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538-LYNX Funding Agrmt 2003/04 BETWEEN CITY OF SANFORD AND LYNX ~ ~ FOR FISCAL YEAR 2003-2004 /~.~ THIS. AGREEMENT is made and entered into this ~y~/~4j day of ~ ,2003, by and between CITY OF SANFORD, a-municipal corporation organized under the laws of the State of Florida (hereinafter the "City"), and the CENTRAL FLORIDA REGIONAL TRANSPORTATION AUTHORITY, a body politic and corporate created pursuant to Part II, Chapter 343, Florida Statutes, (hereinafter "LYNX"). WITNESSETH WHEREAS, Part II, Chapter 163, Florida Statutes (the "Local Government Comprehensive Planning and Land Development Regulation Act"), provides inter alia that specific public facilities and services must be available concurrently with the impacts of development; and WHEREAS, the City recognizes the need to provide public transit services in an efficient manner and acknowledges the benefits of increased ridership on the regional public transit system; and WHEREAS, increasing traffic congestion and continued population growth require an efficient and convenient public transit service improvements; and WHEREAS, an efficient and convenient public transit service offers a viable alternative to private automobile travel; and WHEREAS, LYNX desires to provide mass transit services within the corporate limits of the City, and WHEREAS, the City desires to provide LYNX with funding commensurate with existing service within the City to achieve the approved public transit levels of service. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements hereinafter contained and other good and valuable consideration, the City and LYNX agree as follows: 1. RECITALS. The City and LYNX hereby declare that the recitals set forth above are true and correct and are incorporated herein and made a part of this Agreement. 2. LYNX REPORTING REQUIRMENTS. As information for the purposes of operations and management analysis, LYNX agrees to provide the City on a quartile basis commencing on February 1, 2004, a written performance report reflecting the operations of the prior quarter (collectively referred to as "Performance Measures"). Each quarterly report will include the following items: Route map, and schedules for each route operated in City Actual aggregate ridership mode (Fixed Route bus, Lymmo, Laser, A+ Links, Van Plan and special shuttles) in the form of the official LYNX Monthly Ridership Reports. g. h. i. j. k. 1. Operational Service Characteristics Report for current services contemporaneous updates. Comparison of actual revenue and expenditures to budgeted revenues and expenditures with explanations for variances that exceed Fifty Thousand Dollars ($50,000). LYNX Route Performance report which reports and ranks each route monthly based on the following: * Subsidy per passenger trip * Passengers per trip * Passengers per revenue hour * Passengers per revenue mile * Percent farebox return (percent of operating cost recovered through farebox) Current and contemporaneous versions of the LYNX Regional Model Scheduled and actual Revenue Miles Scheduled and actual Revenue Hours Schedule of unanticipated extraordinary expenses for the prior quarter Changes to authorized staffing Any other information the City reasonably requests An historical record describing route changes including, but not limited to: 1. Addition of Route(s) 3. 4. 5. 6. 7. Elimination of Route(s) Combination of Routes Addition of Evening Service Addition of Weekend Service Other Route Scheduling Changes Running Time Adjustments Quarterly reporting periods shall end on December 31, March 31 June 30, and September 30, and said reports shall be submitted to the City's Transportation Planning Department after the end of each quarter. On an annual basis, within thirty days of receipt, LYNX shall provide the City with a copy of all external audits, a copy of the Comprehensive Annual Financial Report that shall include the Report on Internal Controls, Report on Compliance with Laws and Regulations, and a copy of the management letter. FISCAL YEAR 2003-2004 FUNDING a. The City agrees to appropriate $170,728 to LYNX for fiscal year 2003- 2004. The funding is to be utilized by LYNX to provide public transit services in accordance with this Agreement. The City shall pay such funds appropriated in the City's FY 2003-2004 Budget in advance of month of.operation to LYNX in (12) equal monthly installments, promptly upon receipt by the City's of an invoice from LYNX for the installment for the current month. The first such payment shall be made no sooner than October 1, 2003. b. LYNX agrees to utilize the funds received from the City in accordance with the terms of this Agreement and to take all reasonable and necessary actions in a timely manner to initiate, implement, and operate the Public Transportation services in accordance with the terms of this Agreement. LYNX further agrees to demonstrate such initiation, implementation, and completion of such improvements by submitting reports to the City as defined in Section 2 of this Agreement. EFFECTIVE DATE. The effective date of this Agreement is October 1, 2003. The term of this Agreement is one (1) year from its effective date. iNTERPRETATION. The headings contained in this Agreement are for reference purposes only and will not affect in any way the meaning or interpretation of this Agreement. NEGOTIATIONS. The parties to this Agreement acknowledge that all terms of this Agreement were negotiated at arms length and that this Agreement and all documents executed in connection herewith were prepared and executed without undue influence exerted by any party or on any party. Further, all parties drat~ed this Agreement jointly, and no parties are entitled to the benefit of any rules of construction with respect to the interpretation of any terms, conditions, or provisions of this Agreement in favor of or against any person or party who drafted this Agreement. MISCELLANEOUS. a. This Agreement constitutes the entire Agreement between the parties with respect to the specific matters contained herein and supercedes all previous discussions, understandings, and agreements. Amendments to or waivers of the provisions herein shall be made by the parties in writing. No other agreements, oral or otherwise, regarding the subject matter of this Agreement shall be deemed to exist or to bind either party hereto. b. If any sentence, phrase, paragraph, provision or portion of this Agreement is for any reason held invalid or constitutional by any court of competent jurisdiction, such portion shall be deemed an independent provision and such holding shall not affect the validity of the remaining portions hereto. c. The parties acknowledge that they have freely and voluntarily entered into this Agreement and that each party has been given the opportunity to receive the advice of independent legal counsel for all negotiations in connection with this Agreement. d. In any action or proceeding between the parties arising out of this Agreement, the prevailing party in such action or proceeding shall be entitled to recover all costs of such action or proceeding incurred by it, including reasonable attorneys' fees, at trial and on appeal. e. Time shall be of the essence of this Agreement. CONTROLLING LAWS. This Agreement and the provisions contained herein shall be construed, controlled, and interpreted according to the laws of the State of Florida, and all duly adopted ordinances, regulations, and policies of the City now in effect and those hereinafter adopted. The location for settlement of any claims, controversies, or disputes, arising out of or relating to any part of this Agreement, or any breach hereof, shall be Orange County, Florida. 11. 12. 10. The parties to this Agreement agree to comply with all applicable federal, state, and local laws, ordinances, rules and regulations pertaining to the actions contemplated by this Agreement. B1ND1NG NATURE OF AGREEMENT. This Agreement shall be binding only between the City and LYNX, and inure to the benefit of the successors or assigns of the parties. NOTICES. All notices, consents, approvals, waivers, and deletions, which any party shall be required or shall desire to make or give under this Agreement, shall be in writing and shall be sufficient only when mailed by certified mail, first class postage affixed, addressed as follows: City City of Sanford 300 N. Park Avenue Sanford, Fl 32772 Attention: A1 Grieshaber, Jr. LYNX Central Florida Transportation Authority 445 W. Amelia Street, Suite 800 Orlando, FL 32801-1128 Attention: William Schneeman, Acting Executive Director with a copy to: Central Florida Transportation Authority 445 W. Amelia Street, Suite 800 Orlando, FL 32801-1128 Attention: Margaret A. McGarrity CFO/Director of Finance and Administrative Support with a copy to: Akerman, Senterfitt & Eidson, P.A. 255 S. Orange Avenue, Suite 1700 Orlando, Florida 32801 Attention: Alberto S. Bustamante III, Esq. RECORD KEEPING PROCEDURES. LYNX shall keep and maintain accurate records of all services rendered in the performance of this Agreement and shall keep such records open to inspection by the City at reasonable hours during the entire term of this Agreement, plus three (3) years after expiration or termination of this Agreement. If any litigation, claim or audit is commenced prior to the expiration of the three (3) year period and extends beyond such period, the records shall be maintained until all litigation, including appeals, claims or audits have been concluded or resolved. Any person authorized by the City shall have access to and the right to examine any of the records. FILING OF AGREEMENT. This Agreement shall be filed with the Clerk of the Circuit Court of Seminole County, Florida, or such other public official responsible under general or special law for the public records of Seminole County, Florida, in accordance with Section 163.01, Florida Statutes. 1N WITNESS WHEREOF, the parties heretmto executed this Agreement as of the day and year first above written. CENTRAL FLORIDA REGIONAL TRANSPORTATION AUTHORITY Assistant Secretary Approved by General Counsel Akerman, Senterfett & Eids~onrl?~A (seal) Printed Name: Title: STATE OF FLORIDA COUNTY OF ORANGE Th_.e foregoing instrument was acknowled~,e before me ,h;~ /.O'~ . ~ b~fi-- ~r~ , 20~ by ~. ~/]t~ ~ ~d he ac~owledged ore me t~ ne executed the foregoing ins~ment on behalf of CENT~L FLOR~A ~GIONAL T~NSPORTATION AUTHORITY as its tree act ~d deed, and that he was au~ofized to do so. Serial Number: ~ ,,, ~.- ,,,.sA ................. Commission Expires: . s~ i~ w~mlssm ~ bdo20 : ATTEST: ~ty Clerk Print Name STATE OF FLORIDA COUNTY OF SEMINOLE PERSONALLY APPEARED before me, the undersigned authority, and , well known to me and known by me to be Mayor and City Clerk, respectively, , Florida, and acknowledged before me that they executed the foregoing instrument on behalf of as its true act and deed, and that they were duly authorized to do so. WITNESS my hand and official seal this day of ,2003, Commission Expires: Nalne ~ Notary Public: Serial Number: APPROVED AS TO FORM AND LEGALITY For use and reliance by the Florida, only. ' City Attorney Sanford, Florida ,2003