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AGREEMENT <br />BETWEEN THE METROPOLITAN COUNCIL AND THE CITY OF RAMSEY <br />FOR TRANSIT CONVENIENCE/PREPAID FARE REIMBURSEMENTS <br />THIS AGREEMENT is made and entered into by and between the .Metropolitan Council, a <br />public corporation and political subdivision of the State of Minnesota, ("Council"), and the City <br />of Ramsey ("Provider"). <br />WHEREAS: <br />The Metropolitan Council is authorized by Minnesota Statutes, section 473.408, to <br />establish and administer fare structure in the Twin Cities Metropolitan Area, referred to <br />as the "region" in this agreement. <br />2. The regional fare structure provides regional fare levels and regional fare tools for the use <br />of all regional transit providers to accept as payment for rides. <br />3. -The Council's Metro Transit division administers all convenience/prepaid fare programs <br />and is the recipient of all convenience/prepaid fare revenue. <br />4. Convenience/prepaid fare revenue is distributed on a per ride reimbursement basis to <br />eligible providers in an equitable manner as determined by the Council. <br />The purpose of this agreement is to define the terms and conditions under which the <br />Council, through its Metro Transit division, will distribute convenience/prepaid fare <br />revenues to the Provider, including fares that are eligible for reimbursement, the <br />reimbursement .value per ride of various convenience/prepaid fares, data collection <br />requirements, and required methods for the reimbursement process. <br />NOW, THEREFORE, the above-named parties hereby agree as follows: <br />1. Definition of a Convenience/Prepaid Fare. A Convenience/Prepaid Fare is defined as a <br />fare prepaid by a customer prior to a transit ride. A Convenience/Prepaid Fare allows a customer <br />to board a regional transit vehicle by using the pre-paid fare media, in whole or in part, instead of <br />cash for payment of the transit fare. <br />2. Types of Convenience/Prepaid Fares; Reimbursement Value. At the time this <br />agreement is entered into, the region uses the following types of Convenience/Prepaid Fares: <br />• tokens, <br />• stored value cards, <br />• stored ride cards, <br />• 31-day passes, <br />• MetroPasses, <br />• U-Passes, <br />• College Passes, and <br />