HomeMy WebLinkAboutResolution 142 $ESOLUTI0N FILE NO.
WHEREAS, in accordance with the D/FW Surtran Taxi Criteria approved by the
City Council (MSC G-2104), the Dallas Public Transit Board of the City of
Dallas has accepted the joint bid proposal'of Yellow Cab of Dallas, Dallas,
Texas, and the Fort Worth Cab and Baggage Company, Fort Worth, Texas,
operating as New Corp., Inc. to furnish taxi cab service to and from the
D/FW Regional Airport from the cities of Dallas and Fort Worth as well as
adjacent cities and areas; and
WHEREAS, the D/FW Surtran Taxi Criteria provides that the rate schedules
proposed for the taxi service will be approved by the City Councils of Fort
Worth and Dallas; and
WHEREAS, the terms and conditions for such taxi cab service have been nego-
tiated with the officials of New Corp., Inc. (Subsequently incorporated
as Surtran Taxi Cab, Inc.)
Now, Therefore,
BE IT RESOLVED BY THE CITY OF FORT WORTH:
SECTION 1. That the following concession fees which have been accepted by
Surtran Taxi Cab, Inc. be and it is hereby approved:
(1) A 75o per trip loading fee.
(2) In addition to the loading fes, Su_ztran will share in the
profits of Surtran Taxi Cab, Inc. that is based upon a SO
percent take of all profit over and above a S percent operating
profit being defined as net profit after all operating expenses,
interest and depreciation, but before corporate income taxes and
principal debt retirement.
SECTION 2. That a copy of this resolution shall be filed with the City
Auditor.
SECTION 3. That this resolution shall take effect immediately from and
after its passage in accordance with the provisions of the
Charter of the City of Fort Worth and it is accordingly so
resolved.
APPROVED AS TO FORM:
.ow,
S. G. Johndroe, City Attorney