Revenue-Sharing MOU Governs Iowa County Rail Payments
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Description
The resolution references an existing 2018 Revenue Sharing Memorandum of Understanding between the Pecatonica River Rail Transit Commission and the Wisconsin River Rail Transit Commission. Under this agreement, Iowa County’s annual rail contribution of approximately $30,000 will continue as an ongoing expense to the remaining rail commission if the County withdraws from the other.
Contract Details
Contract Amount
$30,000 annually (shared contribution under revenue sharing MOU)
Vendor
WISCONSIN RIVER RAIL TRANSIT COMMISSION
Agency
Iowa County, WI
Contract Type
OTHER
Document Date
March 17, 2026
Contract Term
Memorandum of Understanding Revenue Sharing Agreement adopted January 26, 2018; ongoing annual contribution to the other rail commission if Iowa County withdraws from one commission
Renewal Info
The 2018 Revenue Sharing MOU reallocates county annual contributions between the PRRTC and WRRTC when a county belongs to both commissions. If Iowa County withdraws from one commission, its full annual contribution will remain as an ongoing obligation to the other commission under the MOU unless modified or terminated by future action.
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