Jeff Branscome writes about Spotsylvania County.
More on VRE
Please see the document "Agreement Governing Spotsylvania County’s Admission To Membership In PRTC and Participation In The VRE"
Page 3, Section 2e says basically that if the county withdraws from the agreement, the county can still remain a member of PRTC and collect the gasoline tax to pay off any debt attributed to the county.
The revised county agreement also states that the VRE Operations Board has until Nov. 30 to approve the revisions and that the county would become a member of VRE Jan. 1.
There is mention elsewhere that a new station in the county and the third track must be done in two years after the agreement is ratified. The document also says that the county would not be obligated to pay prior debt VRE has now. It would only be obligated to pay the county’s share of debt incurred under the county’s participation.
So, there is no true "exit clause" in any of the documents, but there does seem to be some revised language that adds some protection for the county if it does want to exit. The VRE Board still must UNANIMOUSLY approve any exit clause.
More on VRE…….
Here is a memo that explains what the county wants changed in the VRE master agreement.
Here is aone major change:
The revised agreement, if approved, contains a provision that allows the county to charge for parking with two rates: one for Spotsylvania residents and one for non-residents.
- Scratch the above off the agreement. According to County Attorney Jacob Stroman, the parking issue is moot and has been removed from the agreement. Apparently, this document is changing by the minute.
Then there is the master agreement creating VRE that has the following revisions that need to be approved by VRE:
- (10) In preparing the annual budget for commuter rail service, the
OPERATIONS BOARD shall make every effort to maintain as level the total local subsidy for the cost of commuter rail service, subject to the payment requirements of outstanding debt service; however, the amount of the subsidy for individual jurisdictions may vary from year to
year due to fluctuations in ridership.
- (11) In preparing the annual budget for commuter rail service, the
OPERATIONS BOARD shall make every effort to enable those Participating Jurisdictions that have access to dedicated transportation funding sources to rely upon the monies received from those dedicated sources to fund their respective share of the costs of commuter rail service , subject to the payments requirements of outstanding debt service, and not general fund monies.
Those are just some of the proposed changes. I have yet to find anything that provides more details about an exit clause change. Still reading…..
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