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Subject
title
Reimbursement Agreement with Union Pacific Railroad for Design and Construction of the Orcutt Road Crossover Project
overview
Overview
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency proposes to enter into reimbursement agreements with Union Pacific Railroad for the design and construction of the Orcutt Road Crossover project in the City of San Luis Obispo.
recommendation
Recommendation(s)
Authorize the Managing Director to negotiate and execute reimbursement agreements with Union Pacific Railroad in an amount not-to-exceed $5,944,000, for design and construction of the Orcutt Road Crossover Project, and to execute a revenue agreement with the San Luis Obispo Council of Governments in an amount not to exceed $1,783,000, to reimburse a portion of those costs.