TITLE
The Mayor and City Council shall discuss and take action on approving an Intergovernmental Transportation Funding Agreement between the Pinal Regional Transportation Authority (PRTA) and the City of Maricopa for Public Transportation Expenses. Discussion and Action.
AGENDA ITEM DESCRIPTION
Pinal Regional Transportation Authority (PRTA) authorizes the Authority to act as a regional taxing authority for the purpose of funding multi-modal transportation operations and improvements identified in the PRTA Plan that was approved by the voters at a special election held in Pinal County, Arizona November 7, 2017. Under the Plan, the voters approved several Plan Elements. This Agreement implements a component of one Plan Element, the Maricopa public transit services component (Maricopa Transit Services) of the Public Transportation Element.
The purpose of this Agreement is to establish a process for reimbursing Maricopa for Maricopa Transit Services Expenses (operating and administrative only). The term of the Agreement will be an Initial Term of 5 years and a Renewal Term of 5 Years and shall provide $100,000 per year for designated operating and administrative costs.
This IGA and reimbursement plan is predicated on assumption of a favorable decision form the Arizona Supreme Court sometime in the near future. Final oral arguments in the Case occurred more than nine months ago, in December 2020.
Upon receiving the partially executed IGA (should the City Council so authorize), the PRTA Executive Committee will review and discuss and shall forward a recommendation to the PRTA Board for approval in late October 2021.
STAFF RECOMMENDATION
Staff recommends approval of the IGA.