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Title
Amendment to the Federal Fiscal Year 2018-19 Operating Agreement with Amtrak for the Pacific Surfliner Intercity Passenger Rail Service
Overview
In order to provide continued operation of the Pacific Surfliner intercity passenger rail service as included in the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency business plan for fiscal years 2019-20 and 2020-21, it is necessary to amend the current federal fiscal year 2018-19 Amtrak operating agreement to include additional funding capacity. Consistent with prior approval and direction from the Board of Directors, staff is currently underway with negotiations with Amtrak for an operating agreement for federal fiscal year 2019-20. However, final terms are still under discussion and the current agreement must be extended to allow for the continuation of Amtrak Pacific Surfliner intercity passenger rail service until a new operating agreement is executed, with a maximum extension through March 30, 2020.
Recommendation(s)
Authorize the Managing Director to amend the current operating agreement with Amtrak (Agreement No. L-7-0008) for the continued operation of the Pacific Surfliner intercity passenger rail service in an amount not to exceed $18,600,000.