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III.3. Amending a Contract with HOURCAR Carshare Pilot Project CITY OF HOPKINS HRA Report 2024-04 To: Honorable Board Chair and HRA Board Members Mike Mornson, City Manager From: PeggySue Imihy, AICP, Special Projects and Initiatives Manager Date: May 7, 2024 Subject: Amending a Contract with HOURCAR Carshare Pilot Project _____________________________________________________________________ RECOMMENDED ACTION MOTION TO Approve The Multifamily Ev Carshare Pilot Project Contract Amendment. OVERVIEW The City of Hopkins and the City of Hopkins HRA has entered into an agreement with HOURCAR and Xcel Energy to participate in a pilot project which would install two electric vehicle charging stations and provide two (2) Evie community carshare vehicles at Dow Towers. This program is focused on providing low-income, multi-family residential buildings with access to an electric vehicle at a low cost. On January 3, 2023, the HRA entered into an agreement for 18 months which is set to expire on July 1, 2024, however chargers and vehicles have not yet been installed due to several issues including supply chain challenges. The City and HOURCAR have agreed to enter into an extension of this agreement until December 31, 2025, to ensure that the full length of pilot program can occur. Site work for the chargers has begun, and staff is optimistic that vehicles will be available in summer 2024. SUPPORTING INFORMATION • Dow Towers HOURCAR Agreement Amendment Administration Multifamily EV Carshare Pilot Project Tranche 2 Site Host Contract Amendment This Tranche 2 Site Host Contract Amendment (the “Amendment”) is pursuant to the Multifamily EV Carshare Pilot Project Tranche 2 Site Host Contract (the “Agreement”) between Hopkins Housing and Redevelopment Authority and HOURCAR (collectively, “the Parties”). The Parties hereby agree to amend the Agreement as follows: 1. The term of the Agreement is extended until December 31, 2025 per Section 1.b. 2. All other terms and conditions in the Agreement remain the same. IN WITNESS WHEREOF, each of the undersigned is duly authorized and directed to sign this Amendment. Hopkins Housing and Redevelopment Authority By__________________________________ Date: _______________ Name _______________________________ Title_________________________________ HOURCAR By__________________________________ Date: _______________ Name _______________________________ Title_________________________________