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AG 2011 05 16
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AG 2011 05 16
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Last modified
6/13/2011 8:47:54 PM
Creation date
11/27/2017 11:15:18 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
5/16/2011
Board
Board of Commissioners
Meeting Type
Regular
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d. Records The Contractor agrees to keep satisfactory records pertaining to the use <br />of Project property, and submit to the Department upon request such information as may be <br />required to assure compliance with this Section of this Agreement. <br />e. Incidental Use The Contractor agrees that: <br />(1) General Any incidental use of Project property will not exceed that <br />permitted under applicable Federal and State laws, regulations, and directives. <br />(2) Alternative Fueling Facilities As authorized by 49 U.S.C. § 5323(p), any <br />incidental use of its federally financed alternative fueling facilities and equipment by non - transit <br />public entities and private entities will be permitted, only if the: <br />(a) Incidental use does not interfere with the Contractor's Project or <br />public transportation operations; <br />(b) Contractor fully recaptures all costs related to the incidental use from <br />the non - transit public entity or private entity; <br />(c) Contractor uses revenues received from the incidental use in excess <br />of costs for planning, capital, and operating expenses that are incurred in providing public <br />transportation; and <br />(d) Private entities pay all applicable excise taxes on fuel. <br />f. Title to Vehicles The Certificate of Title to all vehicles purchased under the <br />Approved Budget for this Project shall be in the name of the Contractor. The Department's <br />Public Transportation Division shall be recorded on the Certificate of Title as first lien - holder. <br />In the event of project termination or breach of contract provisions, the Contractor shall, upon <br />written notification by the Department, surrender Project equipment and /or transfer the <br />Certificate(s) of Title for Project equipment to the Department or the Department's designee. <br />g. Encumbrance of Project Propertv The Contractor agrees to maintain satisfactory <br />continuing control of Project property as follows: <br />(1) Written Transactions The Contractor agrees that it will not execute any <br />transfer of title, lease, lien, pledge, mortgage, encumbrance, third party contract, sub <br />agreement, grant anticipation note, alienation, innovative finance arrangement (such as a <br />cross border lease, leveraged lease, or otherwise), or any other obligation pertaining to Project <br />properly, that in any way would affect the continuing Federal and State interest in that Project <br />property. <br />(2) Oral Transactions The Contractor agrees that it will not obligate itself in any <br />manner to any third party with respect to Project property. <br />(3) Other Actions The Contractor agrees that it will not take any action <br />adversely affecting the Federal and State interest in or impair the Contractor's continuing <br />control of the use of Project property. <br />h. Transfer of Project Property The Contractor understands and agrees as follows: <br />(1) Contractor Request The Contractor may transfer any Project property <br />financed with Federal assistance authorized under 49 U.S.C. chapter 53 to a local government <br />authority to be used for any public purposed with no further obligation to the Federal <br />Government, provided the transfer is approved by the Federal Transit Administration and <br />conforms with the requirements of 49 U.S.C. §§ 5334(h) (1) through 5334 (h) (3). <br />(2) Federal/State Government Direction The Contractor agrees that the <br />Federal or State Government may direct the disposition of, and even require the Contractor to <br />transfer title to any Project property financed with Federal /State assistance under this <br />Agreement. <br />(3) Leasing Project Property to Another Pam <br />(a) General Prior to entering into any third party contract for leasing <br />Project property to another party, the Contractor agrees to obtain approval from the <br />Department. If the Contractor leases any Project properly to another party, the Contractor <br />agrees to retain ownership of the leased Project property, and assure that the lessee will use <br />Updated 3/01/11 Page 24 of 41 <br />Attachment number 2 <br />F -8 Page 158 <br />
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