94-180 Ordinance - Laserfiche WebLink

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07-Dec-1994 D R A F T T H R E E under this Agreement, the. Authority agrees to reimburse the City on a monthly basis pursuant to rates established in accordance with the Cost Reimbursement Model (a copy of which is attached as Schedule 2 and incorporated as if fully rewritten herein). 9 2 In the event the Authority institutes service changes that result in an increase or decrease, respectively, of five (5X) percent or more of the total vehicle miles and/or platform hours provided as of January 1, 1994, under the terms of this Agreement, the City and the Authority shall jointly recalculate the operatin cost factors and Schedule 2 shall be amended to include the revised cost factors This amendment shall not require the approval of the RTA Board of Trustees or the Council of the City of North Olmsted. Service increases or decreases described herein shall be cumulative so that the sum of the percentage of service increases or decreases shall be considered prior to calculating revised costs. Once the direct operating costs have been recalculated no such further recalculation shall occur until such service increase or decrease, respectively, equals or exceeds an additional five (5ti) percent or more of the total vehicle miles and/or platform hours then being provided In the event the parties cannot agree to the recalculation contemplated herein, the City retains the right to appeal to the RTA General Manager in accordance with Section 29 of this Agreement. 9 3 Any cost adjustment that occurs as a result of an increase or decrease in vehicle miles and/or platform hours described in Section 9.2 of this Agreement shall become effective as follows: 1) Service adjustments that occur on or before the Fifteenth (15th) day of the mnnth shall he effective as of the First (1st) day of that month. -11- ~b........ _~R...., _.~..,.._..._