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Cornell to Pay TCAT More Than $3.3 Million Annually For Next Four Years
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Cornell and Tompkins County Area Transit reached a new four-year agreement over Cornell’s annual contribution to the transit agency.
The Cornell Daily Sun (https://cornellsun.com/tag/memorandum-of-understanding/)
Cornell and Tompkins County Area Transit reached a new four-year agreement over Cornell’s annual contribution to the transit agency.
The University approved the revised version of the MOU passed by the Common Council, increasing voluntary annual contributions to $4 million for a 15-year span.
The Common Council voted to amend the memorandum of understanding with Cornell University to a 15-year term, making it subject to approval by the Cornell Board of Trustees.
Cornell and groups within Ithaca have been aiming to find a resolution for the ongoing issue regarding increasing funds from the University to the City.