ContractUrban Partnership Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020Execution Copy Urban Partnership Agreementby and between U.S. Department of Transportation and its New York City Urban Partner Executive Summary This Urban Partnership Agreement sets forth an agreement in principle between the U.S. Department of Transportation (the “Department”) and the Department’s New York City Urban Partner, comprised of the New York City Department of Transportation (“NYC DOT”), the New York Metropolitan Transportation Authority (“MTA”), and the New York State Department of Transportation (“NY DOT”). On June 22, 2007, NYC DOT, MTA, and NY DOT submitted an application (the “Mayor’s Plan”) to the Department’s Urban Partnership Program. Thereafter, the New York State legislature established a commission to develop a plan to address traffic congestion in New York City. In the event the New York State legislature enacts and the New York City Council approves the Mayor’s Plan, the Urban Partner agrees to undertake the following actions: (i) institute a broad area pricing