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TO: |
Board of Trustees |
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FROM: |
Jon Larsen, Chief Capital Services Officer |
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PRESENTER(S): |
Paul Drake, Director of Real Estate & TOD |
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Spencer Burgoyne, Manager of Property Administration |
TITLE:
title
UDOT Property Acquisition Report - Q1 2026
end
AGENDA ITEM TYPE:
Report
RECOMMENDATION:
Informational report for discussion
BACKGROUND:
UDOT is the lead agency purchasing land to accommodate double tracking of the FrontRunner system in 11 strategic locations.
Board Resolution R2025-09-07 authorized the Executive Director to oversee the acceptance of real property interests purchased by UDOT that have a value less than $1,000,000 and have received UTA environmental clearance for FR2X.
Board Resolution R2025-09-07 requires staff to report quarterly on the parcels acquired in UTA’s name during the previous quarter.
DISCUSSION:
UDOT acquired 10 parcels in UTA’s name during the first quarter of 2026. Nine of the parcels are associated with the FrontRunner 2X Project. One is associated with the FrontRunner Point Project. Staff will discuss the details of the acquisition report.
FISCAL IMPACT:
N/A
ATTACHMENTS:
• UDOT Property Acquisition Report - Q1 2026