REPORT TO THE CITY COUNCIL
May 18, 2017
FROM: LARRY WESTERLUND
Director of Economic Development
SCOTT L. MOZIER, PE, Director
Public Works Department
SUBJECT
Title
Action related to previously approved Reimbursement Agreement, California High Speed Rail Heavy Maintenance Facility (HMF) with the Fresno County Transportation Authority (FCTA):
1. ***RESOLUTION - 56th amendment to the Annual Appropriation Resolution (AAR) No. 2016-118 to appropriate $250,000 for purchase and sales agreements to acquire properties within the proposed Fresno High Speed Rail HMF footprint. (Requires 5 affirmative votes)
Body
RECOMMENDATIONS
Staff recommends that the City Council take the following actions:
Adopt the 56th Amendment to the Annual Appropriation Resolution (AAR) No. 2016-118 to appropriate $250,000 for purchase and sales agreements to acquire properties within the proposed Fresno High Speed Rail HMF footprint.
EXECUTIVE SUMMARY
In accordance with the reimbursement agreement previously approved by Council on April 6, 2017, staff recommends the Council adopt the 56th amendment so as to appropriate $250,000 of new Measure "C" revenues from the FCTA. The funds will be used exclusively for purchase and sales agreements to acquire properties within the proposed High Speed Rail HMF footprint.
BACKGROUND
In 2010, CHSRA issued a request for information for potential sites within the Central Valley to be
used for their HMF site. The Fresno COG Policy Board and the FCTA Board approved Amendment #1 to the Measure "C" Expenditure Plan which authorized $25 million to be used for a variety of purposes related to securing the HMF, including the assembly of the necessary parcels.
In April 6 2017, the City of Fresno entered into a reimbursement agreement with FCTA for purchase and sales agreements to acquire properties within the proposed Fresno High Speed Rail HMF footprint. The total non-refundable deposit amount is not to exceed $500,000 over two years.
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