|
TO: |
Board of Trustees |
|
THROUGH: |
Jay Fox, Executive Director |
|
FROM: |
William Greene, Chief Financial Officer |
|
PRESENTER(S): |
Kensey Kunkel, Mgr. Business Development-Sales |
TITLE:
title
Fare Agreement: Special Events Agreement (The Church of Jesus Christ of Latter-Day Saints)
end
AGENDA ITEM TYPE:
Service or Fare Approval
RECOMMENDATION:
Authorize the Executive Director to enter into a Special Event Agreement with The Church of Jesus Christ of Latter-Day Saints.
BACKGROUND:
The Church of Jesus Christ of Latter-Day Saints and Utah Transit Authority (UTA) are longstanding partners dedicated to providing transit solutions to and from Church events. Historically, the parties have partnered through a Special Event Agreement to provide transit access to Church events.
DISCUSSION:
The Church and UTA propose to enter into a special event contract. This partnership will allow tickets to specific events, as listed in the contract, to be valid fare on UTA services on the day of the event. Ski and Paratransit Service are not included. The value of this agreement is $136,000. With agreement of both parties, the Church of Jesus Christ of Latter-Day Saints may add additional events not listed in the contract at the following price schedule based on tickets sold as reported by the Church:
|
Tickets Sold |
Price per Event |
|
15,000+ |
$6,750 |
|
5,001-15,000 |
$4,500 |
|
< 5,000 |
$2,250 |
CONTRACT SUMMARY:
|
Contractor Name: |
The Church of Jesus Christ of Latter-Day Saints |
|
Contract Number: |
23-F0335 |
|
Base Contract Effective Dates: |
04/01/2023 - 12/31/2023 |
|
Extended Contract Dates: |
NA |
|
Existing Contract Value: |
NA |
|
Amendment Amount: |
NA |
|
New/Total Contract Value: |
$136,000 |
|
Procurement Method: |
NA |
|
Budget Authority: |
NA |
|
|
|
ALTERNATIVES:
Do not enter into an agreement and forego revenue
FISCAL IMPACT:
Total revenue of $136,000 over 9 months.
ATTACHMENTS:
Contract