This contract is for the provision of discounted public transit passes to Yavapai Community College District students and employees. The City of Cottonwood's Cottonwood Area Transit will provide the passes at a 50% discount, with prices ranging from $40 to $100 per pass per semester. The contract has a term of 6 years, with the option to renew for up to 5 additional one-year periods. The contract includes provisions for payment, termination, and indemnification. Key aspects of the contract include:
• The contract is a Memorandum of Understanding (MOU) between the City of Cottonwood and Yavapai Community College District.
• The MOU outlines the terms and conditions for the provision of discounted public transit passes.
• The contract has a term of 6 years, with the option to renew for up to 5 additional one-year periods.
• The City of Cottonwood's Cottonwood Area Transit will provide the passes at a 50% discount.
• The contract includes provisions for payment, termination, and indemnification.