2004/12/08 Council Agenda Packet

J Amendment One to Regional Pass and Fare Reconciliation Program Agreement THIS AMENDMENT is entered into this day of 2004,by and between the CENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY("Sound Transit"); the CITY OF EVERETT("Everett Transit");KING COUNTY ("King County Metro");PIERCE COUNTY PUBLIC TRANSPORTATION BENEFIT AREA CORPORATION("Pierce Transit"); and SNOHOMISH COUNTY PUBLIC TRANSPORTATION BENEFIT AREA CORPORATION("Community Transit")each of which is herein referred to individually as a"Party"or collectively as "Parties." WHEREAS,the Parties executed the Regional Pass and Fare Reconciliation Program Agreement on January 1, 2002,which implemented regional transfer acceptance and reconciliation policies in furtherance of the goal of providing customers ease of access to all transit services in the Puget Sound Region; and WHEREAS,the Agreement has an expiration date of December 31,2004, but it also allows the Parties to extend the Agreement for three additional one-year periods with the prior written consent of the General Managers of the Parties; and WHEREAS,the Parties desire to exercise their right to extend the Agreement under the same terms and conditions through this Amendment One. NOW,THEREFORE, in consideration of the mutual covenants contained herein, the sufficiency of which is hereby acknowledged,the Parties hereby agree to amend the above-referenced Agreement as follows: Section One. Section 2.a of the Agreement is hereby amended to read as follows: Section 2 TERM OF AGREEMENT a) Effective Date. This Agreement shall become effective on January 1,2002. Unless terminated as provided herein,this Agreement shall remain in effect until the earlier of December 31,2005 or when a viable program replacing the need for and supporting the goals of this agreement is in place,as reasonably determined by the Parties. However,the termination of this Agreement due to its replacement by another program shall in no way relieve any Party of its obligations incurred under this Agreement prior to such termination. This Agreement may be extended for two(2) additional one-year periods with the prior written consent of the General Managers of the Parties. Section Two. All provisions of the Agreement not referenced in this Amendment One shall remain in effect.