Loading...
HomeMy WebLinkAbout16-105 Resolution No. 16-105 RESOLUTION AUTHORIZING EXECUTION OF A RIDE IN KANE PACE SUBSIDY AGREEMENT WITH THE SUBURBAN BUS DIVISION OF THE REGIONAL TRANSPORTATION AUTHORITY FOR SERVICES DURING 2016 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,ILLINOIS,that David J. Kaptain, Mayor, and Kimberly A. Dewis, City Clerk, be and are hereby authorized and directed to execute a Ride in Kane Pace Subsidy Agreement on behalf of the City of Elgin with the Suburban Bus Division of the Regional Transportation Authority for services during 2016,a copy of which is attached hereto and made a part hereof by reference. s/David J. Kaptain David J. Kaptain, Mayor Presented: August 10, 2016 Adopted: August 10, 2016 Omnibus Vote: Yeas: 9 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk ' SEP 2 3 RECD Dace Thomas J. Ross Connecting Communities Executive Director September 19, 2016 Honorable David Kaptain Mayor, City of Elgin 150 Dexter Ct. Elgin, IL 60120 Dear Mayor Kaptain: Enclosed please find one of two fully executed originals of the subsidy agreement for the Ride in Kane with the city of Elgin. This agreement will be in effect beginning January 1, 2016 and ending December 31, 2016. Pace will keep the second original in our file. Thank you for working with us to accomplish this service for the citizens of your area. Sincerely, i , 1 Melind.'. M ger Deputy Executive Director Revenue Services MJM/tjt Enclosure 550 West Algonquin Road, Arlington Heights, Illinois 60005 847.364.8130 www.PaceBus.com RIDE IN KANE PACE SUBSIDY AGREEMENT City of Elgin This Agreement is made this 10thday of August , 2016, by and between the Suburban Bus Division of the Regional Transportation Authority(RTA)operating under the name of and hereinafter referred to as"Pace"and the City of Elgin,hereinafter referred to as"the city. WHEREAS, the City is a participating Sponsor of the Ride in Kane(RIK) program; WHEREAS,the Association for Individual Development(AID)is the lead agency and has secured JARC/NFI grant funding for the RIK program; WHEREAS,the Kane County Department of Transportation(KDOT)is providing a subsidy to the RIK program; WHEREAS,the KDOT subsidy is distributed by Pace; WHEREAS,Pace hereby agrees to subsidize the City service under the RIK program by contributing funds in an amount not to exceed one hundred eighty eight thousand four hundred twenty two dollars($188,422), provided that Pace funds are available. NOW THEREFORE, in consideration of the mutual promises hereinafter set forth,the parties agree as follows: TERM-This Agreement will be in effect beginning January 1,2016 and ending December 31, 2016. PACE SUBSIDY—The Pace contribution shall not exceed seventy five percent(75%)of the Net Operating Cost up to one hundred eighty eight thousand four hundred twenty two dollars($188,422).The Net Operating Cost will be defined as Total Expense less fare revenue, the KDOT subsidy and the RIK grant subsidy. The Pace subsidy shall be calculated and distributed monthly. BILLING—Pursuant to the Ride in Kane JARC/NFI Agreement between the City and AID,Pace shall bill the City on a monthly basis for the net operating costs of the service including mobility management call center costs less the monthly Pace subsidy, for its eligible riders.The City agrees to make payment to Pace within thirty days of receipt of billing. Payment shall be sent to: Pace,the Suburban Bus Division of the Regional Transportation Authority 550 W.Algonquin Road Arlington Heights,IL 60005 Attn:Accounting Department PACE CITY OF ELGIN By: By: /, .�L�S i / . 1J1 ) Thomas J.Ross,Exec ive Director David Kapt. , '•yor Date: September 6, 2016 Date: August 10, 2016 Attest: Attes / rd. City Clerk Date: September 6, 2016 Date: August 10, 2016 2016 Subsidy Agreement Page 1 City of Elgin 2016 PACE SUBSIDY AGREEMENT COST ESTIMATE WORKSHEET 2016 PROJECTIONS FOR: THE CITY OF ELGIN RIDERSHIP 29,336 REVENUE HOURS 12,307 PROJECTED OPERATING EXPENSES EXPENSES $ 728,812 REVENUE $ 105,124 OPERATING DEFICIT $ 623,688 PACE SUBSIDY $ 188,422 OTHER PROJECTED SUBSIDY $ 335, 266 PROJECTED CALL CENTER EXPENSES EXPENSES $ 56,883 PACE CALL CENTER GRANT $ 53,537 PACE CALL CENTER SUBSIDY $ 3,346 TOTAL EXPENSES $785,695 REVENUE $105,124 TOTAL SUBSIDY $580,571 PROJECTED LOCAL SHARE $100,000 2016 Subsidy Agreement Page 2 City of Elgin