The following advice is applicable to implementation of this amendment. The availability of ER funds for any ferryboat operation is contingent on the Federal Highway Administrator's finding of applicability of ER funds as a result of a natural disaster over a wide area or a catastrophic failure. The operation of the ferry and the amount of farescharged are under the control of the State and all fares derived therefrom are applied to the actual and necessary costs of operation, maintenance and repair. No ferryboat acquired with Federal funds shall be sold, leased or otherwise disposed of without the approval of the FHWA Division Administrator. A system of accounting adequate to meet this requirement shall be maintained by the State.
Participation is limited to acquisition costs less resale value or a reasonable rental fee.
Eligible ferryboat operations are intended to temporarily restore essential travel. The ER funds will not necessarily be used to restore predisaster levels of service or capacity for the interim period until permanent reconstruction is completed. Type code Y 219 will be used for reporting costs of ferryboats on the PR-37.