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COOPERATIVE AGREEMENT NO. C-3-2323 <br /> 1 ARTICLE 3. SCOPE OF AGREEMENT <br /> 2 This Agreement specifies the roles and responsibilities of the Parties as they pertain to the <br /> 3 subjects addressed herein. Both Parties agree that each shall cooperate and coordinate with the other <br /> 4 in all activities covered by this Agreement and any other supplemental agreements that may be required <br /> 5 to facilitate purposes thereof. <br /> 6 ARTICLE 4. RESPONSIBILITIES OF THE AUTHORITY <br /> 7 The AUTHORITY agrees to the responsibilities, requirements, and financial obligations identified <br /> 8 in Exhibit B - Operations, Exhibit C - Maintenance, and Exhibit D - Track Access attached hereto and <br /> 9 made part of this Agreement. <br /> 10 ARTICLE 5. RESPONSIBILITIES OF THE CITY <br /> 11 The CITY agrees to the responsibilities, requirements and financial obligations identified in Exhibit <br /> 12 B - Operations, Exhibit C- Maintenance, and Exhibit D-Track Access attached hereto and made part of <br /> 13 the Agreement. <br /> 14 ARTICLE 6. DELEGATED AUTHORITY <br /> 15 The actions required to be taken by the CITY in the implementation of this Agreement are <br /> 16 delegated to its City Manager, or designee, and the actions required to be taken by the AUTHORITY in <br /> 17 the implementation of this Agreement are delegated to the AUTHORITY's Chief Executive Officer, or <br /> 18 designee. <br /> 19 ARTICLE 7. FINANCIAL OBLIGATIONS OF THE PARTIES <br /> 20 A. AUTHORITY OPERATING COST RESPONSIBILITY <br /> 21 The AUTHORITY is responsible for the Operating Cost of the System. <br /> 22 B. CITY OPERATING COST RESPONSIBILITY <br /> 23 Commencing with Revenue Service,the CITY shall reimburse the AUTHORITY annually,through <br /> 24 Payment to the AUTHORITY, ten percent (10%) of the following sum: Operating Costs less any <br /> 25 Operating Revenue, as defined. <br /> 26 / <br /> Page 7 of 14 <br />