 The city made an initial buyout payment of two million dollars for rights to the Bronx express bus lines NYBS operated.The MTA Bus Company (the successor to the private line operations) meanwhile agreed to pay Arrigoni and the other NYBS owners six million dollars annually for use of its depot and maintenance facilities for a period of twenty years, with an option to purchase afterwards.On July 1, 2005, NYBS ceased operations and the former bus routes began operating under MTA Bus.