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Subject
title
Reimbursement Agreement with Union Pacific Railroad for Corridor Hardening and Coastal Resiliency Improvements
overview
Overview
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency has programmed $10,406,000 in funding to long-term corridor hardening and coastal resiliency improvements along the Santa Barbara Subdivision in partnership with the Union Pacific Railroad. Staff have worked with the Union Pacific Railroad to identify the most critical and urgent locations where there is the need to stabilize the track and adjacent bluffs. To advance work at these critical locations, staff are seeking Board of Directors approval to negotiate and execute an agreement with the Union Pacific Railroad to deliver the improvements.
recommendation
Recommendation
Authorize the Managing Director to negotiate and execute an agreement between the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency and Union Pacific Railroad for a not-to-exceed amount of $10,406,000, to construct the long-term improvements necessary to stabilize the track and adjacent bluffs at Mileposts 324.4 and 328.2 along the Santa Barbara Subdivision.