File #: 041077    Version: 1 Name: Union Pacific Railroad track lease for Third St. and Cargo Way for the Third Street LRT Project
Type: Resolution Status: Passed
Introduced: 8/10/2004 In control: Board of Supervisors
On agenda: Final action: 8/25/2004
Enactment date: Enactment #: 521-04
Title: Resolution authorizing the Director of Transportation to execute a track lease with the Union Pacific (UP) and Burlington Northern Santa Fe (BNSF) Railroads that leases approximately three hundred ten (310) feet of UP’s spur track at the intersection of Third Street and Cargo Way for a term of 25 years, rent of $10 per year, and a one-time administrative fee of $500 for a total cost of $750, and requires the City to repair and maintain the track and construct and maintain a railroad crossing signal system.
Sponsors: Mayor
Attachments: 1. Leg_Ver1, 2. Leg_Final
Legislation Details
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