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HomeMy WebLinkAboutCity Council Resolution 2000-244CITY OF PLYMOUTH RESOLUTION NO. 2000-244 AGREEMENT NO. SG -99-160 BETWEEN THE METROPOLITAN COUNCIL AND THE CITY OF PLYMOUTH FOR PRIVATE VEHICLE CAPITAL FUNDING WHEREAS, the Metropolitan Council has authority in accordance with Minnesota Statutes Section 473.405 to operate public transit systems in the metropolitan area and to exercise all powers necessary or convenient to discharge its duties; and WHEREAS, through its contracts with private transit service providers Plymouth Metrolink on behalf of the City of Plymouth is operating replacement public transit service pursuant to Minnesota Statutes Section 473.388; and WHEREAS, the Metropolitan Council has determined that it is desirable to provide a grant to the recipient of Council transit bond proceeds for the purpose of paying the vehicle capital costs, specifically, the vehicle depreciation costs associated with operating the replacement public transit service through Plymouth Metrolink's contract with Laidlaw Transit Service, Inc.; and WHEREAS, in consideration of terms in Contract No. SG -99-160, the parties have agreed to a maximum funding amount not to exceed $300,000; and WHEREAS, the method of reimbursement has been mutually agreed to be $25,000.00 per month for twelve equal monthly payments for the private vehicle capital costs. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the Mayor and City Manager are authorized to execute the agreement (Contract No. SG -99-160) between the Metropolitan Council and the City of Plymouth for the purpose of paying the vehicle capital cost, specifically the vehicle depreciation costs, associated with operating Plymouth Metrolink service through a contract with Laidlaw Transit Services, Inc. Adopted by the City Council on May 9, 2000 C:ADoc=cnts and Settingsubaird\Local Settings\Temp\CCR 2000-244 67128\CCR 2000-244.doc STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on May 9, 2000, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of City Clerk C:ADoc=cnts and Settingsubaird\Local Settings\Temp\CCR 2000-244 67128\CCR 2000-244.doc