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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
William Greene, Chief Financial Officer |
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PRESENTER(S): |
Kensey Kunkel, Mgr. Business Development and Sales |
TITLE:
title
Fare Agreement: Ski Bus Service Agreement Amendment 1 (Snowbird Ski Resort, LLC)
end
AGENDA ITEM TYPE:
Service or Fare Approval
RECOMMENDATION:
Ratify Ski Bus Agreement Amendment 1 with Snowbird Ski Resort, LLC
BACKGROUND:
Utah Transit Authority (UTA) and Snowbird Ski Resort, LLC have a longstanding relationship to promote the sustainability and growth of the Ski Bus Service in the Cottonwood Canyons. For the past 20 plus years, Snowbird Ski Resort, LLC and UTA have contracted together to provide transit service to employees and ski pass holders.
For the 2021-2022 Ski Season, UTA and Snowbird Ski Resort, LLC entered a ski bus agreement that was billed in two ways based on the authorized user segment: Season Pass Holder and/or Employees. The agreement was approved by the Board of Trustees on September 8, 2021.
A. Season Pass Holder
• UTA invoiced Snowbird Ski Resort, LLC for transit use by the resort’s season pass holders based on a daily rate of $8.
B. Employees
• UTA invoiced the resort based on a daily rate with a cap. Billing will be based on $8.00 per day and resorts will pay no more than $28 per week.
Summer Season
Snowbird Ski Resort, LLC provides a transit pass to each employee during the resort’s summer season. Employee passes have remained active, but the original ski bus agreement expired. To support Snowbird Ski Resort, LLC during the summer season, the contract will be extended through Amendment 1.
DISCUSSION:
Staff recommends that UTA extend the Ski Bus Agreement with Snowbird Ski Resort, LLC through Amendment 1.
CONTRACT SUMMARY:
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Contractor Name: |
Snowbird Ski Resort, LLC |
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Contract Number: |
21-F0212-1 |
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Base Contract Effective Dates: |
November 1, 2021- May 31, 2022 |
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Extended Contract Dates: |
June 1, 2022 - October 31, 2022 |
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Existing Contract Value: |
$243,150 |
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Amendment Amount: |
$19,200-$24,500 |
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New/Total Contract Value: |
$262,350-$267,650 |
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Procurement Method: |
NA |
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Budget Authority: |
NA |
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ALTERNATIVES:
Do not enter an agreement with Snowbird Ski Resort, LLC and renegotiate the contract terms
FISCAL IMPACT:
Total revenue May 2022-September 30, 2022 is estimated to be between $19,200 and $24,500 and represents an increase between 100-200% as compared to revenue received in the same time period in 2021. Total revenue for the term of the contract is estimated to be between $262,30 and $267,650.
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|
Increase |
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|
100% |
150% |
200% |
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Amendment |
$ 19,200 |
$ 21,800 |
$ 24,500 |
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Existing |
$ 243,150 |
$ 243,150 |
$ 243,150 |
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Total |
$ 262,350 |
$ 264,950 |
$ 267,650 |
ATTACHMENTS:
Amendment 1