2011/11/30 Council Agenda Packet

11 • September 30, 2013). The Parties agree that the number of trips, Per►rip Rates and costs designated in Attachment 2 as applying to the period of October 1, 2012, through September 30, 2013, shall remain so designated in any amended Attachment 2. The Parties agree that notwithstanding the date the amended Attachment is signed by all Parties, the effective date of the amended Attachment 2 shall be October 1, 2012. 7.2 The Parties agree to include the King County Ferry District's water taxi service between West Seattle and downtown Seattle and between Vashon Island and downtown Seattle as a part of the U-PASS program. King County is an authorizing entity under Section 1(K) of the District's Resolution FD 2010-01.1 which enables inclusion of the District's service in ORCA Business Passport Products, of which U-Pass is an example. The Institutions shall pay the amounts identified in Attachment 2 for inclusion of the District's service under the King County Metro pricing section and King County shall be responsible for remitting to the District the compensation as agreed upon among the Institutions and the District and subsequently identified in Attachment 2. 7.3 This Agreement is subject to the fare structures adopted by all Participating Agencies at the time of its execution. Each order for ORCA Cards submitted by the Institutions will be subject to the provisions of this Agreement. 7.4 Each Participating Agency will notify the Lead Institution of a proposed fare adjustment that would affect U-PASS pricing as soon as practicable after it is placed on an agenda of the governing body of the Participating Agency. The Participating Agency will determine the new per trip rate(s) consistent with the methodology used to determine the Per Trip Rates listed in Attachment 2. Once a generally applicable fare adjustment is implemented by any of the Participating Agencies, that Participating Agency's Per Trip Rate(s) and the applicable cost will be adjusted commencing at the beginning of the next calendar quarter unless otherwise expressly specified in Attachment 2 as not subject to increase under this provision for the duration of this Agreement. 7.5 To the extent feasible and subject to their respective authorities, the Participating Agencies and the Institutions will seek to achieve the following goals in developing pricing using ORCA data: a. Maintain the ability for the Lead Institution to negotiate pricing with each individual agency. b. Maintain the ability of the Institutions to enter into a fixed price transit contract, based upon the latest available ridership data from ORCA and agreed upon per trip pricing for each agency, as described in Section 9. c. Provide for transfer pricing policy that results in the Institutions paying only for the most expensive leg of linked trips. 8.0 PAYMENTS AND BILLING 8.1 Invoice and Payment. The Lead Agency shall present a quarterly invoice to the Lead Institution's Designated Representative listed in Attachment 1. The Lead Agency shall issue an invoice at the beginning of each calendar quarter that will include itemized billings for the amount due for that calendar quarter for the following items (as appropriate): each Participating Agency's transit costs for the University's Seattle, Tacoma and Bothell Campuses, Harborview Medical Center, the College; shared-cost programs; and other applicable programs. The invoice issued in October 2011 shall also include the reconciliation credit/charge, if any, calculated for the contract ending U-PASS Agreement 51 Page 6 of 44 Final, October 2011