:

Chairman - Professor Howard K. Menhinick

Richard L. Aeck, representing American Institute
of Architects

Richard M. Forbes, representing American
Institute of Planners

H. Boyer Marx, representing American Society
of Landscape Architects

Roy J. Boston, representing American Society of
Professional Engineers

The purpose of this committee would be twofold: (1) to provide
professional review of design work and (2) to discuss proper re-
lationships between the several consultants. Mr. Stuart asked
for approval of an amendment to the 1967 budget, adding an ex-
penditure item of $5,000 for fees to this committee. Mr. Haverty
made a motion that this amendment to the budget be approved, Mr.
Bishop seconded the motion, and it was unanimously passed.

Mr. Stuart and Mr. Huie had visited the State Department of
Industry and Trade. Mr. Huie felt contractual arrangements
could probably be made with the State for funds on a quarterly
basis during the first two years. The State had appropriated
$250,000 for the next two years, limited by the Constitutional
provision restricting the State's contribution to ten percent of
the cost of any one project.

Consultants

Parsons, Brinckerhoff-Tudor, Bechtel

Mr. John Coil gave examples of photogrammetry and aerial photog-
raphy and the methods used to show projected plans and profiles
of the system. The engineers had examined the gulch area further
to determine the best rights-of-way for the transit system. In-
formation was being transmitted to the State Properties Control
Commission. Preliminary work had begun on a contract for taking
soil samples in the central and east-west lines. Mr. Coil said
one company in the joint venture would do preliminary design of
special structures in the system. Liaison work on coordinating
plans for the airport and transit system continued. Efforts to
coordinate the Highway Department's plans for the Brookwood
interchange had been made. Mr. Coil said the firm had reviewed
architectural definitives and had four which showed concepts
for a transit center.

The Chairman recognized the importance of coordinating plans for
the transit lines to the airport, but cautioned the engineers
against too detailed plans at this time in view of the realistic
time lag on this line.

Hammer, Greene, Siler Associates

Mr. Philip Hammer reported that final figures for financing the
system would be completed within a few days. He said there had
been some changes in annual requirements which would more advan-
tageously fit into a financial plan and the receipt of federal
funds. He mentioned a plan staging the development of the

system so that participation on the part of the outlying counties
would begin simultaneously with construction in those areas.

Other Business

The Board accepted the resignation of Mr. Robert W. Adamson as
Treasurer of MARTA. Mr. Adamson had been appointed as a member
to replace Mr. Mills B. Lane, Jr. At Mr. Adamson's suggestion,
the Board agreed to ask Mr. Herbert Dickson, Executive Vice
President of the C. &amp; S. Bank, to serve as Treasurer of MARTA.

The Chairman reported that Fulton County Commission would soon
appoint a replacement for Mr. Pulver.

July Meeting

Because of the July 4th holiday, the next regular meeting was
scheduled for Friday, July 7th, at 3:30 P.M.

Adjournment
The meeting was adjourned at 4:45 P.M.
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                <text>Box 21, Folder 6, Document 25</text>
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                    <text>METROPOLITAN ATLANTA RAPID TRANS IT AUTHORITY
ATLANTA, GEORGIA
BUDGET
REPORT
MAY 31, 1967
BUDGET
1967
Unappropriat ed Surplus
ACTUAL
JANUARY 1, 1967
TO
MAY 31, 1967
$128,281.64
$1 28, 281.64
$ 84,030 . 00
23,190 , 00
82,770 . 00
91,800 . 00
18,210 . 00
$ 42 , 015 . 00
11,595 . 00
20 , 692 . 50
45 , 900 . 00
4 , 552 . 50
$300 , 000 . 00
$1 24 , 755 . 00
INCOME
Appropriations :
City of Atlanta
Clayton Count y
DeKalb Count y
Fulton County
Gwinnett Count y
Sub - Totals
Inter est Income
Feder al Funds :
702 Loan
Se c t ion 9 Grant
Inter e s t on Fede r al Funds
Sub -To tal s
$
5 , 520.00
$ 95 , 000 . 00
276, 000 . 00
0
$
1,780 . 40
$ 60,000 . 00
67 ,6 86 , 12
25 2, 05
$371 , 000 . 00
$1 27, 938 , 17
TOTAL I NCOME
$676 , 520 , 00
$254 ,47 3 . 57
TOTAL I NCOME AND UNAPPROPRIATED SURPLUS
$804 , 801 , 64
$382,7 55 .21
$ 68 , 950 , 00
$ 22 , 270 . 30
10 , 500 , 00
4,826 . 87
1 , 109 . 00
533. 00
1 , 680 , 00
10 , 000 , 00
99 . 00
75 0 . 10
266 , 67
402, 85
0
0
$ 92 2 871. 00
$ 28 , 516 , 79
EXPENSES
St a ff Costs :
Sa l a ries
Ex penses
Benefits :
Social Se curit y
Guarant y Fund
Health and Ac cident I nsura nce
Re tir ement
Wor kme n ' s Compensation
Sub- Totals
Board Meetings
$
CARRIED FORWARD
$ 96 , 021.00
3 , 150 , 00
$
1, 400 . 00
$ 29 , 916 . 79
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET
REPORT
MAY 31, 1967
BUDGET
1967
TOTAL I NCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
ACTUAL
JANUARY 1 , 1967
TO
MAY 31, 1967
$804 , 801.64
$382, 755 .2 1
$ 96,021.00
$ 29 ,916 . 79
EXPENSES
Brought For ward
Administ r ative and Of fice Overhead :
Rent
Communi cations and Postage
Furn i tur e and Equipment
Suppli e s
Printing
Auditor
Accountant
Public In f ormation
Spe c ia l Projects
$
Ins urance:
Public Liability
Depository and Forgery
Fid elity Bond
Sub - Tot a ls
Couns e l
Consu ltants :
Atlanta Region Metropolitan Planning
Commission :
701 Matching
Urban Design Study :
Section 9
Matching
Atlanta Transit Study :
Section 9
Matching
Parsons , Brinckerhoff-Tudor-Bechtel :
702 Loan
Section 9 :
Federal
Matching
Retainer Agreement
Research and Te chnical Services
3,000 . 00
2 , 000 . 00
2 ,000 . 00
3 ,6 00 . 00
1 ,000 . 00
25 0 . 00
1,000 . 00
33 , 000 . 00
0
$
1,250 . 00
743 . 09
411 . 97
1, 008 . 23
623.56
25 0 . 00
250 . 00
9 , 436. 90
34 . 00
0
0
0
72 . 00
56 . 00
199 . 00
$ 46, 177 . 00
$ 14, 00 7 . 75
$ 20,000 . 00
$
$ 31,2 50 . 00
$ 29,939 . 00
32,66 7 . 00
16,333 . 00
12, 000 . 00
0
3,333 . 00
1 ,66 7 . 00
5,451.30
0
0
95,000 . 00
60, 000 . 00
240,000 . 00
120,000 . 00
60,000 . 00
2, 000 . 00
0
110,800 . 00
14,220 . 55
1,490 . 84
$602,250 . 00
$228,45 0 .3 9
TOTAL EXPENSES
$764,448 . 00
f}.277 ,826223
SURPLUS
~
nof! ,228, 2a
Sub-Totals
f±0,3.23,6f±
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
MAY 31, 1967
ASSETS
Cash in Banks :
C &amp; S National Bank
First National Bank - Payroll
Trust Company of Georgia
Fulton National Bank - Section 9
$ 26,536.42
3,941.57
1,000.00
64,144.08
Investments:
U. S. Treasury Bills
U. S. Treasury Bills - Section 9
95,979.98
25,794.09
Petty Cash
25.00
Accounts Receivable:
Federal Funds - 702 Loan
Gwinnett County - 1967
Gwinnett County - 1966
$30,000.00
4,552.50
4,552.50
39,105.00
TOTAL ASSETS
$256,526 . 14
LIABIL!T!ES
Accounts Payable
$ 32,708 . 12
Payroll Taxes Withheld and Accrued
Res erves :
Parsons, Brinckerhoff-Tudor-Bechtel:
Section 9 Matching
Retainer Agreement:
Transportation Study
Public Information
Surveying
TOTAL LIABILITIES
SURPLUS
1,545.76
110,800 . 00
$
25.23
928 . 16
5,589 . 89
6,543.28
151,597.16
$104,928.98
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA

BUDGET REPORT

MAY 31, 1967

ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 MAY 31, 1967
Unappropriated Surplus $128,281.64 $128,281.64
INCOME
Appropriations:
City of Atlanta $ 84,030.00 $ 42,015.00
Clayton County 23,190.00 11,595.00
DeKalb County 82,770.00 20,692.50
Fulton County 91,800.00 45,900.00
Gwinnett County 18,210.00 4,552.50
Sub-Totals $300,000.00 $124,755.00
Interest Income $ 5,520.00 $1,780.40
Federal Funds:
702 Loan $ 95,000.00 $ 60,000.00
Section 9 Grant 276,000.00 67,686,12
Interest on Federal Funds 0 252.05
Sub-Totals $371,000.00 $127,938.17
TOTAL INCOME $676,520.00 $254,473.57
TOTAL INCOME AND UNAPPROPRIATED SURPLUS $804,801.64 $382,755.21
EXPENSES
Staff Costs:
Salaries $ 68,950.00 $ 22,270.30
Expenses 10,500, 00 4,826.87
Benefits:
Social Security 1,109,00 750.10
Guaranty Fund 533.00 266.67
Health and Accident Insurance 1,680.00 402,85
Retirement 10,000,00 0
Workmen's Compensation 99.00 0
Sub-Totals $_ 92,871.00 $ 28,516.79
Board Meetings $ 3,150.00 $ 1,400.00
CARRIED FORWARD $_ 96,021.00 $ 29,916.79

 

 

 

 

 

 

 

 

 

 

 

 

 
METROPOLITAN ATLANTA RAPID TRANSIT
ATLANTA, GEORGIA

BUDGET REPORT

MAY 31, 1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
EXPENSES
Brought Forward
Administrative and Office Overhead:
Rent
Communications and Postage
Furniture and Equipment
Supplies
Printing
Auditor
Accountant
Public Information
Special Projects
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond
Sub-Totals
Counsel
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 Matching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan
Section 9:
Federal
Matching

Retainer Agreement
Research and Technical Services

Sub-Totals

TOTAL EXPENSES
SURPLUS

AUTHORITY

 

 

 

 

 

 

 

 

 

ACTUAL
JANUARY 1, 1967
BUDGET TO

1967 MAY 31, 1967
$804,801.64 $382,755.21
$ 96,021.00 § 29,916.79
$ 3,000.00 $ 1,250.00
2,000.00 743.09
2,000.00 411.97
3,600.00 1,008.23
1,000, 00 623.56
250.00 250.00
1,000.00 250.00
33,000.00 9,436.90
0 34.00

72.00 0

56.00 )

199.00 0
$ 46,177.00 § 14,007.75
$ 20,000.00 § 5,451,30
§ 31,250.00 $ 29,939.00
32,667.00 12,000.00

16 5333.00 0

3,333.00 0

1,667.00 0
95,000.00 60,000, 00

240,000,00 0
120,000.00 110,800.00
60,000.00 14,220.55
2,000.00 1,490.84
$602,250.00 $228 450,39
$764,448.00 $277,826.23
S_ 40,353.64 $104 928.98
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA

STATEMENT OF FINANCIAL CONDITION

MAY 31, 1967

ASSETS

Cash in Banks:

 

C &amp; S National Bank $ 26,536.42
First National Bank - Payroll 3,941.57
Trust Company of Georgia 1,000.00
Fulton National Bank - Section 9 64,144.08
Investments:
U. S. Treasury Bills 95,979.98
U. S. Treasury Bills - Section 9 25,794,09
Petty Cash 25.00
Accounts Receivable:
Federal Funds ~ 702 Loan $30,000.00
Gwinnett County - 1967 4,552.50
Gwinnett County - 1966 4,552.50 39,105.00
TOTAL ASSETS
LIABILITIES
Accounts Payable $ 32,708.12
Payroll Taxes Withheld and Accrued 1,545.76
Reserves:
Parsons, Brinckerhoff£-Tudor-Bechtel:
Section 9 Matching 110,800.00
Retainer Agreement:
Transportation Study $ 25.23
Public Information 928.16
Surveying 5,589.89 6,543.28

 

TOTAL LIABILITIES

SURPLUS

$256,526.14

151,597.16

$104 928.98
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                    <text>July 3, 1967
Mr. Charles C . Ford
Bank Building Corporation
132 6 Fulton National Bank Building
Atlanta , -G eorgi a 30303
Dear Check:
Thank you very much for your kind l e t ter . We were
all pre ent at Mr . Sommerville ' s fine presentation
la t week.
This matter will be referred to the Rapid Transit
A uthority for full consideration.
Sincerely,
Ivan Allen, Jr.
M ayor
IAJr: o
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              <text>July 3, 1967

Mr. Charles C. Ford

Bank Building Corporation

1326 Fulton National Bank Building
Atlanta, Georgia 30303

Dear Check:

Thank you very much for your kind letter. We were
all present at Mr. Sommerville's fine presentation
last week.

This matter will be referred to the Rapid Transit
Authority for full consideration.

Sincerely,

Ivan Allen, Jr.
Mayor

IAJr:eo

 
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                    <text>BANK BUILDING CORPORATION
132(3 FULTON NATIONAL BANK BUILDING
ATLANTA , GEORGIA 303 03
5 23 - 6052
June 30, 196 7
The Honorable Mayor Ivan Allen Jr.
City Hall
Atlanta, Georgia
Dear Mayor Allen:
Mr. Bob Sommerville, President of the Atlanta Transit Company, talked
to t he Nor th side Kiwanis Club th is noon. He presented to t he membership an i nterim p rogra m for the moving of mass transportation. I am
certain that you are familiar with this program so I will not go into
the details, but I believe it has a great deal of merit .
It' s a dvantages are cos ts, time to place in operation, and it' s flexibility. The bus as a complete unit gives this method quick mob ility
on or off the rapid expr ess rou t e .
I believe that if we could give this a good trial that it might result
in something revolutionary in the rapid transit program.
I wou ld like to go on record as endorsing this program to you and
offering any assistance to ini ti ate it.
CCF :hs
cc: Mr. Robert L. Sommerville
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              <text>BANK BUILDING CORPORATION

1326 FULTON NATIONAL BANK BUILDING ATLANTA, GEORGIA 30303 523 - 6052

June 30, 1967

The Honorable Mayor Ivan Allen Jr.
City Hall
Atlanta, Georgia

Dear Mayor Allen:

Mr. Bob Sommerville, President of the Atlanta Transit Company, talked
to the North side Kiwanis Club this noon. He presented to the member-
ship an interim program for the moving of mass transportation. I am
certain that you are familiar with this program so I will not go into
the details, but I believe it has a great deal of merit.

It's advantages are costs, time to place in operation, and it's flex-
ibility. The bus as a complete unit gives this method quick mobility
on or off the rapid express route.

T believe that if we could give this a good trial that it might result
in something revolutionary in the rapid transit program.

I would like to go on record as endorsing this program to you and
offering any assistance to initiate it.

Sinéérely,

2

Charles C. Ford
CCF:hs
ec: Mr. Robert L. Sommerville
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                    <text>rP
METROPOLITAN ATLANTA RAPID TRANSIT AUTHOR ITY
GLENN BUILD ING / ATLANTA , GEORGI A 30303 / A REA CODE 404 524 -5711
OFFICERS:
Rich a rd H. Ri ch, Chairman
Roy A. Blount, V ice Cha irman
G lenn E. Bennett , Se cretary
Hen ry L. Stuart, Gene ra l M anager
June 29, 1967
NOTICE TO:
Board of Directors
Metropolitan Atlanta Rapid Transit Authority
FROM:
Glenn E . Bennett, Secretary
The next regular meeting will be held on July 7, 1967, at
3:30 P.M., in the Conference Room of the Glenn Buildi ng ,
Atlanta.
The tentative agenda is as follows:
1.
Minutes of last meeting .
2.
Financial report .
3.
Report of :
4.
a)
General Manager
b)
Engineering consultants
c)
Economic consulta n t s
Othe r business .
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7 METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

OFFICERS:

Richard H. Rich, Chairman

Roy A. Blount, Vice Chairman
Glenn E. Bennett, Secretary
Henry L. Stuart, General Manager

June 29, 1967

NOTICE TO: Board of Directors
Metropolitan Atlanta Rapid Transit Authority

FROM: Glenn E. Bennett, Secretary j

The next regular meeting will be held on July 7, 1967, at

3:30 P.M., in the Conference Room of the Glenn Building,
Atlanta.

The tentative agenda is as follows:

1. Minutes of last meeting.
2. Financial report.

3. Report of: a) General Manager

b) Engineering Consultants

c) Economic Consultants

4, Other business.
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                    <text>I
.I.
REVENUE FROM PROPERTY TAXES TO LOCAL GOVERNMENTS,
THIRTY-EIGHT LARGEST METROPOLITAN AREAS, 1964-65 Y
Metropolitan Area
Rank
.1
Property Revenue
as Percent of
Revenue from
Local Sources
Per CaEita Revenue
to Local Governments
from Property Sources
Newark
San Francisco
New York
Los Angeles
Milwaukee
Boston
Anaheim
San Bernardino
Paterson
Minneapolis-St. Paul
Iluffalo
Cleveland
Denver
Chicago
Portland (Oregon-Wash~) ·
Detroit
Indianapolis .
Roche_ster
,.
San Diego
Dayton
Miami
Cincinnati
Providence
Houston
Washington, D.C.
Baltimore
Kansas City
Seattle
Philadelphia
St. Louis
Dallas
Columbus (Ohio)
ATLANTA
Pittsburgh
Tampa-St . Petersburg
Louisville
San Antonio
New Orl eans
$202.74
$199.39
$180.29
$178.30 ' ..
$178.29
$176.86 .
$176.03
$169.67
$168.92
$156.14
$155.90
.
$154.08
$143.58
· $14.3. 24
$14).90
$140.04
$136 .• 89
$132. 76
$129.96
$122.79
. $119.88
$117.14
$116. 19
$113.65
$111.00
1 $110.83
. $108.00
$103.49 •
$101,48
$101.40
$ 97.77
$ 97. 06 ...
$ 95.52
$ 94 .42
$ 87 . 61
$ 70.28
$ 59. 34
$ 44 .75
Pro12erty Revenue
as Percent of
Revenue from
All Sources
68.6%
46.5%
41.2%
,,.: ,·
4
46.8%
5
54 ~2%
6
60.0%
7
47.5%
8
43.4%
9
74.4%
10
52.1%
11
'49.0%
..
12
59.1%
13
53.5%
14
56.7%
15
55.5%
16
49.6%
17
62.1%
18
40. 7%
19
39.4%
20
52.3%
21
44.6%
22
46.1%
23
65.8%
24
55.4%
25
31.6%
26
42.3%
27
48.0%
28
35.8%
29
47.9%
30
50.8%
31
53. 5% ·
32
45.2%
33
43. 7%
34
46.3%
35
37.9%
36
36. 0%
37
41.
6%
38
23.3%
Average
$129.94
6r.3%
48.6%
Y These are the areas recorded as the mos! populous SMSA's in the. nation by the 1960.
Census of Population, when each of them had at least 700,000 ~nhabitants.
2


3


~
'
Source:
-
- ------ ---
82.0%
69.8%
56.1%
69.7%
80.1%
85.6%
73.6%
67.7%
84.6%
73.3%
75.6%
75.1%
71.9%
72.9%
73.4%
71. 2%
83.5%
67.7%
66.6%
70.1%
56.7%
60.1%
87.0%
71.5%
49.3%
71.8%
61.0%
53 . 9%
58.8%
62.0%
67.9%
63.4%
59.6%,·
59.-8%
49. 9%
47 .2%
66.6%
38.6%
i
'·
j
. • . i
. :I
i
'
,;
1l
.
U.S. B~reau of the Census, Looat, ovePnment Firu:mc6s in SetBotGd Matropotitan
·~aa ~n li64-8$• Series G.P. •
. . ·.. .
Nd,9,
·
I
.. .·
!·
• i
•
__:_.__ . . .
--~- -~
. ... \ .--,.11., -.!···,l'~-r• -
.. _ -
...:...-.- .....
_
. ,..,. _:...• · - . . ,...- ,.._..__
. ~-- . .. ..
..
. .
··- ... ,. ···-, . .._ . , __ -·- -
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              <text>Wendt aAn aun

10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30 .
31
32
33.
34
35
36
37
38

i/ These are the areas recorded as the mos
Census of Population,

Sources U.S. Bureau of the Census, Looa

REVENUE FROM PROPERTY TAXES TO LOCAL GOVERNMENTS,

THIRTY-EIGHT LARGEST METROPOLITAN AREAS, 1964-65 1/

Metropolitan Area

Newark

San Francisco
New York

Los Angeles
Milwaukee

Boston

Anaheim

San Bernardino
Paterson
Minneapolis-St. Paul
Buffalo
Cleveland

Denver

Chicago

Portland (Oregon-Wash,) |

Detroit
Indianapolis —
Rochester

San Diego
Dayton

Miami
Cincinnati
Providence
Houston
Washington, D.C.
Baltimore
Kansas City
Seattle
Philadelphia
St. Louis
Dallas

Columbus (Ohio)
ATLANTA
Pittsburgh
Tampa-St. Petersburg
Louisville

San Antonio

New Orleans

Average

Per Capita Revenue
to Local Governments
from Property Sources

Property Revenue
as Percent of
Revenue from
Local Sources

— $202.74 82.0%
$199.39 69.8%
$180.29 56.1%
$178.30 69.7%
$178.29 80.1%
$176.86. 85.6%
$176.03 73.6%
$169.67 67.7%
$168.92 84.6%
$156.14 73.3%
$155.90 75.6%
$154.08 ' 75.1%
$143.58 °° 71.9%

$143.24 + - ‘ 72.9%
$141.90 73.4%
$140.04 71.2%
$136.89 83.5%
$132.76 67.7%
$129.96 66.6%
$122.79 | 70.1%
$119.88 56.7%
$117.14 60.1%
$116.19 87.0%
$113.65 71.5%
$111.00 49.3%

‘$110.83 71.8%

. $108.00 61.0%
$103.49 ' 53.9%
$101.48 58.8%
$101.40 62.0%
$97.77 67.9%
$ 97.06~ ~ 63.4%
$ 95.52 59.6% *
$ 94.42 59.8%
$ 87.61 49.9%
$ 70.28 47.2%
$ 59.34 66.6%
$ 44.75 38.6%
$129.94 67.3%

“Aveas in 1964-65, Series G.F. = No.9,

[ populous SMSA'
when each of them|had at least 70

t Government Finances in Seleo

meee Sst ft teeny weely pe eee

 

Property Revenue
_as Percent of
Revenue from
All Sources

68.6%
46.5%
41.2%
46.8%
54,2%
60.0%
47.5%
43.4%

48.6%

Ss in the nation by the 1960 -
0,000 inhabitants,

ted Metropolitan
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                    <text>7
f
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING/ ATLANTA, GEORGIA 30303 / AREA CODE 404 524 -5711
OFFICERS:
Richard H. Rich, Chairman
June 2, 1967
Roy A. Blount, Vice Chairman
Glenn E. Bennett , Secretary
Henry L. Stuart, General Manager
NOTICE TO:
Board of Directors
Metropolitan Atlanta Rapid Transit Authority
FROM:
Glenn E. Bennett, S e c r e t a ~
The next regular meeting will be held on June 9, 1967, at
3:30 P.M., in the Conference Room of the Glenn Building,
Atlanta.
The tentative agenda is as follows:
1.
Minutes of last meeting.
2.
Financial report.
3.
Report of:
4.
a)
General Manager
b)
Engineering Consultants
c)
Economic consultants
Other business.
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

OFFICERS:

Richard H. Rich, Chairman

June 2, 1967 Roy A. Blount, Vice Chairman

Glenn E. Bennett, Secretary
Henry L. Stuart, General Manager

NOTICE TO: Board of Directors
Metropolitan Atlanta Rapid Transit Authority

FROM: Glenn E. Bennett, Secretary,

The next regular meeting will be held on June 9, 1967, at
3:30 P.M., in the Conference Room of the Glenn Building,
Atlanta.
The tentative agenda is as follows:

l. Minutes of last meeting.

2. Financial report.

3. Report of: a) General Manager

b) Engineering Consultants

c) Economic Consultants

4. Other business.
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                    <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING/ ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711
OFFICERS:
Richard H. Rich , Chairman
May 18 , 1967
Roy A. Blount, Vice Chairman
Glenn E. Bennett, Secretary
Henry L. Stuart, General Manager
Mr . William A. Cunningham
262 East 78 t h St reet
New York, N. Y.
Dear Mr. Cunninghanu
Yours of May 8th t o Mayor Allen has been referred
to me for consi derati on.
We have under way now rapid tran it development in
Atlanta that i s closi ng out t he p l anning s t age and starting
the preliminary engineering . Ahead of us is the heavy- duty
polit ical job of selli ng th project to the public so that
public financing can be made available to us in sufficient
measure to permit us to get into detail final design. For
the immediate future I can offer you little encouragement
becau ewe are keeping our t f f very small and putting mot
of our resourc s into the hands of our consultants . After
public fin ncing is received, we will be in a po ition to
consider eriou ly people of your background becau e it will
be neces ary to enlarge the administr tive, ngineering and
public information t ffs . I do not foresee public financing
t this l v l during the current y ar, and only with
srna bing succe
can I v n predict it for next year . In th m nwhile, I am very glad to have your resum and will ke pit at
th top of my file which has b en set up to how us the resources
that may be avail ble when it is necess ry to nlarge our t ff.
I a ur you that wh n the time comes w will giv serious
consideration to your pplication.
With bet wish s.
Sincer ely yours,
l LS:J/
BC:
Mayot l l ] )llen, Jr .
H. L. Stuart,
General Manager .
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

OFFICERS:

Richard H. Rich, Chairman

May 18, 1967 Roy A. Blount, Vice Chairman

Glenn E. Bennett, Secretary
Henry L. Stuart, General Manager

Mr. William A, Cunningham
262 East 78th Street
New York, N. Y.

Dear Mr. Cunningham:

Yours of May Sth to Mayor Allen has been referred
to me for consideration.

We have under way now rapid trangit development in
Atlanta that is closing out the planning stage and starting
the preliminary engineering. Ahead of us is the heavy-duty
political job of selling the project to the public so that
public financing can be made available to us in sufficient
measure to permit us to get into detail final design. For
the immediate future I can offer you little encouragement
because we are keeping our staff very small and putting most
of our resources into the hands of our consultants. After
public financing is received, we will be in a position to
consider seriously people of your background because it will
be necessary to enlarge the administrative, engineering and
public information staffs. I do not foresee public financing
at this level during the current year, and only with a smash-
ing success can I even predict it for next year. In the mean-
while, I am very glad to have your resume and will keep it at
the top of my file which has been set up to show us the resources
that may be available when it is necessary to enlarge our staff.
I assure you that when the time comes we will give serious
consideration to your application.

With best wishes.

Sincerely yours,

H. L. Stuart,
General Manager.
HLS:JJ

BCs Mayor Ivan Allen, Jr.
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                    <text>May 15, 1967
MEMORANDUM TO:
Richard H. Rich, Chairman
Metropolitan Atlanta Rapid Transit Authority
FROM:
Glenn E. Bennett, Executive Director, Atl~nta
Region Metropolitan Planning Commission,
Secretary, Metropolitan Atlanta Rapid Tr
Authority
SUBJECT:
t
·
Some Planning Principles and Non-Engineering
Aspects of Rapid Transit
I would like to set down here some of the basic philosophy which
has guided us in transit planning, and also to mention possibilities
for the future. Transit in Atlanta will be a tremendous influence;
it will be the biggest single factor in guiding growth in many parts
of the Metropolitan Area.
The Planning Commission concluded in 1960 that a balanced transportation system with transit would (1) help shape the pattern of
development of the region in a desirable and efficient way, and
(2) provide the necessary access to central Atlanta so that the
orderly growth of employment and business activity could take place
there.
The Planning Commission is concerned with serving the economic need
and shaping the metropolitan area. MARTA has been created primarily
to "build a railroad" in accordance with the generalized plan which
has been tested against planning factors. We have come to the engineering stage now. This is a time when cost estimates need to be
based on specifics. If the Planning Commission could have built a
railroad, we would not have needed MARTA.
As we make decisions on precise locations we are continuing to test
and re-test basic assumptions made earlier with respect to population growth , density, economic change , and many social factors.
Serving the disadvantaged people , the educational institutions , the
new centers of interest , such as the stadium , auditorium , and cul tural center , are of great concern to us at this stage . We are
�r~ -
aware of the opportunity we have for relating harmoniously all of
the exciting activities in the developmental stages in central
Atlanta, and upgrading the City's aesthetics and urban design.
These are non-engineering factors which are currently receiving
attention from planners.
The present work program of the staff of the ARMPC includes an updating of earlier regional land use plans.
In connection with
this we have developed statements of region a l goals related to
transportation. These are polic y statements. Th ey set up criteria against which transportation improvements can be measured .
For example, one section deals with aesthetic standards as follows :
"New or improved transportation facilities should be
located and designed so as to enhance the appearance
of the region, with appropriate regard to topography ,
soils, wooded areas and water bodies , as well as the
character of e x isting and projected man-made development."
Th e objective of a regional plan is to guide new growth into sensible patterns, and discourage extensively scatte red urban de v elopment which is wasteful of land a nd other resourc e s. Transportation
s y stems are the greatest single influence on deve lopm e nt.
Consequently, planners study the effects of any proposed transportation
improv ements, such as roads and highways of all categories and
transit, on future land uses.
Here are a couple of paragraphs from our polic y statement on the
pr e servation of neighborhoods a nd community v alu e s, a lso on pres e r v ing freedom of choice :
"Neighborhoods are considered the basic unit of resid ential community de ve lopment. They may be defined
in one or mor e of se ve ral way s : b y tr a di t ion, th rough
identification b y th e r e sid e nts , from obser ved patt e rns
of common a lity in ag e a nd ch a racter of d eve lopme nt , by
natur a l o r ma n-m a de ba rr i e r s, a s th e limits of local
trade or s er vice areas , a nd so forth
Whe re t hey c a n
be d e fine d, th e integrit y of sound or r e n e wable neighborhoods s hould be protect e d : ma jor tr a nspor t ation
art e ri e s sh ould be lo cated a nd design e d so a s to
bou nd , not penetrate , such a re a s . "
"Re sidentia l de v elopmen t a nd renewa l s h ould be pl a n ned
a n d c o nd ucted s o a s to make av ail abl e in e v ery sector
of the reg ion h ousing of a wid e r an ge o f t ype s and
c o s t , thus a llowi ng t he indi v i du al max i mum freed om to
choo s e where he wi shes to l ive . To enhance t h is fr ee d om of choice , all resident i a l area s s hould hav e comp a rab le acce ssib ility to a r ea s of emp l oyment , re c reati onal and c omme r cial acti v ity . Pub li c t r ansportation
-
2 -
�facilities should provide this comparable accessibility
for residents least able to depend on private transportation."
All of this ARMPC planning policy relative to transportation is consistent with the objectives of the H oU oD o programs.
Federal money
has improved and expanded planning all over the country; there's
no doubt about it. Atlanta can boast a little over having the
oldest publicly supported metropolitan planning agency in the United
States. Because of local initiative back in 1947 we ,have had metropolitan planning long before the feds got into the business.
Now ,
many cities have agencies something like ours, but because we had a
foundation of area-wide planning we could do a comprehensive transit
plan in 1961, a nature preserve plan in 1962, an airport plan last
year, code studies two years ago, and carry on many other activities
in the field of economic and social research. HUD knows this.
It
has a bearing on present transit work; the transit routes are a part
of the overall metropolitan plan and not independent and separate.
We are now working on area-wide water and sewer problems , capital
improvement programming, preparation for the 1970 census, and other
items in addition to MARTA non-engineering work. HUD knows this.
Sidelines include metropolitan training schools for police officers
and improved communications and records systems for law enforcement
agencies, to mention a few.
Let's look at Central Atlanta. This is a concern of ARMPC because
it's the h e art of the region.
It is the subject of much study by
the City of Atlanta in the community improvement plan (CIP } which
is aimed toward the establishment of priorities for redevelopment
of land all over the City. Now that Central Atlanta Progress , I nc.
is organized and well staffed, we have the opportunity to better
serve the original purpose of rapid transit with respect to downtown
interests, both private and public.
Growth and development occurs in Atlanta with or without public
planning.
Portman's Peachtree Center is far along; cousins' air
rights project is starting with an 8,000-car park ing facilit y ; the
Nasher Park Place 18-acre air rights project is under study by
architects, planners, and economists , and Georgia State College has
a big and significant expansion program . La ter this year contracts
are e x pected to be let for Georgia Plaza Park , a landscaped open
space with underground parking garage.
The State, Fulton County ,
and the City of Atlanta are cooperating on this venture which will
result in an attractive government - centered public park which will
upgrade the area near the Capitol .
Now we have the opportunity to coordinate all of these activities
and others , and create before long a central At lanta plan with both
short-range and long -range goals.
Transit is an integral part of
any downtown plan , and our present alignments of routes wi ll tie
together all the major developments mentioned above .
-
3 -
�A corridor impact planning study is now in progress, as you know.
It will show the relation of transit to low-income groups and their
economic and social needs.
Other considerations are the relation
of transit to educational institutions, vocational schools, community centers, and renewal projects. The transit corridors, the
lines of the system, will be pulsing and throbbing with growth and
our efforts to properly direct and control these dynamics must
never cease. Planners are now working with both private and public
agencies in an attempt to identify the many possibilities which the
transit corridors offer us for enhancing community values, serving
the largest number of citizens, and guiding development toward most
sensible and efficient patterns.
In our discussions with H.U.D. officials and when we talk to. our
transit visitors who will be in town next week, I think we ought
to keep some of these points in mind.
I want to take this opportunity, Dick, to e x press our gratitude to
y ou for the time and energy you are putting into this task, which
is at times extremely difficult and complex. Without your leaders h ip it would be much more so!
-
4 -
�</text>
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              <text>May 15, 1967

MEMORANDUM TO: Richard H. Rich, Chairman
Metropolitan Atlanta Rapid Transit Authority

FROM: Glenn E. Bennett, Executive Director, Atlanta
Region Metropolitan Planning Commission,

Secretary, Metropolitan Atlanta Rapid Tr
Authority

SUBJECT: Some Planning Principles and Non-Engineering
Aspects of Rapid Transit

I would like to set down here some of the basic philosophy which

has guided us in transit planning, and also to mention possibilities
for the future. Transit in Atlanta will be a tremendous influence;
it will be the biggest single factor in guiding growth in many parts
of the Metropolitan Area.

The Planning Commission concluded in 1960 that a balanced transpor-
tation system with transit would (1) help shape the pattern of
development of the region in a desirable and efficient way, and

(2) provide the necessary access to central Atlanta so that the
orderly growth of employment and business activity could take place
there.

The Planning Commission is concerned with serving the economic need
and shaping the metropolitan area. MARTA has been created primarily
to "build a railroad" in accordance with the generalized plan which
has been tested against planning factors. We have come to the en-
gineering stage now. This is a time when cost estimates need to be
based on specifics. If the Planning Commission could have built a
railroad, we would not have needed MARTA.

As we make decisions on precise locations we are continuing to test
and re-test basic assumptions made earlier with respect to popula-
tion growth, density, economic change, and many social factors.
Serving the disadvantaged people, the educational institutions, the
new centers of interest, such as the stadium, auditorium, and cul-
tural center, are of great concern to us at this stage. We are
aware of the opportunity we have for relating harmoniously all of
the exciting activities in the developmental stages in central
Atlanta, and upgrading the City's aesthetics and urban design.
These are non-engineering factors which are currently receiving
attention from planners.

The present work program of the staff of the ARMPC includes an up-
dating of earlier regional land use plans. In connection with

this we have developed statements of regional goals related to
transportation. These are policy statements. They set up cri-
teria against which transportation improvements can be measured.
For example, one section deals with aesthetic standards as follows:

"New or improved transportation facilities should be
located and designed so as to enhance the appearance
of the region, with appropriate regard to topography,
soils, wooded areas and water bodies, as well as the
character of existing and projected man-made develop-
ment."

The objective of a regional plan is to guide new growth into sen-
sible patterns, and discourage extensively scattered urban develop-
ment which is wasteful of land and other resources. Transportation
systems are the greatest single influence on development. Conse-
quently, planners study the effects of any proposed transportation
improvements, such as roads and highways of all categories and
transit, on future land uses.

Here are a couple of paragraphs from our policy statement on the
preservation of neighborhoods and community values, also on pre-
serving freedom of choice:

“Neighborhoods are considered the basic unit of resi-
dential community development. They may be defined

in one or more of several ways: by tradition, through
identification by the residents, from observed patterns
of commonality in age and character of development, by
natural or man-made barriers, as the limits of local
trade or service areas, and so forth Where they can
be defined, the integrity of sound or renewable neigh-
borhoods should be protected: major transportation
arteries should be located and designed so as to
bound, not penetrate, such areas."

"Residential development and renewal should be planned
and conducted so as to make available in every sector
of the region housing of a wide range of types and
cost, thus allowing the individual maximum freedom to
choose where he wishes to live. To enhance this free-
dom of choice, all residential areas should have com-
parable accessibility to areas of employment, recrea-
tional and commercial activity. Public transportation
facilities should provide this comparable accessibility
for residents least able to depend on private transpor-
tation."

All of this ARMPC planning policy relative to transportation is con-
sistent with the objectives of the H.U.D. programs. Federal money
has improved and expanded planning all over the country; there's

no doubt about it. Atlanta can boast a little over having the
oldest publicly supported metropolitan planning agency in the United
States. Because of local initiative back in 1947 we have had metro-
politan planning long before the feds got into the business. Now,
many cities have agencies something like ours, but because we had a
foundation of area-wide planning we could do a comprehensive transit
plan in 1961, a nature preserve plan in 1962, an airport plan last
year, code studies two years ago, and carry on many other activities
in the field of economic and social research. HUD knows this. It
has a bearing on present transit work; the transit routes are a part
of the overall metropolitan plan and not independent and separate.

We are now working on area-wide water and sewer problems, capital
improvement programming, preparation for the 1970 census, and other
items in addition to MARTA non-engineering work. HUD knows this.
Sidelines include metropolitan training schools for police officers
and improved communications and records systems for law enforcement
agencies, to mention a few.

Let's look at Central Atlanta. This is a concern of ARMPC because
it's the heart of the region. It is the subject of much study by
the City of Atlanta in the community improvement plan (CIP) which

is aimed toward the establishment of priorities for redevelopment

of land all over the City. Now that Central Atlanta Progress, Inc.
is organized and well staffed, we have the opportunity to better
serve the original purpose of rapid transit with respect to downtown
interests, both private and public.

Growth and development occurs in Atlanta with or without public
planning. Portman's Peachtree Center is far along; Cousins' air
rights project is starting with an 8,000-car parking facility; the
Nasher Park Place 18-acre air rights project is under study by
architects, planners, and economists, and Georgia State College has
a big and significant expansion program. Later this year contracts
are expected to be let for Georgia Plaza Park, a landscaped open
space with underground parking garage. The State, Fulton County,
and the City of Atlanta are cooperating on this venture which will
result in an attractive government-centered public park which will
upgrade the area near the Capitol.

Now we have the opportunity to coordinate all of these activities
and others, and create before long a central Atlanta plan with both
short-range and long-range goals. Transit is an integral part of
any downtown plan, and our present alignments of routes will tie
together all the major developments mentioned above.
A corridor impact planning study is now in progress, as you know.
Tt will show the relation of transit to low-income groups and their
economic and social needs. Other considerations are the relation
of transit to educational institutions, vocational schools, com-
munity centers, and renewal projects. The transit corridors, the
lines of the system, will be pulsing and throbbing with growth and
our efforts to properly direct and control these dynamics must
never cease. Planners are now working with both private and public
agencies in an attempt to identify the many possibilities which the
transit corridors offer us for enhancing community values, serving
the largest number of citizens, and guiding development toward most
sensible and efficient patterns.

In our discussions with H.U.D. officials and when we talk to. our
transit visitors who will be in town next week, I think we ought
to keep some of these points in mind.

I want to take this opportunity, Dick, to express our gratitude to
you for the time and energy you are putting into this task, which
is at times extremely difficult and complex. Without your leader-
ship it would be much more so!
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                    <text>MINUTES OF THE FIFTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
MAY 2, 1967
The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on May 2, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Richard H. Rich, Chairman, presided.
MEMBERS PRESENT:
M. C. Bishop {Fulton County)
Rawson Haverty {City of Atlanta)
K. A. McMillon {Gwinnett County)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)
MEMBERS ABSENT:
Robert F. Adamson (City of Atlanta)
Sanford Atwood (DeKalb County)
Edgar Blalock (Clayton County)
Roy A. Blount (DeKalb County)
L. D. Milton (City of Atlanta)
OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority
H. L . Stuart, General Manager
Glenn E. Bennett, Secretary
King Elliott, Public Information Director
Earl W. Nelson, Chief Engineer
H. N. Johnson, Secretary to General Manager
Consultants
J. A. Coil, Resident Manager, Parsons, Brinckerhoff-TudorBechtel, Atlanta
Lawrence Greene and Raul Garcia, Hammer , Greene, Siler
Ass ociat es, Atlanta
W. Stell Huie, Huie and Harland, Legal Counsel for the
Authority
�Others
J. D. Wingfield, Jr., Planning Director, Atlanta Region
Metropolitan Planning Commission
Mrs. Rachel Champagne, Assistant to the Executive
Director, Atlanta Region Metropolitan Planning
Commission
Margaret Hurst, Atlanta Constitution, Reporter
Thomas Nooner, General Railway Signal Company, Rochester,
New York
Frank Scott, Resident Representative, General Railway
Signal Company, Atlanta
Otto Hikade, General Railway Signal Company
The meeting was called to order by the Chairman.
Minutes
The minutes of the April meeting were unanimously approved by
the members present. Due to lack of a quorum it was agreed
that this action would be ratified by the Board at the June
meeting.
Financial Report
The General Manager reported that payments from the local
governments, with the exception of Gwinnett County, were on
schedule. Gwinnett County remains in arrears for the fourth
quarter of 1966 and the first quarter of 1967. Staff costs
were running according to budget, and a payment of $29,939.00
had been made to the Atlanta Region Metropolitan Planning
Commission in 1967, completing a commitment of $61,188.00 for
1966 and 1967, as matching funds for 701 Project Ga. P- 49.
The statement is attached hereto and made a part of these
minutes .
Progress Reports
General Manager
Mr . Stuart said studies were continuing on the feasibility
of an e x tension of the West Line to ser v e Si x Flags Over
Georgia in Cobb County . It was belie ved th a t r ight - of-wa y
into this area would not be difficult to secure .
It had not
been determi n ed whether or not the patr on a ge would mak e this
e x te n sion economic ally feasible , in v iew of the s eason al
natur e of the r ec r eation f acility.
-
2 -
�The General Manager said he .was selecting a group of five
professionals from the fields of architecture, landscape
architecture, city planning, and engineering, who would comprise an advisory committee to the Authority for the purpose
of reviewing plans as the work moves from preliminary engineering into urban design. Mr. Stuart said the organizational
meeting of this committee would be held soon, and he would ask
for approval of an amendment to the budget at the next meeting,
to cover retainer fees for this committee.
It was announced that Mr. Robert L. Adamson, Treasurer of the
Authority, had been appointed a Director to fill the unexpired
term of Mr. Mills B. Lane, Jr., a City of Atlanta appointee,
who had recently resigned.
The General Manager asked for approval of an expenditure of
$2,000.00 for annual membership dues in the Institute for
Rapid Transit. He said the annual workshop was helpful and
provided an exchange of information with the eleven member
operating or emerging transit authorities in the country.
After discussion of the program of the Institute and the
benefits of such a membership, it was decided that the $2,000.00
annual dues could not be justified at this time. The annual
meeting of the Institute for Rapid Transit, to be held in
Atlanta May 24-26, will provide an opportunity for members of
the Board to observe its work.
Mr. Stuart showed slides of operating transit systems in
Montreal, Toronto and Philadelphia, having recently returned
from a trip to observe these systems. He said each system
had gotten started without federal aid. A comparison of the
systems pointed out continuing improvements in materials,
decor, maintenance, and technology.
The General Manager announced that the Department of Housing
and Urban Development was sponsoring a one-day meeting in
Washington on May 22, on design in urban transportation. At
the request of HUD, the Authority would provide an exhibit at
that meeting, showing plans and progress of the Atlanta system,
and Messrs. Stuart, Elliott and Nelson would attend. Mr. Rich
said this would be an important meeting, and requested all
members who could go to do so. Mr. Stuart had also asked the
newly formed Advisory Committee to attend.
Public Information Director
Mr. Elliott reported on his recent trip to San Francisco. He
had gathered information from the Bay Area Rapid Transit Dis trict to assist in the development of the Authority's public
-
3 -
�information program. A tentative outline of his findings
would be used in the Authority's planning for a bond referendum. He showed slides of the BARTD rapid transit system now
under construction in San Francisco.
Parsons, Brinckerhoff-Tudor-Bechtel
Mr. Coil reported on a recent meeting with the Rapid Transit
Committee of the Atlanta Chamber of Commerce at whi'ch time
this Committee was brought up to date on planning and engineering progress. Enlargements of recently acquired aerial
photographs were being assembled to support the Authority's
display at the Urban Design Conference in Washington on May 22.
Hammer, Greene, Siler Associates
Mr. Greene reported briefly for Hammer, Greene, Siler Associates and stated they were now receiving final cost estimates from Parsons, Brinckerhoff-Tudor-Bechtel covering the
entire rapid transit system, broken down into five stages of
development. A complete draft copy of HGS's report would
soon be presented to the Authority and the Planning Commission
for review.
Mr. Bennett stated he had received approval from the Department of Housing and Urban Development to extend the completion date of 701 Project Ga. P-49 to August 2, 1967. The
extension of time had been necessitated because of a delay
in receipt of information from the State Highway Department.
The approval of the extension would permit all work to be
completed according to contracts.
The Chairman introduced Mr. Earl W. Nelson, newly employed
Chief Engineer for the Transit Authority, and welcomed him
on behalf of the Board.
Mr . Rich reminded the Board of the luncheon meeting on Tuesday,
May 9, at the Commerce Club, at which time representati v es
from the supporting governments would be brought up to date on
rapid transit progress in the metropolitan area . At this time
certain legislation would be discussed which the Authority
would seek to hav e appr oved in the ne x t session of the Gene r al
Assembly .
Inquiry was made regarding the r ecov ery of Mr. L. D . Milto n
f r om a recent oper atio n, and it was the e xpressed sentiment
of the Boar d that he would soon be completely r eco v e r ed a n d
back at his o f fice .
-
4 -
�Mr. Rich requested that maps of all areas under discussion
be displayed at future meetings of the Board.
Adjournment
The meeting was adjourned at 4:30 P.M.
June Meeting Date
Due to the absence of the Chairman from the City on the next
regular meeting date of the Board, June 6, it was suggested
that it be postponed until 3:30 P.M., Friday, June 9. Members will be contacted in the interim in order to determine
if this date is satisfactory.
-
5 -
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              <text>MINUTES OF THE FIFTEENTH MEETING OF THE

METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

MAY 2, 1967

The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on May 2, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Richard H. Rich, Chairman, presided.

MEMBERS PRESENT:

M. C. Bishop (Fulton County)
Rawson Haverty (City of Atlanta)
K. A. McMillon (Gwinnett County)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)

MEMBERS ABSENT:

Robert F. Adamson (City of Atlanta)
Sanford Atwood (DeKalb County)
Edgar Blalock (Clayton County)
Roy A. Blount (DeKalb County)
L. D. Milton (City of Atlanta)

OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority

H. L. Stuart, General Manager

Glenn E. Bennett, Secretary

King Elliott, Public Information Director
Earl W. Nelson, Chief Engineer

H. N. Johnson, Secretary to General Manager

Consultants

J. A. Coil, Resident Manager, Parsons, Brinckerhoff-Tudor-
Bechtel, Atlanta

Lawrence Greene and Raul Garcia, Hammer, Greene, Siler
Associates, Atlanta

W. Stell Huie, Huie and Harland, Legal Counsel for the
Authority
Others

J. D. Wingfield, Jr., Planning Director, Atlanta Region
Metropolitan Planning Commission

Mrs. Rachel Champagne, Assistant to the Executive
Director, Atlanta Region Metropolitan Planning
Commission

Margaret Hurst, Atlanta Constitution, Reporter

Thomas Nooner, General Railway Signal Company, Rochester,
New York

Frank Scott, Resident Representative, General Railway
Signal Company, Atlanta

Otto Hikade, General Railway Signal Company

 

The meeting was called to order by the Chairman.

Minutes

The minutes of the April meeting were unanimously approved by
the members present. Due to lack of a quorum it was agreed
that this action would be ratified by the Board at the June
meeting.

Financial Report

The General Manager reported that payments from the local
governments, with the exception of Gwinnett County, were on
schedule. Gwinnett County remains in arrears for the fourth
quarter of 1966 and the first quarter of 1967. Staff costs
were running according to budget, and a payment of $29,939.00
had been made to the Atlanta Region Metropolitan Planning
Commission in 1967, completing a commitment of $61,188.00 for
1966 and 1967, as matching funds for 701 Project Ga. P-49,
The statement is attached hereto and made a part of these
minutes.

Progress Reports
General Manager

Mr. Stuart said studies were continuing on the feasibility
of an extension of the West Line to serve Six Flags Over
Georgia in Cobb County. It was believed that right-of-way
into this area would not be difficult to secure. It had not
been determined whether or not the patronage would make this
extension economically feasible, in view of the seasonal
nature of the recreation facility.
The General Manager said he.was selecting a group of five
professionals from the fields of architecture, landscape
architecture, city planning, and engineering, who would com-
prise an advisory committee to the Authority for the purpose
of reviewing plans as the work moves from preliminary engi-
neering into urban design. Mr. Stuart said the organizational
meeting of this committee would be held soon, and he would ask
for approval of an amendment to the budget at the next meeting,
to cover retainer fees for this committee.

It was announced that Mr. Robert L. Adamson, Treasurer of the
Authority, had been appointed a Director to fill the unexpired
term of Mr. Mills B. Lane, Jr., a City of Atlanta appointee,
who had recently resigned. :

The General Manager asked for approval of an expenditure of
$2,000.00 for annual membership dues in the Institute for
Rapid Transit. He said the annual workshop was helpful and
provided an exchange of information with the eleven member
operating or emerging transit authorities in the country.
After discussion of the program of the Institute and the
benefits of such a membership, it was decided that the $2,000.00
annual dues could not be justified at this time. The annual
meeting of the Institute for Rapid Transit, to be held in
Atlanta May 24-26, will provide an opportunity for members of
the Board to observe its work.

Mr. Stuart showed slides of operating transit systems in
Montreal, Toronto and Philadelphia, having recently returned
from a trip to observe these systems. He said each system
had gotten started without federal aid. A comparison of the
systems pointed out continuing improvements in materials,
decor, maintenance, and technology.

The General Manager announced that the Department of Housing
and Urban Development was sponsoring a one-day meeting in
Washington on May 22, on design in urban transportation. At
the request of HUD, the Authority would provide an exhibit at
that meeting, showing plans and progress of the Atlanta system,
and Messrs. Stuart, Elliott and Nelson would attend. Mr. Rich
said this would be an important meeting, and requested all
members who could go to do so. Mr. Stuart had also asked the
newly formed Advisory Committee to attend.

Public Information Director
Mr. Elliott reported on his recent trip to San Francisco. He

had gathered information from the Bay Area Rapid Transit Dis-
trict to assist in the development of the Authority's public
information program. A tentative outline of his findings
would be used in the Authority's planning for a bond referen-
dum. He showed slides of the BARTD rapid transit system now
under construction in San Francisco.

Parsons, Brinckerhoff-Tudor-Bechtel

Mr. Coil reported on a recent meeting with the Rapid Transit
Committee of the Atlanta Chamber of Commerce at which time
this Committee was brought up to date on planning and engi-
neering progress. Enlargements of recently acquired aerial
photographs were being assembled to support the Authority's
display at the Urban Design Conference in Washington on May 22.

Hammer, Greene, Siler Associates

Mr. Greene reported briefly for Hammer, Greene, Siler Asso-
Cliates and stated they were now receiving final cost esti-
mates from Parsons, Brinckerhoff-Tudor-Bechtel covering the
entire rapid transit system, broken down into five stages of
development. A complete draft copy of HGS's report would

soon be presented to the Authority and the Planning Commission
for review.

Mr. Bennett stated he had received approval from the Depart-
ment of Housing and Urban Development to extend the comple-
tion date of 701 Project Ga. P-49 to August 2, 1967. The
extension of time had been necessitated because of a delay
in receipt of information from the State Highway Department.
The approval of the extension would permit all work to be
completed according to contracts.

The Chairman introduced Mr. Earl W. Nelson, newly employed
Chief Engineer for the Transit Authority, and welcomed him
on behalf of the Board.

Mr. Rich reminded the Board of the luncheon meeting on Tuesday,
May 9, at the Commerce Club, at which time representatives
from the supporting governments would be brought up to date on
rapid transit progress in the metropolitan area. At this time
certain legislation would be discussed which the Authority
would seek to have approved in the next session of the General
Assembly.

Inquiry was made regarding the recovery of Mr. L. D. Milton
from a recent operation, and it was the expressed sentiment
of the Board that he would soon be completely recovered and
back at his office.
Mr. Rich requested that maps of all areas under discussion
be displayed at future meetings of the Board.

Adjournment

The meeting was adjourned at 4:30 P.M.

June Meeting Date

Due to the absence of the Chairman from the City on the next
regular meeting date of the Board, June 6, it was suggested

that it be postponed until 3:30 P.M., Friday, June 9. Mem-

bers will be contacted in the interim in order to determine

if this date is satisfactory.
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                    <text>ME TROPOL ITAN
TLANTA RAPID TRANSIT AUT"tlORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
APRIL 30 , 1967
BUDGET
19 67
ACTUAL
JANUARY 1, 1967
TO
APRIL 30 , 1967
$128,281.64
$128 , 281.64
$ 84,030 . 00
23 , 19'0. 00
82,770 . 00
91,800 . 00
18,210 . 00
$300 , 000 . 00
$ 5,520 . 00
$ 42 , 015 . 00
11 , 595 . 00
20,692 .5 0
4-5,900 . 00
4,552.50
$124,755 . 00
$ 1,780. 40
$ 95, 000 . 00
276 , 000 . 00
$ 30 , 000 . 00
40 , 000 . 00
TOTAL INCOME
$371 , 000 . 00
$676,52 0. 00
$ 70, 000 . 00
$196 , 5 35 . 4 0
TOTAL INCOME AND UNAPPROPRIATE D SURPLUS
$804,801. 64
$324, 817 . 04
$ 68 , 950 . 00
10,500 . 00
$ 16 , 583 .15
3 , 172 . 44
1 , 109 . 00
5 33 . 00
1 , 680 . 00
10 , 000 . 00
99 . 00
$ 92 , 87 1. 00
$ 3 , 150 . 00
613 .2 0
266 . 67
322 . 28
0
0
$ 20 , 957 . 74
$ 1 , 200 . 00
Unappr op riat e d Surplus
INCOME
App ropriations :
Ci t y of At lanta
Clay ton County
DeKa l b County
Fu lto n County
Gwi nnett County
Sub-Totals
Interest Income
Federal Funds:
702 Loan
Section 9 Grant
Sub ~Tota l s
EXPENSES
Sta ff Cos ts :
Salaries
Expenses
Benefits:
Social Security
Guar anty Fund
Health and Accident I nsur anc e
Retirement
Workme n's Comp ensat ion
Sub-Totals
Boar d Mee tings
Administrative and Office Overhea d:
Re nt
Communications and Post age
Furniture and Equipmen t
Supplies
Printing
Au di tor
Accountan t
Public Information
Insurance :
Public Liabi lity
Depository and Forgery
Fidelity Bond
Su b - Totals
CARRIED FORWARD
$
3, 000 . 00
2 , 000 . 00
2 , 000 . 00
3 , 600 . 00
1 , 000 . 00
25 0. 00
1 , 000 . 00
33 , 000 . 00
72.00
56 . 00
199.00
$ 46,177 . 00
$142 , 198 . 00
$
1, 000 . 00
5 36 . 83
117 . 81
904 . 02
623 . 56
25 0. 00
25 0. 00
6,742. 05
0
0
0
$ 10 , 424 . 27
$ 32,582 . 01
�METROPOLITA~ ATLANTA RAPID TP.ANSIT AUTHORITY
A"'L.A..1.l'TA, GEGRGIA
STATENE n
F Fl~ANCIAL Cl t~ DITION
APRI L 30 , i96 7
oUDGET
1
967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
ACWAL
JAYtJA&amp;Y 1 , 1967
T
APRIL 30 , 1967
$804,801. 64
$324,8 17.04
Brought Forward
$142 ,19 8 .00
$ 32 , 582 . 01
Counsel
Consult ants:
Atlanta Region Metropolitan Plann i ng
Commission:
7 01 Matching
Urban Design Study:
Section 9
Match i ng
Atlanta Transit S tudy :
Section 9
Matching
Parsons, Brinckerhoff -Tudor -Bechte l:
702 Loan
Sect ion 9 :
Federal
Matchi ng
Retainer Agreement
Research and Technical Serv i ces
$ 2 , 000.00
$
$ 31 ,25 0 .0
$ 29 , 939.00
EXPENSES
4,299.74
32,667 . 00
16 , 333 . 00
0
0
3,333 . 00
1 , 667 . 00
0
0
95 , 00 .00
30 , 000 . 00
24 0 , 000 .0
120 , 000.00
60 , 000 . 00
2,000.00
0
110 , 800.00
15 ,048.70
817.58
2602 , 250 00
$186, 605 .2 8
TOTAL EXPENSES
$764 , 448.00
$223 , 487. 03
SURPLUS
~
.n o1, 330 . Ol
Sub-Totals
400~~3 . 6~
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATE~IBNT OF FINANCIAL CONDITION
APRIL 30 , 1967
ASSETS
Ca sh in Banks :
C &amp; S Nat ional Bank
Fi r s t Na t ional Bank - Pay roll
Tr ust Company o f Georgia
Fu l t on Nat i onal Bank - Section 9
$ 48, 456 . 47
15 ,342 . 04
1 , 000 . 00
4, 457 .96
Investmen t s:
U. S . Tr ea sury Bills
U. S . Treasury Bills - Section 9
$ 90 , 003 . 56
55 , 542 . 04
25 . 00
Pet t y Ca s h
Acco unt s Receivable :
Gwinne t t County - 1967
Gwinnet t Count y - 196 6
$4 , 552 . 50
4 ,552.5 0
9 , 105. 00
$2 23, 932 . 07
TOTAL ASSETS
LI ABILITIE S
$
Accounts Pa yable
910 .67
Payro ll Taxe s Wi t hh e ld a nd Accr ued
Reserves:
Varsons, Brin c kerho ff- Tudor - Be ch t e l:
Section 9 Ma t chi ng
Retainer Agre ement :
Tran s por ta tion Study
Pu bl ic Informa t i on
Surveying
TOTAL LIABILITIES
SURPLUS
3, 519 . 96
110 , 800. 00
$
118 . 60
1 ,11 2.61
6, 140 .22
7 , 371. 43
12 2,602. 06
$1 01, 330. 01
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION

Unappropriated Surplus
INCOME

Appropriations:
City of Atlanta
Clayton County
DeKalb County
Fulton County
Gwinnett County

Sub-Totals
Interest income
Federal Funds:
702 Loan
Section 9 Grant

Sub=Totals
TOTAL INCOME
TOTAL INCOME AND UNAPPROPRIATED SURPLUS

EXPENSES

Staff Costs:
Salaries
Expenses
Benefits:
Social Security
Guaranty Fund
Health and Accident Insurance
Retirement
Workmen's Compensation

Sub-Totals

Board Meetings
Administrative and Office Overhead:
Rent
Communications and Postage
Furniture and Equipment
Supplies
Printing
Auditor
Accountant
Public Information
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond
Sub-Totals
CARRIED FORWARD

APRIL 30,

1967

 

 

 

 

 

 

 

 

 

 

 

 

 

ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 APRIL 30, 1967
$128,281.64 $128,281.64
$ 84,030.00 §$ 42,015.00
23,190.00 11,595.00
82,770.00 20,692.50
91,800.00 45,900. 00
18,210.00 4,552.50
$300,000.00 $124,755.00
§ 5,520.00 $§ 1,780.40
$ 95,000.00 $ 30,000.00
276,000.00 40,000. 00
$371,000.00  $ 70,000.00
$676,520.00 $196,535.40
$804,801.64 $324,817.04
$ 68,950.00 §$ 16,583.15
10,500. 00 3,172.44
1,109.00 613.20
533.00 266.67
1,680.00 322.28
10,000. 00 0
99.00 0
$ 92,871.00 §$ 20,957.74
$ 3,150.00 § 1,200.00
$ 3,000.00 §$ 1,000.00
2,000. 00 536.83
2,000. 00 117.81
3,600. 00 904.02
1,000, 00 623.56
250. 00 250.00
1,000.00 250.00
33,000. 00 6,742.05
72.00 0
56.00 0
199.00 0
$46,177.00 § 10,424.27
$142,198.00 %$ 32,582.01

 
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCTAL CONDITION
APRIL 30, 1967

 

 

 

 

 

 

ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 APRIL 30, 1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD $804,801. 64 $324,817.04
EXPENSES
Brought Forward $142,198.00 $ 32,582.01
Counsel $ 20,000.00 § 4,299.74
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 Matching § 31.250. 00 $ 29,939.00
Urban Design Study:
Section 9 32,667.00 0
Matching 16,333.00 0
Atlanta Transit Study:
Section 9 3,333.00 0
Matching 1,667.90 0
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan 95,000. 00 30,000. 00
Section 9:
Federal 240,000. 00 0
Matching 120,000. 00 110,800. 00
Retainer Agreement 60, 0G0, 00 15,048.70
Research and Technical Services 2,000.00 817.58
Sub-Totals $602,250, 00 $186,605.28
TOTAL EXPENSES $764,448, 00 $223,487.03

 

SURPLUS $_ 40.353. 64 0 0.0
Cash in Banks:

C &amp; &amp; National Bank

First National Bank ~ Payroll
Trust Company of Georgia

Fulton National Bank - Section 9

Investments:

U. S. Treasury Bills
U, S. Treasury Bills - Section 9

Petty Cash

Accounts Receivable:

Gwinnett County - 1967
Gwinnett County - 1966

TOTAL ASSETS

Accounts Payable

Payroll Taxes Withheld and Accrued

Reserves:

ATLANTA. GEORGIA

APRIL 30, 1967

ASSETS

LLABILITIES

Parsons, Brinckerhoff-Tudor-Bechtel:

Section 9 Matching
Retainer Agreement:

Transportation Study

Public Information
Surveying

TOTAL LIABILITIES

SURPLUS

METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

STATEMENT OF FINANCTAL CONDITION

$ 48,456.
15,342,
1,000,
4,457.

$ 90,003.
55,542,

25

$4,552.50

4,552.50 9,105.

910,

110,800,

$ 118,60
1,112.61
6,140.22 7,371

47
04
06
96

56
04

00

00

, 96

67

00

43

$223,932.07

$101,330.01
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                    <text>MINUTES OF THE FOURTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
APRIL 4, 1967
The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on April 4, 1967"
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Roy A. Blount, Vice-Chairman, presided in
the absence of Mr. Bennett, Mr. Huie acted as Secretary.
MEMBERS PRESENT:
Sanford Atwood (DeKalb County)
M. C. Bishop (Fulton County)
Edgar Blalock (Clayton County)
Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlanta)
K. A. McMillon (Gwinnett County)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)
MEMBERS ABSENT:
L. D. Milton (City of Atlanta)
Mills B. Lane, Jr. (City of Atlanta)
OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority
King Elliott, Public Information Director
H. N. Johnson, Secretary to Ge n e r a l Manager
Cons ul tan ts
J. A . Coil, Resident Manager, Parsons Brinckerhoff-Tudor Bechtel, Atlanta
W. 0 . Salter , Vice President, Parsons Brinckerho ff, Quade
&amp; Douglas, Inc. , San Francisco
Raul Garcia, Hammer, Greene, Siler Associates, Atlanta
W. Stell Huie and Harry Morg an, Huie a nd Harland, Legal
Counsel for the Authority
�Others
J. D. Wingfield, Jr., Planning Director, Atlanta Region
Metropolitan Planning Commission
Leon Eplan, Eric Hill Associates, Inc., Atlanta
The meeting was called to order by the Vice-Chairman .
. In the absence of Mr. Bennett, Mr. Huie acted as
Secretary.
Minutes
Upon motion by Mr. Blalock, seconded by Mr. McMillan, reading
of the minutes of the March 7 meeting was dispensed with and
they were unanimously approved. Mr. Huie noted that a correction had been made in the March minutes regarding cost estimates as reflected in the last sentence under the Hammer,
Greene, Siler Associates report. A corrigendum had been forwarded to all concerned by the Secretary and was included in
the unanimous approval of the March minutes.
Financial Report
The financial report was presented by the Vice-Chairman in
the absence of the General Manager who was in Montreal attending the Rail Transit Group Conference of the American Transit
Association. The statement reflected that Gwinnett County was
in arrears for the 4th quarter of 1966 and 1st quarter of 1967
and Clayton County for the 1st quarter of 1967. Appropriations
for the 1st quarter had been recei v ed from the City of Atlanta
and DeKalb County. DeKalb County 1 s payment was received after
preparation of the Financial Statement where it was entered as
an accounts receivable item. Second quarterly payment for 1967
from Fulton County had also been received . The financial statement was accepted by the Board and is attached hereto and made
a part of these minutes.
Progress Reports
Vice - Chairman
Mr. Blount presented the members with a copy of the General
Manager's "Quarterly Report of Contract Status , March 31, 1967"
to bring them up to date on the present status of the various
contracts with MARTA. After some discussion the report was
accepted by the Board and is attached hereto and made a part of
these minutes.
- 2-
�Parsons Brinckerhoff-Tudor-Bechtel
Mr. Coil stated the contractor for aerial photography was continuing his work in connection with field measurements in order
to provide back-up information for photogrammetry. This work
is proceeding on schedule and PBTB expects to receive the first
completed work in about 3 or 4 weeks.
Patronage studies are
being processed in New York utilizing a computer. This data
is being incorporated into the patronage study here. Several
alternate means for transferring rapid transit cars on the EastWest to the North-South Lines has been considered. More study
is being given to this before making a recommendation in this
area. Mr. Coil said the Technical Coordinating Committee had
been briefed concerning the proposed rapid transit system and
that Planning Directors of the governments supporting MARTA
had been supplied with maps of the proposed system.
Initial
discussions with the various local governments is scheduled to
begin next week.
Preparation of text and supporting drawings
in connection with the report on the 701 Contract was proceeding and should be completed in approximately 6 weeks. Hammer,
Greene, Siler Associates are in the process of preparing certain aspects of this work which will be incorporated in the total plan. He stated that they had met with the City Consultant
on plans for construction at the airport and would continue to
consult with airport officials from time to time to keep abreast
of developments. Mr. Rich inquired as to the possibility of
running a spur of the transit line to the airport if the new
air terminal is not constructed within a reasonable period of
time. Mr. Coil said all possibilities for serving both the
airport and the surrounding community would be considered. Mr.
Haverty asked that consideration be given to the extension of
the West Line from I-285 across the Chattahoochee River into
Cobb County to serve the new amusement area, Six Flags Over
Georgia, if income derived from such a move would justify it.
Mr. Rich asked PBTB to give consideration to such a plan in
order to protect future right-of-way through the industrial
section in that area. He instructed Mr. Coil to meet with the
General Manager and report at the next meeting on the feasibility of a study to extend the West Line to Six Flags Over
Georgia. Mr. Blount said the Stone Mountain Authority had asked
about the possibility of extending the East Line to Stone Mountain and this should also be considered.
Hammer, Greene, Siler Associates
Mr. Garcia said they were currently assembling two final reports , the first being a segment of the joint 701 report pre pared by PBTB and HGS which will summarize their analysis,
consider potential sources of financing, and contain a formula
- 3-
�for distributing the local share of MARTA's costs to the five
counties and the City of Atlanta, allowing for the inclusion
or exclusion of local areas such as Cobb County. The second
report is a comprehensive compilation of HGS work materials
produced primarily for the benefit of MARTA and ARMPC staffs.
HGS's study of possible new sources of funds reveals that a
sales tax would produce the required volume of revenue, is
easily implemented and is efficient. He stated there had
been some discussion of a statewide sales ta~- distributed back
to local governments on a per capita basis. HGS is currently
analyzing the potential revenues from such a tax for the metropolitan area and will include these findings in the final report in addition to their estimates of the revenue from a
local option sales tax and other possible sources. Further
investigations are being made of the availability of potential
federal funds. Mr. Garcia stated their representatives would
like to meet with members of MARTA prior to putting together
their final analysis and report.
MARTA Award
Messrs. Rich and Elliott had returned during the meeting from
Jekyll Island where the Chairman had accepted the distinguished
meritorious award presented to the Transit Authority by the
Association County Commissioners of Georgia at their Annual
Convention April 2-4 at the Buccaneer Motel, Jekyll Island,
Georgia. Mr. Rich read the text on the Certificate of Appreciation to the Board. It is quoted below:
"Association County Commissioners of Georgia presents
to, Metropolitan Atlanta Rapid Transit Authority, Certificate of Appreciation:
For its intergovernmental leadership and for the
progress it has made to provide the counties of
Clayton, DeKalb, Fulton and Gwinnett, and the
City of Atlanta, a fast, economical and comfortable transportation system. As befitting an intergovernmental agency, its leadership is composed of
representatives of the involved governments dedicated to the promotion of a common advantage . It
is under this kind of leadership, the ultimate
goal will be achieved .
Presented April 3, 1967 at 53rd Annual Convention at
Jekyll Island.
Signed Bruce Schaefer, President; Hill R. Healan , Execu tive Director."
-4-
�Transit Line Tours
Mr. Blount said all members of the Board had not yet toured
the various transit lines and urged that they arrange to do
so at their earliest convenience.
Mr. Rich said it was important to begin planning now for any
legislation MARTA may require at the next session of the
General Assembly. Mr. Blount stressed the importance of
effective liaison between MARTA, county and city officials,
and the legislative delegations. He urged all MARTA Directors
to be in close and frequent contact with their respective
governmental and legislative leaders, discussing the plans
and needs of MARTA. A meeting with county and city officials
is planned for May 9, 1967.
Adjournment
The meeting was adjourned at 4:15 P.M.
W. Stell Huie
Counsel and Acting Secretary
NOTE:
The next meeting of the Metropolitan Atlanta Rapid
Transit Authority is scheduled for Tuesday, May 2,
at 3:30 P.M.
- 5-
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              <text>MINUTES OF THE FOURTEENTH MEETING OF THE

METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

APRIL 4, 1967

The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on April 4, 1967
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Roy A. Blount, Vice-Chairman, presided in

the absence of Mr. Bennett, Mr. Huie acted as Secretary.

MEMBERS PRESENT:

Sanford Atwood (DeKalb County)

M. C. Bishop (Fulton County)
Edgar Blalock (Clayton County)
Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlanta)
K. A. McMillon (Gwinnett County)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)

MEMBERS ABSENT:

L. D. Milton (City of Atlanta)
Mills B. Lane, Jr. (City of Atlanta)

OTHERS PRESENT:

Metropolitan Atlanta Rapid Transit Authority

King Elliott, Public Information Director
H. N. Johnson, Secretary to General Manager

Consultants

J. A. Coil, Resident Manager, Parsons Brinckerhoff-Tudor-
Bechtel, Atlanta

W. O. Salter, Vice President, Parsons Brinckerhoff, Quade
&amp; Douglas, Inc., San Francisco

Raul Garcia, Hammer, Greene, Siler Associates, Atlanta

W. Stell Huie and Harry Morgan, Huie and Harland, Legal
Counsel for the Authority
Others

J. D. Wingfield, Jr., Planning Director, Atlanta Region
Metropolitan Planning Commission
Leon Eplan, Eric Hill Associates, Inc., Atlanta

The meeting was called to order by the Vice-Chairman.
- « « » « . In the absence of Mr. Bennett, Mr. Huie acted as
Secretary.

Minutes

Upon motion by Mr. Blalock, seconded by Mr. McMillon, reading
of the minutes of the March 7 meeting was dispensed with and
they were unanimously approved. Mr. Huie noted that a correc-
tion had been made in the March minutes regarding cost esti-
mates as reflected in the last sentence under the Hammer,
Greene, Siler Associates report. A corrigendum had been for-
warded to all concerned by the Secretary and was included in
the unanimous approval of the March minutes.

Financial Report

The financial report was presented by the Vice-Chairman in

the absence of the General Manager who was in Montreal attend-
ing the Rail Transit Group Conference of the American Transit
Association. The statement reflected that Gwinnett County was
in arrears for the 4th quarter of 1966 and lst quarter of 1967
and Clayton County for the lst quarter of 1967. Appropriations
for the lst quarter had been received from the City of Atlanta
and DeKalb County. DeKalb County's payment was received after
preparation of the Financial Statement where it was entered as
an accounts receivable item. Second quarterly payment for 1967
from Fulton County had also been received. The financial state-
ment was accepted by the Board and is attached hereto and made
a part of these minutes.

Progress Reports

Vice-Chairman

Mr. Blount presented the members with a copy of the General
Manager's "Quarterly Report of Contract Status, March 31, 1967"
to bring them up to date on the present status of the various
contracts with MARTA. After some discussion the report was
accepted by the Board and is attached hereto and made a part of
these minutes.
Parsons Brinckerhoff-Tudor-Bechtel

 

Mr. Coil stated the contractor for aerial photography was con-
tinuing his work in connection with field measurements in order
to provide back-up information for photogrammetry. This work
is proceeding on schedule and PBTB expects to receive the first
completed work in about 3 or 4 weeks. Patronage studies are
being processed in New York utilizing a computer. This data

is being incorporated into the patronage study here. Several
alternate means for transferring rapid transit cars on the East-
West to the North-South Lines has been considered. More study
is being given to this before making a recommendation in this
area. Mr. Coil said the Technical Coordinating Committee had
been briefed concerning the proposed rapid transit system and
that Planning Directors of the governments supporting MARTA:
had been supplied with maps of the proposed system. Initial
discussions with the various local governments is scheduled to
begin next week. Preparation of text and supporting drawings
in connection with the report on the 701 Contract was proceed-
ing and should be completed in approximately 6 weeks. Hammer,
Greene, Siler Associates are in the process of preparing cer-
tain aspects of this work which will be incorporated in the to-
tal plan. He stated that they had met with the City Consultant
on plans for construction at the airport and would continue to
consult with airport officials from time to time to keep abreast
of developments. Mr. Rich inquired as to the possibility of
running a spur of the transit line to the airport if the new
air terminal is not constructed within a reasonable period of
time. Mr. Coil said all possibilities for serving both the
airport and the surrounding community would be considered. Mr.
Haverty asked that consideration be given to the extension of
the West Line from I-285 across the Chattahoochee River into
Cobb County to serve the new amusement area, Six Flags Over
Georgia, if income derived from such a move would justify it.
Mr. Rich asked PBTB to give consideration to such a plan in
order to protect future right-of-way through the industrial
section in that area. He instructed Mr. Coil to meet with the
General Manager and report at the next meeting on the feasi-
bility of a study to extend the West Line to Six Flags Over
Georgia. Mr. Blount said the Stone Mountain Authority had asked
about the possibility of extending the East Line to Stone Moun-
tain and this should also be considered.

Hammer, Greene, Siler Associates

Mr. Garcia said they were currently assembling two final re-
ports, the first being a segment of the joint 701 report pre-
pared by PBTB and HGS which will summarize their analysis,
consider potential sources of financing, and contain a formula
for distributing the local share of MARTA's costs to the five
counties and the City of Atlanta, allowing for the inclusion
or exclusion of local areas such as Cobb County. The second
report is a comprehensive compilation of HGS work materials
produced primarily for the benefit of MARTA and ARMPC staffs.
HGS's study of possible new sources of funds reveals that a
sales tax would produce the required volume of revenue, is
easily implemented and is efficient. He stated there had

been some discussion of a statewide sales tax distributed back
to local governments on a per capita basis. HGS is currently
analyzing the potential revenues from such a tax for the metro-
politan area and will include these findings in the final re-
port in addition to their estimates of the revenue from a
local option sales tax and other possible sources. Further
investigations are being made of the availability of potential
federal funds. Mr. Garcia stated their representatives would
like to meet with members of MARTA prior to putting together
their final analysis and report.

MARTA Award

Messrs. Rich and Elliott had returned during the meeting from
Jekyll Island where the Chairman had accepted the distinguished
meritorious award presented to the Transit Authority by the
Association County Commissioners of Georgia at their Annual
Convention April 2-4 at the Buccaneer Motel, Jekyll Island,
Georgia. Mr. Rich read the text on the Certificate of Appreci-
ation to the Board. It is quoted below:

"Association County Commissioners of Georgia presents
to, Metropolitan Atlanta Rapid Transit Authority, Certi-
ficate of Appreciation:

For its intergovernmental leadership and for the
progress it has made to provide the counties of
Clayton, DeKalb, Fulton and Gwinnett, and the

City of Atlanta, a fast, economical and comfort-
able transportation system. As befitting an inter-
governmental agency, its leadership is composed of
representatives of the involved governments dedi-
cated to the promotion of a common advantage. It
is under this kind of leadership, the ultimate

goal will be achieved.

Presented April 3, 1967 at 53rd Annual Convention at
Jekyll Island.

Signed Bruce Schaefer, President; Hill R. Healan, Execu-
tive Director."
Transit Line Tours

Mr. Blount said all members of the Board had not yet toured
the various transit lines and urged that they arrange to do
so at their earliest convenience.

Mr. Rich said it was important to begin planning now for any
legislation MARTA may require at the next session of the
General Assembly. Mr. Blount stressed the importance of
effective liaison between MARTA, county and city officials,
and the legislative delegations. He urged all MARTA Directors
to be in close and frequent contact with their respective
governmental and legislative leaders, discussing the plans

and needs of MARTA. A meeting with county and city officials
is planned for May 9, 1967.

Adjournment

The meeting was adjourned at 4:15 P.M.

 

W. Stell Huie
Counsel and Acting Secretary

NOTE: The next meeting of the Metropolitan Atlanta Rapid
Transit Authority is scheduled for Tuesday, May 2,
at 3:30 P.M.
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                    <text>--
METROPOLITAN ATLANTA RAPI D TRANSITY AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967
BUDGET
Una ppropri a ted Surplus
ACTUAL
JANUARY 1 , 196 7
TO
MARCH 31 , 196 7
$128,281.64
$128,281.64
$ 84,030 . 00
$ 21,007 . 50
23,190 . 00
82,770 . 00
91,800 . 00
18,210.00
5,797.50
20,692.50
22,950.00
4,552.50
$300,000.00
$ 5,520 . 00
$ 75,000 . 00
$ L520.90
$ 95,000 . 00
$ 30,000.00
276,000.00
40 2 000 _.00
$371,000.00
$ 70,000.00
TOTAL I NCOME
$676,520.00
$146,520.90
TOTAL I NCOME AND UNAPPROPRIATED SURPLUS
S8Qfl:.8Ql 6~
$274,802.54
$ 68,950 . 00
$ 12, 487 . 65
10 , 500 . 00
1 , 792 . 79
1,109 . 00
533 . 00
1 , 680.00
10,000 . 00
99.00
53 2. 71
133 . 34
241. 71
0
0
$ 92,871.00
$ 3 , 150 . 00
$ 15 , 188 . 20
900 . 00
$
I NCOME
Appropriations:
Cit y of Atlanta
Clay ton County
DeKalb Count y
Fulton County
Gwinnett County
Sub-Totals
Interest Income
Federal Funds:
702 Loan
Section 9 Grant
Sub - Totals
EXPENSES
St af f Cos ts:
Sa l ar i e s
Ex pen ses
Benefits :
Soc ial Securit y
Gua r an ty Fund
Hea lth and Ac cid en t I n suranc e
Retir ement
Wo~kmen ' s Compansation
Sub - Totals
Board Meet ings
Admi nis tra t i ve and Off ic e Over head :
Rent
Commun ic a ti ons and Post a ge
Furni t ure and Equ i pment
Suppl i e s
Printing
Audit or
Accountant
Public Informa tion
I n s urance :
Public Liabilit y
Deposit or y and Forgery
Fi de lit y Bond
Sub - Totals
CARRIED FORWARD
$
3,000 . 00
2, 000 . 00
2, 000 . 00
3 , 600 . 00
1 , 000 . 00
250 . 00
1 , 000 . 00
33, 000 . 00
$
72 . 00
56 . 00
199 . 00
750 . 00
36 3 . 03
0
628. 15
623 . 56
250 . 00
0
5 , 058 . 91
0
0
0
~ 46 2 177 . 00
$
$142 , 198 . 00
$ 23 , 761.85
7,673 . 65
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
1967
ACTUAL
JANUARY 1, 196 7
TO
MARCH 31, 196 7
$804,801.64
$274,802.54
$142,198.00
$ 20,000.00
$ 23,761.85
$ 3,092.74
$ 31,250.00
$ 29,939.00
EXPENSES
Brought Forward
Counsel
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 ~atching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan
Section 9 :
Federal
Matching
Retainer Agreement
Research and Technical Services
32,667.00
16,333.00
0
0
3,333.00
1,667.00
0
0
95,000.00
0
240,000.00
120,000.00
60,000.00
2,000.00
0
92,333.00
13,985.97
597.58
$602,250.00
$136,855 . 55
TOTAL EXPENSES
$764,448 . 00
$163,710.14
SURPLUS
~
Hll,Q22 .~Q
Sub - Totals
~Q.J.SJ.6~
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
MARCH 31 , 196 7
ASSETS
Cash in Banks:
C &amp; S National Bank
First National Bank - Payroll
Trust Company of Georgia
Fulton National Bank - Sec tion 9
$30,354.81
6,543.55
1,000.00
5,313.88
Investments:
U. S. Treasury Bills
U. S. Treasury Bills - Section 9
70,261.29
34,686.12
25.00
Petty Cash
Accounts Receivable:
Clayton Count y
DeKalb County
Gwinnett County - 1967
Gwinnett County - 1966
$ 5,797.50
20,692.50
4,552.50
4,552.50
35,595.00
$183,779.65
TOTAL ASSETS
LIABILITIES
Accounts Payable
$
2,046.01
Payroll Taxes Withheld and Accrued
Reserves:
Parsons, Brinckerhoff-Tudor-Bechtel:
Section 9 Matching
Retained Agreement:
Transportation Study
Public Information
Right-of-Way Procedure Study
Surveying
TOTAL LIABILITIES
SURPLUS
124.18
62,333.00
$
301.07
1,193.63
0
6,689.36
8,184.06
72,687.25
$111, 092 • 40
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              <text>METROPOLITAN ATLANTA RAPID TRANSITY AUTHORITY

ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967

Unappropriated Surplus
INCOME

Appropriations:
City of Atlanta
Clayton County
DeKalb County
Fulton County
Gwinnett County

Sub-Totals
Interest Income
Federal Funds:
702 Loan
Section 9 Grant

Sub-Totals
TOTAL INCOME
TOTAL INCOME AND UNAPPROPRIATED SURPLUS

EXPENSES

Staff Costs:

Salaries

Expenses

Benefits:
Social Security
Guaranty Fund
Health and Accident Insurance
Retirement
Workmen's Compansation

Sub-Totals
Board Meetings
Administrative and Office Overhead:
Rent
Communications and Postage
Furniture and Equipment
Supplies
Printing
Auditor
Accountant
Public Information
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond

Sub-Totals
CARRIED FORWARD

 

 

 

 

 

 

 

 

 

 

 

 

ACTUAL
JANUARY 1, 1967
TO
BUDGET MARCH 31, 1967
$128 281.64 $128,281.64
$ 84,030.00 $ 21,007.50
23,190.00 5,797.50
82,770.00 20,692.50
91,800.00 22,950.00
18,210.00 4,552.50
$300,000.00 $ 75,000.00
$ 5,520.00 $1,520.90
$ 95,000.00 $ 30,000.00
276,000.00 40,000.00
$371,000.00 $ 70,000.00
$676,520.00 $146 ,520.90
$804,801.64 $274,802.54
$ 68,950.00 § 12,487.65
10,500.00 1,792.79
1,109.00 532.71
533.00 133.34
1,680.00 241.71
10,000.00 0
99.00 0
$ 92,871.00 $ 15,188.20
$ 3,150.00 $ 900.00
$ 3,000.00 $ 750.00
2,000.00 363.03
2,000.00 0
3,600.00 628,15
1,000.00 623.56
250.00 250.00
1,000.00 0
33,000.00 5,058.91
72.00 0
56.00 a)
199.00 0
$ 46,177.00 $ 7,673.65
$142,198.00 $ 23,761.85

 
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967

TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD

EXPENSES

Brought Forward
Counsel
Consultants:
Atlanta Region Metropolitan Planning
Commission:
7O1 Matching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan
Section 9:
Federal
Matching
Retainer Agreement
Research and Technical Services

Sub-Totals
TOTAL EXPENSES

SURPLUS

 

 

 

 

ACTUAL
JANUARY 1, 1967
TO
1967 MARCH 31, 1967
$804,801.64 $274,802.54
$142,198.00 $ 23,761.85
$ 20,000.00 $ 3,092.74
$ 31,250.00 $ 29,939.00
32,667.00 )
16,333.00 0
3,333.00 0
1,667.00 0
95,000.00 0
240,000.00 0
120,000.00 92,333.00
60,000.00 13,985.97
2,000.00 597.58
$602,250.00 $136,855.55
$764,448.00 $163,710.14

 

$40,353.64 $111,092.40
Cash in Banks:

METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

ATLANTA, GEORGIA

STATEMENT OF FINANCIAL CONDITION

MARCH 31, 1967

ASSETS

C &amp; S National Bank

First National Bank - Payroll
Trust Company of Georgia

Fulton National Bank - Section 9

Investments:

U. S. Treasury Bills
U. S&amp;S. Treasury Bills - Section 9

Petty Cash

Accounts Receivable:
Clayton County
DeKalb County
Gwinnett County -
Gwinnett County -

TOTAL ASSETS

Accounts Payable
Payroll Taxes Withhe

Reserves:

1967
1966

LIABILITIES

ld and Accrued

Parsons, Brinckerhoff-Tudor-Bechtel:

Section 9 Matching
Retained Agreement
Transportation S

tudy

Public Information

Right-of-Way Pro
Surveying

TOTAL LIABILITIES

SURPLUS

cedure Study

 

$30,354.81
6,543.55
1,000.00
5,313.88
70,261.29
34,686.12
25.00
$ 5,797.50
20,692.50
4,552.50
4,552.50 _35,595.00
$ 124.18
2,046.01
62,333.00
$ 301.07
1,193.63
0
6,689. 36 8,184.06

 

$183,779.65

72,687.25

$111,092, 40
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                    <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLE NN BU ILD ING / ATLANTA , GEORG IA 30303 / AREA CODE 404 524 -5711
OFFICERS:
Richa r d H. Ri ch , Cha irm an
Roy A. Blou nt, Vice Chair man
Gl e nn E. Bennett , Se cretary
March 29, 1967
Henry L. Stu a rt , General Ma n ager
GENERAL MANAGER'S QUARTERLY REPORT OF CONTRACT STATUS,
MARCH 31, 1967.
Cons i derable progress has been made under our several contracts and a detailed review is timely.
Our contractural obli-
gat i ons total $962,566 of which $616,709 (64¾) represents the
federal porti on and $345,857 represents the local matching funds.
The status of work shown is as of February 28, 1967:
I ..
The
11
701 11 Contracts signed June 28, 1966 tot(';ll $183,566 of
which the federal portion is $122,376.
The local portion of
Trans i t Authority funds is $61,189, all of which has been
paid to the ARMPC who is administering the work for us.
These p r o j ects are to update the 1962 report in its entirety.
The updated revisions will appear as a technical version and
a popular v ersion of a bound report similar in format to the
1 962 r epor ts ~
Ao
The wo r k is in three par tso
Ha mmer o Gr een e r Siler Associates has a $48 , 000 contr a c t
t o upd a te t he f inancing aspects whi c h is a b o ut 70¾ c omplete o
I t c o v e rs:
lo
Methods o f financing .
2o
Source s o f fina ncing .
3o
Derivation o f f ormula for sharing the financial
- 1 -
�load between the several political jurisdictions.
4.
Assistance to local governments to eva~uate their
financial ability.
5.
Preparation of a financial plan in line with the
above.
B.
PBTB has a $100,000 contract to update the other parts
of the 1962 report which is about 70¾ complete.
It
covers:
1.
Route and station locations (90¾ complete).
2.
Patronage, revenues and operating cost predictions
(75¾ complete).
3.
c.
Report preparation (20¾ complete).
ARMPC will use the remaining $35,566 for administration
and supervision of the HGS and PB-T-B contracts, its own
staff's work and auditing and overhead char9eable to the
entire updating project.
Each of these units of work provides inputs to the others so
they will continue to move ahead on a common front and should
be wrapped up this summer.
is May 2, 1967.
The contractural completion date
The work was considerably delayed by the
late development of travel statistic~ by the Highway Department and the completion date will not be met.
The necessary
statistics are now in hand and the work is moving ahead at
a good pace.
Our total project will not be damaged by the
delay.
II.
The
11
702 11 Contract signed June 28, 1966 is for $125,00 0 with
PB- T-B to carry out preliminary engineering work on the
- 2 -
�system from Oglethorpe to the Airport.
This is an interest-
free federal loan that must be repaid when construction
begins.
No local funds are involved.
The preliminary
engineering work will be ·in suffic;ient detail to Gnable us
to initiate right of way acquisition, to provide us with
highly refined estimates of construction costs, and to provide us with a solid point of departure for the development
of final, detailed design and the preparation of contract
&gt;·
plans and specifications.
Funds are requisitioned from HUD
in the exact amount required when we are invoiced.
$30,000 requisition and payment has been made.
One
The contract
is 44% complete. It covers:
A.
B.
Establishment of design basis by developing information
on:
(65% complete)
1.
Utilities.
2.
Existing building foundations.
3.
Subsurface structures.
4.
Street and highway facilities.
5.
Railroad structures.
6.
Geology.
Preliminary design of typical and of selected special
items (49% complete):
1.
Structures.
2.
Stations.
3.
Functional layout of Transit Center.
4.
F~nctional layout of shops an&lt;:\ yards.
= 3 -
..,
·,
�5.
c.
n.
Equipment requirements.
Preliminary engineering plans
1.
Base maps.
2.
Alignment of tracks.
3.
Station sites.
(45% 1complete):
Cost estimates (not started):
1.
Construction.
2.
Right of way.
The cont,ract carries a completion date of June 30, 1~67, but
we have decided to integrate this work with the work being
don~ under the technical studies grant (below).
As a result,
all of the preliminary engineering for the 44-mile system . Doraville-Forest Park and west from Hightower Road to I-285
and east frqm ~vondale Estates to I-285 - is being done simultaneously, aimed at a completion date of O,ecem'ber 31, 1968.
III. The Technical studies Grant (Section 9) Contracts are for a
total of $ 554,000 of which the federal portion is $369,333,
and the local portion is $184,667.
Federal funds are re-
quisitioned quarterly in advance at a raie ipdicated by
prog~ess of the work and the terms of the contracts.
has been requisitioned and received.
$40,000
$20,000 of local funds
must be deposited to this account out of our next receipts.
I anticipate that we will be invoiced for parts of this work
in May, 1967 .
The wo;k is divided into three parts and contracts have just
been signed and work is just getting und,r way.
A.
PB-T-B has a contract signed February 2, 1967 for $500,000
-
4 -
�covering:
1.
Preliminary Engineering:
(a)
East Line to I-285.
(b)
West Line to I-285.
(c)
Northeast Line - Oglethorpe to Doraville.
(d)
South Line Airport to Forest Park.
2.
Support at public hearings on whole system.
3.
Formal Technical Report on all preliminary en9ineering (702 and Section 9).
B.
ARMPC has a contract signed March 10, 1967 for $49,000
to make a Corridor Impact Study.
$9,000 covers the
supervision and overhead they will provide to the subcontracts, Eric Hill Associates, who will do most of the
work of assessing the impact of our proposed rapid transit
system on the community.
We will receive recommendations
for changes in community plans or rapid transit plans in
the event that adverse impact or missed opportunities are
discovered.
The sub-contracts will check up on our relationship to:
1.
Land use and related controls.
2.
Public improvements planning.
3.
Urban design.
4.
Lo cal deve lopme nt pla n s.
S.
Urban ren ewal pro jects.
6.
Private d e v el o pment plans.
7.
Benefit to disadvantaged groups.
8.
Other public programs.
- 5 -
�c.
Our impact on the Atlanta Transit will be substantial
and $5,000 has been reserved to start studies in this
field .
More money will be sought in future applications.
I am in touch with ATS officials to dete~mine the character of necessary study and plans .
IV.
The Retainer Agreement is a contract with PB-T-B for planning,
Consultant, or engineering services not covered by existing
contracts .
Each item of work is authorized and budgeted by
the Board.
PB-T-B cannot initiate any work under this con-
tract that will cause total charges under the contract to exceed $100,000.
Its condition as of March 31, 1967 is as
follows:
Billing
1/1/673/31/67
Pre-contract work
(Billing is complete)
$
Total
Reported
12/31/66
Thru
3/31/67
964.61
$27,436.00
$28,400.61
2,249.45
10,448.39
12,697.84
387.38
811.55
1,198.93
Support before State Properties Control Commission
($1,000 authorized)
Complete
1,073.99
1 , 073 .99
Soi l s Library Study
($1400 author i zed)
Complete
1 ,468 . 50
1,468.50
P ublic Relati o ns Su ppor t
( $2, 000 autho rized)
446.71
359.66
806.37
Real Estate Co nsultati o n
($1250 autho r i zed)
(Billing is c omplete )
1,443.12
1,443.12
310.64
310.64
Mobilization &amp; Relocation (6 out of 8
authorized moves have
been made.)
Participa t ion in Atlanta
Area Transportation Study
($1500 authorized)
Detailed Engineering
($2,000 authorized 1/3/67)
($5,000 authorized 3/7/67)
Total Expenditures
$5,801.91
Unexpended Authorizations
$41,598.09
$47,400.00
$ 8 , 184 . 06
Balance
$44 ,4'15 e 94,
-
6 -
�The road ahead:
We have had one round of discussions with the Uo
s.
Depart-
ment of Housing and Urban Development about the next application
we should file o
Matching funds for this grant will be those appro-
priated by the 1967 General Assemblyo
The applicati'on will cover:
lo
Title searches of selected right-of-way parcels.
2o
Early acquisition of critical right-of-way parcelso
3o
A plan for relocation of uprooted personso
4o
Employment of Urban Planning (architectural) consultants.
So
Continued work on Atlanta Transit System impact and
coordination plan e
60
First steps in detailed design of Transit Center.
7o
Financial operations plan and organization.
8.
Preservation of historical sites and structures.
Target date for this application is July 1 , 1967.
Further
conferences with HUD people will ca1 ,~fully refine the particulars
of the above o
Item 2 has top priori ty o
-
7 -
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

OFFICERS:

Richard H. Rich, Chairman
Roy A. Blount, Vice Chairman
Glenn E. Bennett, Secretary

March 29, 1967 Henry L. Stuart, General Manager

GENERAL MANAGER'S QUARTERLY REPORT OF CONTRACT STATUS,

MARCH 31, 1967.

Considerable progress has been made under our several con-

tracts and a detailed review is timely. Our contractural obli-

gations total $962,566 of which $616,709 (64%) represents the

federal portion and $345,857 represents the local matching funds.

The status of work shown is as of February 28, 1967:

Le

The "701" Contracts signed June 28, 1966 total $183,566 of
which the federal portion is $122,376. The local portion of
Transit Authority funds is $61,189, all of which has been
paid to the ARMPC who is administering the work for us.

These projects are to update the 1962 report in its entirety.
The updated revisions will appear as a technical version and
a popular version of a bound report similar in format to the
1962 reports. The work is in three parts.

A. Hammer, Greene, Siler Associates has a $48,000 contract

to update the financing aspects which is about 70% com-

plete. It covers:
1, Methods of financing.

2. Sources of financing.

3- Derivation of formula for sharing the financial
Lis

load between the several political jurisdictions.
4. Assistance to local governments to evaluate their
financial ability.
5. Preparation of a financial plan in line with the
above.

B. PBTB has a $100,000 contract to update the other parts
of the 1962 report which is about 70% complete. It
covers:

l. Route and station locations (90% complete).

2. Patronage, revenues and Operating cost predictions
(75% complete).

3, Report preparation (20% complete).

C. ARMPC will use the remaining $35,566 for administration
and supervision of the HGS and PB-T-B contracts, its own
staff's work and auditing and overhead chargeable to the
entire updating project.

Each of these units of work provides inputs to the others so

they will continue to move ahead on a common front and should

be wrapped up this summer. ‘The contractural completion date
is May 2, 1967. The work was considerably delayed by the
late development of travel statistics by the Highway Depart-
ment and the completion date will not be met. The necessary
statistics are now in hand and the work is moving ahead at

a good pace. Our total project will not be damaged by the

delay.

The "702" Contract signed June 28, 1966 is for $125,000 with

PB-T-B to carry out preliminary engineering work on the

=2-*
system from Oglethorpe to the Airport. This is an interest-
free federal loan that must be repaid when construction
begins. No local funds are involved. The preliminary
engineering work will be in sufficient detail to enable us
to initiate right of way acquisition, to provide us with
highly refined estimates of construction costs, and to pro-
vide us with a solid point of departure for the development
of final, detailed design and the preparation of contract
plans and specifications. Funds are requisitioned from WUD
in the exact amount required when we are invoiced. One
$30,000 requisition and payment has been made. The contract
is 44% complete. It covers:
A. Establishment of design basis by developing information

on: (65% complete)

1. Utilities.

2. Existing building foundations.

3. Subsurface structures.

4, Street and highway facilities.

5. Railroad structures,

6. Geology.
B. Preliminary design of typical and of selected special

items (49% complete) :

1. Structures.

2. Stations.

3. Functional layout of Transit Center.

4. Functional layout of shops and yards.

a See
IIt.

5. Equipment requirements.
Cc. Preliminary engitdertig plans (45%' complete) :

1. Base maps.

2. Alignment of tracks.

3. Station sites.
D. Cost estimates (not started):

1. Construction.

2. Right of way.
The contract carries a completion date of June 30, 1967, but
we have decided to integrate this work with the work being
done under the technical studies grant (below). As a result,
all of the preliminary engineering for the 44-mile system -
Doraville-Forest Park and west from Hightower Road to I-285
and east from Avondale Estates to I-285 - is being done simul-
taneously, aimed at a completion date of December 31, 1968.
The Technical Studies Grant (Section 9) Contracts are for a
total of $554,000 of which the federal portion is $369,333,
and the local portion is $184,667. Federal funds are re-
quisitioned quarterly in advance at a rate indicated by
progress of the work and the terms of the contracts. $40,000
has been requisitioned and received. $20,000 of local funds
must be deposited to this account out of our next receipts.
I anticipate that we will be invoiced for parts of this work
in May, 1967.
The work is divided into three parts and contracts have just
been signed and work is just getting under way.
A. PB-T=-B has a contract signed February 2, 1967 for $500,000

= 4 =
Be

covering:
1. Preliminary Engineering:
(a) East Line to I-285.
(b) West Line to I-285.
(c) Northeast Line - Oglethorpe to Doraville.
(ad) South Line Airport to Forest Park.
2. Support at public hearings on whole system.
3. Formal Technical Report on all preliminary engineer-
ing (702 and Section 9).
ARMPC has a contract signed March 10, 1967 for $49,000
to make a Corridor Impact Study. $9,000 covers the
supervision and overhead they will provide to the sub-
contracts, Eric Hill Associates, who will do most of the
work of assessing the impact of our proposed rapid transit
system on the community. We will receive recommendations
for changes in community plans or rapid transit plans in
the event that adverse impact or missed opportunities are
discovered.
The sub-contracts will check up on our relationship to:
1. Land use and related controls.
2- Public improvements planning.
3. Urban design.
4, Local development plans.
5. Urban renewal projects.
6. Private development plans.
7. Benefit to disadvantaged groups.

8. Other public programs.
Cc. Our impact on the Atlanta Transit will be substantial
and $5,000 has been reserved to start studies in this
field. More money will be sought in future applications.
I am in touch with ATS officials to determine the charac-

ter of necessary study and plans.

IV. The Retainer Agreement is a contract with PB-T-B for planning,
Consultant, or engineering services not covered by existing
contracts. Each item of work is authorized and budgeted by
the Board. PB-T-B cannot initiate any work under this con-
tract that will cause total charges under the contract to ex-
ceed $100,000. Its condition as of March 31, 1967 is as

 

follows:
Billing Total
1/1/67- Reported Thru
3/31/67 12/31/66 3/31/67

Pre-contract work

(Billing is complete) $ 964.61 $27,436.00 $28,400.61

Mobilization &amp; Reloca-

tion (6 out of 8

authorized moves have

been made.) 2,249.45 10,448.39 12,697.84

Participation in Atlanta

Area Transportation Study

($1500 authorized) 387.38 811.55 1,198.93

Support before State Pro-

perties Control Commission

($1,000 authorized) Complete 1,073.99 1,073.99

Soils Library Study

($1400 authorized) Complete 1,468.50 1,468.50

Public Relations Support

($2,000 authorized) 446.71 359.66 806.37

Real Estate Consultation
($1250 authorized)
(Billing is complete) 1,443.12 ~ 1,443.12

Detailed Engineering
($2,000 authorized 1/3/67)

($5,000 authorized 3/7/67) 310.64 = 310.64
Total Expenditures $5,801.91 $41,598.09 $47,400.00
Unexpended Authorizations $ 8,184.06
Balance $44,415.94

58 =
The road ahead:

We have had one round of discussions with the U. S. Depart-

ment of Housing and Urban Development about the next application

we should file. Matching funds for this grant will be those appro-

priated by the 1967 General Assembly. The application will cover:

1.

26

6.
Te

8.

Title searches of selected right-of-way parcels.

Early acquisition of critical right-of-way parcels.

A plan for relocation of uprooted persons.

Employment of Urban Planning (architectural) consultants.
Continued work on Atlanta Transit System impact and
coordination plan.

First steps in detailed design of Transit Center,
Financial operations plan and organization.

Preservation of historical sites and structures.

Target date for this application is July 1, 1967. Further

conferences with HUD people will caivefully refine the particulars

of the above. Item 2 has top priority.
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                    <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BU ILDIN G / ATLANTA , GEORGIA 30303 / AREA CODE 404 524 - 5711
OFFICERS:
Richard H. Ric h , Chairman
Roy A. Blount, Vice Chairman
Glenn E. Bennett , Secretary
April 5, 1967
Henry L. Stuart , Genera l Manage r
Honorable Ivan Allen, Jr., Mayor
City of Atlanta
City Hall
Atlanta, Ga. 30303.
Dear Mayor Allen:
I am enclosing financial statements of the Metropolitan
Atlanta Rapid Transit Authority as of March 31, 1967, as required under Section 16(b) of the 1965 MARTA Act No. 78.
With kindest regards.
Sincerely,
HLS:JJ
Enclosure.
cc:
Mr. Charles L. Davis, City Comptroller
City of Atlanta
501 City Hall
Atlanta, Ga. 30303.
Copy of financial statement attached .
H.L.S .
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

~ OFFICERS:

IY Richard H. Rich, Chairman

Roy A, Blount, Vice Chairman
J ‘ Glenn E. Bennett, Secretary
pf 7
( ABELL 24 128 Henry L. Stuart, General Manager

Honorable Ivan Allen, Jr., Mayor
City of Atlanta

City Hall

Atlanta, Ga. 30303.

Dear Mayor Allen:

I am enclosing financial statements of the Metropolitan
Atlanta Rapid Transit Authority as of March 31, 1967, as re-
quired under Section 16(b) of the 1965 MARTA Act No. 78.

With kindest regards.

Sincerely,

General Manager.

HLS:JJ
Enclosure.

cc: Mr. Charles L. Davis, City Comptroller
City of Atlanta
501 City Hall
Atlanta, Ga. 30303.

Copy of financial statement attached.
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                    <text>METROPOLI TAN ATLANTA RAPID TRANSITY AUTHORITY
ATLANTA, GEORGIA
BUDGET RE PORT
MARCH 31, 1967
Unappropriated Sur plus
BUDGET
ACTUAL
JANUARY 1, 196 7
TO
MARCH 31, 196 7
$128 , 281.64
$128,281.64
$ 84,030 . 00
23,190.00
82,770.00
91,800.00
18, 210.00
$ 21,007 . 50
5,7 97.50
20 ,6 92 .50
22.,950 . 00
4 ,552.50
INCOME
Appropriations:
Cit y of Atlanta
Clay ton Count y
DeKa l b County
Fulton Count y
Gwi nne t t Count y
Sub - Tota l s
Int e rest Income
Federal Funds:
702 Loan
Sec tion 9 Grant
$300 ,000 . 00
$ 5,5 20.00
$ 1,520 . 90
$ 95 , 000.00
276,000.00
$ 30 ,000.00
40,000.00
Sub-Tot a ls
$371,000.00
$ 70,000.00
TOTAL INCOME
$6 76,520.00
$146,5 20.90
TOTAL I NCOME AND UNAPPROPRIATED SURPLUS
S8Qfi. 8Ql 6~
$274 ,802 .54
$ 68,950.00
10 , 500.00
$ 12,487.6 5
1 ,792 .7 9
1 , 109. 00
533 .00
1,680. 00
10 , 000.00
99 . 00
53 2 . 71
133.34
241. 71
0
0
$ 92,871. 00
$ 3,150.00
$ 15,188 . 20
900.00
$
$ 75,000 . 00
EXPENSES
Sta ff Co sts:
Salaries
Ex pens e s
Benef it s:
Social Security
Guaranty Fund
Health and Accid ent Insurance
Re t irement
Wor kme n 's Compansa tion
Sub-Totals
Board Meeting s
Administrative and Office Overhead:
Rent
Communica t i ons a nd Po s tage
Furniture and Equipment
Supp l ies
Printing
Auditor
Accoun tant
Public In formation
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond
Sub-Totals
CARRIED FORWARD
$
3,000.00
2, 000 . 00
2, 000 . 00
3,600.00
1 ,000.00
25 0.00
1 , 000.00
33, 000 . 00
$
72 . 00
56. 00
199.00
~ 46 I 177. 00
$142,198.00
75 0.00
36 3. 03
0
628.15
623.56
250.00
0
5, 058.91
0
0
0
$
7,673. 65
$ 23,761.85
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
1967
ACTUAL
JANUARY 1, 196 7
TO
MARCH 3L 196 7
$804.801.64
$274.802.54
$142.198.00
$ 20.000.00
$ 23.761.85
$ 3.092.74
$ 31,250.00
$ 29,939.00
EXPENSES
Brought Forward
Counsel
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 ~tching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan
Section 9:
Federal
Matching
Retainer Agreement
Research and Technical Services
32,667.00
16,333.00
0
0
3,333.00
1,667.00
0
0
95,000.00
0
240,000.00
120,000.00
60,000.00
2.000.00
0
92,333.00
13,985.97
597.58
$602.250.00
$136.855.55
TOTAL EXPENSES
$764.448.00
$163.710.14
SURPLUS
~
nu.Q22.~Q
Sub-Totals
~Q.J5J,6~
�r
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
MARCH 31, 1967
ASSETS
Cash in Banks:
C &amp; S National Bank
First National Bank - Payroll
Trust Company of Georgia
Ful t on National Bank - Section 9
$30,354.81
6,543.55
1,000.00
5,313.88
Investments:
U. S. Treasury Bills
U. S. Treasury Bills - Section 9
70,261.29
34,686.12
25.00
Petty Cash
Accounts Receivable:
Clayton County
DeKalb Count y
Gwinnett County - 1967
Gwinnett County - 1966
$ 5,797.50
20,692.50
4,552.50
4,552.50
35,595.00
TOTAL ASSETS
$183,779.65
LIABILITIES
Accounts Payable
$
Payroll Taxes Withhe ld and Ac crued
Re serves:
Parsons , Br inc kerho f f-Tudor-Bechtel:
Sect i on 9 Ma t chi ng
Retained Agreemen t:
Transportation Study
Public Information
Right - of-Way Proc edure Study
Surveying
TOTAL LIABILITIES
SURPLUS
124. 18
2,046.01
62 ,333.00
$
301. 07
1,193.63
0
6,689.36
8,184.06
72, 687. 25
$111,092. 40
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              <text>METROPOLITAN ATLANTA RAPID TRANSITY AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
MARCH 31, 1967

 

 

 

 

 

 

 

 

 

 

 

 

ACTUAL
JANUARY 1, 1967
TO
BUDGET MARCH 31, 1967
Unappropriated Surplus $128,281.64 $128,281.64
INCOME
Appropriations:
City of Atlanta $ 84,030.00 $ 21,007.50
Clayton County 23,190.00 5,797.50
DeKalb County 82,770.00 20,692.50
Fulton County 91,800.00 22.,950.00
Gwinnett County 18,210.00 4,552.50
Sub-Totals $300,000.00 $ 75,000.00
Interest Income $5,520.00 $1,520.90
Federal Funds:
702 Loan $ 95,000.00 $ 30,000,00
Section 9 Grant 276,000.00 40,000,00
Sub-Totals $371,000.00 § 70,000.00
TOTAL INCOME $676,520.00 $146,520.90
TOTAL INCOME AND UNAPPROPRIATED SURPLUS $804,801.64 $274,802.54
EXPENSES
Staff Costs:
Salaries $ 68,950.00 $ 12,487.65
Expenses 10,500.00 1,792.79
Benefits:
Social Security 1,109,00 Sap h
Guaranty Fund 533.00 133.34
Health and Accident Insurance 1,680,00 241,71
Retirement 10,000.00 0
Workmen's Compansation 99.00 0
Sub-Totals $_ 92,871.00 $ 15,188.20
Board Meetings $3,150.00 $ 900,00
Administrative and Office Overhead:
Rent $ 3,000.00 $ 750.00
Communications and Postage 2,000.00 363.03
Furniture and Equipment 2,000.00 0
Supplies 3,600, 00 628.15
Printing 1,000, 00 623.56
Auditor 250,00 250.00
Accountant 1,000.00 0
Public Information 33,000.00 5,058,91
Insurance:
Public Liability 72.00 0
Depository and Forgery 56.00 0
Fidelity Bond 199.00 0
Sub-Totals $ 46,177.00 $ 7,673.65

 

CARRIED FORWARD $142 ,198,00 $ 23,761.85
METROPOLITAN ATLANTA RAPID TRANSIT
ATLANTA, GEORGIA
BUDGET REPORT

MARCH 31, 1967

TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD

EXPENSES

Brought Forward
Counsel
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 Matching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parsons, Brinckerhoff£-Tudor-BechtelL:
702 Loan
Section 9:
Federal
Matching
Retainer Agreement
Research and Technical Services

Sub-Totals
TOTAL EXPENSES

SURPLUS

 

 

 

 

 

AUTHORITY
ACTUAL
JANUARY 1, 1967
TO
1967 MARCH 31, 1967
$804,801.64 $274,802.54
$142,198.00 $ 23,761.85
$ 20,000.00 $ 3,092.74
$ 31,250.00 $ 29,939.00
32,667.00 0
16,333.00 0
3,333.00 0
1,667.00 0
95,000, 00 0
240,000.00 0
120,000, 00 92,333.00
60,000.00 13,985.97
2,000.00 597.58
$602,250.00 $136,855.55
$764,448.00 $163,710.14
$40,353.64 $111,092.40
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

ATLANTA, GEORGIA

STATEMENT OF FINANCIAL CONDITION

MARCH 31, 1967

ASSETS

Cash in Banks:

C &amp; S National Bank

First National Bank - Payroll

Trust Company of Georgia

Fulton National Bank - Section 9
Investments:

U. S. Treasury Bills

U. S. Treasury Bills - Section 9
Petty Cash
Accounts Receivable:

Clayton County

DeKalb County

Gwinnett County - 1967

Gwinnett County - 1966
TOTAL ASSETS

LIABILITIES

Accounts Payable
Payroll Taxes Withheld and Accrued

Reserves:
Parsons, Brinckerhoff-Tudor-Bechtel:
Section 9 Matching
Retained Agreement:
Transportation Study
Public Information
Right-of-Way Procedure Study
Surveying

TOTAL LIABILITIES

SURPLUS

 

$30,354.81
6,543.55
1,000.00
5,313.88
70,261.29
34,686.12
25.00
$ 5,797.50
20,692.50
4,552.50
4,552.50 — 35,595.00
$ 124.18
2,046.01
62,333.00
$ 301.07
1,193.63
0
6,689. 36 8,184.06

 

$183,779.65

72,687.25

$111,092.40
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                    <text>--·
-
-
. _ . _,,. _ _ _ _ _ _ _ _
- --
- - -
-
.
· · --
..... _
.
1
As noted, relatively small payments would be required in the early
years of construction of the transit system.
MARTA's bond issues could be
modest because of the initial availability of sizable Federal funds under
the given assumption.
Subsequently, however, the impact upon the local
governments would be more substantial.
Followi_ng is the schedule of mill_age rates that would need to be
levied _against the net property digests in each county in order to meet ·
the indicated payments set for~h in Table 5, above:
Fulton
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
.7
.7
1.6
1.5
2.6
2.4
3.3
3.6
3.6
3.2
3.0
2.7
2.5
2.4
2.2
DeKalb
.4
.4
.9
.9
1.5
1.3
1.8
1.9
1.9
1. 7
1.6
1.4
1.2
1.1
1.1
.-.
It is possible and it would be desirable to reschedule these levies
t o provide more substantial payments in the earlier years .and lower payments during the peak years between 1975 and 1978.
It is recommended that
an a l t ernat ive s chedule of taxes might be considereq, which would make
- 42HAMMER.O R &amp;lN&amp; . BI L ER AiiOOIATEi
(
I
�·-
-- - - -- - -- - -- - - ·- - -- - -
~
. . _.·_ -··- --- - · ~--· 1.. - -·
.
- -----··-. .·-.,_.· ..___... .
..- _......
~·
~~
~
pos sible a ceiling of on l y three mills in Fulton County in the peak years
and a ceili_ng of 1. 6 mills in DeKalb County.
This revised schedule would
produce more funds in the earlier years than would be needed if the MARTA ·
. bond program set forth herein is followed.
However, this bond program ·
eould g g ~gVisea to make use el ~he avai labl e funds i n the early years
and advance, purchases of land with these additional funds could well save
· a substantial amount of money in face of risi_ng land values in the area.
The recommended schedule of county payments and millage rates for
MARTA bond financing is set forth below in Table 6.
The peak year payments
would be substantially reduced under this schedule and the peak impact upon
local taxpayers would be corrospondingly less ~
Table 6.
RECOMMENDED COUNTY PAYMENTS AND MILLAGE
RATES, MARTA BOND ALTERNATIVES
Millage Rat es
Fu lton
DeKalb
County
County
1969
1970
1971
1972
1973
1974
19 75
19 76
19 77
19 78
1979
1980
1981
1982
1983
1.5
1.5
2. 0
2. 0
2.5
2.5
3. 0
3. 0
3. 0
3. 0
3. 0
2,5
2.5
2.3 /
2.2 ·
1. 0
1.0
1.1
1. 1
1. 4
1.4
1.6
1.6
1.6
1. 6
1. 5
1.3
1.2
1.1
1.1
Doll ar Amounts ( 000 )
Ful ton
DeKa l b
County
County
$2,783
2 ,925
4 ,098
4 ,3 24
5, 698
6,015
7 , 62 9
· 8 ,064
8, 526
9, 033
9, 576
8,4 59
8, 97 3
8,893
8,8 93
$1,081
1 , 158
1,367
1, 48 9
2, 05 4
2, 169
2,7 51
2 ,907
3, 074 ·
3 , 257
3,453
3,048
3,235
3,206
3,206
(These level annual payments
to the complete retirement of
bond issues b_eginning in 1997)
- 43HAMMIR , QRiENi.BILiR A88001ATl8
/
.
·-. -.
�Table 7.
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
RECO~lENDED COUNTY PAYMENTS AND MILLAGE RATES,
GOVERNMENT OBLIGATION BOND ALTERNATIVE
Millage
Fulton
Countl
1.5
1.5
2.0
2.0
2.5
2.5
2.5
2.5
2.5
2.5
2.4
2.3
2.1
2.0
1.9
Rates
DeKalb
Countl
1.0
1.0
1.1
1.1
1.4
1.4
1.3
1.3
1~3
.l. 3
1. 2
1.1
1.0
1.0
,.,.
Dollar Amounts (000)
DeKalb
Fulton
County
County
.9
$3,015
3,162
4,420
4,654
6,120
6,448
6,800
7, l 70
7,568
8,000
8,124
8,234
7,959
8,026
8,076
$1,230
1,312
1,545
1,653
2,260
2,416
2,452
2,585
2,729
2,884
2,929
2,968
2,870
2,894
2,912
(The level annual
payments to the complete retirement of ·
bond issues b_e ginning
in 1997)
It is to be noted that the peak mill_a ge requirements under GO financing
.
(
would be substantially lower than in the case of government payments to underwrite MARTA bond issues.
This is true because the overall financi_n g cost is
lower and the gross rather than the net d_:l..gest is used as basis for the
calculations.
The lower interest charges are by all odds the most important
factor in this lower impact, the difference between_ gross and net digest being
relatively small.
As already mentioned, however, the reduced millage rate
does not necessarily produce a lower tax for the residential taxpayer because
the homestead exemption is not applicable~
Following are representative
figures on the tax impact of the maximum millage under GO bond financi_n g, and
these figures might be compared with the earlier figures for servici_n g MARTA
revenue bonds:
HAMMIR ,8R IINl . l l l l R AIIOOIATII
�t~ - ~. . -----· -- ------------ -- - --
- - -- - - -
' •; ,. .
"·- ··· ··-- .;----, -~~- -- _r-:. .
. :·-:· .-:- _ ·-:. "'.'·':~•· . . , ·.""'. -:_-.: _ ·. .- · . ·-A;· . ~s·--···:;:
..;_;_=..,:.::=.=:..:::_::..::.....,,::_,__:__~,=..~=:::::..::.;c...:.:..:::::.==......;.c;:;~~
'
r
r
Fulton
DeKalb
2.5
1.4
1973-78
1973-74
$15.00
$20.00
$25.00
$ 8.40
$11.20
$14.00
Maximum millage
needed for GO Bond
·financing
Years of maximum
Annual cost of
maximum millage to ·
owner of loan withli
market valu·e of:
$15,.060
2·0 ,.oo·o
is-;ooo
The projected gross and net tax digests/used as a basis for all of the
for_e going calculations are shown in Chart 2. ·
Combination of Approaches
There· is no reason, of course, why both methods of financi_n g m_ight not
be employed by the local_ governments in meeting their obl_igations to MARTA,
for constructing the rapid transit system -- the collection. of property taxes
to support the issuance of MARTA bonds plus the issuance of general obligation
bonds by the governments themselves.
The act establishing MARTA clearly rec_o gnized this possibility, as follows:
"A local government may elect any.method provided in this
section to finance the participation required of it in
whole or in part, and the election of one method shall
not preclude the election of another method with respect
thereto or with respect to any additional or supplementary
participation determined to be necessary ."
As a purely practical matter, there would be a number of distinct advantages
o both Fulton and DeKalb counties in employi_n g both methods .
It would make
ossible the use of available GO bond capacity with the consequent saving in
·nt erest charges but it would not demand too much of that capacity in compet~tion
ith other capital improvement needs.
It would give each government_ greater


..S Q-


HAMMIR.ORIINI . IILIR AIIOGIATII
�'
- - - - - - - - - - - -~'-----···--~! ,:.___ . . -_:_ ____ . . ··.··. -------- . . . . --. ,. . ., :
.
--· - ·
__.,
.
,
The reason for the lower local requirements for the _52-mile system in
..
the 1973-76 period, of- course, is the projected availability of
$100,000,000 more in Federal money.
This fact, plus the shari_ng of the local
cost by four instead of two governments, would produce an actually lowe,r demand upon Fulton and DeKalb for the larger system in a number of years.
~
...
Table 9 .
COMPARATIVE MILLAGE RATES NEEDED TO
SUPPORT 30~MILE AND · 52~MILE SYSTEMS
1/
30-Mile SystemDeKalb
Fulton
Fulton
52-Mile System.!/
Gwinnett
DeKalb
Clayton
1969
1970
1971
1972
1.5
1.5
2.0
2.0
1.0
1.0
1.1
.1.1
1.5
1.5
2.0
2.0
1.0
1.0
1.1
1.1
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
et seq
2.5
2.5
3.0
3.0
3.0
3.0
3.0
2.5
2.5
2.3
1.4
1.4
1. 6
1. 6
1.6
1.6
1.5
1.3
1. 2
1.1
1.1
2.0
2.0
2.5
2.5
3.0
3.0
2.8
2.8
2.6
2.4
2.3
1.1
1.1
1.4
1.4
1.6
1.6
1.4
1.4
1. 3
1.2
1.1
2.2
y
y
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5


 LS


From Table 6 . Assumes $100,000,000 in
Federal and $33,000,000 iri&gt;state funds.
Assumes $2 00,000,000 in Federal and
$48,000,000 in state funds .
- 56HAMM E A ,G AE &amp;N E,IILlA A IIUO IAT E8
(
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              <text> 

 

As noted, relatively small payments would be required in-the early

years of construction of the transit system.

modest because of the initial availability of sizable Federal funds under

MARTA's bond issues could be

the given assumption. Subsequently, however, the impact upon the local

governments would be more substantial.

Following is the schedule of millage rates that would need to be

levied against the net property digests in each county in order to meet

the indicated payments set foreh in Table 5, above:

1969
1970
1971
1972
1973

' 1974

1975
1976
LOTT
1978
1979
1980
1981
1982
1983

Fulton

.

NNNNWAWAWWAWNNH HB

DeKalb

if

HP RPNADUOCOBOUNOOR

ee

It is possible and it would be desirable to reschedule these levies

to provide more substantial payments in the earlier years and lower pay-

ments during the peak years between 1975 and 1978. It is recommended that

an alternative schedule of taxes might be considered, which would make

mA Qa

 

HAMMER.OGAREENE.BILER ASSOOIATES

oS

 

 
 

ml certo ceieanly main resmctincine attee ai hates

 

 

 

possible a ceiling of only three mills in Fulton County in the peak years

and a ceiling of 1.6 mills in DeKalb County. This revised schedule would

produce more funds in the earlier years than would be needed if the MARTA’

bond program set forth herein is followed. However, this bond program

could be revised to make use of the availabie funds in the early years

and advance.

purchases. of land with these additional funds could well save

a substantial amount of money in face of rising land values in the area.

The recommended schedule of county payments and millage rates for

MARTA bond financing is set forth below in Table 6. The peak year payments

would be substantially reduced under this schedule and the peak impact upon

local taxpayers would be corrospondingly less.

1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983

Table 6. RECOMMENDED COUNTY PAYMENTS AND MILLAGE
RATES, MARTA BOND ALTERNATIVES

 

 

 

 

 

Millage Rates Dollar Amounts (000)
Fulton DeKalb Fulton DeKalb
County County County County

1.5 Ls'0 $2,783 $1,081
iS 1.0 2,925 , 1,158
2.0 ieee 4,098 1,367
2.0 Lied 4,324 1,489
2.5 1.4 5,698 2,054
2.5 led... 6,005 2,169
3.0 1.6 7,629 257511
3.0 Li6 °8,064 2,907
3.0 1.6 8,526 3,074
30 1.6 9,033 33,257
3.0 iS 9,576 5,453
2.5 1.3 8,459 3,048
2.5 1.2 8,973 ' 3,235
Zed Ls 8,893 3,206
262 Led 8,893 3,206

(These level annual payments
to the complete retirement of
bond issues beginning in 1997)

AZ

HAMMEA.QGREENE.SILER ABBOOIATES

 

 

 

 

 
_l

I

a a ee oe ee ee ee

 

 

Table 7. RECOMMENDED COUNTY PAYMENTS AND MILLAGE RATES,
GOVERNMENT OBLIGATION BOND ALTERNATIVE

 

 

Millage Rates Dollar Amounts (000)

 

 

 

 

Fulton DeKalb Fulton DeKalb
. County County County County

1969 1.5 1.0 $3,015 $1,230 ‘
1970 iso 1.0 3,162 1,312
1971 2.0° is1 4,420 1,545
1972 2.0 4.1. 4,654 1,653
1973 2.5 1.4 6,120 2,260
1974 2.5 1.4 6,448 2,416
1975 2.5 1.3 6,800 2,452
1976 2:5 1.3 7,170 2,585
1977 255 1.3 7,568 2,729
1978 2.5 1,5 8,000 2,884
1979 2.4 1.2 8,124 2,929
1980 Zaid 1.1 8,234 2,968
1981 2.1 1.0 7,959 2,870
1982 2.0 1.0 8,026 2,894
1983 1.9 9 8,076 2,912

(The level annual
payments to the com-
plete retirement of:
bond issues beginning
in 1997)

It is to be noted that the peak millage requirements under GO financing
would be substantially lower than in the case of government payments to under-
write MARTA bond issues. This is true because the overall financing cost is
lower and the gross rather than the net digest is used as basis for the
calculations. The lower interest charges are by all odds the most important
factor in this lower impact, the difference between gross and net digest being
relatively small. As already mentioned, however, the reduced millage rate
does not necessarily produce a lower tax for the residential taxpayer because -
the homestead exemption is not applicable. Following are representative
figures on the tax impact of the maximum millage under GO bond financing, and

these figures might be compared with the earlier figures for servicing MARTA

revenue bonds: Di ete
. -49. e

 

 

 

HAMMER,.GREENE.DGILER AGBBOGIATER
oe ee ee ee

Nes de nee ete tg fe ne ced ec me fe aes on OS pn Se ne ane
oe Pe se eee —

eg ee ee ee

 

Fulton DeKalb

Maximum millage
needed for GO Bond
financing 2.9 1.4

Years of maximum 1973-78 1973-74

Annual cost of
maximum millage to ~
owner of loan with’
market value of:

$15 ,.000 $15.00 $ 8.40
20 ;000 $20.00 $11.20
25,000 $25.00 $14.00

The projected gross and net tax digests/used as a basis for all of the

foregoing calculations are shown in Chart 2.

Combination of Approaches

 

There is no reason, of course, why both methods of financing might not

be employed by the local governments in meeting their obligations to MARTA
gor constructing the rapid transit system -- the collection of property taxes
to support the issuance of MARTA bonds plus the issuance of general obligation .
bonds by the governments themselves. |

The act establishing MARTA clearly recognized this possibility, as follows:

"A local government may elect any.method provided in this
section to finance the participation required of it in
whole or in part, and the election of one method shall

not preclude the election of another method with respect
thereto or with respect to any additional or supplementary
participation determined to be necessary."

As a purely practical matter, there would be a number of distinct advantages
to both Fulton and DeKalb counties in employing both methods. It would make
possible the use of available GO bond capacity with the consequent saving in
interest charges but it would not demand too much of that capacity in competition

ith other capital improvement needs. It would give each government greater
=50-

 

 

HAMMER,GREGENE,BILER AGBOOIATER cu

 

 

 
&gt;

aus
ee ee et ee ee

 

 

 

 

The reason for the lower local requirements for the 52-mile system in

the 1973-76 period, of course, is the projected availability of

$100,000,000 more in Federal money. This fact, plus the sharing of the local

cost by four instead of two governments, would produce an actually lower de-

mand upon Fulton and DeKalb for the larger system in a number of years.

ad

1969
1970
1971
1972

1973
1974
1975
1976
1S77
1978
1979
1980
1981
1982
1983
et seq

Table 9. COMPARATIVE MILLAGE RATES NEEDED TO

‘SUPPORT 30-MILE AND 52-MILE SYSTEMS

 

 

30-Mile Systen!/ 52-Mile System
Fulton DeKalb Fulton DeKalb Clayton Gwinnett
1.5 1.0 1.5 1.0
1.5 1.0 1.5 1.0
2.0 1.1 2.0 a
2.0 tea 2.0 1.1
2.5 1.4 2.0 i 1.5 1.5
2.5 1.4 2.0 Lyd 1.5 15
3.0 1.6 oe 1.4 1.5 1s
3.0 1.6 2.5 1.4 1.5 1's
3.0 1.6 3.0 1.6 1.5 1.5
3.0 16d » BO 1.6 ae 1.5
3.0 £5 2.8 1.4 1.5 1.5
2:6 1.3 2.8 1.4 15 1.5
3,5 1.2 2.6 1,3 1,5 ib
2.3 1.1 2.4 1.2 Lk 1.5
2.2 1.1 2.5 Led ib 34.8
1/ From Table 6. Assumes $100,000,000 in

Federal and $33,000,000 in state funds.
Assumes $200,000,000 in Federal and
$48,000,000 in state funds.

-56=-

 

HAMMER, GAEENE.BILER AGBOOIATES

 

 
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                    <text>MINUTES OF THE THIRTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
MARCH 7, 1967
The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on March 7, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Richard H. Rich, Chairman, presided.
MEMBERS PRESENT:
Sanford Atwood (DeKalb County)
M. C. Bishop (Fulton County)
Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlan t a)
K. A . McMillon (Gwinnett County)
L. D. Milton (City of Atlanta)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)
MEMBERS ABS ENT:
Edgar Blalock (Clayton County)
Mills B. Lane, Jr. (City of Atlanta)
OTHERS PRESENT:
Metropo litan Atlan ta Rap id Transit Au tho rity :
. H. L . Stuart, Genera l Manager
Gle nn E . Be nn e tt, Secr etary
Robe rt F. Ad a ms o n , Treasu rer
King Elliott , Public Information Direc tor
H. N. Johns o n , Secretary to General Manager
Co nsultants:
J. A. Coil, Resident Manager, Parso ns, Brinckerhof fTudor, Bechtel, Atlanta
Lawrence Gr eene , Hammer, Greene, Siler Associates,
Atlanta
Raul Garcia, Hammer, Greene, Siler Associates, Atlanta
Tom Watson Brown and Harry Morgan, Huie and Harland ,
Legal Counsel for the Authority
�Others:
Charles Haar, Assistant Secretary for Metropolitan
Development, Department of Housing &amp; Urban
Development, Washington
Vincent Hearing, Administrative Assistant, Department
of Housing &amp; Urban Development, Washington
Art Davis, Deputy Director of Land and Facilities
Development, Department of Housing &amp; Urban
Development, Washington
Charlie Sonnebron, Public Relations Director, Department of Housing &amp; Urban Development, Washington
Edward H. Baxter, Regional Administrator , Department
of Housing &amp; Urban Deve l opment, Atlanta
A. Frederick Smith, Acting Assistant Regional Administrator for Program Coordination and Services,
Department of Housing &amp; Urban Development, Atlanta
Thomas J. Armstrong, Acting Assistant Regional Administrator for Metropolitan Development, Department of
Housing &amp; Urban Development, Atlanta
Henry Fillmer, Department of Housing &amp; Urban Development,
Atlanta
Jack Ingram, Department of Housing &amp; Urban Development,
Atlanta
Otis Brumby, Cobb County Observer
J. D. Wingfield, Jr., Planning Director, ARMPC
Rachel Champagne, Assistant to the Ex ecutive Director,
ARMPC
Junie Hamilton, Atlanta Journal
Alex Coffin, Atlanta Constitution
Earl W. Nelson, Deputy Division Director, State Highway
Department of Ohio
The meeting was called to order by the Chairman .
Minutes :
Upon motion by Mr . Blount, seconded b y Mr . Bishop , the read ing of the minute s of the Febru ary meeting was dispensed with
and they were un a nimously appr o v ed .
F i na ncia l Repo r t :
The f i n a n c ia l r e p o rt wa s p r es e nted b y the Ge n e r a l Manag e r.
The s t a t eme nt r e f lected the fact that the counties o f Clayto n,
DeKalb and Gwi n nett were in arr ear s f o r t h ei r 1 967 appro priations. The Gen e ral Manager said h e had bee n in c o n t act with
-
2 -
�these governments and expected payments soon. After a brief
discussion of the format of the statement, it was accepted
by the Board.
The financial statement is attached hereto and made a part
of these minutes.
Progress Reports:
1.
General Manager:
Mr. Stuart reported on a recent trip to W3shington, and
mentioned visits with Congressmen Fletcher Thompson and
Ben Blackburn. He said he had sent information about
MARTA to each of the Congressmen to inform them of ~he
plans for the area and to solicit their help in Congress.
Mr. Stuart had toured the proposed southern line of the
system and mentioned possible alternates. The Chairman
and others discussed the need for the southern line to
serve the stadium if possible.
An application to the State of Georgia for transit funds
was being prepared, and Mr. Stuart said it would be submitted at the appropriate time.
2.
Parsons, Brinckerhoff-Tudor, Bechtel:
Mr. John Coil, Resident Manager of Parsons, BrinckerhoffTudor, Bechtel, reported that his firm had studied alternate southern lines and had developed an alternate which
would generally follow the south expressway.
In answer
to questions by members of the Board, he said access of
this proposed alternate southern line to the airport
terminal should depend upon plans of the local governments
to build a new air terminal. Mr. Coil said coordinated
timing of construction of the two proposed facilities
would be extremely important. The engineers felt that in
the absence of firm plans for relocating the terminal, the
proposed transit line should not be designed to serve that
particular location.
Detailed design of proposed construction in the gulch area
had been reviewed with contractors, who had cooperated in
the design and placement of supporting columns of buildings so as not to interfere with the transit system's
proposed turn - around in the area .
- 3 -
�Mr. Coil said the contractor for aerial photography,
MAPCO, Inc., had been given authority to complete photogrammetry on the east, west, and central lines, in that
order of priority.
Preliminary cost estimates for the 63.5 mile system had
been completed and the engineers were ready to work with
the economic consultants toward further refinement of
those estimates.
Parsons, Brinckerhoff-Tudor, Bechtel had submitted a
plan and profile of the proposed Atlanta system to their
San Francisco office. Through the use of computers there,
a program could be developed showing most economical
speeds and timing between stations.
3.
Hammer, Greene, Siler Associates:
Mr. Lawrence Greene of Hammer, Greene, Siler Associates
reported that a new set of tentative cost estimates by
six breakdowns had been submitted to them by the engineers. More information was to be submitted on estimated
patronage and a cost schedule by years.
The Hammer firm was developing final figures on required
participation by the local governments. Analyses of costs
being developed would include the total system, including
the Cobb County portion.
In response to questions of Boa rd members, it was e x plained further by Mr. Greene and Mr. Coil that cost
estimates would be prepared for (1) the initial system;
(2) the intermediate system (about 36 miles, with e x tensions) and (3) the tota l system of approx ima tely 63 . 5
miles. Thes e co s t estimates would not include a ny capi tal
i mpr o vemen ts o t h er than r oll i ng s tock .
Contr acts for Corridor Impact S tudy:
The General Man ager asked f o r a u tho rizat i on t o execu te a
c ont r act between t h e Metropol itan Atl a nta Rap i d Tran sit
Au tho rity a nd t he Atlanta Region Me tro p o litan Plann ing Co mmission, for $49 , 000 . 00 to c over the cost o f the c orrid or impact
s t u dy , di s cu ss ed a t the Feb r u ary me eting .
Mr. Bishop made a motion that the Genera l Manage r be empowered
to e x ecute the contract b e tween the Me tropolitan Atlanta Rapid
Transit Authority and the Atlanta Region Me t r opolita n Planning
-
4 -
�Commission for $49,000.00 for the corridor impact study.
Mr. Blount seconded the motion, and it was unanimously passed.
Mr. Bennett said the Planning Commission had, at its February 27
meeting, passed a similar resolution authorizing the execution
tif this contract.
Authorization under Retainer Agreement:
The General Manager reviewed an earlier authorization by the
Board for an expenditure of $2,000.00 for study of relocation
of tracks in the gulch area to cooperate with proposed construction in the area and also provide for transit lines. This
had been used successfully, and Mr. Stuart said he anticipated
the Nasher Corporation would soon require similar studies for
the area near the State Capitol if MARTA's interests in that
area were to be protected. He requested authorization to contract with the engineers for an additional $5,000.00 if required, for similar studies in the Capitol area.
Mr. Bishop made a motion that the General Manager be empowered
to negotiate a contract under the retainer agreement for whatever work was required for studies in the Capitol area gulch
in connection with proposed construction in that area, with a
limitation on the contract of $5,000.00, making a total
authorization for the studies of the two areas limited to
$7,000.00. Mr. McMillon seconded the motion, and it was
unanimously passed.
Authorization for Opening of a New Bank Account :
Mr. Stuart said a new bank account was needed for funds of the
new project recently approved, and after discussion, it was
agreed that these funds would be deposited in the Fulton
National Bank. It was further agreed that authorization for
signing of checks be the same as the account of the 702 project ,
namely :
either the Chairman, Vice Chairman or Secretary, and
either the General Manager or Chief Engineer .
Mr . Haverty made a motion that the General Manager be empowered
to open a new bank account in the Fulton National Bank, for the
deposit of funds of the newly approved p r oject , and that s ig na tur e authori zation fo r that accoun t be the same as t h e 70 2
account . The motio n was duly s e conded a n d un animous ly pa ss ed.
-
5 -
�-Statements by Officials from HUD:
Mr. Charles Haar, Assistant Secretary for Metropolitan Development, Department of Housing and Urban Development, Washington,
had met with elected officials and professional staff of the
local governments at a luncheon meeting earlier, and had presented a check f or $40,000.00 to Mr. Rich. This represented
the first installment of the newly approved project to the
Transit Authority. Mr. Haar commended the Authority for its
work and expressed the willingness of officials in the Department to cooperate with local governments whose plans were
coordinated for development of needed capital improvements.
Mr. Baxter of the Regional Office also expressed confidence
in MARTA, and offered the full resources of his office to
assure that an appropriate share of federal funds would continue to be made available to metropolitan areas in the South~
east.
The Chairman expresset1 the need for better communication with
the public and said full understanding by the community was
necessary to the success of the project.
Adjournment:
The meeting was adjourned at 4:45 P.M.
NOTE:
---
The next meeting of the Metropolitan Atlanta Rapid
Transit Authority is scheduled for Tuesday, April 4.
-
6 -
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              <text>MINUTES OF THE THIRTEENTH MEETING OF THE
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

MARCH 7, 1967

The Board of Directors of the Metropolitan Atlanta Rapid
Transit Authority held its regular meeting on March 7, 1967,
at 3:30 P.M. in the Conference Room of the Glenn Building,
Atlanta. Mr. Richard H. Rich, Chairman, presided.

MEMBERS PRESENT:

Sanford Atwood (DeKalb County)

M. C. Bishop (Fulton County)

Roy A. Blount (DeKalb County)
Rawson Haverty (City of Atlanta)
K. A. McMillon (Gwinnett County)
L. D. Milton (City of Atlanta)
W. A. Pulver (Fulton County)
Richard H. Rich (City of Atlanta)

MEMBERS ABSENT:

Edgar Blalock (Clayton County)
Mills B. Lane, Jr. (City of Atlanta)

OTHERS PRESENT:
Metropolitan Atlanta Rapid Transit Authority:

H. L. Stuart, General Manager

Glenn E. Bennett, Secretary

Robert F. Adamson, Treasurer

King Elliott, Public Information Director
H. N. Johnson, Secretary to General Manager

Consultants:

J. A. Coil, Resident Manager, Parsons, Brinckerhoff-
Tudor, Bechtel, Atlanta

Lawrence Greene, Hammer, Greene, Siler Associates,
Atlanta

Raul Garcia, Hammer, Greene, Siler Associates, Atlanta

Tom Watson Brown and Harry Morgan, Huie and Harland,
Legal Counsel for the Authority
Others:

Charles Haar, Assistant Secretary for Metropolitan
Development, Department of Housing &amp; Urban
Development, Washington

Vincent Hearing, Administrative Assistant, Department
of Housing &amp; Urban Development, Washington

Art Davis, Deputy Director of Land and Facilities
Development, Department of Housing &amp; Urban
Development, Washington

Charlie Sonnebron, Public Relations Director, Depart-
ment of Housing &amp; Urban Development, Washington

Edward H. Baxter, Regional Administrator, Department
of Housing &amp; Urban Development, Atlanta

A. Frederick Smith, Acting Assistant Regional Adminis-
trator for Program Coordination and Services,
Department of Housing &amp; Urban Development, Atlanta

Thomas J. Armstrong, Acting Assistant Regional Adminis-
trator for Metropolitan Development, Department of
Housing &amp; Urban Development, Atlanta

Henry Fillmer, Department of Housing &amp; Urban Development,
Atlanta

Jack Ingram, Department of Housing &amp; Urban Development,
Atlanta

Otis Brumby, Cobb County Observer

J. D. Wingfield, Jr., Planning Director, ARMPC

Rachel Champagne, Assistant to the Executive Director,
ARMPC

Junie Hamilton, Atlanta Journal

Alex Coffin, Atlanta Constitution

Earl W. Nelson, Deputy Division Director, State Highway
Department of Ohio

 

The meeting was called to order by the Chairman.

Minutes:

Upon motion by Mr. Blount, seconded by Mr. Bishop, the read-
ing of the minutes of the February meeting was dispensed with
and they were unanimously approved.

Financial Report:

The financial report was presented by the General Manager.
The statement reflected the fact that the counties of Clayton,
DeKalb and Gwinnett were in arrears for their 1967 appropria-
tions. The General Manager said he had been in contact with
these governments and expected payments soon. After a brief
discussion of the format of the statement, it was accepted
by the Board.

The financial statement is attached hereto and made a part
of these minutes.

Progress Reports:

is

General Manager:

Mr. Stuart reported on a recent trip to Washington, and
mentioned visits with Congressmen Fletcher Thompson and
Ben Blackburn. He said he had sent information about
MARTA to each of the Congressmen to inform them of the
plans for the area and to solicit their help in Congress.

Mr. Stuart had toured the proposed southern line of the
system and mentioned possible alternates. The Chairman
and others discussed the need for the southern line to

serve the stadium if possible.

An application to the State of Georgia for transit funds
was being prepared, and Mr. Stuart said it would be sub-
mitted at the appropriate time.

Parsons, Brinckerhoff-Tudor, Bechtel:

Mr. John Coil, Resident Manager of Parsons, Brinckerhoff-
Tudor, Bechtel, reported that his firm had studied alter-
nate southern lines and had developed an alternate which
would generally follow the south expressway. In answer

to questions by members of the Board, he said access of
this proposed alternate southern line to the airport
terminal should depend upon plans of the local governments
to build a new air terminal. Mr. Coil said coordinated
timing of construction of the two proposed facilities
would be extremely important. The engineers felt that in
the absence of firm plans for relocating the terminal, the
proposed transit line should not be designed to serve that
particular location.

Detailed design of proposed construction in the gulch area
had been reviewed with contractors, who had cooperated in
the design and placement of supporting columns of build-
ings so as not to interfere with the transit system's
proposed turn-around in the area.
Mr. Coil said the contractor for aerial photography,
MAPCO, Inc., had been given authority to complete photo-
grammetry on the east, west, and central lines, in that
order of priority.

Preliminary cost estimates for the 63.5 mile system had
been completed and the engineers were ready to work with
the economic consultants toward further refinement of
those estimates.

Parsons, Brinckerhoff-Tudor, Bechtel had submitted a

plan and profile of the proposed Atlanta system to their
San Francisco office. Through the use of computers there,
a program could be developed showing most economical
speeds and timing between stations.

3. Hammer, Greene, Siler Associates:

Mr. Lawrence Greene of Hammer, Greene, Siler Associates
reported that a new set of tentative cost estimates by
six breakdowns had been submitted to them by the engi-
neers. More information was to be submitted on estimated
patronage and a cost schedule by years.

The Hammer firm was developing final figures on required
participation by the local governments. Analyses of costs
being developed would include the total system, including
the Cobb County portion.

In response to questions of Board members, it was ex-
plained further by Mr. Greene and Mr. Coil that cost
estimates would be prepared for (1) the initial system;

(2) the intermediate system (about 36 miles, with exten-
sions) and (3) the total system of approximately 63.5
miles. These cost estimates would not include any capital
improvements other than rolling stock.

Contracts for Corridor Impact Study:

The General Manager asked for authorization to execute a
contract between the Metropolitan Atlanta Rapid Transit
Authority and the Atlanta Region Metropolitan Planning Commis-
sion, for $49,000.00 to cover the cost of the corridor impact
study, discussed at the February meeting.

Mr. Bishop made a motion that the General Manager be empowered
to execute the contract between the Metropolitan Atlanta Rapid
Transit Authority and the Atlanta Region Metropolitan Planning
Commission for $49,000.00 for the corridor impact study.
Mr. Blount seconded the motion, and it was unanimously passed.

Mr. Bennett said the Planning Commission had, at its February 27

meeting, passed a similar resolution authorizing the execution
of this contract.

Authorization under Retainer Agreement:

 

The General Manager reviewed an earlier authorization by the
Board for an expenditure of $2,000.00 for study of relocation
of tracks in the gulch area to cooperate with proposed con-
struction in the area and also provide for transit lines. This
had been used successfully, and Mr. Stuart said he anticipated
the Nasher Corporation would soon require similar studies for
the area near the State Capitol if MARTA's interests in that
area were to be protected. He requested authorization to con-
tract with the engineers for an additional $5,000.00 if re-
quired, for similar studies in the Capitol area.

Mr. Bishop made a motion that the General Manager be empowered
to negotiate a contract under the retainer agreement for what-
ever work was required for studies in the Capitol area gulch
in connection with proposed construction in that area, with a
limitation on the contract of $5,000.00, making a total
authorization for the studies of the two areas limited to
$7,000.00. Mr. McMillon seconded the motion, and it was
unanimously passed.

Authorization for Opening of a New Bank Account:

Mr. Stuart said a new bank account was needed for funds of the
new project recently approved, and after discussion, it was
agreed that these funds would be deposited in the Fulton
National Bank. It was further agreed that authorization for
signing of checks be the same as the account of the 702 project,
namely: either the Chairman, Vice Chairman or Secretary, and
either the General Manager or Chief Engineer.

Mr. Haverty made a motion that the General Manager be empowered
to open a new bank account in the Fulton National Bank, for the
deposit of funds of the newly approved project, and that signa-
ture authorization for that account be the same as the 702
account. The motion was duly seconded and unanimously passed.
Statements by Officials from HUD:

 

Mr. Charles Haar, Assistant Secretary for Metropolitan Develop-
ment, Department of Housing and Urban Development, Washington,
had met with elected officials and professional staff of the
local governments at a luncheon meeting earlier, and had pre-
sented a check for $40,000.00 to Mr. Rich. This represented
the first installment of the newly approved project to the
Transit Authority. Mr. Haar commended the Authority for its
work and expressed the willingness of officials in the Depart-
ment to cooperate with local governments whose plans were
coordinated for development of needed capital improvements.
Mr. Baxter of the Regional Office also expressed confidence

in MARTA, and offered the full resources of his office to
assure that an appropriate share of federal funds would con-
tinue to be made available to metropolitan areas in the South-
east.

The Chairman expressed the need for better communication with

the public and said full understanding by the community was
necessary to the success of the project.

Adjournment:

The meeting was adjourned at 4:45 P.M.

NOTE: The next meeting of the Metropolitan Atlanta Rapid
Transit Authority is scheduled for Tuesday, April 4.
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                    <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
FEBRUARY 28,
1967
ASSETS
Cash in
C&amp; S
First
Trust
Banks:
National Bank
National Bank - Payroll
Company of Georgia
Investments -
$41,925 .. 22
10,968.94
31,000.00
99,626.96
U. S. Treasury Bills
25. 00
Petty Cash
4,552.50
Accounts Receivable - Gwinnett County (1966)
$188,098.62
TOTAL
LIABILITIES
$32,812 . 12
Accounts Payable
1,600 . 06
Payroll Taxes Withheld and Accrued
Reserves:
Parsons, Brinckerhoff-Tudor-Bechtel:
Section 9 - Matching
Retainer Agreement:
Transportation Study
Public Information
Right-of-Way Procedure Study
Surveying
TOTAL
SURPLUS
92,333.00
$
663.70
1,509.57
1,250. 00
2,000.00
5,423.27
132,168 . 45
$' 55,930 . 17
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
FEBRUARY 28, 1967
ACWAL
JANUARY 1, 1967 TO
BUDGET
· 1967 ' '
FEBRUARY 28, 1967
$128,281.64
$128,281.64
Unappropriated Surplus
INCOME
Appropriations:
City of Atlanta
Clayton County
DeKalb County
Fulton County
Gwinnett County
Sub-Totals
$ 84,030.00
23,190.00
82,770. ocr
91,800.00
18, iio. oo
$300,000.00
5,520.00
$ 21,007.50
0
0
22,950.00
0
43,957.50
$
Interest Income
Federal Funds:
702 Loan
Section 9 Grant
Sub-Totals
$ 95,000.00
276,000.00
$371,000.00
TOTAL INCOME
$676,520.00
$ 30,000.00
0
$ 30,000.00
$ 74,844.07
TOTAL INCOME AND UNAPPROPRIATED SURPLUS
$804,801.64
~-2.03.,,1.2 5. 71.
$ 68,950.00
10,500.00
$
1 , 109.00
533.00
1,680 . 00
10,000.00
99.00
$ 92,871.00
$ 3,150.00
369.01
133. 34
161. 14
0
0
$ 10,223.30
500.00
$
$
$
886.57
EXPENSES
Staff Cos ts:
Salaries
Expenses
Benefits:
Social Security
Guaranty Fund
Health and Accident Insurance
Retirement
Workmen's Compensation
Sub-Totals
Board Meetings
8,311.06
1,248.75
Administrative and Office Overhead:
Rent
Connnunications and Postage
Furniture and Equipment
Supplies
Printing
Auditor
Accountant
Public Information
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond
Sub-Totals
72 . 00
56 . 00
199 . 00
$ 46,177 . 00
$
CARRIED FORWARD
$142,198 . 00
$ 15 , 263 . 27
$
3,000.00
2,000.00
2,000.00
3,600.00
1,000. 00
250 . 00
1,000 . 00
33,000.00
$
500 . 00
281. 43
0
401.89
0
0
0
3,356.65
0
0
0
4 , 539 . 97
�METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
FEBRUARY 28, 1967
ACWAL
BUDGET
1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD
JANUARY 1, 1967
TO
FEBRUARY 28, 1967
$804,801.64
$203,125.,71
BROUGHT FORWARD
$142,198.00
·$ 15,263.27
Counsel
$ 20-, 000. 00
$
$ 31,250. 00.,.._
$ 29,939.00
EXPENSES
Consul tan ts:
Atlanta Region Metropolitan
Planning Commission:
701 Matching
Urban Design Study:
Section 9
Matching
Atlanta Transit Study:
Section 9
Matching
Parson, Brinckerhoff-Tudor-Bechtel:
702 Loan
Section 9:
Federal
Matching
Retainer Agreement
Research and Technical Services
1,818.70
32,667.00
16,333.00
0
0
3,333.00
1,667.00
0
0
95,000.00
0
240,000.00
120,000.00
60, (YOO. 00
2,000.00
0
92,333.00
7,243.99
597.58
$602,250.00
$130,113.57
TOTAL EXPENSES
$764,448.00
$147,195.54
SURPLUS
~
~
Sub-Totals
40. 3,2J. 64
,2,2,9JO,.lZ
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              <text>METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA

STATEMENT OF FINANCIAL CONDITION

FEBRUARY 28, 1967

 

ASSETS
Cash in Banks:
C &amp; S National Bank $41,925.22
First National Bank - Payroll 10,968.94
Trust Company of Georgia 31,000. 00
Investments - U. S. Treasury Bills 99,626.96
Petty Cash 25.00
Accounts Receivable - Gwinnett County (1966) 4,552.50
TOTAL
LIABILITIES
Accounts Payable $32,812.12
Payroll Taxes Withheld and Accrued 1,600. 06
Reserves:
Parsons, Brinckerhoff-Tudor-BechtelL:
Section 9 - Matching 92,333.00
Retainer Agreement:
Transportation Study $ 663.70
Public Information 1,509.57
Right-of-Way Procedure Study 1,250.00
Surveying 2,000.00 5,423.27
TOTAL
SURPLUS

$188,098.62

132,168.45
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY

ATLANTA, GEORGIA
BUDGET REPORT
FEBRUARY 28, 1967

Unappropriated Surplus

INCOME

Appropriations:
City of Atlanta
Clayton County
DeKalb County
Fulton County
Gwinnett County
Sub-Totals

Interest Income

Federal Funds:
702 Loan
Section 9 Grant
Sub-Totals

TOTAL INCOME

TOTAL INCOME AND UNAPPROPRIATED SURPLUS
EXPENSES

Staff Costs:
Salaries
Expenses
Benefits:
Social Security
Guaranty Fund
Health and Accident Insurance
Retirement
Workmen's Compensation
Sub-Totals

Board Meetings

Administrative and Office Overhead:
Rent
Communications and Postage
Furniture and Equipment
Supplies
Printing
Auditor
Accountant
Public Information
Insurance:
Public Liability
Depository and Forgery
Fidelity Bond
Sub-Totals

CARRIED FORWARD

BUDGET
'1967'
$128,281.64

JANUARY 1,
FEBRUARY 28,

ACTUAL

$128,281.64

 

 

 

$ 84,030. 00 $ 21,007.50
23,190.00 0
82,770.00 0
91,800.00 22,950.00
18,210.00 0

$300, 000. 00 $43,957.50

$5,520.00 $886.57

$ 95,000.00 $ 30,000. 00

276,000. 00 0

$371,000. 00 $30,000. 00

$676,520.00 $ 74,844.07

$804,801. 64 $203,125.71

$ 68,950.00 $ 8,311.06
10,500, 00 1,248.75

1,109.00 369.01
533.00 133.34
1,680.00 161.14
10,000. 00 0
ee Se ae ee

$92,871.00 = § 10,223.30

$ 3,150.00 § 500.00

$ 3,000. 00 $ 500.00

2,000. 00 281.43
2,000. 00 0

3,600. 00 401.89
1,000. 00 0
250. 00 0
1,000.00 0

33,000. 00 3,356.65
72.00 0
56.00 0
199.00 0

$ 46,177.00 S 4,539.97

$142,198.00 $ 15,263.27

1967 TO
1967
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
BUDGET REPORT
FEBRUARY 28, 1967

3 ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 FEBRUARY 28, 1967

 

TOTAL INCOME AND UNAPPROPRIATED

SURPLUS BROUGHT FORWARD $804,801.64 $2 03,125.71
EXPENSES

BROUGHT FORWARD $142,198.00 $ 15,263.27

Counsel $ 20,000.00 $ 1,818.70

Consultants:

Atlanta Region Metropolitan
Planning Commission:

701 Matching $ 31,250.00 _ $ 29,939.00
Urban Design Study:
Section 9 32,667.00 0
Matching 16,333.00 0
Atlanta Transit Study:
Section 9 3,333.00 0
Matching 1,667.00 0
Parson, Brinckerhoff-Tudor-Bechtel: ,
702 Loan 95,000.00 0)
Section 9;
Federal 240,000.00 0
Matching 120,000. 00 92,333.00
Retainer Agreement 60,000.00 7,243.99
Research and Technical Services 2,000. 00 597.58
Sub-Totals $602,250. 00 $130,113.57
TOTAL EXPENSES $764,448.00 $147,195.54

SURPLUS 40 Z $55,930.17
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.
l
~
.
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·
~TROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING/ ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711
OFFICERS:
Richard H. Rich, Chairman
March 17, 1967
Roy A. Blount, Vice Chairman
Glenn E. Bennett, Secretary
Henry L. Stuart, General Ma nager
a/
~ u-
MEMORANDUM TO ALL HOLDERS OF MARTA MINUTES OF ~
MEETING OF MARCH 7, 1967:
FROM:
GLENN E. BENNETT , SECRETARY
CORRIGENDUM
On Page 4 , sixth paragraph, of the minutes of the meeting
of March 7, 1967, there is an inaccurate statement which
should be deleted. The statement reads, "These cost
estimates would not include any capital improvements other
than rolling stock." The cost estimates prepared b y the
engineers , not by the economists, do in fact include all
capital improvements other than rolling stock.
Pl ease attach this note to your copy of the minutes.
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              <text>4 Cormsboutan ATLANTA RAPID TRANSIT AUTHORITY
GLENN BUILDING / ATLANTA, GEORGIA 30303 / AREA CODE 404 524-5711

OFFICERS:

March 17, 1967 Richard H. Rich, Chairman
Roy A. Blount, Vice Chairman
Glenn E. Bennett, Secretary
Henry L. Stuart, General Manager

MEETING OF MARCH 7, 1967:

MEMORANDUM TO ALL HOLDERS OF MARTA MINUTES OF Z Bowe
FROM: GLENN E. BENNETT, SECRETARY Abu

CORRIGENDUM

On Page 4, sixth paragraph, of the minutes of the meeting
of March 7, 1967, there is an inaccurate statement which
should be deleted. The statement reads, "These cost
estimates would not include any capital improvements other
than rolling stock." The cost estimates prepared by the
engineers, not by the economists, do in fact include all
capital improvements other than rolling stock.

Please attach this note to your copy of the minutes.
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