Report Prepared by: Frank Quintero, Director of Economic Development
Title
SUBJECT: Reimbursement Agreement with California High Speed Rail Authority for Technical Review
REPORT IN BRIEF
Proposed Reimbursement Agreement with the California High Speed Rail Authority to reimburse the City for staff costs associated with reviewing plans necessary to construct the Merced segment and Downtown Station. Amount of the Agreement shall not exceed $55,000.
RECOMMENDATION
City Council - Adopt a motion:
A. Adopting Resolution 2017-09, a Resolution of the City Council of the City of Merced, California, approving a reimbursement agreement with the California High Speed Rail Authority for reimbursement of costs related to the review of technical studies, legal documents, and design plans for the high speed rail project; and,
B. Authorizing the City of Merced to enter into a Reimbursement Agreement with the California High Speed Rail Authority for Technical Review not to exceed $55,000; and,
C. Authorizing the City Manager to execute the necessary documents; and,
D. Authorizing the Finance Officer to make the necessary budget adjustments.
Body
ALTERNATIVES
1. Approve as recommended by the Economic Development Advisory Committee and staff; or,
2. Approve, subject to modification (identify specific amendments in the motion); or,
3. Deny; or,
4. Refer to staff for reconsideration of specific items (specific items to be addressed in the motion; or,
5. Continue to a future meeting (date and time to be specified in the motion.)
AUTHORITY
City of Merced Charter, Section 200
CITY COUNCIL PRIORITIES
As provided for in the 2016-17 Adopted Budget, Economic Development, Objective 5) "Continue Working on High Speed Rail and other projects that may serve as economic engines in Downtown Merced."
DISCUSSION
The California High Speed Rail Authority (CHSRA) is responsible for the planning, design, construction, and operation of California's high speed rail system. C...
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