To: MAYOR AND CITY COUNCIL
From: ELIZABETH HAUSE, COMMUNITY SERVICES DIRECTOR
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ADOPT BY 4/5THS VOTE AND BY TITLE ONLY RESOLUTION NO. CC-2412-121, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, TO AUTHORIZE A BUDGET MODIFICATION FOR FISCAL YEAR 2024-2025 TO ALLOCATE TO AND APPROPRIATE PROPOSITION A LOCAL RETURN TRANSPORTATION FUNDS IN THE AMOUNT OF $168,000 TO THE TRANSIT FUND
APPROVE THE THIRD AMENDMENT TO THE AGREEMENT WITH PARKING CONCEPTS, INC. FOR OPERATIONS AND MAINTENANCE OF THE BEACH CITIES TRANSIT AND WAVE DIAL-A-RIDE SYSTEM FOR AN UPDATED ANNUAL TOTAL NOT TO EXCEED AMOUNT OF $3,564,833
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EXECUTIVE SUMMARY
On May 5, 2020, the City Council approved an Agreement with Parking Concepts, Inc. dba Transportation Concepts, to manage the Beach Cities Transit (BCT) fixed-route and dial-a-ride systems as the contract operator. On May 16, 2023, the City Council approved the first amendment extending the Agreement from July 1, 2023 through June 30, 2025, and increasing the hourly revenue service rate and monthly fixed cost fee for FY 2023-24 based on the December 2022 Consumer Price Index (CPI) of 4.9%. On May 21, 2024, the City Council approved the second amendment to the Agreement which increased the hourly revenue service rate and monthly fixed cost fee for FY 2024-25 based on the December 2023 Consumer Price Index (CPI) of 3.5%.
Staff recommends that the City Council adopt a resolution authorizing a budget modification for FY 2024-25 to appropriate additional Proposition A Local Return transportation funds in the amount of $168,000 and approve the proposed third amendment to the Agreement with Parking Concepts to increase the hourly revenue service rate to $58.27, resulting in an additional expenditure of $168,000 for the period January 1, 2025 to June 30, 2025, and a new annual amount of $3,564,833, excluding Special Transportation Service costs.
BCT services are funded by dedicated transportation rest...
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