Verbal public comments may be submitted pursuant to the instructions noticed in the meeting agenda, which will be available at least 72 hours prior to the meeting at https://lossan.legistar.com/Calendar.aspx
Subject
title
Approval of Property Lease with Union Pacific Railroad for the Central Coast Layover Facility Project
overview
Overview
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is developing the Central Coast Layover Facility project in San Luis Obispo to expand train storage and maintenance capacity and support future Pacific Surfliner service expansion. The project would replace the existing nearby layover facility with two new layover tracks and allow light maintenance currently performed only in Los Angeles to also be performed in San Luis Obispo. The proposed facility site is owned by Union Pacific Railroad, and the California Department of Transportation is pursuing its purchase.
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is requesting approval from the Board of Directors for a three-year lease with Union Pacific Railroad for the project site. The interim lease would provide the property rights needed to support right-of-way certification for allocation of approximately $9 million of State Transportation Improvement Program funds for the project while the property purchase process continues.
recommendation
Recommendation(s)
Authorize the Managing Director to negotiate and execute a 3-year property lease with Union Pacific Railroad for the proposed Central Coast Layover Facility project.