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R96-87 AUTHORIZING AGREEMENT
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R96-87 AUTHORIZING AGREEMENT
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Last modified
7/5/2016 1:26:35 PM
Creation date
7/5/2016 1:26:33 PM
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Resolution/Ordinance
Res Ord Num
R96-87
Res Ord Title
AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
Approved Date
7/1/1996
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.. • . � j �' � '� `� <br /> , � � � <br /> AGREEMENT <br /> For and in consideration of the promises, covenants, agreements and conditions <br /> hereinafter set forth to be performed, kept and met by the respective parties hereto, this <br /> Agreement is made by and between THE CITY OF DECATUR, ILLINOIS, a Municipal <br /> Corporation, hereinafter referred to as City, and Rvder/ATE. Inc. authorized to and doing <br /> business in the State of Illinois, hereinafter referred to as ATE and Transit Management of <br /> Decatur, Inc. ("TMD"), an Illinois corporation and a wholly-owned subsidiary of Ryder/ATE, <br /> Inc. as follows: <br /> 1. This Agreement shall become and be effective as of July l, 1996 and shall continue in <br /> effect until June 30, 1999 or until the City or ATE shall give notice of its intention and desire to � <br /> terminate the same not less than ninety (90) days prior to the first day of July in the year in which <br /> it is sought to cause said termination. <br /> 2. Commencing with the first day of the term of this Agreement and continuing through the <br /> duration thereof, ATE agrees to furnish full and complete management and supervisory services <br /> reasonably required for the conduct and operation of public transportation facilities owned by the <br /> City and all appurtenances and additions to said facilities for the purpose of providing public <br /> transportation of persons for hire within�the City and areas proximate thereto. <br /> 1 <br />
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