TRANSPORTATIONAPPROVED

City of Novi Municipal Credit and Community Credit Interlocal Transfer Agreement 2026-06-22

Novi Dedicates SMART Credits to People’s Express Transit

$62,149 annually (100% of Novi’s SMART Municipal & Community Credits; subject to adjustment after 2030 census)City of NoviPEOPLE’S EXPRESS INC (PEX)June 22, 2026

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Description

The City of Novi approved ongoing transfer of its full $62,149 annual SMART Municipal and Community Credit allocation to PEOPLE’S EXPRESS INC. (PEX) to operate local public transportation services. Effective July 1, 2025, the flowthrough funding will continue as long as PEX provides eligible transit services, with termination allowed on 90 days’ notice.

Contract Details

Contract Amount

$62,149 annually (100% of Novi’s SMART Municipal & Community Credits; subject to adjustment after 2030 census)

Vendor

PEOPLE’S EXPRESS INC (PEX)

Agency

City of Novi, MI

Contract Type

TRANSPORTATION

Document Date

June 22, 2026

Contract Term

Beginning July 1, 2025, and remaining in effect as long as PEOPLE’S EXPRESS INC. (PEX) operates eligible transit services; terminable by City with 90 days’ advance notice before SMART’s annual budget adoption

Renewal Info

Agreement is structured as an ongoing funding flowthrough rather than a fixed-term contract; it continues while PEX operates eligible transit services. The City may terminate with 90 days’ notice prior to SMART’s annual Municipal and Community Credit budget adoption, and credit amounts may be adjusted after the 2030 census.