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Council approves city to enter railroad agreement and front crossing costs for Cargo Largo project
Summary
Council approved three related items authorizing the city to enter agreements with Union Pacific, accept reimbursement arrangements from Cargo Largo, and coordinate with the Nolan Road CID on maintenance and permit fees; staff said Cargo Largo will pay roughly $881,000 for crossing construction and Nolan Road CID will cover an estimated $25,000/year maintenance payment starting three years after passage.
City staff told the council on Jan. 5 that three pulled consent items concern a railroad crossing needed for the Cargo Largo facility. Staff said Union Pacific will not contract with a private developer, so the city must enter the agreement and front the construction costs, which Cargo Largo will reimburse.
City staff described the package this way: the city will…
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