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R90-94 AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
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R90-94 AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
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Resolution/Ordinance
Res Ord Num
R90-94
Res Ord Title
AUTHORIZING AGREEMENT FOR MANAGEMENT OF DECATUR PUBLIC TRANSIT SYSTEM
Approved Date
7/2/1990
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. ' � <br /> management or operation of said facilities and the carrying <br /> out of the terms and provisions of this Agreement. <br /> 19. TMD shall operate said transit system on the days, <br /> during the hours and over the routes with such scheduling, <br /> and at such fares as shall be approved or directed by City <br /> from time to time. <br /> 20 . TMD shall collect on behalf of the City and pay <br /> over to the City and account for to the City all revenue, <br /> fares and other income arising from the operation of the <br /> transit system, all of which shall be the property of the <br /> City. <br /> 21 . TMD shall deposit in a bank, or in banks, desig- <br /> nated by the City all monies collected under the provisions <br /> hereof at such times and in such manner as may be directed <br /> by the City from time to time, and shall keep such daily and '' <br /> other periodic records as City may direct, and shall trans- ', <br /> mit the same to City in the manner and form designated by �, <br /> City and shall keep and preserve, or if directed by City ' <br /> shall deliver to City, such tickets, receipts or other I <br /> documents or instruments as City may direct to substantiate II� <br /> the records, books, and accounts of TMD to be kept by TMD in <br /> accordance with accepted good accounting practices as may be <br /> directed by the City under the terms hereof, and shall <br /> permit City, through such personnel as it may authorize, to <br /> 11 <br />
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