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HomeMy WebLinkAbout07/24/74 - 04/14/75O1 GREATER ROANOKE TRANSIT COMPANY, July 24, 1974. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Byron E. Haner, at 2 o'clock p.m., Wednesday, July 24, 1974, in the Executive Council Chambers in the Municipal Building, City of Roa-' ngke, Virginia, pursuant to written notice given all seven Directors by the Secretary of the Corporation for the purpose of consideration of approval of the five-year Transit Development Program, and, also, consideration of draft provisions for negotiations with the Local Chapter of the Amalgamated Transit Workers AFL-CIO to meet the pro- visions of Section 13 (c) of the Urban Mass Transportation Act of 1964. PRESENT: Directors Byron E. Baner, A. N. Gibson, Cabell J. Fearn, R. Dale Caudill, S. W. Hylton and William C. Stott, Jr.- .... 6. ABSENT: Director Kit B. Kiser ................................ 1. Also present were Mr. James N. Kincanon, one of the incorpora- tors and named in Lhe Articles of Incorporation as the Registered Agent, Mrs. Mary F. Parker, Secretary, Mr. William B. Hurd, Transpor- tation Planner, and various representatives of the press and news media. The President presented a communication from Director Kit B. Kiser advisin9 that he will be absent from the July 24, 1974, meeting of the Board of Directors, however, he would like to certify his agreement with the proposed "Agreement Pursuant to Section 13 (c) of the Urban Mass Transportation Act of 1964, As Amended" as presented to the Directors by Mr. William B. Burd on July 17, 1974, and, further, he would like to certify his approval of the proposed 1975-1979 Transit Development Program as also presented to the Board of Directors on July 17, 1974. Mr. Caudill offered the following Resolution adopting a Transit Development Program 1975-1979, with certain amendments RESOLVED by the Board of Directors of the Greater Roanoke Transit Company, THAT the documents identi- fied as Attachment 1 to Exhibit G and Attachment 2 to Exhibit G are adopted as the Transit Development Program, 1975-1979, with the following amendments: To Attachment 2 to Exhibit G, on the third page, change "wrench" to "winch" and "45,300 sq. ft. @ $25" to "25,300 sq. ft. @ $25"; on the sixth page, change "Bus Stop signs 30,000" to"Bus Stop signs 50,000"; and on the seventh page, under the heading SOURCES OF FUNDS, change the 1975 column to read: Proceeds of Sale of Replaced Equipment $ 6,600 Federal Grant 1,323,252 Local Funds 330,814 $1,660,666 and the figure "$280,732" in Footnote 2 to read "$281,191". Mr. Caudill moved the adoption of the Resolution. The motion was seconded by Mr. Gibson and unanimously adopted, Mr. Kiser absent, but having expressed his approval through a prior communi- cation. The President then requested that all those Directors in favor of authorizing Mr. William B. Hurd, Transportation Consul- tant, to agree, if offered, to meet the provisions of Section 13(c) of the Urban Mass Transportation Act of. 1964. answer by show of hands. The followin9 Directors answered affirmatively by show of hands in favor of meetin9 the provisions of Section 13 (c) of the Urban Mass Transportation Act of 1964, if same is offered: Directors Gibson, Fearn, Caudill, Hylton, Stott and President Haner ................................. 6. (Mr. Kiser absent, but having expressed his approval through a prior communication.) Mr. Gibson moved that the meeting be adjourned. The motion was seconded by Mr. Stott and adopted, Mr. Kiser absent. There being no further business, the President declared the meeting adjourned. ATTEST: Secretary APPROVED· President GREATER ROANOKE TRANSIT CO. ANY, PUBLIC HEARING, Auqust 28, 1974. A public hearinq was held by the Board of Directors of the Greater Roanoke Transit Company on Auqust 28, 1974, at 7:30 p.m., in the Roanoke City CouncH Chambers, pursuant to written notice qiven of the Corporation, for interested persons and all seven Directors by the President the purpose of hearin9 the views of aqencies on the social, economic and environmental aspects of a proposed project for which federal financial assistance is beinq sought under the Urban Mass Transportation Act of 1964. PRESENT: Directors A. N. Gibson, Cabell J. Fearn, R. Dale Caudill, S. W. Hylton, William C. Stott, Jr., Kit B. Kiser and President Byron E. Haner ....................... 7. ABSENT: None ....................................... 0. Also present were Mr. James N. Kincanon, one of the in- corporators and named in the Articles of Incorporation as Reqistered Aoent; Mrs. Mary F. Parker, Secretary; Mr. William B. Hurd, Transportation Planner; Mayor Roy L. Webber; and various representatives of the press and ne ws media. Mr. William B. Hurd, Transit Consultant to the City of Roanoke and the Greater Roanoke Transit Company, summarized the project which is now under consideration. The President declared the public hearinq open and requested th~ persons wishin9 to comment on or submit evidence with respect to the project to please come forward and, when recognized, state their na~ s and the organizations they may represent. No one appearing before the Board of Directors relative to the matter, the President declared the public hearing closed but advised that the Bo~ d will continue in open session for the purpose of considering a Resolution concern- ing application for federal assistance and such other matters as may come before it. Mr. Stott offered the following Resolution authorizing the filing of an application wi~ the Department of Trans- portation, United States of America, for a grant under the Urban Mass Transportation Act of 1964: A RESOLUTION authorizing the filing of an applica- tion with the Department of Transportation, United States of American, for a grant under the Urban Mass Transportation Act of 1964, as amended. WHEREAS, the Secretary of Transportation is autho- rized · to make grants for mass transportation pro- jects; and WHEREAS, the contract for financial assistance will impose certain obligations upon the applicant including the provision by it of the local share of project costs; and WHEREAS, it is required by the U. S. Department of Transportation in accord with the provision of Title VI of the Civil Rights Act of 1964, that in connection with the filing of an application for assistance under the Urban Mass Transportation Act of 1964, as amended, the applicant give an assurance that it will comply with Title VI of the Civil Rights Act of 1964 and the U. S. Department of Transportation require~nts thereunder; and WHEREAS, it is the goal of the applicant that minority business enterprise be utilized to the fullest extent possible in connection with this project, and that definitive procedures shall be established and ad- ministered to ensure that minority businesses shall have the maximum feasible opportunity to compete for contracts when procuring construction contracts, sup- plies, equipment contracts, or consultant and other services: NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Greater Roanoke Transit Company That Byron E. Haner, President, is authorized to execute and file an application on behalf of the Creater Roanoke Transit Company with the U. S. Department of Transportation for aid in the financing of a capital improvement project generally described as: a. Purchase of ~ e physical assets of Roanoke City Lines, Inc. Purchase of 22 new 45-passenger, air-con- ditioned diesel transit buses with V-6 en- gines and VS2-6 transmissions (or equal), each equipped with an environmental improve- ment package, less catalytic muffler, and less tires. c. Purchase of spare units for transit buses. d. Purchase and installation of 26 sets of low- sac needle injectors. e. Reconditioning 26 buses. That the aforesaid President is authorized to execute and file with such application an assurance or any other document re~ired by the U. S. Department of Transportation effectuating the purpose of Title VI of the Civil Rights Act of 1964. That the aforesaid President is authorized to furnish such additional information as the U. S. Department of Transportation may require in connection with t~ application or the project. That the aforesaid President is authorized to set forth and execute affirmative minority business policies in connection with the pro- ject's procurement needs. CERTIFICATION The undersigned duly qualified of the Greater Roanoke Transit that the foregoing is Resolution adopted at the Board of Directors August, 1974. and acting Secretary Company certifies a true and correct copy of a a legally convened meeting of held on th~ 28th day of Secretary Mr. Stott moved the adoption of the Resolution. The motion was seconded by Mr. Gibson and unanimously adopted. There being no further business, the President de- clared the meeting adjourned. ATTEST: ~tz:u2..o._ Secretary APPROVED: / President GREATER ROANOKE TRANSIT COMPANY, Wednesday, October 9, 1974. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Byron E. Haner, at 7:30 p.m., Wednesday, October 9, 1974, in Room 362 of the Municipal Building, Roanoke, Virginia, pursuant to written notice given all seven Directors by the Secretary of the Corporation, for the purpose of hearing a report relative to proposals which were received for the management of the facilities t.o be acquired by Greater Roanoke Transit Company. PRESENT: Directors Robert A. Garland, A. N. Gibson, S. W. Hylton, Roy L. Webber and President Byron E. Haner ......... 5. ABSENT: Directors R. Dale Caudill and William C. Stott, Jr.- ....................................................... 2. Also present were Mr. Charles R. Allen, Assistant City Attorney; Mrs. Mary F. Parker, Secretary; Mr. William B. Hurd, Transportation Planner; Mr. William G. Kuthy, Assistant City Planning Director; and news media. MINUTES: Mr. Gibson of the Board of Directors and various representatives of the press moved that the minutes of the meeting held on Wednesday, August 28, 1974, be approved as written. The motion was seconded by Mr. Hylton and adopted. The President called to the attention of the Beard of Direc- tors receipt of resignations from Messrs. Kit B. Kiser and Cabell J. Fearn. Mr. Gibson moved that the resignations be accepted. The motion was seconded by Mr. Hylton and adopted. The President advised that Mr. Kiser also served as Vice-President of the Greater Roanoke Transit Company and called for nominations to fill the vacancy. Mr. Webber placed in nomination the name of Mr. Robert Garland. The nomination was seconded by Mr. Gibson. Mr. Gibson moved that the nomimtions be closed. The motion was seconded by Mr. Webber and, on vote, carried, and Mr. Robert A. Garland was elected as Vice-President of the Greater Roanoke Transit Company by five of the Directors voting, Mr. October of the facilities to be acquired by Greater Company were received and publicly opened: American Transit Corporation St. Louis, Missouri ATE Management and Service Company, Incorporated City Coach Lines, Incorporated Tide Transportation Corporation Urbtrans Mr. Hurd further advised that it representatives of ATE Management and porated; American Transit Corporation; Incorporated, be invited to Wednesday, October 23, 1974, 5 p.m., for interviews with their proposals; and that it is also recommended that Transportation Corporation and Urbtrans be eliminated further consideration. Messrs. Caudill and Stott absent. Hurd advised that at 11:00 a.m., on Wednesday, 9, 1974, the following proposals for the management Roanoke Transit Cincinnati, Ohio Jacksonville, Florida Mastic Beach, New York Tulso, Oklahoma is recommended that Service Company, Incor- and City Coach Lines, appear in the City of Roanoke on between the hours of 2 p.m., and the Board of Directors relative to Tide from 010 (For full text, see report as filed in the records of the Secretary of the Greater Roanoke Transit Company.) Mr. Garland moved that Council concur in the recommendation of Mr. Hurd that representatives of ATE Management and Service Company, Incorporated; American Transit Corporation; and City Coach Lines, Incorporated, be invited to appear before the Board of Directors on Wednesday, October 23, 1974, between the hours of 2 p.m., and $ p.m., for interviews, and that Tide Transportation Corporation and Urbtrans be advised that they have been eliminated from further consideration. The motion was seconded by Mr. Stott absent. The President the Board of Directors estate matter. Mr. Garland moved Gibson and adopted, Messrs. Caudill and advised of the necessity of meeting with in Executive Session to discuss a real that the Board of Directors concur in the request motion was vote: AYES: President NAYS: of the President for an Executive Session. The seconded by Mr. Gibson and adopted by the following Directors Garland, Gibson, Hylton, Webber and Haner ............................. 5. None ............................ 0. (Messrs. Caudill and Stott absent) After the executive session, there being no further business, the President declared the meeting adjourned. ATTEST: ~ Secretary APPROVED: · -'/ President Oll GREATER ROANOKE TRANSIT COMPANY, Wednesday, October 23, 1974, A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Byron E. Barter, at 2 o'clock p.m., Wednesday, October 23, 1974, in the City Manager's Conference Room, Room 362, in the Municipal Building, City of Roanoke, Virginia, pursuant to written notice of the Secretary of the Corporation, for the purpose of inter- viewing the firms that are under consideratio~ by the Board for management of the transit facilities. PRESENT: Directors R. Dale Caudill, Robert A. Garland, A. N. Gibson, S. W. Hylton, Roy L. Webber and President Byron E. Baner ........................................ 6. ABSENT: Director William C. Stott ......... 1. Also present were Mrs. Mary F. Parker, Secretary; Mr. William B. Hurd, Transportation Planner; Mr. William G. Kuthy, Assistant City Planning Director; and various representatives of the press and news media. The President advised that representatives of American Transit Corporation; ATE Management ~ Service Company, Incorpor- ated; and City Coach Lines, Incorporated, have been requested to be present in order for members of the Board to their respective management proposals, advising will be devoted to each company, 30 minutes for tion and 30 to them. question them on that one hour their presenta- minutes in order for the Board to direct questions 012 Mr. John W. Dameron, Vice President, Management Services, American Transit Corporation, and other representatives of proposal members. Mr. that company, appeared before and answered various the Board and explained their questions raised by the Board Phillip Ringo, Executive and Service Company, Incorporated, that company, appeared before the Vice President, ATE Management and other representatives of Board and explained their pro- posal and answered various questions raised by the Board members. Mr. Joseph C. Poquette, President, City Coach Lines, Incor- porated, and another representative of that company, appeared before the Board and explained their proposal and answered various questions raised by the Board members. Upon question as to possible reasons that the other pro- posals were somewhat lower than the proposal submitted by City Coach Lines, Mr. Poquette replied that he is of the understanding that American Transit Corporation owns and operates its own in- surance company. Mr. Hurd requested that the minutes show the following excerpt from the proposal of American Transit Corporation: "INSURANCE GRTC may be insured under ATC's blanket public liability and property damage policy (rates to be quoted), or if GRTC desired to secure local bids on PL/PD insurance, ATC will prepare specifica- tions for such bidding." There being no further business, the President continued the meeting until Thursday, October 24, a.m., in the City Manager's Conference 1974, at 11 o'clock Room, Room 362, in the Municipal Building. 013 On Thursday, October 24, 1974, at 11 o'clock a.m., the meeting reconvened in the City Manager's Conference Room with President Haner presiding. PRESENT: Directors R. Dale Caudill, Robert A. Garland, A. N. Gibson, S. W. Hylton, Roy L. Webber and President Byron E. Haner ............................................. 6. ABSENT: Director William C. Stott .............. 1. Also present were Mrs. Mary F. Parker, Secretary; Mr. William B. Burd, Transportation Planner; Mr. William G. Kuthy, Assistant City Planning Director; and various representatives of the press and news media. The President declared the floor open for discussion as to the selection of a management firm to operate the transit facil- ities. Mr. opinion Garland and other members of the Board that all three firms were qualified; posal of ATE Management and to be the more favorable of Mayor Webber advised cared that they would try expressed the however, the pro- Service Company, Incorporated, seemed the three. that none of the three companies indi- to make operation of the transit facilities other than a subsidized operation, that the city could employ its own manager and operate the system, and, if the city has to subsidize it, the subsidy would be lower than someone outside of the City of Roanoke operating it, that the Board of Directors could the guidance of as efficiently, and having secure the services of a local person, and, under the Board, the facilities could be operated just if not more so, than having an outside manager an exorbitant price to pay and no control over anything. 014 After a lengthy discussion of the matter, Mr. Garland offered the following Resolution: RESOLVED, that the Board of Directors of Greater Roanoke Transit Company, considering certain bids made to it for management of a bus transit system to be acquired by Greater Roanoke Transit Company, at this time favors the written proposal made by ATE Management and Services Company, Incorporated, for such services. FURTHER RESOLVED that the foregoing be forwarded to the Council of the City of Roanoke with request that the Council concur in the award by Greater Roanoke Transit Company for contract to ATE Manage- ment and Services Company, Incorporated, for pro- viding management services over a three-year period on the basis of ATE's proposal, the commencement of pre-takeover services to be when directed in writing by Greater Roanoke Transit Company President and the continuation of contract to be subject to the approval of UMTA application for grant and to acquisition by Greater Roanoke Transit Company of a bus transportation system. Mr. Garland moved the adoption of the Resolution. T~e motion was seconded by Mr. Caudill and adopted, Mayor Webber voting no. (Mr. Stott absent.) There being no further business, the President declared the meeting adjourned. ATTEST: ~O~_Z~._. Secretary APPROVED: resident 015 GREATER ROANOKE TRANSIT December 9, 1974. COMPANY, A special meeting of the Board of Directors of the Greater Roanoke Transit Company was held at 5:00 p.m., Monday, December 9, 1974, in the Executive Council Chambers in the Municipal Building, City of Roanoke, Virginia, for the purpose of electing certain officers of the corporation and of considering such business or matters as may properly come before the Board of Directors, pursuant to written notice. PRESENT: Directors Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and President Roy L. Webber ................................ 7. ABSENT: None ........................... O. Also present were Mr. James N. Kincanon, legal counsel for the corporation and named in the Articles of Incorporation as its Registered Agent; Mr. A. N. Gibson, Treasurer; Mrs. Mary F. Parker, Secretary; and various representatives of the press and news media. Mr. Philip Ringo, Executive Vice President, ATE Management and Service Company, Incorporated, appeared before the Board of Directors and advised that ATE has reviewed its policy regarding term of contract for management of the transit facilities and still feels that a two year contract is important, that he knows the city is concerned about regional takeover, and, for that reason, ATE is more than willing to sign a two year contract with the City of Roanoke with the proviso that if a Regional Transportation District is established all rights of ATE under that contract will terminate at that time and there will be no charges incurred by ATE for moving expenses for its employees. At this point, Mr. Trout left the meeting. After a discussion as to the term of contract and regional takeover, Mr. Garland moved that the contract with ATE Management and Service Company, Incorporated, be revised in accordance with the verbal remarks of Mr. Ringo, viz: a two year contract with ATE Management and Service Company, Incorporated, with the proviso that the contract could be terminated at any time if a Regional Transportation District is established no moving expenses incurred by ATE for was seconded by Mr. Lisk and adopted by AYES: Directors Garland, Hubard, and that there would be its employees. The motion the following vote: Lisk and Taylor ........ 4. NAYS: Director Thomas and President Webber .............. 2. (Director Trout absent) There being no further business, the President declared the meeting adjourned. APPROVED: ATTEST: qfr~hent - Seergta~y We, the undersigned members of the Board of Directors of Greater Roanoke Transit Company have read and do approve the fore- going minutes of a Special Meeting Robert A. !aWr~ ~iam S. Hub Noel C. Taylor ~ ~~oy~i.Oie~esldent 9, 1974: 017 CREATER ROANOKE TRANSIT COMPANY, Monday, January 13, 1975. A special meeting of the Board of Directors of the Greater Roanoke Transit Company held on written call of the President given January 7, 1975, to each member of the Board, was called to order by the President, Mr. Roy L. Webber, at 5 o'clock p.m., Monday, January 13, 1975, in the Executive Council Chambers in the Municipal Building, City of Roanoke, Virginia, the time and place stated in the notice. PRESENT: Directors Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and President Roy L. Webber ................ 7. ABSENT: None ..................... O. Also present were Mr. James N. Kincanon, legal counsel for the corporation; Mr. A. N. Gibson, Treasurer; Mrs. Mary F. Parker, Secretary; and various representatives of the press and news media. As stated in the notice, the meeting was called and held for the purpose of consideration and possible approval of a proposed contract of sale from Roanoke City Lines, Inc., to Greater Roanoke Transit Company of the former's local bus transportation system; consideration and possible approval o£ the 13(c) Agreement; consideration and possible approval of a management agreement proposed to be entered into with ATE Management and Service Company, Incorporated; considera- tion of said Company's appointment of a Resident Manager and a Director of Marketing and Operations Planning; and to consider the question of appointment of an Executive Committee as provided for by Article IV of the By-Laws of this Company. With reference to the Contract of Sale, Mr. Hubard moved that the Contract of Sale of the physical assets and property, less rea! estate, of Roanoke City Lines, Inc., as proposed by Roanoke City Lines, Inc., and as those assets and property are described in paragraph (2) express provision added to Lines' transfer of existing of the proposed agreement, but with the contract providing for Roanoke City certificates of public convenience and necessity and that security in the nature of surety bond or escrow of purchase money be agreed to by Roanoke City Lines, Incorporated, to support the continuing obligations of Roanoke City Lines, Incor- porated, under paragraphs (4)(b) and (4)(e) of proposed agreement, as those paragraphs relate to continuing obligations of Roanoke City Lines, Incorporated, with respect to pension payments to retired employees and those employees eligible for retirement at 12/31/74, and to claims arising out of Workmen's Compensation Law prior to March 1, 1975, the provisions of paragraphs (5)(a) and (5)(b) of proposed contract relating to payment of be modified accordingly. The motion was adopted by the following vote: AYES: Directors Garland, Hubard, and President Webber ............... 7. NAYS: None ................... O. With re£erence to the proposed 13(c) agreed purchase price to seconded by Mr. Lisk and Lisk, Taylor, Thomas, Trout Agreement between Greater Roanoke Transit Company and Local Division 1544 - Amalgamated Transit Union, AFL-CIO, Mr. Hubard moved that the agreement be amended to provide that said agreement be subject to the Project being approved for assistance under the Act and such assistance being accepted by Greater Roanoke. The motion was seconded by Mr. Thomas and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ................. NAYS: None ..................... O. Mr. Thomas then moved the 13(c) Agreement proposed to be entered into between Greater Roanoke Transit Company and Local Division 1544 - Amalgamated Transit Union, AFL-CIO, as above amended, be approved, for execution on behalf of the Company. The motion was seconded by Mr. Hubard and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ................... 7. NAYS: None ....................... 0. With reference to the Advisory and Management Agreement with ATE Management and Service Company, Incorporated, Mr. Garland moved that the form of Advisory and Management Agreement tendered by ATE Manage- ment and Service Company, Incorporated, to Greater Roanoke Transit Company as proposed to be entered into between those parties be approved and that the contract be executed as drawn on behalf of Greater Roanoke Transit Company; and that ATE's designation of Mr. John F. Sweeney as Resident Manager and Mr. Roger Sweeney as Director of Marketing and Operations Planning, to devote full time to the GRTC transit system, be approved. The motion was seconded by Mr. Hubard and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber .................... 7. NAYS: None ........................ O. Mr. John F. Sweeney and Mr. Roger Sweeney appeared before the Board of Directors and presented brief resumes. With reference to the appointment of an Executive Committee in accordance with Article IV of the By-Laws of the Greater Roanoke Transit Company, Mr. Thomas moved that President Roy L. Webber and Vice-President Robert A. Executive Committee and Director of Finance and Garland be appointed as members of the that the City Attorney, the City Manager, the such other persons as may be designated by the Executive Committee be appointed to to the Executive Committee. Whereupon, and seconded by Dr. Taylor, the following resolution affirmative vote of Directors Garland, Hubard, Lisk, Trout and President Webber: RESOLVED that there be provided by the By-Laws, to act in an advisory capacity on motion made by Mr. Thomas was adopted by Taylor, Thomas, an Executive Committee, as consist of President Roy L. as may be designated by the hereby designated to act in Executive Committee. Webber and Vice-President Robert A. Garland; and BE IT FURTHER RESOLVED that Byron E. Haner, A. N. Gibson and J. N. Kincanon, together with such other persons Executive Committee, be and are an advisory capacity to the There being no further business, meeting adjourned. A~%°ROVED: ~-'k_ ~ President the President declared the ATTEST: Secretary The foregoing minutes have been read and are approved as recorded: Webber, President C. Taylor Robert A. Garland ~ Hampt~ W. Thomas David K. Lisk GREATER ROANOKE TRANSIT COMPANY, Monday, February 3, 1975. A special meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 3:30 o'clock p.m., Monday, February 3, 1975, in the Executive Council Chambers in the Municipal Building, City of Roanoke, Virginia, PRESENT: K. Lisk, Noel President Roy ABSENT: pursuant to written notice Directors Robert A. Garland, C. Taylor, Hampton W. Thomas, L. Webber .................. 7. None ....................... O. of the Secretary of the Corporation. William S. Hubard, David James O. Trout and Also present were Mr. James N. Kincanon, legal counsel for the corporation; Mr. A. N. Gibson, Treasurer; Mrs. Mary F. Parker, Secretary; and various representatives of the press and news media. The meeting was held for the purpose of consideration and possible inclusion of additional wording in the §13(c) Agreement with reference to the UMTA application of Greater Roanoke Transit Company which would adequately express the understanding of the parties with respect to the continuing "private employee status" of the employees of Roanoke City Lines, Incorporated, following Greater Roanoke Transit Company's acquisition of Roanoke City Lines' urban transit system; question of consideration and possible acceptance by the Board of Directors of the written guaranty of Continental Trailways, Incorporated, as assurance of performance by Roanoke City Lines, Incorporated, of certain of the obligations which would be undertaken by that Company in its Contract o£ Sale made with Greater Roanoke Transit Company, notably those with respect as of December 31, 1974, to retirement retired; and question of consideration Directors of assignment of contract by Company, Incorporated, to Southwestern Company. to liability to its retired employees and to those entitled but who may not have yet and approval by the Board of ATE Management and Service Virginia Transit Management With reference to the consideration of possible amendment to the §13(c) Agreement, Mr. Kincanon advised that at the last meeting of the Board of Directors on Monday, January 13, 1975, an amendment to the §13(c) Agreement relative to the inclusion of the following additional words, "subject to the Project being approved for assistance under the Act, and such assistance being accepted by Greater Roanoke", was approved by the Board of Directors and called attention to a communi- cation from Mr. Alexander Cohn, Attorney, representing Amalgamated Transit Union, advising that Amalgamated Transit Union will agree to the inclusion of the additional wording; however, Mr. Cohn advised that it has been the understanding of Amalgamated Transit Union that the Greater Roanoke Transit Company was organized as a public benefit corporation to which the federal labor laws would apply, thereby pre- serving their employees' "private status" and that their concern in this matter arises from information received by Local Division 1544 to the effect that the elected City Councilmen have become the Directors of the Greater Roanoke Transit Company. that it is their opinion that the National Labor Relations Board in determining whether it will take jurisdiction over a non-profit, non-stock tax-exempt corporation, looks, among other things, to whether or not said corporation is run by elected officials or run by private citizens appointed by elected officials, that there may be a problem with the §13(c) Agreement as drafted, requesting that Amalgamated Transit Union be advised as to what Greater Roanoke's position is on this matter and that he cannot recommend that the Local Division execute the agreement until this matter is resolved. Mr. Kincanon pointed out that clarification could be made by some express additional wording to the §13(c) Agreement, viz.: "Greater Roanoke agrees that, subject to limitations, if any, of applicable State Law, before any arrangements are made by Greater Roanoke for the management and operation of the transit system which would have the effect of transferring the employees covered by this agreement from private to public employment, it, Greater Roanoke, will negotiate with such employees or their representatives a supplemental employee protective agree- ment in compliance with §13(c) of the Act which shall be acceptable to such employees and Greater Roanoke or, if not acceptable, the matter will be submitted to the Secretary of Labor for determination." After a discussion as to the suggested additional wording to Paragraph 18 of the §13(c) Agreement, Mr. Garland moved that the Board of Directors concur in the above wording as suggested by Mr. Kincanon and that said amendment be Union for approval. The motion was by the following vote: AYES: Directors Garland, forwarded to Amalgamated Transit seconded by Mr. Hubard and adopted Hubard, Taylor and President Webber ..................................................... 4. NAYS: Directors Lisk, Thomas and With reference to the question of acceptance by the Board of Directors of Trout .............. 3. consideration and possible a written guaranty of Continental Trailways, Incorporated, to Greater Roanoke Transit Company, to cover the retirement liability of Roanoke City Lines, Incorporated, as pro- vided for under Paragraph (b), Section (4), Page (4) of the Contract of Company, Mr. 6. L advising in order porated. Mr. guaranty Sale between Roanoke City Lines and Greater Roanoke Transit Mr. Kincanon advised of receipt of a communication from · Carpenter, representing Continental Trailways, Incorporated, that Continental Trailways is willing to provide the guaranty to underwrite the obIigations of Roanoke City Lines, Incor- Garland moved that the Board of Directors accept the written of Continental Trailways, Incorporated, as assurance of per- formance by Roanoke City Lines, Incorporated, of certain of the obli- gations which would be undertaken by that company in its Contract of Sale made with Greater Roanoke Transit Company with respect to liability of its retired employees and to those entitled as of December 31, 1974, to retirement but who may not have yet retired. The motion was seconded by Mr. Trout and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ........................ 7. NAYS: None ............................ O. With reference to the question of approval by the Board of Directors o£ assignment of contract by ATE Management and Service Company, Incorporated, to Southwestern Virginia Transit Management Company, Mr. Hubard moved that the Board of Directors authorize the assignment of said contract to SVTMC. The motion was seconded by Mr. Lisk and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ........................... 7. NAYS: None ............................... O. There being no further business, the President declared the meeting adjourned. '~ Pffesident ATTEST: ~_ Secretary The foregoin9 minutes have been read and are approved as Robert A. Garla~fld. David K. Lisk~ r e cp-g'C~e d f. ~ ] ,~ ~-oy L~-Webber, ~resiaen~ Noel C. Taylor // Hampt on_ ~. ~ J'a s~O. Trout 027 GREATER ROANOKE TRANSIT COMPANY, Monday, February 10, 1975. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 2:50 o'clock p.m., Monday, February 10, 1975, in the Council Chambers in the Municipal Building, fity of Roanoke, Virginia, pursuant to written notice given all seven Directors by the Secretary of the Corporation. PRESENT: Directors Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and President Roy L. Webber ......................... 7. AB~ NT: None ........................................ O. Also present were Mr. John Sweeney, Roger Sweeney, Director of Marketin9 and for the Greater Roanoke Transit Company; Resident Manager and Mr. Operations Planning Mr. Ramsey Peard, Vice President, ATE Management and Service Company, Incorporated; Mr. A. N. Gibson, Treasurer, Greater Roanoke Transit Company; Mr. James N. Kincanon, Legal Counsel, Greater Roanoke Transit Company; Mrs. Mary F. Parker, Secretary, Greater Roano~ Transit Company; and various representatives of the press and news media. The meeting was called for the purpose of a briefing by Messrs. John Sweeney and Roger Sweeney as to a management report of the Greater Roanoke Transit Company. Mr. John Sweeney briefed the members o~ the Board of Directors as to the status of the UMTA Grant application and takeover, advising that the purchase and sale agreements with Roanoke City Lines, Incorporated, have been taken care of and mailed to the proper parties, that sufficient copies of the 13(c) Agreement have been trans~tted to Union representatives and that the resident team is n~ on board. Mr. Sweeney then turned the meeting over to Mr. Roger Sweeney who presented an overview of the marketing aspect of the program, advisi~ of the need to develop a name, logo and color scheme for the company, that the matter has been discussed to a great extent and iris felt that the service should bear an identifying name, and, in his opinion, the best identifying name of the service is Metro, that this name would be strongly promoted and that as a further identification, the name Valley is being proposed, thereby, making the name "Valley Metro"; that the proposed lo9o for the service which would appear on all coaches would be "Metro Coaches"; that as far as the color scheme, it was felt that something which is dis- tinctive, easily identifiable, functionable and does not identi~ with the old system is needed, and, therefore, it is proposed that the color scheme of red and white with a gold outline be used on all coaches. Mr. Sweeney further pointed out that the public will telephone his office for information regarding bus schedules and that in this way new customers will be gained, that telephone surveys will be conducted to determine present and future needs and other emphasis will be placed on the p~inting of timetables for distribution to the public. With reference to the matter of staffing, Mr. John Sweeney advised that during the week of February 10, 1975, he will be meeting with staff people in the office at Roanoke City Lines and will be asking them to write job descriptions of their present duties and will be interviewing them as to p~sible future responsibilities and needs. - With regard to labor negotiations, Mr. John Sweeney advised that he will be meeting with Union representatives during the week of February 24, 1975, in an effort to take cam of negotiations in that area. With reference to the Pendleton Bus Lines acquisition, Mr. John Sweeney advised that he talked with Mr. Pendleton and requested that he prepare a complete inventory list of that company and that he will return and make a more thorough examination of the bus system after this inventory list is complete. Mr. Sweeney also requested guidance from the Board of Directors as to whether or not it will want the management team to make applica- tion for grant requests in the future or if the Board will prefer to retain the services of Mr. William B. Hurd to continue this function and also suggested that the Board not apply for operating aid under the National Transportation Act of 1974 until sometime after March 15, 1975. Mr. Sweeney further pointed out that the Board has previously indicated its desire to reduce the rate for bus faresto 25¢ after takeover, that it would be recommended as a method of accomplishing this desire that the Board provide for a ten multiple punch type ticket to be sold for the sum of $2.50 and that there be a reduced fare of 155 during off hours for persons who obtain cards identi£yin9 them as handicapped or elderly. After a discussion as to the various recommendations proposed by the management team, Mr. Lisk moved that the name of "Valley Metro" be approved; that the logo of "Metro Coaches" be approved; and that the color scheme of red and white with a gold outline also be approved by the Board of Directors. The motion was seconded by Mr. Garland and unanimously adopted. Dr. Taylor advised that since the color scheme o£ red, white and gold is to be used for the bus system, he would like to see some consideration being all future services a regional basis. given to that color scheme also being used on that the valley governing bodies enter into on Mr. Garland moved that the ten multiple punch type ticket to be sold for $2.50 be approved and that the 30¢ fare be maintained as the cash single fare. The motion was seconded by Mr. Lisk and unanimously adopted. Mr. Garland raised the question as to whether or not the Board should instruct the management team to apply for the UMTA grant with reference to the acquisition of the Pendleton Bus Lines; whereupon, the President replied that the matter Manager checks into the matter of the Lines and reports his recommendations back to the Mr. Garland expressed the preference that all tions for funds from UMT~ team and that there should William B. Hurd There being meeting adjourned. /;PPROYED: The foregoing minutes recorded: can be settled after the Resident inventory of the Pendleton Bus Board of Directors. future applica- should be applied for by the management be no need to retain the services of Mr. after the initial takeover. no further business, the President declared the have been ATTEST: Secretary read and are approved as J out Wi~ S. ltubard GREATER ROANOKE TRANSIT COMPANY, Monday, March 3, 1975. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 11:00 o'clock a.m., Monday, March 3, 1975, in the Executive Council Chambers in the Municipal Building, City of Roa- noke, Virginia, pursuant to written notice by the Secretary. PRESENT: Directors Robert A. Garland, William S. Hubard, Noel C. Taylor, Hampton W. Thomas (arrived late), and President Roy L. Webber ............................................................. 5. ABSENT: Directors David K. Lisk and James O. Trout ........... 2. Also present were Mr. John F. Sweeney, Resident Manager and Mr. Roger Sweeney, Director of Marketing and Operations Planning for the Greater Roanoke Transit Company; Mr. Ramsey Peard, Vice President, ATE Management and Service Company, Incorporated; Mr. A. N. Gibson, Treasurer, Greater Roanoke Transit Company; Mr. James N. Kincanon, Legal Counsel, Greater Roanoke Transit Company; Mrs. Mary F. Parker, Secretary, Greater Roanoke Transit Company; Mr. Charles R. Allen, Assistant City Attorney; Mr. Byron E. Haner, City Manager; Mr. Sam H. McGhee, III, Assistant City Manager; City Planning Director; and various news media. The President advised that the of a number o£ topics and called upon Corporation to brie£ the members o£ the discussion. Mr. William G. representatives meeting was the Legal Kuthy, Assistant of the press and the Board called for discussion Counsel £or the as to his portion of Mr. Kincanon advised that a new date has been set for the purchase by and transfer of possession to Greater Roanoke Transit Company of the assets and business of Roanoke City Lines, Incorpor- ated, as of 12:01 a.m., March 23, 1975, and presented a Resolution providing for possession of the assets and business of Roanoke City Lines, Incorporated, be Company as of 12:01 a.m., between the parties to be March 1, 1975. Dr. Taylor offered the March 23, 1975, delivered to the Greater Roanoke Transit on March 23, 1975, with initial settlements made as of that date, rather than as of the following Resolution with takeover date: RESOLUTION reference to RESOLVED, by the Board of Directors of Greater Roanoke Transit Company, (GRTC), that, the purchase agreement here- tofore authorized to be entered into between GRTC and Roanoke City Lines, Ino., (RCL), providing for the purchase by and transfer of possession to GRTC of the assets and business of Roanoke City Lines, Inc., as of the 1st day of March, 1975, not having been executed by the parties and the date o£ the proposed transfer of possession having transpired, the presi- dent be and is now hereffy authorized and empowered to enter into and execute that certain sales agreement prepared under date of March 3, 1975, to be entered into between GRTC and RCL, and exhibited to the members of the Board, which said agreement contains generally, the identical terms and pro- visions heretofore approved by the Board but provides that possession of the assets and business of RCL be delivered to GRTC as o£ 12:01 a.m., on March 23, 1975, with initial settle- ments between the parties to be made as of that date, rather than as of March 1, 1975. ADOPTED: March 3, 1975 Dr. Taylor moved the adoption o£ the Resolution. The motion was seconded by Mr. Garland and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor and President Webber ............................... 4. NAYS: None ..................... O. (Directors Lisk and Trout absent) (Director Thomas had not arrived) Mr. Kincanon presented a further Resolution authorizing and empowering the President to execute acceptance of the Grant of the Urban Mass Transportation Administration on behalf of Greater Roanoke Transit Company and if required, extend assurance on behalf of Greater Roanoke Transit or fulfill all assurances ditions contained and made grant or in the agreement Mr. Hubard offered acceptance of the Grant: Company to be bound by and to carry out and representations, covenants and con- in the application of GRTC for said accepting the same. the following Resolution with reference to RESOLUTI ON RESOLVED, by the Board of Directors of Greater Roanoke Transit Company, (GRTC), that, upon receipt of offer by Urban Mass Transportation Administration, (UMTA), of Grant of Federal funds to assist GRTC in acquiring the assets and business of Roanoke City Lines, Inc., and other capital assets in order to provide a mass transportation system in Roanoke and specified areas of the Roanoke Valley the president be and is hereby authorized and empowered and shall exe.cute acceptance on behalf of GRTC of said grant and shall, if required extend assurance on behalf of GRTC to be bound by and to carry out or fulfill all assurances and representa- tions, covenants and conditions contained and made in the application of GRTC for said grant or in the agreement accepting the same; and that the secretary be and is authorized and empowered to affix the corporate seal to said grant agreement, and to attest the same. ADOPTED: March 3~ 1975 Mr. Hubard moved the adoption of the Resolution. The motion was seconded by Dr. Taylor and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor and President Webber ............................ 4. NAYS: None .................. O. (Directors Lisk and Trout absent) (Director Thomas had not arrived) Mr. Kincanon presented a further Resolution in reference to authorization of the President to enter into a lease agreement with the City of Roanoke leasing from the city the laud and buildings in said city which presently are occupied and used by Roanoke City Lines for the conduct of its public bus transportation system, said lease to provide for a term of one year, for an annual rental of $36,000.00 fo~ the term of the lease, such rental to be paid by GRTC at the rate of $3,000.00 per month, in advance, throughout said term. Mr. Garland offered the following Resolution with reference to the lease agreement: RESOLUTION RESOLVED, by the Board of Directors of Greater Roanoke Transit Company, (GRTC), that the president be and is hereby authorized and empowered, upon acquisi- tion by GRTC of the business and assets, less real estate, of Roanoke City Lines, Inc., (RCL), to enter into lease agreement with the City of Roanoke, (City) leasing from the City the land and buildings in said City which are presently occupied and used by RCL for the conduct of its public bus transportation system, said lease to provide for a term of one (1) year, for an annual rental of $36,000 for the term of the lease, such rental to be paid by GRTC at the rate of $3000 per month, in advance, throughout said term; and to contain such other terms, provisions and conditions as are set out and contained in the form of lease appearing on pages 28 and 29 of GRTC's preliminary application for mass transportation capital improvement grant under the Urban Mass Transportation Act of 1964, but not to preclude right to sublease portions of the premises not needed for the company's operations; and that the secretary be and is authorized and empowered to affix the corporate seal to the aforesaid lease agreement, if required, and to attest the same. ADOPTED: March 3, 1975 "Secretary Mr. Garland moved the adoption of the Resolution. The motion was seconded by Mr. Hubard and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor and President Webber ................................ 4. NAYS: None ...................... O. (Directors Lisk and Trout absent) (Director Thomas had not arrived) The Resident Manager appeared before the Board and made reference to two agreements and one deed of lease proposed to be entered into between Greater Roanoke Transit Company and Virginia Stage Lines, Incorporated, and requested action from the Board relative to the following: An Agreement between Greater Roanoke Transit Company and Virginia Stage Lines, Incorporated, in which GRTC will perform in its garage necessary maintenance work for ¥SL at GRTC's average garage payroll rate plus 65%; the above labor rates will be adjusted by GRTC as its labor rates change; and all bills will be rendered monthly payable within 15 days. A Deed of Lease between Greater Roanoke Transit Company and Virginia Stage Lines, Incorporated, for the purpose of operating its (¥SL) bus body repair and painting business in property described as that section of the bus repair shops at 13th Street and Campbell Avenue, S. E., known as the body shop, which is the section that faces 13th Street, the dimensions of same being approximately 90 feet by 50 feet; adja- cent restroom and stripping room and painting room also adjacent to body shop. An Agreement between Greater Roanoke Transit Company and Virginia Stage Lines, Incorporated, wherein Virginia Stage Lines will perform, in its portion of said build- ing, necessary bus body and/or painting for GRTC at ¥SL's average Roanoke garage payroll rate plus 65%; the above labor rates will be adjusted by VSL as its labor rates change; VSL will furnish to GRTC the necessary diesel and gasoline fuel and motor oils to operate GRTC vehicles at the purchase price paid by VSL; GRTC will store parts in its storeroom and its personnel will handle and issue parts for maintenance of VSL buses; GRTC will maintain security of its parts room, however, it will not be held responsible for shortages that might occur in the ¥SL inventory; all bills will be rendered monthly payable within 15 days; the terms of the agree- ment to be for four months and either party may termi- nate this agreement by giving the other party 30 days written notice. (For full text, see copies of agreements and lease as filed in the office of the Secretary.) Mr. Hubard moved that the Board of Directors authorize execu- tion of the two Agreements and the Deed o£ Lease subject to review and approval by the Legal Counsel for the Corporation. The motion was seconded by Mr. Garland and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor and President Webber ............................... 4. NAYS: None ..................... O. (Directors Lisk and Trout absent) (Director Thomas had not arrived) The Resident Manager requested clarification from the Board with reference to the fare policy, advising that when the Board approved the ten ride punch ticket for $2.50, it did not specifically state that the $4.50 weekly pass would be continued and recommended that the $4.50 pass be continued. Mr. Garland offered the following Resolution reaffirming the $4.50 weekly pass, the $2.50 ten ride punch ticket, the present base fare of $.30, the school fare of two tokens for $.35, the free trans- fer fee, the zone charges on the Rollins College-Cloverdale and Salem-Glenvar routes at $.10, setting out the fare for the elderly and handicapped, and that the Legal Counsel for the Corporation be instructed to prepare the proper measure to be presented to City Council for approval: ADOPTED AT A MEETING OF THE BOARD OF DIRECTORS OF THE GREATER ROANOKE TRANSIT COMPANY ON MONDAY, MARCH 3, 1975. A RESOLUTION amending the Transit Development Program for 1975-1979. RESOLVED by the Board of Directors of the Greater Roa- noke Transit Company, that the Transit Development Program for 1975-1979, adopted by the Board of Directors on July 24, 1974, is amended by deleting the section entitled FARE STRUCTURE and substituting the following section: FARE STRUCTURE. The following fare structure, subject to the approval of the Council of the City effective upon the date of the acquisition system by Greater Roanoke Transit Company: Present Base Fare $ .30 lO-ride ticket none Weekly pass 4.50 School fare 2/.35 Transfer Free Zone charges on Hollins College-Cloverdale and Salem-Glenvar Routes .10 of Roanoke, is of the transit Fare New Fare $ .30 2.50 4.50 2/.35 Free .10 BE IT FURTHER RESOLVED that a one-half base fare for the elderly (aged 65 or more) during non-peak hours of operation shall become effective on the date of acqui- sition or as soon thereafter as practicable, a similar fare reduction shall apply to the handicapped and be im- plemented as soon as practicable following the date of acquisition. Mr. Garland moved the adoption of the Resolution. The motion was seconded by Dr. Taylor and adopted by the AYES: Directors Garland, Hubard, Taylor, Webber ............................... 4. NAYS: None ..................... O. following vote: and President (Directors Lisk and Trout absent) (Director Thomas had not arrived) The Resident Manager advised that the management team needs by the Board of Ten Ride $250.00) of the following purchases: approval, in principle, "Six Month Supply (Estimated cost: Tickets Punches for Operators (Estimated cost: $600.00) Coach Decals ("Valley Metro") ordered (Estimated cost: $300.00) Badges ("Valley Metro") ordered (Estimated cost (500): $150.00) Stationery and Forms "Valley Metro" ordered (Estimated cost: $480.00) Voucher Checks and Payroll Checks (Southwestern Management Company, Inc.) ordered (Estimated cost: $500.00) Repainting of Coaches (2) Prior to Takeover (Estimated cost: $900.00) Approval of ATE January invoice in the amount Mr. Garland moved that the Board approve the purchases and payments. The motion was seconded by Mr. adopted by the following vote: Virginia Transit of $5,447.66" abovedescribed Hubard and AYES: Directors Garland, Hubard, Taylor Webber .............................. 4. NAYS: None .................... O. (Directors Lisk and Trout absent) (Director The Resident Manager called to the attention present outdated telephone system at Roanoke City and President Thomas had not arrived) of the Board the Lines, advising that it does nothing but confuse the citizens, that at his request the telephone company performed a study of the system, and, based on information that was furnished to them, they made a recommendation on a new telephone system that is much better than the present out- dated system, that Wis new expansion and improvement contract would run for a three year period @ $384.85 per month and after the thirty- six month period, would decrease to $211.10 per month, that a new number (982-2222) will be established, that there will be six lines open to the public as opposed to the present four lines, and requested approval by the 8oard of the proposed new telephone system. Mr. Hubard moved that the Board authorize the installation of the new telephone system. The motion was seconded by Dr. Taylor and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor and President Webber .............................. 4. NAYS: None .................... O. (Directors Lisk and Trout absent) (Director Thomas had not arrived) At this point, Mr. Thomas entered the meeting. The Resident Manager called attention to specifications which were sent to the members of the Board with reference to insurance coverage applicable to all vehicles owned and/or operated in the O41 business of Greater Roanoke Transit Company, advising that bids will be accepted until 1:30 p.m., Thursday, March 13, 1975, in the Office of the City Clerk and will be opened before the Executive Committee of the Board at 2:00 p.m., on that date, that the bids will be tabulated by the Executive Committee on Friday, March 14, 1975, and the successful bidder will be selected by the Board of Directors on Monday, March 17, 1975, with coverage to become effec- tive as of March 23, 1975, and requested approval of the Board as to the above dates. Mr. Garland moved that the request of relative to the above dates be approved by was seconded by Mr. Hubard and adopted AYES: Directors Garland, Hubard, Webber .............................. 5. NAYS: None .................... O. (Directors Lisk and Trout absent) tO the Resident Manager the Board. The motion by the following vote: Taylor, Thomas and President The Resident Manager presented a communication with reference an outline of the purchasing procedures to be followed by ATE Management and Service Company, Incorporated, and Southwestern Virginia Transit Management Company, Incorporated, on behalf of the Greater Roanoke Transit Company, said procedures designed to conform with municipal purchasing guidelines to provide adequate control by GRTC and to allow for effective operation of the transit system. The Resident Manager requested that on Page 1, No. 2.a.1) with the following "2. Periodic Purchases (e.g. parts, are based on dollar the communication be amended underlined addition: supplies, etc.) Procedures limits as follows: a. Items over $1,000 1) Formal specifications shall be prepared and approved when practicable by the GRTC Board, and UMTA if required." The Resident Manager further requested that the communication be amended on Page 2 under the portion entitled "NOTE" by the underlined insertion: Ail bills received from ATE Management and Service Company, Incorporated, except the monthly fee rendered by ATE Management and Service Company, in execution of its contract with GRTC, will not be considered as a recurring purchase but rather each shall be reviewed by the GRTC Board or its desig- nate prior to payment" filed in the Office of following "NOTE: (For full text, see communication as the Secretary.) Mr. amended. the following vote: AYES: Directors Garland, Hubard, Taylor, Thomas Webber .............................. 5. NAYS: None .................... O. (Directors Lisk and Trout absent) With reference to the matter of working capital, Manager requested that the Board advance the which would provide sufficient funds to carry 17, 1975, meeting of the Board. Hubard moved the adoption of the purchasing procedures The motion was seconded by Mr. Garland and adopted by as and President the Resident sum of $31,197.66 through until the March After a discussion as to proper handling of the request, Dr. Taylor moved that the Treasurer be authorized to make the necessary transfer of funds, if and when necessary for operating purposes or capital costs, limited to those funds now appropriated, and that the Treasurer and Legal Counsel for the Corporation be instructed to work out the necessary details relative to the transfer of funds and submit legal documents, if any, for approval. The motion was seconded by Mr. Garland and adopted by the following vote: AYES: Directors Garland, Hubard, Taylor, Thomas, and Presi- dent Webber .......................... 5. NAYS: None ..................... O. (Directors Lisk and Trout absent) With reference to the subject of school buses, Mr. Hubard moved that the Resident Manager be requested to submit a report to the Board containing recommendations as soon as practicable as to whether the public buses should continue to transport school children or whether the city should purchase its own school buses. The motion was seconded by Mr. Garland and adopted. With reference to the formation of a Regional Transportation District, Mr. Garland offered the following Resoluti~ : ADOPTED AT A MEETING OF THE BOARD OF DIRECTORS OF THE GREATER ROANOKE TRANSIT COMPANY ON MONDAY, MARCH 3, 1975. RESOLVED, that the Greater Roanoke Transit Company intends to become a Regional Transportation District, including the City of Salem, the Town of Vinton, and Roanoke County as well as the City of Roanoke, and as indicative of this intent, has adopted the name "Valley Metro"; and THAT the fundamental policy of the District shall be that each political subdivision shall have the right to determine the amounts and types of transportation services to be offered within the subdivision; and THAT each subdivision shall pay the net cost (cost less revenue generated) of the service operated within the subdivision. Mr. Garland moved the adoption of the Resolution. The motion was seconded by Mr. Hubard and adopted by the following vote: AYES: Directors Garland, Hubard, Webber .............................. 5. NAYS: None .................... O. (Directors Lisk and Trout absent) The City Manager called to the the present time the City Manager Corporation, that the City Council Taylor, Thomas and President attention of the Board that at has no official function in the serves as the Board of Directors, President of Operations of the Greater Roanoke Transit The nomination was seconded by Mr. Thomas. Mr. Hubard moved that the nominations be closed. The seconded by Mr. Thomas, and on vote, carried, and the City Company. motion was Manager was elected as Vice President of Operations of the Greater Roanoke Transit Company by five of the Directors voting, Directors Lisk and Trout absent. Mr. Hubard moved that the Legal Counsel for the Corporation be instructed to prepare for the consideration of the Board, the appro- priate amendment of the By-Laws of the Greater Roanoke Transit Com- pany which will define the duties of the Vice President of Operations. The motion was seconded by Mr. Garland and adopted, Directors Lisk and Trout absent. Mr. Thomas moved that the Treasurer and Legal Counsel for the Corporation be requested to recommend a procedure to the Board as to the future transfer of funds. The motion was seconded by Mr. Garland and adopted, Directors LJsk and Trout absent. the City Attorney serves as the Legal Counsel, the Director of Finance serves as the Treasurer, and the City Clerk serves as the Secretary; whereupon, Mr. Hubard nominated the City Manager as Vice Mr. Hubard moved that the Board meet in Executive Session to discuss personnel matters. The motion was seconded by Mr. Garland and adopted, Directors Lisk and Trout absent. There being no further business, the President declared the meeting adjourned. APPROVED: President The foregoing minutes have been ATTEST Secretary read and are approved as recorded: '~. Webber, President Noel C. Taylor / J ; )i..,//,2 ~amptO'fi W. Thomas EXECUTIVE COMMITTEE, GREATER TRANSIT COMPANY, Thursday, March 13, 1975. ROANOKE The Executive Committee of the Board of Directors of the Greater Roanoke Transit Company met on Thursday, March 13, 1975, at 2:00 o'clock p.m., in the City Manager's Conference Roem in the Municipal Building, Roanoke, Virginia, for the purpose of opening bids received for insurance on the operations of Greater Roanoke Transit Company, pursuant to written notice by the Secretary. PRESENT: Messrs. Robert A. Garland, James N. Kincanon, A. N. Gibson, Byron E. Haner and President Roy L. Webber ....... 5. ABSENT: None ............................................. O. Also present were Mr. John F. Sweeney, Resident Manaoer and Mr. Roger Sweeney, Director of Marketing and Operations Plan- ning, Valley Metro; Mr. E. W. Parkinson, Vice President and Insurance Specialist, ATE Management and Service Company, Incor- porated; Mrs. Mary F. Parker, Secretary, Greater Roanoke Transit Company; and various representatives of the press and news media. Pursuant to notice of advertisement for bids to be received for insurance on the operations of Greater Roanoke Transit Com- pany, said proposals to be received by the Secretary of the Greater Roanoke Transit Company until 1:30 p.m., Thursday, March 13, 1975, and to be opened before the Executive Committee at 2:00 p.m., on that same date, President Webber asked if anyone had any questions about the advertisement for bids and no repre- sentative present raisin9 any question, the President requested that upon Davis United viz: States the Secretary proceed with the openin9 of the bids; where- the Secretary opened and rend the one bid received from ~ Stephenson, Incorporated, for insurnnce to be carried by Fidelity ~ Guaranty Company, Bnltimore, Mary]and, "Greater Roanoke Transit Company 354 Municipal Building Ronnoke, Virginin 24011 Re: INSURANCE BID Grenter Roanoke Transit Company Specification~ Furnished in letter of 2-26-75 1) Proposed Carrier: United States Fidelity g Guarantee Company, Baltimore, Maryland Policyholder's Rating: AAAAA Financial Rating: A{ (Excellent) (Best's Insurance Reports) 2) Services Provided: a) Claim Adjustment Service-Staff adjuster located in Roanoke. b) Safety Engineering Service- Standard Safety Program will be offered. c) Auditin9 Service-Staff auditor located in Roanoke. 3) Coverage may be bound March 23, 1975. 4) Company and Agency complies with all applicable Equal Employment Opportunity Laws and Regulations. 5) Quotation according to specifications furnished: All quotation based on acceptance of entire bid. We cannot accept underwriting of individual lines. Base Bid A. $3,000,000 combined limit Automobile $55,000. General Liability 9,500. Note: No ratable exposure known for Garaqe Liability Hazard Garage Keepers Legal Liability Limit $1,200,000. Perils: Fire and Theft $1,000.00 Riot and Vandalism 320.00 $250.00 Deductible - Collision 780.00 Total 2,100.00 Uninsured Motorists - Statutory Limits $ 452.00 Medical Payments $2,000.00 150.00 Comprehensive ACV - Service Trucks 20.00 Fire, Theft, Combined additional coverage ($500.00 Deductible Vandalism) 2,200.00 Note: Additional $3,OOO,OOO Cost to increase limits from to $5,000,000.00 Automobile $5,000.00 General Liability 700.00 Workmen's Compensation 14,738.00 Estimated Dividend $1,518.00 (This dividend is not guaranteed, and is payable only at the discretion of the U.S.F. ~ 6's Board of Directors) Contents Perils: Fire, Extended Coverage, Vandalism Amount $101,179.00 Premium 475.00 Crime: Accordin9 to Specifications $1,000.00 Deductible No Deductible (Drivers away from premises not covered) 2,500.00 2,780.00 Alternate Base Bid "B" not bid. Respectfully Submitted, Davis & Stephenson, Inc. BY: S R e E M ~n. Jr. Robert E. Mullen, Jr." The Executive Committee expressed concern that only one bid was received aM it was explained by Mr. Parkinson that since take- over time is scheduled for March 23, 1975, the time element was of the essence in order for coverage to be in effect by the March 23 takeover date; that letters were sent to a large agency in New York inviting bids and that no response was received from that agency; that it was advertised in the Roanoke Free Press, in addition to 25 been extended to agencies in the area; Roanoke Times and in the separate letters having and the Resident Manager also advised that approximately thirty sets of specifications were given out at his office. The President declared the meeting recessed until 10:00 o'clock a.m., Friday, March 14, 1975, in the City Manager's Conference Room. At 10:00 o'clock a.m., Friday, March 14, 1975, the Exec- utive Committee of the Board of Directors of the Greater Roanoke Transit Company reconvened in the City Manager's Conference Room in the Municipal Building with President Webber presiding. PRESENT: Messrs. Robert A. Garland, James N. Kincanon, A. N. Gibson, Byron E. Manet and President Roy L. Webber ........ ABSENT: None ............................................ O. Also present were Mr. John F. Sweeney, Resident Manager and Mr. Roger Sweeney, Director of Marketing and Operations Plan- nih9 for Valley Metro; Mr. E. W. Parkinson, Vice President and Insurance Specialist, porated; Mrs. Mary F. Company; Mr. Robert E. Incorporated; media. ATE Manaqement and Service Company, Incor- Parker, Secretary, Greater Roanoke Transit Mullen, Jr., representing Davis ~ Stephenson, and various representatives of the press and news The President advised that the meeting was the purpose of considerinq the one bid received Stephenson, Incorporated, for insurance to be States Fidelity 5 Guaranty Company, Baltimore, The Resident Manaqer presented copy of a Mr. Parkinson recommending that the the Executive Committee, that the bility, and general liability, be continued for from Davis & carried by United Maryland. report from one proposal be accepted by single limit, automobile, lia- accepted, effective March 23, 1975, at 12:01 a.m., or at the official takeover of this property; and that the other listed coverages with crime (full coverage) no deductible, also be accepted, in accordance with an attached sum- mary, which provides for $3,000,000 of coverage at a premium price of $85,815.00. (For full text, see communication and summary as filed in the office of the Secretary.) was held relative to the Incorporated, is self-insured A certain amount of discussion fact that since Roanoke City Lines, why could not the Greater Roanoke Transit Company also be self- insured; whereupon, Mr. Parkinson replied that Roanoke City Lines is not self-insured as an independent company, but is owned and operated by Continental Trailways, Incorporated, which is a com- pany that is larqe enough to underwrite the costs involved, that there would be attorney's fees, claim adjustor fees, Workmen's Compensation fees, miscellaneous expenses and that it would cost over $100,000.00 to be self-insured. With reference to the payment of premiums, Mr. Robert E. Mullen, Jr., representing Davis & Stephenson, Incorporated, for insurance to be carried by United States Fidelity ~ Guaranty Company, advised that his company has indicated that they would be agreeable to an installment premium basis which would amount to twenty-five per cent down and the balance over a period of ten months with no interest charge. Mr. Parkinson suggested that the Executive Committee con- sider having the fire insurance on a three year basis rather than annually; whereupon, it was decided that this could be worked out between the insurance company and the management of Greater Roanoke Transit Coa~pany. Mr. Garland questioned Mr. Parkinson as to the recommended coverage; whereupon, Mr. Parkinson advised that he would feel much better with the $5,000,000 coverage, but he is comfortable with the $3,000,000 coverage. Mr. Garland moved the Board of Directors that said Board accept that the Executive Committee recommend to of the Greater Roanoke Transit Company the $93,615.00 premium which would provide for $5,000,000 Combined Single Limit coverage with Davis & Stephen- son, Incorporated, for insurance with United States Fidelity & Guaranty Company. The motion was seconded by Mr. Gibson and adopted by the following vote: AYES: Messrs. Garland, Kincanon, Gibson, Haner and President Webber ................................... 5. NAYS: None ......................... O. There being no further business, the President declared the meeting adjourned. APPROVED: - I~resident Executive Committee of the ~'3 ,.. ~ ~ , . ~ (--~'GT'c~er Roanoke t~s i~'~%1 Tran~mpany A TTE ST: Secretary A. N. Gibson ) Acting in an Byron E. Haner ) advisory capacity J. N. Kincanon ) to the Executive Committee GREATER ROANOKE TRANSIT Monday, March 17, 1975. COMPANY, A meetin9 of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 3:50 o'clock p.m., Monday, March 17, 1975, in Room 157-159 in the Municipal Buildin9, City of Roanoke, Virqinia, pursuant to written notice of the Secretary of the Corporation. PRESENT: Directors Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and President Roy L. Webber .................... 7. ABSENT: None ............................. O. Also present were Mr. John F. Sweeney, Resident Manaqer and Mr. Roger Sweeney, Director of Marketing and Operations Planning for Valley Metro; Mr. A. N. Transit Company; Mr. James Roanoke Transit Company; Mr. Byron E. Haner, Operations, Greater Roanoke Transit Company; Gibson, Treasurer, Greater Roanoke N. Kincanon, Leqal Counsel, Greater Vice President of Mrs. Mary F. Parker, Secretary, Greater Roanoke Transit rives of the press and news media. The President advised that the Company; and various representa- meeting was called for the purpose of submission of a report and recommendation of the Exec- utive Committee of the Greater Roanoke Transit Company relative to insurance on the operations of GRTC. In this connection, the Executive Committee submitted a written report recommending that the Board of Directors of the Greater Roanoke Transit Company accept the one bid received from Davis G Stephenson, Incorporated, for insurance to be carried by United States Fidelity and Guaranty Company for $5,000,000 Combined Limit coverage at a premium price of $93,615.00. (For full text, see report as filed in the office of the Secretary.) Mr. Garland moved the adoption of the report of the Exec- utive Committee. The motion was seconded by Mr. Lisk and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ........................ 7. NAYS: None .................................. O. Mr. Lisk then offered the following Resolution accepting the bid of Davis g Stephenson, Incorporated, for insurance to be carried by United States Fidelity and Guaranty Company and authorizing the President to arrange for and acquire said coverages to take effect at 12:01 a.m., March 23, 1975: RESOLUTION WHEREAS, advertisement for bids for insurance on the Operations of Greater Roanoke Transit Company has been duly published and a single bid has been received in response thereto, which bid has been studied by the Executive Committee of the Board of Directors, which recommends its acceptance; and WHEREAS, the premiums bid on the various types of insurance are reasonable. BE IT RESOLVED by the Board of Directors of the Greater Roanoke Transit Company, that the bid of Davis and Stephenson, Incorporated, for insurance to be carried by United States Fidelity and Guarantee Com- pany for the following coverages and premiums: Coveraae Premium $5,000,000 combined limit Automobile General liability $1,200,000 Garage Keepers General Liability Perils: Fire and theft Riot and vandalism $250 Deductible - Collision $60,000.00 10,200.00 1,000.00 320.00 780.00 Uninsured Motorists - Statutory Limits 452.00 Medical Payments--S2,000 150.00 Comprehensive ACV - Service Trucks 20.00 Fire, Theft, Combined additional coverage ($500 deductible vandalism) 2,200.00 Workmen's Compensation Estimated dividend, not guaranteed $1,518, 14,738.00 Contents Perils: Fire, extended coverage vandalism, $101,179 475.00 Crime, according to specifications No deductible 2,780.00 be and is hereby accepted and the President is authorized to arrange for and acquire said coverages, to take effect at 12:01 a.m., March 23, 1975. ADOPTED: March 17, 1975 Mr. Lisk moved the adoption of ry the Resolution. The motion was seconded by Mr. Garland and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ...................... 7. NAYS: None ................................ O. The Director of Marketing and Operations Planning for Valley Metro presented a brief summary of the takeover cere- mony scheduled to be held at 12:00 o'clock, noon, Monday, March 24, 1975, at the Roanoke Civic Center. Mr. Bubard moved that the Board of Directors meet in Executive Session to discuss a personnel matter. The motion was seconded by Mr. Lisk and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ...................... 7. NAYS: None ................................ O. After the Executive Session, the Resident Manager appeared before the Board and requested that, effective March 20, 1975, he be authorized to employ Ms. Deloris Elaine Hall as a Telephone Operator and Information Clerk, at a salary of $400.00 per month; and further requested that he be authorized, effective March 24, 1975, to employ Ms. Malinda Faye Harth as a Secretary and Clerical Assistant with a starting salary of $500.00 per month increasing to $550.00 per month effective October 1, 1975, and $600.00 per month effective April 1, 1976. Mr. Hubard moved that the Board of Directors authorize em- ployment of the two abovenamed individuals at the salaries so stated. The motion was seconded by Mr. Garland and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ...................... 7. NAYS: None ................................ O. There belnq no further business, the President declared the meeting adjourned. APPROVED: / resident ATTEST: ~0~_ Secretary The foregoing minutes have been read and are approved as recorded: [~ebber, President Noel C. Taylor ~/~..,/_~ R~e~ ~ ~rl~ /~amptVn W. Thomas ~am S. Hubard ~ame~O. Trout ~ Dauid K. Lisk GREATER ROANOKE TRANSIT COMPANY, Wednesday, March 19, 1975. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 2:00 o'clock p.m., Wednesday, March 19, 1975, in the City Manager's Conference Room, in the Municipal Building, City of Roanoke, Virginia, pursuant to written notice by the Secretary. PRESENT: Directors Robert A. Garland, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and President Roy L. Webber ............................................. 6. ABSENT: Director William S. Bubard .............. 1. Also present were Mr. Mr. Roger Sweeney, Director for Valley Metro; Mr. A. N. John F. Sweeney, Resident Manager and of Marketing and Operations Planning Gibson, Treasurer, Greater Roanoke Transit Company; Mr. James N. Kincanon, Legal Counsel, Greater Roanoke Transit Company; Mr. Byron E. Haner, Vice President of Operations, Greater Roanoke Transit Company; Mrs. Mary F. Parker, Secretary, Greater Roanoke Transit Company; and various repre- sentatives of the press and news media. The President advised that the meeting was called for the purpose of naming persons who are duly authorized to sign and counter-sign checks, drafts, notes or orders drawn against the Greater Roanoke Transit Company's deposit at the Colonial- American National Bank of Roanoke. The Treasurer advised that in his absence he would like to have two people from his office authorized to sign the checks, drafts, notes or orders. The Legal Counsel for advised that it will be necessary that the persons to sign the checks, drafts, notes or orders also be officers of Greater Roanoke Transit Company. Mr. Garland placed in nomination the names of the Corporation authorized designated as Messrs. John H. Mitchell and douglas R. Wood as Assistant Treasurers of the Greater Roanoke Transit Company. The nominations were seconded by Mr. Trout. Mr. Garland moved that the nominations be closed. The motion was seconded by Mr. Trout and, on vote, carried and Messrs. John H. Mitchell and Douglas R. Wood were elected as Assistant Treasurers of Greater Roanoke Transit Company by the six Directors voting, Director Hubard absent. Mr. Thomas placed in nomination the name of Mr. Sam H. McGhee, III, as Assistant Vice President of Operations of Greater Roanoke Transit Company. The nomination was seconded by Dr. Taylor. Mr. Thomas moved that the nominations be closed. The motion was seconded by Dr. Taylor and, on vote, carried and Mr. Sam H. McOhee, III, was elected as Assistant Vice President of Operations of Greater Roanoke Transit Company by the six Directors voting, Director Hubard absent. Mr. Trout then offered the following Resolution providing that all checks, drafts, notes or orders drawn against the ac- count of Greater Roanoke Transit Company at the Colonial-Amer- ican National Bank of Roanoke be signed by any one of the following: A. N. Gibson Treasnrer John H. Mitchell Assistant Treasurer Douglas R. Wood Assistant Treasurer and countersigned by either one of the following: Byron E. Haner Sam H. McGhee, III Vice President of Operations Assistant Vice President of Operations RESOLUTION BE IT RESOLVED that that portion of the resolution adopted July 17, 1974, authorizing and providing for signature and counter-signature of checks, drafts, notes or orders drawn against the Company's deposit at The Colonial-American National Bank of Roanoke be, and that portion of said resolution is RESCINDED. BE IT FURTHER RESOLVED that all checks, drafts, notes or orders drawn against said account be signed any one of the following: by A. N. Gibson John H. Mitchell Douglas R. Wood Treasurer Assistant Treasurer Assistant Treasurer and countersigned by either one of the following: NAME TITLE Byron E. Haner Sam H. McGhee, III Vice President of Operations Assistant Vice President of Operations whose signatures shall be duly certified to said Bank, and that no checks, drafts, notes or orders drawn against said account at said Bank shall be valid unless so signed. BE IT FURTHER RESOLVED that the designation of The Colonial-American National Bank of Roanoke as a depository of this corporation and its funds heretofore provided in the resolution adopted July 17, 1974, be and is APPROVE[), RATIFIED and CONFIRMED. ADOPTED: March 19, 1975 Secretary Mr. Trout moved the adoption of the Resolution. The motion was seconded by Mr. Lisk and adopted by the following vote: AYES: Directors Garland, Lisk, Taylor, Thomas, Trout and President Webber .............................. 6. NAYS: None .............................. O. (Director Hubard absent) The Legal Counsel advised that it will not be amend the By-Laws of the Corporation The President then declared the necessary to to reflect the above action. meeting recessed until Friday, March 21, 1975, at 10:00 o'clock a.m., in Room 157-159 for the pur- pose of conducting all matters pertinent and necessary to the capital grant under the Urban Mass Transportation Act of 1964, as amended. At 10:00 o'clock a.m., Friday, March 21, 1975, the meeting was reconvened in Room 157-159 of the Municipal Building, Roanoke, Virginia, with President Webber presiding and the following mem- bers of the Board of Directors present: PRESENT: Directors Robert A. Garland, David K. Lisk, Noel Taylor, Hampton W. Thomas, James O. Trout and President Roy Webber ........................................ 6. ABSENT: Director William S. Hubard ......... 1. Director David K. Lisk presented the invocation. The Legal Counsel for the Corporation presented a communi'- cation from Mr. Frank C. Herringer, The Administrator, Department of Transportation, Urban Mass Transportation Administration, Washington, D.C., advising that the grant application of the City of Roanoke for a capital grant under the Urban Mass Transportation Act of 1964, as amended, has been approved in the maximum amount of $1,632,480. (For full the Secretary.) text, see communication as filed in the office of The Legal Counsel for the Corporation called to the attention of the Board of Directors that on March 3, 1975, the Board adopted a Resolution authorizin9 the President and Secretary to execute the UMTA Grant, if and when approved, and that the next order of bust- ness would be the execution of said grant by the President and Secretary of GRTC; whereupon, the President and Secretary executed same on behalf of Greater Roanoke Transit Company. (For full text, see copy of Urban Mass Transportation Capital Grant Contract between Greater Roanoke Transit Company, Roanoke, Virginia, and the United States of America, as filed in the office of the Secretary.) The President and Secretary of Greater Roanoke Transit Company then executed the Contract of Sale between Roanoke City Lines, In- corporated, and Greater Roanoke Transit Company for the physical assets of the Company. (For full text, see original Contract of Sale as filed :in the office of the Secretary.) The City Manager and the City Clerk, respectively, for 'the City of Roanoke executed the Contract of Sale between Roanoke City Lines, Incorporated, and the City of Roanoke for the real estate at the southeast corner of Campbell Avenue and Roanoke, Virginia. (For full text, see Contract of Sale the City Clerk.) The executed Virginia 12th Street, S. E., as filed in the office of President and Secretary of Greater Roanoke Transit Company an Agreement between Greater Roanoke Transit Company and Stage Lines, Incorporated, in which GRTC will perform in its garage necessary maintenance work for Virginia Stage Lines at GRTC's average garage payroll rate plus 65%, for a period of six months commencing on March 23, 1975, and ending on September 23, 1975, and shall thereafter continue on a month to month basis, either party may terminate by giving thirty days' written notice. (For full text, see Agreement as filed in the office of the Secretary.) The President and Secretary of Greater Roanoke Transit Com- pany executed a Deed of Lease between Greater Roanoke Transit Company and Virginia Stage Lines, Incorporated, for the purpose of operating Virginia Stage Lines' bus body repair and painting business in property described as that section of the bus repair shops at 13th Street and Campbell Avenue, S. E., known as the body shop, which is the section that faces 13th Street, the dimensions of same being approximately 90 feet by 50 feet; adjacent restroom and stripping room and painting room also adjacent to body shop for a period of six months commencing on March 23, 1975, and ending on September 23, 1975, and shall thereafter continue on a month to month basis, either party may terminate by giving thirty days' written notice. (For full text, see Deed of Lease as filed in the office of the Secretary.) The President and Secretary of Greater Roanoke Transit Com- pany executed an Agreement between Greater Roanoke Transit Com- pany and Virginia Stage Lines, Incorporated, wherein Virginia Stage Lines will perform, in its portion of said building, nec- essary bus body and/or painting for GRTC at Virginia Stage Lines' average Roanoke garage payroll rate plus 65% for a period of six months commencing on March 23, 19751 and terminating on September 23, 1975, and shall thereafter continue on a month to month basis, either party may terminate this agreement by giving the other party thirty days' written notice. (For full text, see Agreement as filed in the office of the Secretary.) The President and Secretary of Greater Roanoke Transit Com- pany executed an Agreement of Lease between the City of Roanoke and Greater Roanoke Transit Company leasing to Greater Roanoke Transit Company a portion of the real estate at Twelfth Street S. E., Roanoke, Virginia, for a period of on March 23, 1975, and ending on March 22, and Campbell Avenue, one year commencing 1976. (For full text, see Agreement of Lease office of the Secretary.) The President signed an application to Commission relative to the transfer Convenience and Necessity of Roanoke Greater Roanoke Transit Company. The President also signed MC-222 providing for the lease Incorporated, to Greater Roanoke thereto is transferred to GRTC. The Legal Counsel presented a binder on the insurance with Globe Indemnity Company insuring Buildings 1, 2 and 3 at Twelfth Street and Campbell Avenue, S. E., Roanoke, as filed in the the State Corporation of the Certificate of Public City Lines, Incorporated, to Transit Company until the State Corporation Commission Form of buses by Roanoke City Lines, title policy located Virginia. The Resident Manager submitted a communication from Mr. Peter G. Davis, Superintendent, Casualty Department, United States Fidelity and Guaranty Company, said letter to serve as a Binder of Coverage, effective at 12:01 a.m., on March 23, 1975, for Workmen's Compensation Insurance, Comprehensive Automobile Liability Insurance, Comprehensive General Liability Insurance, Garage Keeper's Legal Liability Insurance, Automobile Physical Damage Insurance, Automobile Medical Payments Insurance, Uninsured Motorists Coverage, and also binding, effective 12:00 o'clock noon on March 23, 1975, the Fire Extended Coverage and Vandalism and Comprehensive Crime Coverage - No Deductible. (For full text, see communications as filed in the office of the Secretary.) The Legal Counsel advised that in discussions held with Mr.'Guy L. Carpenter and Mr. J. Wi~ar Stowe, he has been ill- formed that Roanoke City Lines, Incorporated, will, on April 1, 1975, purchase the new license tags for the buses and it will not be until GRTC takes title to the equipment that the blue license tags will be obtained by Greater Roanoke Transit Com- pany from the Division of Motor Vehicles. The Treasurer for the Corporatioa presented a check in the sum of $98,866.00 to Mr. J. Wistar Stowe, President, Roanoke City Lines, Incorporated, for the physical assets as more fully set out in the Contract of Sale between Roanoke City Lines, In- corporated, and Greater Roanoke Transit Company, the sum of $395,470.00 to be paid on the Closing Date. The President expressed sincere appreciation to the many people who assisted in applying for the Urban Mass Transportation Administration Grant. There being no further business, the President declared the meeting adjourned. APPROVED:) I'resident ATTEST: Secretary The foregoing minutes have been read and are approved as recorded: / R~y DJ. Webber, President Noel C. Taylor ~ ,~liam So Hubard GREATER ROANOKE TRANSIT COMPANY Monday, March 31, 1975. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 9:06 o'clock p.m., Monday, March 31, 1975, in the Council Chambers in the Municipal Building, City of Roanoke, Virginia, pur- suant to written notification by the Secretary of the Corporation. PRESENT: Directors Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and Pres- ident Roy L. Webber ............................... 7. ABSENT: None ................................ O. Also present were Mr. John F. Sweeney, Resident Manager, Valley Metro; Mr. Byron E. Barter, Vice President of Operations, Greater Roanoke'Transit Company; Mr. James N. Kincanon, Legal Counsel, Great- er Roanoke Transit Company; Mr. A. N. Gibson, Treasurer, Greater Roanoke Transit Company; Mrs. Mary F. Parker, Secretary, Greater Roanoke Transit Company; and various representatives of the press and news media. The Vice President of Operations submitted a written report recommending that the second Monday of each month be established as a formal monthly meeting date of the Board of Directors of the Greater Roanoke Transit Company based on Section XI Working Funds of the advi- sory and management agreement between GRTC and ATE Management and Service Company, Incorporated, which provides that on or before the 15th of each month an estimate of anticipated revenue and operating expenses for the following month will be submitted to GRTC for use in establishing the amount of operating monies to be set aside for a working fund for the following month. (For full text, see communication as filed in the Office of the Secretary.) Mr. Hubard moved that the Board of Directors concur in the recommendation of the Vice President of Operations and offered the following Resolution: RESOLUTION WHEREAS, Section 4 of ARTICLE III of the By-Laws of the Greater Roanoke Transit Company provides that meetings of the Board of Directors shall be held at times fixed by resolution of the Board; and WHEREAS, the establishment of a fixed meeting date is necessary for the orderly conduct of business of the Company. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of Greater Roanoke Transit Company that a regular business meeting of said Board shall be held in the Council Chambers located on the Fourth Floor of the Municipal Building on the second Monday of each month, at such time as is specified in the notice of the meeting. Adopted: March 31, 1975. Certified A True Copy, Secretary Mr. Hubard moved the adoption of the Resolution. The motion was seconded by Mr. Trout and adopted by the following vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ........................... 7. NAYS: None ............................... O. The President called to the attention of the Board of Directors a communication from Mr. Richard G. Young, Executive Director, League of Older Americans, Incorporated, requesting that the Board of Directors of the Greater Roanoke Transit Company consider the possibility of the identification card of the League of Older Americans being the offi- cially recognized identification for discounted fares from the Greater Roanoke Transit Company and that the age limit be set at 60 years and over which is the generally recognized age group constituting the elderly according to most federal agencies. (For full text, see communication as filed in the Office of the Secretary.) Mr. Garland moved that the communication be referred to the Resident Manager of Valley Metro for study, report and recommen- dation to the Board of Directors. The motion was seconded by Mr. Lisk and unanimously adopted. The Resident Manager of Valley Metro appeared before the Board Directors and presented a communication recommending certain of salary adjustments for certain non-union staff personnel at Valley Metro, effective April 1, 1975, advising that these employees have not received increases, of any type, for over fifteen months and that the suggested salaries are in line, and in most cases, lower than the city pay scale for comparable jobs, verbally advising that these raises range from 7~% to 10%. (For full text, see communication as filed in the Office o£ the Secretary.) Mx. Lisk moved that the Board of Directors concur in the rec- ommendation of the Resident Manager relative to the proposed salary adjustments. The motion was seconded by Mr. Garland. In a discussion of the matter, Messrs. Thomas, Trout and President Webber expressed the opinion that if the Board of Directors commits itself to 7~% to 10% salary adjustments for these employees, then City Council will be committed to provide the same percentage of pay increase for all city employees, that action on the salary adjustments for Valley Metro employees should be deferred until the City Manager submits his recommendation to Council relative to the percentage of pay increases for all city employees and the two questions should be considered simultaneously. Mr. Thomas offered a substitute motion that the request for the salary adjustments for certain employees at Valley Metro be taken under advisement by the Board of Directors until City Council begins its 1975-76 budget study sessions. The motion was seconded by Mr. Trout and lost by the following vote: AYES: Directors Thomas, Trout and President Webber ........ 3. NAYS: Directors Garland, Hubard, Lisk and Taylor .......... 4. The original motion was then adopted by the following vote: AYES: Directors Garland, Hubard, Lisk and Taylor .......... 4. NAYS: Directors Thomas, Trout and President Webber ........ 3. There being no further meeting adjourned. business, the President declared the ATTE ST: Secretary GREATER ROANOKE TRANSIT COMPANY, Monday, April 14, 1975. A meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by the President, Mr. Roy L. Webber, at 3:25 o'clock p.m., Monday, April 14, 1975, in the Council Chambers in the Municipal Building, City of Roanoke, Virginia, pursuant to written notification by the Secretary of the Corporation. PRESENT: David K. Lisk, and President ABSENT: Also present Valley Metro; Mr. Directors Robert A. Garland, William S. Hubard, Noel C. Taylor, Hampton W. Thomas, James O. Trout Roy L. Webber ............................. 7. None ...................................... O. were Mr. John F. Sweeney, Resident Manager, Roger Sweeney, Director of Marketing and Oper- ations Planning, Valley Metro; of Operations, Greater Roanoke canon, Legal Counsel, Greater Gibson, Treasurer, Parker, Secretary, Mr. Byron E. Haner, Vice President Transit Company; Mr. James N. Kin- Roanoke Transit Company; Mr. A. N. Greater Roanoke Transit Company; Mrs. Mary F. Greater Roanoke Transit Company; and various representatives of the press and news media. Pursuant to Section XI, Working Funds, of the Advisory and Management Agreement between Greater Roanoke Transit Company and ATE Management and Service Company, Incorporated, which provides that on or before the 15th of each month an estimate of antici- pated revenue and operating expenses for the following month will be submitted to operating following Board and GRTC for use in establishing the amount of monies to be set aside for a working fund for the month, the Resident Manager appeared before the advised that total operating revenue for the month of May, 1975, will be $80,600.00 and that total operating ex- penses will be $166,858.00 with a net operating revenue of $(86,258.00). With reference to labor negotiations, the Resident Man- ager advised that a proposal has been made to Union represent- atives; however, on April Union representatives asked has agreed to meet with the Mediator on April 17, 1975. With reference to the 3, 1975, this offer was rejected and for a Federal Mediator, and that he Union representatives and the Federal matter of the Pendleton Bus Lines, the Resident Manager advised that he has offered a Pendleton Bus Lines to store certain equipment age building at Valley Metro, that he has also temporary lease to in the steel stor- offered to service Pendleton Bus Lines' vehicles under an agreement identical to that with Virginia Stage Lines, Incorporated, and that Mr. Pendleton appeared to be interested in the proposal and will contact him at a later date. With reference to the matter of reduced fares for senior citizens and handicapped persons, the Resident Manager presented a communication suggesting that all persons 65 years of age and older and all handicapped persons be eligible for reduced fares; that one-half base fare (.15 cash) Free transfer, regular zone charge of .10 cash appllcable on Hollins College - Clover- dale and Salem - Glenvar routes be established; that the days and hours that the reduced fare will be effective are: Monday - Friday from 9 a.m., to 3 p.m., and Saturdays, Sundays, Holidays - all day; that Yalley Metro will honor an I.D. Card issued by the League of 01der Americans, Incorporated, provided the card is clearly marked so the bus operator can easily determine that the person is 65 years of age or over; and that the Easter Seal Soci-- ety, United Fund or similar agency be requested to screen and approve handicapped applicants, perhaps with one or more 6RTC Board members serving on a panel. (For ful] text, see communication as filed the Secretary.) in the Office of The Resident Manager verbally requested that the communi- cation be amended to provide for an implementation date of July 1, 1975, rather than June 1, 1975. Mr. Hubard moved that the Board of Directors receive and approve the communication, as amended. The motion was seconded by Mr. Lisk and unanimously adopted. With reference to printed schedules, the Resident Manager advised that printed schedules will be available sometime this summer and that a representative from ATE Management and Service Company, Incorporated, will be in Roanoke during the summer to conduct a route survey. 074 The Resident Manager advised that four buses have been painted to reflect the new color scheme of Valley Metro and recommended that five more buses be painted at this time to provide for more even distribution over the city. With reference to new bus specifications, the Resident Manager presented a list of general specifications for 22 new transit coaches and requested the concurrence by the Board of Directors in the general specifications. (For full text, see list of general specifications as filed in the Office of the Secretary.) After a discussion as to the feasibility of providing for an alternate in the bidding process for buses to accommodate the physically handicapped, Mr. Garland moved that the Resident Manager be instructed to ~dvertise for the 22 new transit coaches. The motion was seconded by Mr. Bubard and adopted by the follow- ing vote: AYES: Directors Garland, Hubard, Lisk, Taylor, Thomas, Trout and President Webber ........................ 7. NAYS: None .................................. O. With reference to the ten ride ticket sales, the Resident Manager advised that for the period from March 31 - April 13, 1975, a to~al of 2700 ten ride tickets were sold, that this averages out to 193 per day and exceeds what was anticipated. With reference to the UMTA Grant, the Director of Market- ing and Operations Planning advised that on April 1, 1975, he 07'5 submitted a request to UMTA for eighty per cent of acquisition costs for buying Roanoke City Lines and that after discussiens with representatives of UMTA he has been informed that process- ing should be completed prior to May 1, 1975. With reference to proposals for advertising both inside and outside the buses, the Director of Marketing and Operations Plan- ning advised that proposals wil] be received on this matter until April 21, 1975, and a contract will be entered into with the best bidder. With reference to a marketing plan, the Director of Marketing and Operations Planning presented a proposed marketing program for Valley Metro for the upcoming year which outlines their goals and the program to attain these goals. The Vice President of Operations submitted a written report proposing that the lease between the City of Roanoke and the Greater Roanoke Transit Company for the property located at 12th Street and Campbell Avenue, S. E., be amended, the intent of this amendment is to prevent the possibility of subrogation in the event of fire and will uot cause any change in the insurance coverage rate nor result in any change of insurance coverage level. Mr. Hubard moved that the Board of Directors concur in the proposed amendment and offered the following Resolution: "RESOLUTION RESOLVEO, by the Board of Directors of Greater Roanoke Transit Company, (GRTC), that the President and Secretary, be and they are hereby authorized on behalf of the Greater Roanoke Transit Company, to execute and attest, respectively, a certain written amendment to that certain written lease dated March 23, 1975, by and between the City of Roanoke and Greater Roanoke Transit Company, in the following words and form: 'By mutual agreement of the parties hereto the Lease from the City of Roanoke to Greater Roanoke Transit Company, dated March 23, 1975, for buildings at Twelfth Street and Campbell Avenue, S. E., Roanoke, Virginia, is hereby amended in the following respect only: The Lessor and Lessee waive all rights against each other in the event of fire dam- age to the extent covered by insurance, ex- cept such rights as they may have to the proceeds of such insurance.' ADOPTED: April 14, 1975 Mr. Hubard moved the adoption of was seconded by Mr. AYES: Directors Garland, Hubard, Lisk, Taylor, and President Webber ............................. 7. NAYS: None ................................. O. The Legal Counsel for the Corporation submitted a written report suggesting and recommending that the Board of Directors consider the appointment of Mr. James E. Buchholtz as Assistant General Counsel of Greater Roanoke Transit Company, does the General Counsel and all other officers and the Board, without compensation. ' SeCretary the Resolution. The motion Garland and adopted by the following vote: Thomas, Trout to serve as appointees of (For full text, see report as filed in the Office of the Secretary.) Mr. Trout placed in nomination the name of Mr. James E. Buchholtz as Assistant General Counsel of GRTC. Mr. Trout moved that the nominations be closed. The motion was seconded by Mr. Garland, and on vote, carried, and Mr. James E. Buchholtz was elected as Assistant General Counsel for the Grenter Roanoke Transit Company by all seven of the Directors voting. Mr. Garland expressed an interest in preserving some of the older buses, fare boxes and equipment for display at the Roanoke Transportation Museum at some later date and requested that the management team keep this suggestion in mind. There being no further business, the President declared the meeting adjourned. ATTEST: Secretary Ol STOCKHOLDERS MEETING, GREATER TRANSIT COMPANY, September 30, 1974. ROANOKE A meeting of the Stockholders of the Greater Roanoke Transit Company was called to order by the President, Mr. Byron E. Haner, at 9:40 p.m., Monday, September 30, 1974, in Room 159 ~ the Municipal Building, City of Roanoke, Virginia, for the purpose of accepting resignations from two of its Board of Directors and to act to fill the vacancies created by these two resignations. PRESENT: Stockholders Robert A. Garland, William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas, James O. Trout and Mayor Roy L. Webber ..................... 7. ABSENT: None ......................................... O. Also present were Mr. James N. Kincanon, one of the in- corporators and named Registered Agent, Mrs. representatives of the in the Articles of Incorporation as the Mary F. Parker, Secretary, and various press and news media. The President requested that the Secretary read, in its entirety, Notice of a Special Meetin9 of the Stockholders of the Greater Roanoke Transit Company; whereupon, the Secretary read the following: "NOTICE OF A SPECIAL MEETING OF THE STOCKHOLDERS OF THE GREATER ROANOKE TRANSIT COMPANY The Greater Roanoke Transit Company is to con- duct a special meeting of its stockholders on September 30, 1974, immediately followin9 adjourn- ment of the meeting of the City Council to be held at 7:30 p.m., on the same date, in the Council Chambers on the Fourth Floor of the Munic~al Build- lng in the City of Roanoke, for the purpose of accept- ing resignations from two of its Board of Directors and to act to fill the vacancies created by these two resignations. Signatures of a majority of the members of City Council acknowledgin9 acceptance of this notice constitutes a waiver of the time requirements for notice of a special meeting as set forth in Paragraph 3 of Article II of the By-Laws of'the Greater Roanoke Transit Company. Signed: S/Byron E. Haner President S/Roy L. Webber Roy L. Webber, Mayor S/Noel C. Taylor Dr. Noel C. Taylor, Vice Mayor S/Robert A. Garland Robert A. Garland S/William S. Hubard William S. Hubard S/David K. Lisk David K. Lisk ~/Hampton W. Thomas Hampton W. Thomas S/James 0. Trout James O. Trout" The President referred to Resolution No. 21838 adopted by the Council of the City of Roanoke authorizing a majority of the members of the Council of the City of Roanoke to act on behalf of the City of Roanoke as the sole stockholder of the Greater Roanoke Transit Company and to provide for the parliamentary procedure to be used by those Council members acting as the stockholder at any Greater Roanoke Transit Company stockholder meeting. 05 The President advised that the purpose of the meetin~ is to present resignations from Director Cabell J. Fearn and Director Kit B. Kiser. Mr. Thomas moved that the resignations be accepted with regret. The motion was seconded by Mr. Lisk and adopted by the followlng vote: AYES: Messrs. Garland, Hubard, Lisk, Taylor, Thomas, Trout and Mayor Webber ..................................... 7. NAYS: None ........................................... O. The President then called for nominations to fill the vacancies on the Board of Directors of the Greater Roanoke Transit Company. Mr. Thomas placed in nomination the name of Mayor Roy L. Webber and Mr. Robert A. Garland. The nominations were seconded by Mr. Lisk. Mr. Hubard moved that the Secretary be requested to cast ballots for Mayor Roy L. Webber and Mr. Robert A. Garland. The motion was seconded by Mr. Lisk and adopted by the following vote: FOR MAYOR WEBBER: Messrs. Garland, Hubard, Lisk, Taylor, Thomas and Trout ............................................. 6. (Mayor Webber not voting) FOR MR. GARLAND: Messrs. Hubard, Lisk, Taylor, Thomas, Trout and Mayor Webber ....................................... 6. (Mr. Garland not voting) The President then declared the election Webber and Mr. Robert A. Garland as Directors of Mayor Roy L. of the Greater 04 Roanoke Transit Company to fill the Messrs. Cabell J. Fearn and Kit B. July 1, 1975. There being no further business, the meeting adjourned. unexpired terms Kiser ending the President of declared ATTEST: Secretary APPROVED: STOCKHOLDERS MEETING, TRANSIT COMPANY, December 9, 1974. GREATER ROANOKE A special meeting of the Stockholders of the Greater Roanoke Transit Company was called by written notice given by all members of the Council of the City of Roanoke, representing the sole stock- holder, City of Roanoke, for Monday, December 9, 1974, immediately following adjournment of the meeting of the City Council held at 2 p.m., on that date in the Executive Council Chambers of the Municipal Building, City of Roanoke, Virginia, for the purpose of considering replacing all or certain of the members of the Board of Directors of Greater Roanoke Transit Company; revision of the By-Laws of Greater Roanoke Transit Company with respect to the composition of its Board of Directors and of the offices to be filled by said Board of Directors; and such other before the Stockholders. PRESENT: The sole business or matters as might then come stockholder, City of Roanoke, was present at the meeting, being represented by the City Council, namely: David K. Lisk, Noel C. Mayor Roy L. Webber ..................... 7. ABSENT: None ...................... O. Mayor and all members of the Messrs. Robert A. Garland, William S. Hubard, Taylor, Hampton W. Thomas, James O. Trout and Also present at the meeting were Mr. Byron E. Haner, President of the corporation; Mr. James N. Kincanon, legal counsel for the cor- poration and named in the Articles of Incorporation as its Registered Agent; Mrs. Mary F. Parker, Secretary; and various representatives of the press and news media. The President called the meeting to order and read, in its entirety, the following Notice of a Special Meeting of the Stock- holders of the Greater Roanoke Transit Company: "NOTICE OF A SPECIAL MEETING OF THE STOCKHOLDERS OF THE GREATER ROANOKE TRANSIT COMPANY A Special Meeting of the stockholders of Greater Roanoke Transit Company will be held on December 9, 1974, in the Council Chambers on the Fourth Floor of the Municipal Building in the City of Roanoke, immedi- ately following adjournment of the meeting of the City Council to be held at 2:00 p.m., on that date, for the purpose of considering and acting upon the following matters: (a) Replacing all or certain of the members of the Board of Directors of Greater Roanoke Transit Company. (b) Revision of the By-Laws of Greater Roanoke Transit Company with respect to the compo- sition of its Board of Directors and of the offices to be filled by said Board of Directors. (c) Such other business or matters as may then come before the stockholders. The signature of a majority of the members of the Council of the City of Roanoke, the City of Roanoke being the sole stockholder of the corporation, acknowledging acceptance of this notice constitutes a waiver of the time requirements for notice of a Special Meeting as set forth in Paragraph 3, Article II of the By-Laws of the Greater Roanoke Transit Company. Dated: December 3, 1974. Signed: S/Byron E, Haner President S/Roy L. Webber Roy L. Webber, Mayor S/David K. Lisk David K. Lisk S/Noel C. Taylor S/Hampton W, Thomas Dr. Noel C. Taylor, Hampton W. Thomas Vice Mayor S/Robert A, Garland S/James O, Trout Robert A. Garland James O. Trout" S/William S. Hubard William S. Hubard Mr. Garland moved that the following named five (5) Directors of the Greater Roanoke Transit Company, viz: Messrs. Byron E. Haner, A. N. Gibson, R. Dale Caudill, S. W. Hylton and William C. Stott, Jr., be removed as directors and replaced by the following named five (5) members of the Council of the City of Roanoke, viz: Messrs. William S. Hubard, David K. Lisk, Noel C. Taylor, Hampton W. Thomas and James O. Trout; and the motion was seconded by Hubard and, on vote, unanimously carried. Mayor Webber requested that the record show that the reorgani- zation was done in the best interest of the overall operation of the City of Roanoke and of the corporation, and that it was felt that the members of the City Council should accept this responsibility because of certain understood by each aspects of the program that member of Council. Mr. Garland placed in nomination the name Webber should be known and of Mayor Roy L. as President of the Greater Roanoke Transit Company. The nomination was Mr. Thomas was seconded by elected seconded by Mr. Thomas. moved that the nominations be closed. The motion Mr. Trout, and Mayor Roy L. Webber was unanimously as President of the Greater Roanoke Transit Company. Mr. Garland moved that the a Resolution of appreciation to R. Dale Caudill, S. W. Hylton rendered by them as Directors The motion was seconded by Mr. Secretary be instructed to transmit Messrs. Byron E. Haner, A. N. Gibson, and William C. Stott, Jr., for services of the Greater Roanoke Transit Company. Hubard and unanimously adopted. The President inquired as to whether or not a revision of the By-Laws is needed; whereupon, the City Attorney replied that it is not necessary. There being no further business, the meeting of the Stock- holders was adjourned. ATTE ST:~/~ Secretary APPROVED: Webber, President David K. Lisk · Noe /~C. Taylor es O. Trout