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Title:
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Resolution approving the award of a License and Services Agreement to Airport Research and Development Foundation (ARDF), a not-for-profit corporation, to provide ARDF with a license to use the City’s intellectual property for application-based commercial ground transportation (ABCT) trip fee collection services for the Airport and other airports, with Service Development Fee payments to the Airport of 25% of administrative fees paid to ARDF by participating airports and with Administrative Fee payments to ARDF of 5% of ABCT trip fees collected on behalf of the Airport, with no payments to or from either party due in the first year of the agreement, for a two-year term to commence following Board approval, with three one-year options to extend.
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