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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Mary DeLoretto, Chief Capital Services Officer |
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PRESENTER(S): |
Dave Hancock, Director Capital Development |
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Andrea Pullos, Project Manager |
TITLE:
title
Contract: MidValley Connector Lease Agreement (West Valley City)
end
AGENDA ITEM TYPE:
Non-Procurement Agreement
RECOMMENDATION:
Approve and authorize lease agreement with West Valley City
BACKGROUND:
UTA is in the process of preparing to construct the MidValley Connector Bus Rapid Transit (BRT) project (UTA Project MSP253). As part of the project, UTA is working with local jurisdictions to collect right-of-way and access to local roadways for the busway. This creates the need for a lease agreement with the local jurisdiction. The busway for the MidValley Connector BRT project will be utilizing West Valley City roads and will expand the bus hub.
DISCUSSION:
The lease agreement with West Valley City and UTA contains the following:
• West Valley leases to UTA portions of their street for stations
• No lease value assigned to street for FTA reporting
• West Valley leases to UTA property for the West Valley Hub
o Lease valued at $510K for FTA reporting; no actual funds exchanged
• Installation of 8’ post and panel wall along 2700 West with the Project installing the wall and West Valley purchasing the right of way needed for the construction
• Install transformer on the leased property to accommodate a high-speed bus charger. Excess capacity of transformer will be 1000 kW available to City for vehicle charging stations at City Hall.
• UTA responsible for maintenance of UTA facilities and stations including snow removal from BRT hub area.
• West Valley responsible for all street maintenance and improvements
CONTRACT SUMMARY:
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Contractor Name: |
West Valley City |
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Contract Number: |
23-P00279 |
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Base Contract Effective Dates: |
September 13, 2023 |
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Extended Contract Dates: |
September 13, 2073 |
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Existing Contract Value: |
NA |
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Amendment Amount: |
NA |
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New/Total Contract Value: |
$0.00; FTA reporting value $510,000 |
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Procurement Method: |
NA |
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Budget Authority: |
2023-2027 Capital Plan |
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ALTERNATIVES:
None
FISCAL IMPACT:
This agreement will create additional land assets (right-to-use) for UTA for the West Valley Station and six additional stations on 2700 West. Donated property is received by UTA at its appraised value at time of donation.
This agreement will also lease out one electrical transformer to be constructed on the Project to West Valley City. The value of this asset has yet to be determined.
This agreement identifies the right to build a wall on West Valley City’s property line on 2700 West, but no land asset has been valued at this time, and due to nature of property line, land under the future fences will not be able to be valued.
ATTACHMENTS:
1) West Valley City Lease Agreement