STRATEGIC PRIORITY: Mobility Solutions, Infrastructure, and Sustainability
AGENDA DATE: May 13, 2020
COUNCIL DISTRICT(S): 6
DEPARTMENT: Water Utilities Department
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
title
Authorize acquisition from Union Pacific Railroad Company (UPRR), of a total of approximately 11,502 square feet of easements with an upper elevation limit of 418 feet, National Geodetic Vertical Datum 1929, Mean Sea Level, located near the intersection of North Riverfront Boulevard and Commerce Street for the Riverfront Blvd: UPRR to Cadiz Street Project - Not to exceed $75,776.00 ($71,776.00 plus closing costs and title expenses not to exceed $4,000.00) - Financing: Street and Transportation Improvements Fund (2006 General Obligation Bond Fund)
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BACKGROUND
This item authorizes the acquisition from Union Pacific Railroad Company, of a total of approximately 11,502 square feet of easements with an upper elevation limit of 418 feet, National Geodetic Vertical Datum 1929, Mean Sea Level, located near the intersection of North Riverfront Boulevard and Commerce Street. This property is located near the intersection of North Riverfront Boulevard and Commerce Street and will be used for the Riverfront Blvd: UPRR to Cadiz Street. The consideration is based on an independent appraisal. There are no relocation benefits associated.
This acquisition is for easements required to construct sidewalks, retaining walls, and drainage and utilities adjacent to North Riverfront Boulevard near Commerce Street. The easements will connect segments of the overall Riverfront Blvd. Project for pedestrian and bicycle traffic along sidewalks and bike paths and allow for construction of drainage and utility infrastructure as future demand warrants.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2020 |
FY 2021 |
Future Years |
|
Street and Transportation Improvements Fund (2006 General Obligation Bond Fund) |
$75,776.00 |
$0.00 |
$0.00 |
OWNER
Union Pacific Railroad Company
Lance M. Fritz, Chief Executive Officer
MAP
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