CITT approves refunding resolution and expands engineering agreement authority for railroad work
At its May 28 meeting the Citizens Independent Transportation Trust approved two action items: a refunding resolution to refinance bonds issued in 2015 and an amendment to R‑840‑09 expanding preliminary engineering agreement authority for railroad‑related transit work, including adjusted $5 million thresholds for certain projects.
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The Citizens Independent Transportation Trust on May 28 voted to recommend two items to the Board of County Commissioners: a bond refunding transaction (Item 7a) and an amendment to Resolution R‑840‑09 to expand the scope and dollar thresholds for preliminary engineering agreements affecting railroad property (Item 7b). Both items passed after discussion.
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