Fiscal Note
The proposed resolution authorizes contracting with inter-city bus companies to recoup City maintenance costs incurred at the Dutch-Mill Parking Lot and the future Lake Street Bus Terminal. It is estimated that contracts associated with the Dutch-Mill Parking Lot will generate between $50,000 and $100,000 of revenue annually.
Title
Authorizing the City to execute agreements with inter-city bus providers to recover facility maintenance costs (District 2, District 8, District 16).
Body
WHEREAS Madison has in the past entered into agreements with Inter-city Bus providers to recover maintenance costs associated with the Dutch Mill parking lot; and
WHEREAS many of the agreements with inter-city bus providers have expired; and,
WHEREAS, the City desires to reinstitute these agreements to both recover costs and obtain necessary insurance and indemnifications;
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and City Clerk and Attorney are authorized to negotiate agreements with inter-city bus service providers.