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 2026/27 is $21,148,000. The City anticipates receiving $2,866,000 in light rail fares, advertising, preventive maintenance grant and Arizona Lottery Funds for a net impact to the City’s General Fund of $18,282,000. (Districts 3 and 4) Resolution No. 12544

What this record is

Held by

Valley Metro Rail, Inc 10 records across this site

Amount

$21.1M

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

Annual Operations Funding Agreement with Valley Metro Rail for Operational Costs for Light Rail Services for Fiscal Year 2026-27 (Ordinance S-52983) -… Phoenix, AZ 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… $18.0M Mesa, AZ Retroactive Authorization to Submit Federal Transit Administration’s RAISE Grant Program and Low No Emission Grant Program Grant Applications and Ente… Phoenix, AZ Annual Operations Funding Agreement with Valley Metro Rail for Operational Costs for Light Rail Services for Fiscal Year 2025-26 (Ordinance S-52017) -… Phoenix, AZ Agreement between Valley Metro Rail, Inc. and City of Phoenix for Bridge Inspection Services (Ordinance S-51642) - Citywide & Out of City Phoenix, AZ

All 10 records for Valley Metro Rail, Inc →

Committee

City Council

Introduced

May 14, 2026

On agenda

June 8, 2026

Where it was heard

City Council Jun 8, 2026