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Authority authorizes staff to pursue railroad lease and considers $15,000 curb-and-gutter expense
Summary
At a meeting to discuss finances, construction and legal matters, the authority authorized staff to apply for a railroad lease option and reviewed construction updates; staff estimated a $15,000 curb-and-gutter cost from contingency funds but the transcript does not record a final vote on that specific expenditure.
The Chair opened a meeting of the authority and authorized staff to pursue a lease option with the railroad for a property adjacent to the project, and the board discussed construction changes including a proposed curb-and-gutter installation that staff estimated would cost about $15,000.
In a presentation on legal matters, the staff member who requested authority said the railroad had told them it would take about "60 to 90 days" to assemble numbers to purchase or lease the property and that the railroad expected a lease could include a 60-day termination provision but could be structured as a long-term arrangement. "We have an option to lease that property, and that can be done in 60 to 90 days," Randy said,…
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