Agenda - 12-13-2005-9b - Laserfiche WebLink

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"1` MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding ("MOU") is made this day of 2005 by and between RESEARCH TRIANGLE REGIONAL PUBLIC TRANSPORTATION AUTHORITY (d/b/a "TTA"), located at 68 T.W. Alexander Drive, Research Triangle Parlc, North Carolina 27709 and ORANGE COUNTY, located at 200 South Cameron Street Hillsborough, North Carolina 27278 (hereinafter "County"). This MOU outlines the basic points of discussion azrd tentative agreements between TTA and the County. This MOU does not constitute a binding contract for any other purpose. All agreements contemplated by this MOU shall become binding and enforceable only when said agreements intending to be binding and enforceable are executed by TTA and the County. Now, it is hereby understood as follows: Basic Responsibilities regarding the Orange Express Route between Hillsborough and Chapel Hill are listed below. Operations• • 100% of Route Operations provided by County staff using County vehicle(s). The schedule, number of trips and timing of trips will be specified by TTA in arr attachment to this agreement. • The Orange Express Route will operate every weekday that is not a holiday according to the TTA Holiday list, which is included with this memorandum. • If the Orange Express vehicle breaks down or is unable to leave the County operations center for service, it is the responsibility of the County to deploy another vehicle to serve the Orange Express Route using the exact same schedule and route pattern, and to collect revenue as described in this document. If there are individual trips on the Orange Express Route which regularly fill the bus specified for the route to its full seated capacity, then any replacement service provided by the County will provide a number of seats equal to the seated capacity of the regularly used vehicle,. • Reporting of all operating statistics and ridership to the National Transit Database would be divided according to the funding ratio, with 75% going to TTA and 25% going to the County. Ridership figures from the County will be provided to TTA on a monthly basis. FundinH• • 75% operating funds provided by Triangle Transit Authority (TTA) • 25% operating funds provided by the County • TIA's contribution to operations during the January -June 200E period will be capped at $41,12G, which is based on a per-hour operating cost for the County of $34 per hour. • Fare revenue will be distributed to the County and TTA according to the 25/75 ratio listed in the above bullet points.