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HomeMy WebLinkAboutMay 18, 2026 Minutes GREATER ROANOKE TRANSIT COMPANY May 18, 2026 A regular meeting of the Board of Directors of the Greater Roanoke Transit Company was called to order by President Joseph L. Cobb on Monday, May 18, 2026, at 12:30 p.m., in the in the HR Learning Center, located in Room 309, Third Floor North, Noel C. Taylor Municipal B l ilding, 215 Church Avenue,S.W., Roanoke, Virginia, pursuant to written notification by the Secretary of the Corporation. PRESENT: Director's Matthew Crookshank, Dwayne D'Ardenne, Karen Michalski- Karney, Maxwell Dillon, Vivian Sanchez-Jones and President Joseph L. Cobb-6. ABSENT: Richard Peters, Jr. -1. Also present were yalmarie Turner, Vice-President of Operations; Laura Carini, General Counsel; Cecelia F. McCoy, Secretary; Kevin L. Price, General Manager, Valley Metro; and Ronnie Parker, Assistant General Manager, Valley Metro; Corey Alshouse, Interim Director of Finance Valley Metro. President Cobb declared the existence of a quorum. MINUTES: Without objection by the Board, President Cobb advised 'that the reading of the minutes of the regular meeting held on Monday, March 16, 2026, would be dispensed with and approved as written. (See copy of Minutes on File in the Secretary's Office.) REPORTS OF OFFICERS: GENERAL MANAGER: MANAGEMENT UPDATE: The General Manager submitted the Management Update dated May 18, 2026, regarding the following items: The General.Manager, Mr. Price, briefly advised the. Board that the price of low- sulfur diesel fuel for transit)operations has nearly doubled over the past 90 days due to the ongoing conflict in the Middle East. He reported that, prior to the conflict, diesel fuel costs averaged approximately $2.20 per gallon. Currently, GRTC is paying between $3.85 and $4.00 per gallon. To help mitigate these increased fuel costs, GRTC is deploying all three electric! buses, reducing engine idle times, and exploring additional revenue-generating and cost-saving opportunities. With regard to the Walmart transit stop update, Valley Metro has recommended that Walmart install two large passenger shelters, along with a cart corral and leaning rails, rather than a single extra-large shelter. Valley Metro believes this configuration will 1 better accommodate current passenger activity levels and improve the overall functionality of the transit stop. During discussion o l the Walmart transit stop update, Director Michalski-Karney made a brief inquiry. President Cobb noted that there are still several vacancies on TPAC and that efforts are underway to identify a candidate from the Vinton area. He advised that he would follow up with Director Peters regarding a potential appointment. Director Dillon confirmed that TPAC is specifically seeking a resident of Vinton to fill the vacancy. Mr. Price gave an update on the April 9, 2026, Transit Passenger Advisory Committee (TPAC) virtual meeting. Updates on transit bus shelter installs, route detours, ridership, and miscellaneous follow up items were the topics of discussion. (See TPAC Meeting Notes from April 9, 2026, in the secretary's office.) AUTHORIZATION TO APPROVE AND ADOPT FARE FREE ELECTION DAY SERVICE FOR TUESDAY, APRIL 21,2026, 2026; TUESDAY, AUGUST-4, 2026; AND ON TUESDAY, NOVEMBER 3, 2026 FOR ELECTION DAY. Director D'Ardenne offered the following resolution authorizing Fare Free Election Day Service for April 21, 2026, August 4, 2026, and November 3, 2026: "A RESOLUTION ratifying, approving and adopting Fare Free Election Day Service for Tuesday, April 21, 2026; Tuesday , August 4, 2026; and Election, and Tuesday, November 3, 2026, for the Greater Transit Company (GRTC) DBA Valley Metro; and authorizing the General Manager of GRTC to take appropriate action to implement such Fare Free Election Day Service for Tuesday, April 21,2026, 2026; Tuesday, August 4, 2026; and on Tuesday, November 3, 2026 for Election Day." (For full text, see resolution on file in the Secretary's Office.) Director D'Ardenne moved the adoption of the resolution. The motion was seconded by Director Sanchez-Jones and adopted by the following vote: AYES: Directors Crookshank, D'Ardenne, Dillon, Michalski-Karney, Sanchez- Jones and President Cobb 16. NAYS: None-O. (Director Peters was absent.) Regarding the GRTC prospective fare increase discussion, Mr. Price advised the last fare to increase for GRTC fixed route service was in January 2018; the base fare of $1.50 was increased to $1.75, a 16% increase. Since that time, GRTC's total operating expenses have increased 33%. Federal operating assistance has increased 36%; state assistance has increased 2 58%, and the local subsidy burden has increased 11% over the same period. Mr. Price advised staff is currently considering a $.25 or 14% base fare increase, from $1.75 to $2.00; this would increase GRTC's annual farebox revenue by approximately $181,000. Mr. Price noted that the proposed change would bring GRTC in line with other transit systems across the state. Director D'Ardenne inquired about trolley fares. Mr. Price explained that Carilion has elected to discontinue the trolley service and that staff are currently evaluating viable alternatives for its future operation. Potential options under consideration include establishing a fare-free corridor and exploring other innovative service models. He also suggested soliciting input from TPAC and considering Saturday service as a potential enhancement. Ms. Turner advised that the current trolley service will continue through June 30, 2026. President Cobb suggested that the Board reevaluate the process moving forward. Following additional questions and discussion, Mr. Price provided further financial information regarding the service, including monthly operating costs and funding contributions from the Federal Transit Administration (FTA), the City of Roanoke, Downtown Roanoke, Inc., and Carilion. Following extensive conversation regarding trolley service, Director D'Ardenne made a motion to include the Star Line Trolley in the-proposed passenger fare schedule and to add an item to June 8, 2026, Public Hearing to receive comment on potential modification to the Trolley service. The motion was seconded by Director Crookshank and adopted by the following vote: AYES: Directors Crookshank, D'Ardenne, Dillon, Michalski-Karney, Sanchez- Jones and President Cobb-b. NAYS: None-O. (Director Peters was absent.) GRTC FINANCIAL REPORT: Mr. Corey Althouse, Interim Finance Director, provided a briefing to the Board on GRTC's Statement of Revenues, Expenses and Changes in Net Position, and the Statement of Net Position (Assets, Liabilities, and Net Position). President Cobb also thanked Mr. Alshouse for the financial update. OTHER BUSINESS: President Cobb reminded the Board that the TPAC Committee requested a Board member to attend its next meeting, which will be held virtually on June 11, 2026, at 6:30 p.m. Director Vivian Sanchez-Jones volunteered and agreed to attend on behalf of the Board. NEXT MEETING: 3 President Cobb announced that the next GRTC Board of Directors meeting would be held on Monday, June 8, 2026, at 7:00 p.m. at the Third Street Station, 307 Salem Avenue, S.W., Roanoke, Virginia 24016 for a Public Hearing on the Passenger Fare Schedule for GRTC and the Star Line Trolley Program. President Cobb also reminded the next meeting of the Greater Roanoke Transit Company Board of Directors will be held in the City Council Conference Room, Room 451, Noel C. Taylor Municipal Building, 215 Church Avenue, S. W., Roanoke, Virginia on Monday, June 15 at 1:00 p.'m. and recess for the Stockholder's Meeting in City Council Chamber. at 1:30 p.m. and will reconvene promptly at 1:45 — 2:00 p.m. to continue the GRTC Board of Directors meeting. There being no further business, the President declared the regular meeting recessed at 1:45 p.m. APPROVED: ATTEST: qa‘41 —(4)161 ems- Joseph L. obb Cciouexit ecelia F. McCoy President Secretary 4