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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Jordan Eves, Manager of Fare Strategy |
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TITLE:
title
Fare Agreement: Education Pass Agreement Modification No. 2 (Salt Lake School District and Salt Lake Education Foundation)
end
AGENDA ITEM TYPE:
Service or Fare Approval
RECOMMENDATION:
Approve and authorize the Executive Director to execute Education Pass Agreement Modification Two (2) with the Salt Lake School District and Salt Lake Education Foundation.
BACKGROUND:
On July 13, 2022, the UTA Board of Trustees approved a one-year agreement with Salt Lake School District and the Salt Lake Education Foundation (District and Foundation), and Salt Lake City Corporation. The agreement allowed the school district’s students, faculty, and staff to receive a regular transit pass for unlimited use on the UTA system. The total value of the original agreement was $379,000: the District and Foundation’s portion was $279,000 (22-F0280) and the Salt Lake City Corporation, through a funding agreement, was $100,000 (22-F0285).
These agreements were extended for the 2023-2024 school year. The extension also increased the number of authorized users to include a “guardian pass.” The new agreement allows one pass per student-household for use by a student’s guardian. The increased users added an additional 11,600 passes and increased the contract by $114,209 for a combined-contract total of $493,209.
UTA will extend the Education Pass Agreement (22-F0280-1) for one (1) additional year through July 31, 2025. The District and Foundation will provide a pass to each student, faculty, and staff as well as one pass per student household for use by a student’s guardian. The total authorized users will be 50,000. The value of the District and Foundation’s Ed Pass Agreement Modification 2 is $279,000 (22-F0280-2). The value of the combined-contract total is $493,209.
Note: The City of Salt Lake, through a funding agreement (24-F28224), will contribute an additional $214,209 to be used to provide transit passes to the district (22-F0280-2). This Funding Agreement will be presented to the Board of Trustees for approval.
DISCUSSION:
Staff proposes that UTA enter Education Pass Agreement Modification 2 with the Salt Lake City School District and Salt Lake Education Foundation.
CONTRACT SUMMARY:
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Contractor Name: |
Salt Lake School District and Salt Lake Education Foundation |
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Contract Number: |
22-F0280-2 |
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Base Contract Effective Dates: |
August 1, 2022 through July 31, 2024 |
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Extended Contract Dates: |
August 1, 2024 through July 31, 2025 |
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Existing Contract Value: |
$558,000 |
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Amendment Amount: |
$279,000 |
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New/Total Contract Value: |
$837,000 |
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Procurement Method: |
n/a |
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Budget Authority: |
n/a |
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ALTERNATIVES:
Do not enter into an agreement with the district and forego revenue and ridership.
FISCAL IMPACT:
$279,000 in additional revenue
ATTACHMENTS:
Contract Modification No. 2