R99-94 AUTHORIZING EXECUTION OF INTERIM AGREEMENT

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other contractual obligations there may be in connection with the acquisition by the City of the transit system to be managed, supervised and operated by ATE and TMD. Notwithstanding the foregoing, all financial obligations arising therefrom shall be considered a direct operating expense of the transit system and shall be paid directly or reimbursed to TMD by the City. ATE '� guarantees the performance of all obligations on TMD's part to be performed hereunder. 9. Any amendments, modifications, changes, extensions, or renewals of collective bargaining agreements or other employee contractual agreements as may hereafter be entered into by TMD shall require the prior approval of the City; provided, however, that nothing in any collective bargaining Interim Agreement between the management company and transit employees shall be construed as a restriction or limitation on the right of the City to enter into a contract or to make arrangements with other entities for the provision of mass transportation services. 10. In the event TMD in order to perform its duties and obligations under this Interim Agreement, has or shall, with the approval of the City, contract with, or obligate itself to, another or others, City shall, upon the expiration or other termination of this Interim Agreement, assume itself, or cause to be assumed by others, the obligation or liability of TMD thereunder. 11. City shall furnish all property either real, personal or mixed and all office space, garaging and repair facilities, furniture, equipment, buildings, buses, other motor vehicles, supplies, materials, utilities and other services as may be reasonably required to properly and efficiently manage, supervise and operate said transit system, all of which said property shall be and remain the properiy of City. 12. ATE and TMD shall make no alterations in or additions to any of said property without obtaining the prior consent of the City. 5