26-0539
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 9 records across this site
- Amount
- $21.1M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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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) -… 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 2025-26 (Ordinance S-52017) -… Agreement between Valley Metro Rail, Inc. and City of Phoenix for Bridge Inspection Services (Ordinance S-51642) - Citywide & Out of City Intergovernmental Agreement with Valley Metro Rail, Inc. for Public Safety Access to Public Access Video (Ordinance S-51250)All 9 records for Valley Metro Rail, Inc →
- Committee
- City Council
- Introduced
- May 14, 2026
- On agenda
- June 8, 2026
Where it was heard
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