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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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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 - Q4 2025
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 six parcels in UTA’s name during quarter 4 of 2025. The parcels are associated with the FrontRunner 2X project. Of the six parcels, four also include perpetual easements. Staff will discuss the details of the acquisition report.
ALTERNATIVES:
N/A
FISCAL IMPACT:
N/A
ATTACHMENTS:
1. UDOT Property Acquisition Report - Q4 2025