Res 2009-153 - Laserfiche WebLink

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• PUBLIC TRANSIT SYSTEM INTERLOCAL AGREEMENT 1. Parties This Public Transit System Interlocal Agreement ("Agreement") is made and entered into by and between the Capital Area Rural Transportation System, a rural transit district created. under Chapter 458 of the Texas Transportation Code ("CARTS"), and the City of San Marcos, Texas, a Texas municipal corporation (the "City") to be effective as of October 1, 2009. This Agreement is authorized and governed by the provisions of the Interlocal Cooperation Act, Texas Government Code, Chapter 791, specifically Section 791.011 regarding contracts to perform governmental functions and services. 2. Term The term of this Agreement will commence October 1, 2009 and will end September 30, 2010. This Agreement may be renewed and extended for additional one year terms by mutual agreement of the parties in writing approved by the parties on or before the last day of the then current term. The continuation of this Agreement in future fiscal years of the City is subject, however, to the appropriation of funds in the City's budget for those fiscal years by the City's governing body, and the continuation of this Agreement in future fiscal years of CARTS is subject to the appropriation of funds in CARTS' budget for those fiscal years by CARTS' governing body. In addition, CARTS' performance under this Agreement will be contingent • upon its continued receipt of state and federal funding to operate the System. 3. Transit System Services CARTS agrees to operate and maintain a public transit system (the "System") within the City in accordance with this Agreement. 4. Funding for Services a. Payments by the City. The City will pay CARTS an amount equal to $100,000.00 (the "funds") during the term of this Agreement towards the cost of operating the System. Amounts paid by the City in any subsequent years during renewal or extension of this Agreement shall be as provided under the terms of such written renewal or extension. The cost of operating the System includes Operating Expenses and Project Administrative Expenses (eligible expenses) as those terms are described in FTA Circular 9040.1F dated April 1, 2007 or successor provision. Payments to CARTS will be made on a monthly basis upon submission by CARTS to the City of an invoice for 1/12`x` of the funds on or before the 15ffi day of each month accompanied by a report of the previous month's eligible expenses attributable to the operation of the System to which such payment will be applied. CARTS will be solely responsible for all capital costs related to the System. b. Financial Records. CARTS shall maintain complete and accurate financial records • regarding the use of the funds to support local operations and, at the request of the City Manager