FINANCIAL_SERVICESAPPROVED

Humboldt Transit Authority Board Meeting Agenda Packet May 2026

HTA, County finalize five-year Measure O transit MOU

Fifteen percent (15%) of Measure O sales tax revenues; estimated $3,600,000 per fiscal year, total estimated $18,000,000 plus share of excess revenueHumboldt Transit AuthorityCOUNTY OF HUMBOLDTMay 4, 2026

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Description

Humboldt Transit Authority is entering a five‑year Measure O Memorandum of Understanding with the County of Humboldt, securing approximately $3.6 million per year in sales tax revenue to support transit operations and capital needs. The agreement runs from July 1, 2025 through June 30, 2030 and includes performance reporting, audit, and indirect cost provisions.

Contract Details

Contract Amount

Fifteen percent (15%) of Measure O sales tax revenues; estimated $3,600,000 per fiscal year, total estimated $18,000,000 plus share of excess revenue

Vendor

COUNTY OF HUMBOLDT

Agency

Humboldt Transit Authority, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

July 1, 2025 – June 30, 2030 (Fiscal Years 2025/26 – 2029/30)

Renewal Date

2030-06-30

Renewal Info

MOU runs through June 30, 2030 with provisions for termination for cause or without cause and potential renegotiation if indirect costs exceed agreed caps; future extensions would require a written amendment.