Joint Executive Team Sample Clauses

Joint Executive Team. The Parties will establish a Joint Executive Team to oversee the collaborative development of high-capacity transit system investments and operations. Each Party will have one representative on the Joint Executive Team. The Joint Executive Team will make decisions by consensus in developing its joint recommendations to their respective governing bodies. The Joint Executive Team will develop and communicate recommendations for the Parties’ governing bodies related to the Program and Project, but it will have no power to act beyond the authority granted by the Parties’ governing bodies. The appropriate Party(s) governing bodies will make all final decisions relating to Program or Project, including funding, capital program definition, land acquisition, route alignment, and service level. The Joint Executive Team may establish such other procedures or bylaws as are appropriate to the conduct of its business and consistent with the authority granted by the Parties. The Joint Executive Team will appoint one of its members to act as the committee chairperson on an annual basis. The chairperson will establish a regular meeting schedule and corresponding agendas. The initial appointed Joint Executive Team Chairperson will be the Executive of Capital Metro.