24-0626
Approving and authorizing the City Manager to enter into a funding agreement with Valley Metro Rail, Inc., for the current light rail operations in the City of Mesa. The estimated cost of service for operations, maintenance and facility landscaping of the existing light rail line for fiscal year 20234/25 is $19,428,000. The City anticipates receiving $3,036,289 in light rail fares, advertising, preventive maintenance grant and Arizona Lottery Funds for a net impact to the City’s General Fund of $16,391,711. (Districts 3 and 4) Resolution No. 12238
What this record is
- Held by
- Valley Metro Rail, Inc 10 records across this site
- Amount
- $19.4M
- Runs until
- no end date published in this record
- Type
- contract
Read automatically from the title of the official record. The source document below is authoritative.
Valley Metro Rail, Inc also holds
Approving and authorizing the City Manager to enter into a funding agreement with Valley Metro Rail, Inc., for the current light rail operations in th… Annual Operations Funding Agreement with Valley Metro Rail for Operational Costs for Light Rail Services for Fiscal Year 2026-27 (Ordinance S-52983) -… Approving and authorizing the City Manager to enter into a funding agreement with Valley Metro Rail, Inc., for the current light rail operations in th… Retroactive Authorization to Submit Federal Transit Administration’s RAISE Grant Program and Low No Emission Grant Program Grant Applications and Ente… Annual Operations Funding Agreement with Valley Metro Rail for Operational Costs for Light Rail Services for Fiscal Year 2025-26 (Ordinance S-52017) -…All 10 records for Valley Metro Rail, Inc →
- Committee
- City Council
- Introduced
- June 3, 2024
- On agenda
- July 1, 2024