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75-173 Resolution
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75-173 Resolution
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Last modified
1/15/2014 3:00:48 PM
Creation date
1/14/2014 10:12:53 AM
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North Olmsted Legislation
Legislation Number
75-173
Legislation Date
6/26/1975
Year
1975
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SCH~DtiL.. F: <br />COST R I`:B~RSc:`:i::;T Sl'S: `: <br />REVEtiUE FI~'Dl`:G <br />General <br />All revenues received by the City or collected by RTA on <br />behalf of the City will be credited or distributed to the different <br />types of service to which they are attributable. In general, all fare <br />box revenues will be collected, counted, deposited, and accounted for <br />by RTA. Revenues from transit advertising, charter service, accident <br />reitrburse^ent, fuel tax rei-~bursement and other miscellaneous revenues <br />will normally be collected by the City. RTA will regularly sub:~it to <br />the City a report of revenues attributable to the City. <br />Allocation or distribution of revenues to the type of service <br />will be in accordance with the procedures below. Revenues received by <br />the Ci y and allocated to scheduled service will be reported and used to <br />offset reimbursed costs. <br />Fare Box Revenues <br />-All fare box revenues will be retained by RTA. Reir.,burse;:,ent <br />of revenue collected by RTA for school service provided by the Cit}' will <br />be made to tine City on the basis of average daily riderstlip of such <br />service at the rate per ride specified in the agreeTent between the City <br />and RTA. Average daily ridership figures are to be prepared by the City <br />and .are subject to periodic audit by RTA• Estimates of revenue fro-i <br />sources not failing within precise definitions of scheduled service and <br />school service shall be made by special studies. <br />~~dvertising Revenue <br />All revenue fro~ the sale of transit advertising will be <br />credited to each type of service based on the. ratio of vehicle wiles <br />for each t~~p~ of service to total vehicle ;wiles. The rev~nu~ will be <br />Cru(~.lted tQ (':iCil C}'~~= CSI SC:rG1C~' In the pi'rlOd 11 w:11C;1 It 1S Carn~.u. <br />,,..ate- .,-,-~<«,~.. <br />~.~,. -~rz.aru ~.. ~:.r.:.r ~~ ,..''.960'x.. <br />
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