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The 2010 renewal contained several minor changes to the agreement. At that time,the agreement <br /> was changed to allow the County,at its discretion,to provide payments to the SRA equal to 1/12 of <br /> the operating budget on the first of each month in lieu of reimbursement for invoiced expenses each <br /> month. Other changes replaced outdated references throughout the document to the former agency <br /> name, the Council on Aging, with the new agency name, the Senior Resource Association. <br /> For 2013, no modifications are being proposed to the existing agreement. <br /> FUNDING <br /> This is a continuation of an existing agreement for mass transit service. It does not commit the <br /> County to any specified level of financial support. For the current fiscal year, the County is <br /> contributing $475,124 for public transportation. Those funds serve as the local match for various <br /> state and federal grants. The overall mass transit system operating budget is approximately <br /> $1,700,000. <br /> RECOMMENDATION <br /> Staff recommends that the Board of County Commissioners review the attached Agreement for Mass <br /> Transit Service Provision between the County and the Indian River County Senior Resource <br /> Association, Inc., make any necessary changes, and authorize the Chairman to execute the <br /> agreement. <br /> ATTACHMENTS <br /> 1. Agreement for Mass Transit Service Provision <br /> APPROVED AGENDA ITEM: <br /> FOR: A-1a - 3 <br /> BY: <br /> Indian River Co, Approved Date <br /> Admin. I Wis <br /> Legal <br /> Budget 6 `� <br /> Dept. <br /> Risk Mar. <br /> ETommunity Development\Users\MPO\Admin\Agreements\TRANSIT\2013\bcc staffreport.doc 2 <br /> 23 <br />