Fiscal Note
The proposed resolution amends the 2019 Metro Capital Budget to add $76,000 of GO Borrowing to the Transit System Upgrades program to purchase three (3) GFI Fast Fare Meters from Genfare for $34,000 and three (3) V8 Radio Systems from Trapeze Software Group, Inc. for $42,000.
Three existing Metro buses will be retained instead of retired at the time of the annual bus replacement purchases in 2019 and directed for service to Sun Prairie. In order to accomodate this increase in service level Metro needs additional radio and fare meter equipment as outlined in this resolution to equip the busses providing service to Sun Prairie.
Metro Transit is working with the City of Sun Prairie on a partner agreement to finalize expanded service. A separate resolution will be submitted at the time an agreement is finalized in 2019, along with any operating budget adjustments necessary to accommodate that service agreement. It is anticipated that the City of Sun Prairie will fund the operating costs of expanded service.
The radio and meter equipment proposed for purchase via this resolution is being submitted by Metro Transit in advance of the finalized agreement to account for lead time anticipated for ordering, delivery, and installation of the equipment. Metro Transit plans to have the equipment installed on the three buses so that at the time the agreement with Sun Prairie is finalized the buses will be operable.
Title
Amending the 2019 Transit Utility Capital Budget to add $76,000 of GO Borrowing to the Transit System Upgrades program to purchase three (3) GFI Fast Fare Meters from Genfare for $34,000 and three (3) V8 Radio Systems from Trapeze Software Group, Inc. for $42,000 to equip buses servicing new routes between the City of Madison and the City of Sun Prairie.
Body
The City of Madison, in support of making public transit more regional and serving more partners in surrounding communities, seeks to maximize opportunities to use resources to provide a...
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