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Commission defers Main Street railroad construction agreement after staff presents $121,000 estimate
Summary
The commission heard a presentation on a proposed construction agreement with the Louisville and Indiana Railroad for oversight/coordination during Main Street Segments 1 and 2, with an estimated cost of $121,000; commissioners agreed to treat the item as an introduction and return next month for formal action.
Paul presented a proposed construction agreement with the Louisville and Indiana Railroad for Main Street construction segments 1 and 2 (between Viridian Street and Polk Street). Paul said the railroad requires presence/oversight when construction occurs adjacent to its tracks, described prior negotiations as unsuccessful and stated the railroad provided an estimated cost of $121,000 for anticipated services.
Paul said legal counsel had reviewed the agreement and recommended the commission could move forward, but commissioners discussed timing and whether to take final action at this meeting. Commissioners agreed they had time (construction would not occur until next year) and decided to treat the item as an introduction and return next month for final approval or further questions. Staff noted the agreement may be funded from either the East Side TIF or the Central TIF and that coordination with the city controller would be needed to determine the funding source.
No final funding decision or contract execution occurred at the Nov. 4 meeting; the item was not approved and will return to the commission for a future vote.
