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Agreement No. <br />AGREEMENT <br />BETWEEN THE METROPOLITAN COUNCIL <br />AND <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"), <br />and , a transit operating entity of ("Provider"). <br />WHEREAS: <br />1. The Metropolitan Council is authorized by Minnesota Statutes, section 473.408, to establish <br />and administer fare structure in the Twin Cities Metropolitan Area, referred to as the <br />"region" in this agreement. <br />2. The regional fare structure provides regional fare levels and regional fare tools, such as <br />prepaid fare media, for the use of all regional public transit providers to accept as payment <br />for rides. <br />3. The Provider is a regional public transit provider that provides public transit service subject <br />to the regional fare structure. <br />4. The Council's Metro Transit division administers all Convenience/Prepaid Fare programs for <br />the region and is the recipient of all Convenience/Prepaid Fare revenue. <br />5. Convenience/Prepaid Fare revenue is distributed on a per ride reimbursement basis to eligible <br />providers in an equitable manner as determined by the Council. <br />6. 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 prepaid 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 />1 <br />