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RENEWED AND RESTATED CLEARWATER BEACH ROUTE FUNDING AGREEMENTRENEWED AND RESTATED CLEARWATER BEACH ROUTE FUNDING AGREEMENT THIS RENEWED AND RESTATED CLEARWATER BEACH ROUTE FUNDING AGREEMENT (Agreement) is entered into effective October 1, 2019, by and between the PINELLAS SUNCOAST TRANSIT AUTHORITY,an independent special district, with its principal place of business located at 3201 Scherer Drive, St. Petersburg, FL 33716 (PSTA), and the CITY OF CLEARWATER, FLORIDA, a municipal corporation, with its principal place of business located at 600 Cleveland Street, Clearwater, Florida 33756 (C,ity of Clearwater)(collectively, the "Parties") to reinstate, renew, and amend that certain Clearwater Beach Route Funding Agreement originally entered into by the Parties on September 20, 2016, as amended and renewed by that certain First Amendment effective October 1, 2017 and the Second Amendment effective October 1, 2018 (the Original Agreement). A copy of the Original Agreement is attached to this Agreement as Exhibit "A". WHEREAS, pursuant to the Original Agreement, City of Clearwater has been contributing funding to PSTA to supplement fixed route trolley services along the Clearwater Beach Route; and WHEREAS, PSTA provides such service by and through its current contract with Jolley Trolley Transportation of Clearwater, Inc., (Jolley Trolley) effective October 1, 2017 through September 30, 2022, as may be amended from time to time (the Jolley Trolley Agreement); and WHEREAS, the Jolley Trolley Agreement provides that PSTA will make certain funding contributions to Jolley Trolley in exchange for fixed route trolley services along the Clearwater Beach Route; and WHEREAS, PSTA would not have entered into the Jolley Trolley Agreement without the shared contribution of the City of Clearwater, as contemplated in the Original Agreement and this Agreement; and WHEREAS, the Parties desire to continue the Original Agreement on the terms and conditions stated herein. NOW THEREFORE, in exchange for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. RECITALS. The above recitals are true and correct and incorporated herein by reference. 2. BASE SERVICE COSTS. City of Clearwater shall contribute toward PSTA's financial obligations under the Jolley Trolley Agreement in an amount equal to the actual revenue hours multiplied by twenty-five percent (25%) of the rate billed to PSTA by Jolley Trolley along the Clearwater Beach Route for each fiscal year this Agreement is in effect. A map of the Clearwater Beach Route is attached to this Agreement as Exhibit "B". PSTA will send an invoice to City of Clearwater no later than the fifteenth RENEWED AND RESTATED CLEARWATER BEACH ROUTE FUNDING AGREEMENT (15th) day of the month immediately following the month during which fixed route trolley services were provided along the Clearwater Beach Route. Each invoice shall be based on actual revenue hours provided and shall include a copy of Jolley Trolley's invoice to PSTA. City of Clearwater shall remit payment on the fifteenth (15th) day of the month following receipt of such invoice. For the fiscal year beginning October 1, 2019 and ending September 30, 2020, it is estimated that the City of Clearwater's funding contribution amount will not exceed Two Hundred Eighty-five Thousand Five Hundred Forty-seven U.S. Dollars and NO/100 ($285,547) in the aggregate. This annual estimated amount shall increase each fiscal year, in accordance with the rate schedule provided for in the Jolley Trolley Agreement. It is expressly acknowledged that the Jolley Trolley rates will increase each fiscal year pursuant to the terms of the Jolley Trolley Agreement and that City of Clearwater will continue to pay 25% of such increased rates pursuant to the terms of this Agreement. 3. ANNUAL APPROPRIATIONS; FAILURE TO MAKE PAYMENT. In the event that the City of Clearwater determines that sufficient budgeted funds are not available to appropriate for payments due to PSTA under this Agreement, the City of Clearwater shall notify PSTA of such occurrence and this Agreement shall terminate on the last day of the then current fiscal peridd, and the City of Clearwater shall not owe PSTA any further contribution towards PSTA's 'financial obligations under the Jolley Trolley Agreement. However, in the event this Agreement is terminated, such termination may result in the termination of the Trolley Services along the Clearwater Beach Route. For purposes of this Section, the term "fiscal period" means the period between October 1st and September 30th 4. EFFECTIVE DATE. This Agreement shall take effect on the first date above written and shall terminate on September 30, 2022; the expiration or termination of the Jolley Trolley Agreement, however terminated; or expiration or termination of this Agreement as provided herein, whichever occurs first. To the extent that this Agreement conflicts with the Original Agreement, the provisions of this Agreement shall govern. 5. REPRESENTATIONS AND WARRANTIES. The Parties represent and warrant that they are authorized to enter into this Agreement without the consent or joinder of any other person or entity and that the individuals executing this Agreement have full power and authority to bind their respective parties hereto. Nothing contained herein shall be construed to limit or waive any of PSTA's rights under the Jolley Trolley Agreement. [Remainder of this page intentionally left blank] Page 2 of 4 RENEWED AND RESTATED CLEARWATER BEACH ROUTE FUNDING AGREEMENT IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date first above written. ATTEST: APPROVED AS TO FORM: Alan S. Zimm G1stral Counsel PINELLAS SUNCOAST TRANSIT AUTHORITY Brad Miller, Chief Executive Officer [Remainder of this page intentionally left blank — City of Clearwater Signature Page Follows] Page 3 of 4 AMENDMENT 2 TO CLEARWATER BEACH ROUTE FUNDING AGREEMENT Countersigned: -cteor tuvr L\405 George Cretekos Mayor Approved as to form: Michael P. Fuino Assistant City Attorney Page 4 of 4 CITY OF CLEARWATER w William B. Horne, I City Manager Attest: bdakivue:G « Rosemarie Call »rrn City Clerk �Q aA;_!cl�► o 0 irc1 Ai.)pivrx(-i CLEARWATER BEACH ROUTE FUNDING AGREEMENT THIS FUNDING AGREEMENT (Agreement) is entered into on this 1 0 day of Lion, 1,q 2016, by and between the PINELLAS SUNCOAST TRANSIT AUTHORITY, an • independent special district ("PSTA"), with its principal place of business located at 3201 Scherer Drive North, St. Petersburg, FL 33716, and the CITY OF CLEARWATER, FLORIDA, a municipal corporation of the State of Florida with its principal place of business located at at 112 South Osceola Avenue, Clearwater, Florida 33756 (the "City of Clearwater") (collectively referred to as the "Parties"). WHEREAS, PSTA, by and through the draft agreement with Jolley Trolley Transportation of Clearwater, Inc. dated September 22, 2016 (the "Jolley Trolley Agreement") (attached hereto as Exhibit 1) intends to engage the Jolley Trolley to provide fixed route trolley services including the fixed route services on Clearwater Beach as part of the Beach Routes (the "Clearwater Beach Route"); and WHEREAS, the Jolley Trolley Agreement provides that PSTA will make certain funding contributions to Jolley Trolley in exchange for the Clearwater Beach Route services; and WHEREAS, PSTA will not enter into the Jolley Trolley Agreement without the shared contribution of the City of Clearwater, as contemplated by this Agreement. WHEREAS, City of Clearwater, recognizing the benefits of the Clearwater Beach Route provided by the Trolley Services will bring, desires to make a contribution to PSTA toward PSTA's financial obligations under the Jolley Trolley Agreement, on the terms and conditions set forth herein; and NOW, THEREFORE, the Parties for and in receipt of the mutual promises and consideration described herein, hereby mutually agree that: 1. RECITALS. The above recitals are true and correct and, together with all exhibits, are incorporated herein by reference. 2. BASE SERVICE COSTS. City of Clearwater will contribute toward PSTA's financial obligations under the Jolley Trolley Agreement for Clearwater Beach Route for base service costs for the period beginning October 1, 2016 and ending September 30, 2017 at a cost not to exceed $182,503.1 PSTA shall send an invoice to City of Clearwater no later than the 15th day of the month following the service which will be based on actual revenue hours provided to PSTA by Jolley Trolley. The contributions made under this Agreement and sent via invoice will be paid directly to PSTA on the 15th day of the month following receipt of each invoice (such that the first payment shall be due on November 15, 2016). In any event, the total contribution amount for City of Clearwater shall not exceed the amount set forth on Page 18 of Exhibit 1. The base service cost does not include the potential payment for any shortfall in the Advertising RecoveryEstimate as set forth in Paragraph 6. 3. ADDITIONAL GRANT FUNDING. Any additional grant funding afforded to the Jolley Trolley from City of Clearwater shall not be subject to PSTA review unless specifically requested. 4. FAILURE TO MAKE PAYMENTS. In the event City of Clearwater fails to make the payments provided in Section 2 above, PSTA may cancel this Agreement, which may result in the termination of the Trolley Services. 5. FAREBOX RECOVERY ESTIMATE. The Parties understand that both a Farebox Recovery Estimate and an Advertising Estimate have been set as set forth on Page 18 of Exhibit 1. The Parties agree that PSTA shall be responsible for ensuring Jolley Trolley receives the Farebox Recovery Estimate. The Parties further understand that within thirty (30) days of the end of the contract term for the Jolley Trolley Agreement, that Jolley Trolley and PSTA shall perform a farebox revenue reconciliation which compares the farebox revenue estimate with the actual farebox revenue (the "Farebox Reconciliation"). If the farebox income collected exceeds the farebox recovery estimate set forth on Page 18 of Exhibit 1 (the "Farebox Recovery Estimate"), no additional payment shall be due to Jolley Trolley. However, if the farebox income collected is less than the Farebox Recovery Estimate, PSTA shall be responsible to pay the amount equal to the difference between the fares collected and the Farebox Recovery Estimate. 6. ADVERTISING RECOVERYESTIMATE. The Parties understand that an Advertising Estimate has been set as set forth on Page 18 of Exhibit 1. The Parties agree that the City of Clearwater shall be responsible for ensuring that Jolley Trolley receives the Advertising Recovery Estimate. The Parties further understand that within thirty (30) days of the end of the contract term for the Jolley Trolley Agreement, that Jolley Trolley and PSTA shall perform an advertising revenue reconciliation which compares the advertising revenue estimate with the actual advertising revenue (the "Advertising Reconciliation"). If the advertising revenue income collected exceeds the advertising recovery estimate set forth on Page 18 of Exhibit 1 (the "Advertising Recovery Estimate"), no additional payment shall be due to Jolley Trolley. However, if the advertising revenue collected is less than the Advertising Recovery Estimate, the City of Clearwater shall be responsible to pay the lesser of either (a) the amount equal to the difference between the advertising revenue collected and the Advertising Recovery Estimate or (b) $32,589.75. PSTA may make payment to Jolley Trolley directly and then seek reimbursement from the City of Clearwater. The City of Clearwater shall make any such payment within thirty (30) days receipt of any such bill. Page 2 of 3 7. EFFECTIVE DATE. This Agreement shall take effect on the first date above written and shall terminate upon the expiration or termination of the Jolley Trolley Agreement, however terminated. 8. REPRESENTATIONS AND WARRANTIES. The Parties represent and warrant that they are authorized to enter into this Agreement without the consent or joinder of any other person or entity and that the individuals executing this Agreement have full power and authority to bind their respective parties hereto. Nothing contained herein shall be construed to limit or waive any of PSTA's rights under the Jolley Trolley Agreement. IN WITNESS WHERE OF, the Parties have caused this Agreement to be executed as of the date first above written. PINELLAS SU COAST TRANSIT AUTHORITY Brad Miller, Chief Executive Officer Approved as to Form: Alan 'lis met, Esq. General Counsel CITY OF C � ' ' WATER, FLORIDA Countersigned: --'eteARkt^Crt'TQ O5 By: George N. Cretekos, Mayor Attest: jk) 4414144411-44' William B. Horne II, City Manager Approved as to Form: lizeiluact: Gat ie Call, MPA, CMC Pam Aki , City Attorney Page 3 of 3 AMENDMENT 1 TO CLEARWATER BEACH ROUTE FUNDING AGREEMENT THIS FIRST AMENDMENT TO CLEARWATER BEACH ROJJTE FUNDING AGREEMENT (. first Amendment) is entered into on this 157— day of J I , 2017, by and between the PINELLAS SUNCOAST TRANSIT AUTHORITY, an independent special district, with its principal place of business located at 3201 Scherer Drive, St. Petersburg, FL 33716 (PSTA), and the CITY OF CLEARWATER, FLORIDA, a municipal corporation, with its principal place of business located at 112 South Osceola Avenue, Clearwater, Florida 33756 (City of Clearwater)(collectively, the "Parties") to amend and renew that certain Clearwater Beach Route Funding Agreement entered into by the Parties on September 20, 2016 (the Agreement). WHEREAS, pursuant to the Agreement, City of Clearwater has been contributing funding to PSTA to supplement fixed route trolley services along the Clearwater Beach Route, and WHEREAS, the Parties desire to continue the Agreement as amended by this First Amendment; and WHEREAS, unless otherwise defined in this Amendment, all capitalized terms used in this Amendment shall have the meaning defined in the Agreement. NOW THEREFORE, in exchange for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. The above recitals are true and correct and incorporated herein by reference. 2. Section 2 of the Agreement is hereby amended to read as follows: BASE SERVICE COSTS. City of Clearwater shall contribute toward PSTA's financial obligations under the Jolley Trolley Agreement for the actual revenue hours provided along the Clearwater Beach Route for each fiscal year the Agreement is in effect. PSTA will send an invoice to City of Clearwater no later than the fifteenth (15th) day of the month immediately following the month during which fixed route trolley services were provided along the Clearwater Beach Route. Each invoice shall be based on actual revenue hours provided. City of Clearwater shall remit payment on the fifteenth(15th) day of the month following receipt of such invoice. For the fiscal year beginning October 1, 2017 and ending September 30, 2018, the funding contribution amount shall not exceed Two Hundred and Seventeen Thousand Two Hundred Sixty-three U.S. Dollars and NO/100 (5217,263). 3. Sections 5 and 6 of the Agreement are hereby deleted entirely. 4. This First Amendment shall be effective October 1, 2017 through the term of the Agreement. All other provisions of the Agreement not specifically amended by this First Amendment, shall remain in full force and effect. To the extent that this Amendment conflicts with the Agreement, the provisions of this First Amendment shall govern. IN WITNESS WHEREOF, the Parties have caused this First Amendment to be executed as of the date first above written. PINELLAS SUNCOAST TRANSIT AUTHORITY APPROVED AS TO FORM:: Amort S. l'>`1. General Counsel Count e ned: c€.O tt4tf& col George N. Cretekos, Mayor Attest: R, Rosemarie Call, City Clerk Brad Miller, Chief Executive Officer CITY OF CLEARWATER Az1,..A. William B. Horne, II, City Manager Appro . d as corm: Matthew mith, Assistant City Attorney AMENDMENT 2 TO CLEARWATER BEACH ROUTE FUNDING AGREEMENT THIS SECOND AMENDMENT TO CLEARWATER BEACH ROUTE FUNDING AG' MENT (Second Amendment) is entered into on this 1m day of , 2018, by and between the PINELLAS SUNCOAST TRANSIT AUTHORITY, an independent special district, with its principal place of business located at 3201 Scherer Drive, St. Petersburg, FL 33716 (PSTA), and the CITY OF CLEARWATER, FLORIDA, a municipal corporation, with its principal place of business located at 112 South Osceola Avenue, Clearwater, Florida 33756 (City of Clearwater)(collectively, the "Parties") to amend and renew that certain Clearwater Beach Route Funding Agreement entered into by the Parties on September 20, 2016, as amended and renewed by that certain First Amendment effective October 1, 2017 (the Agreement). WHEREAS, pursuant to the Agreement, , City of Clearwater has been contributing funding to PSTA to supplement fixed route trolley services along the Clearwater Beach Route, and WHEREAS, the Parties desire to continue the Agreement as amended by this Second Amendment; and WHEREAS, unless otherwise defined in this Second Amendment, all capitalized terms used in this Second Amendment shall have the meaning defined in the Agreement. NOW THEREFORE, in exchange for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. The above recitals are true and correct and incorporated herein by reference. 2. Section 2 of the Agreement is hereby amended to read as follows: BASE SERVICE COSTS. City of Clearwater shall contribute toward PSTA's financial obligations under the Jolley Trolley Agreement for the actual revenue hours provided along the Clearwater Beach Route for each fiscal year the Agreement is in effect. PSTA will send an invoice to City of Clearwater no later than the fifteenth (15th) day of the month immediately following the month during which fixed route trolley services were provided along the Clearwater Beach Route. Each invoice shall be based on actual revenue hours provided. City of Clearwater shall remit payment on the fifteenth (15th) day of the month following receipt of such invoice. For the fiscal year beginning October 1, 2018 and ending September 30, 2019, the funding contribution amount shall not exceed Two Hundred and Eighteen Thousand Five Hundred Twelve U.S. Dollars and NO/100 (218,512). 3. This Second Amendment shall be effective October 1, 2018 through the term of the Agreement. All other provisions of the Agreement not specifically amended by this AMENDMENT 2 TO CLEARWATER BEACH ROUTE FUNDING AGREEMENT Second Amendment, shall remain in full force and effect. To the extent that this Amendment conflicts with the Agreement, the provisions of this Second Amendment shall govern. IN WITNESS WHEREOF, the Parties have caused this Second Amendment to be executed as of the date first above written. ATTEST: APPROVED AS TO FORM: Alan S. Zi' f' neral Counsel Mem ain e er` of this page intentionally left blank — City of Clearwater Signature Page Follows] PINELLAS SUNCOAST TRANSIT AUTHORITY Brad Miller, Chief Executive Officer Page 2 of 3 AMENDMENT 2 TO CLEARWATER BEACH ROUTE FINDING AGREEMENT Countersigned: c eo( it iv' t\t c George N. Cretekos, Mayor Attest: CITY OF CLEARWATER 6. 411.4......„--4r William B. Home, II, City Manager Approved as to form: Rosemarie Call, City C .: � ' aura Mahony, Assistant City Page 3 of 3