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ACTION ITEM #11 Associates for the Development Agreement with Truckee Approval Associates for the Development Agreement with Truckee Approval July 20, 2016
Development Agreement for UPRR M&O Building 400,000$exceeds to the District conveyed site improvements -development agreement where the total value of onapproval by the Board of Directors
is required for any er District Code, P•and maintenanceDistrict for ownership, operation the developer and then conveyed to the is necessary when there are facilities that will be constructed
by agreement development When a developer proposes to construct a new project, a •BACKGROUND / HISTORY Development Agreement for UPRR M&O Building
Development Agreement for UPRR M&O Building Warranty•Project acceptance•Indemnification•Insurance•Dedication of facilities constructed by the developer•Dedication of easements where
necessary•and fees Costs •Items addressed in development agreement typically include:•Separate development agreements for electric and water•projectthe responsibilities of each party
with respect to a particular Describes •DistrictDevelopment agreement is a contract between the developer and the •BACKGROUND / HISTORY Development Agreement for UPRR M&O Building
Development Agreement for UPRR M&O Building Project acceptance and administrative closeout•Project construction•Signing of development agreement and payment of costs and fees•Preparation
of development agreement•plansReview and revision of project •Development agreement application•project feasibilityregarding discussions Initial •Development agreement process:•BACKGROUND
/ HISTORY Development Agreement for UPRR M&O Building
NEW INFORMATION necessary approvalsTDA working with Town of Truckee to develop master plan and obtain •Residential and commercial development•Land purchased by Truckee Development Associates
(TDA)•Land formerly owned by Union Pacific Railroad (UPRR)•Railyard project located at east end of downtown Truckee•Development Agreement for UPRR M&O BuildingDevelopment Agreement
for UPRR M&O Building
NEW INFORMATION TDA proceeding with this work due to deadlines in the purchase agreement•equipmentTDA to realign “balloon track” that is used to turn around snow removal •TDA to construct
new maintenance and operations building for UPRR •Purchase agreement between TDA and UPRR •Development Agreement for UPRR M&O BuildingDevelopment Agreement for UPRR M&O Building
NEW INFORMATION District installed by bore & jack constructionshared casing with Truckee Sanitary –One main line track crossing •cut constructiondedicated casing, installed by open –Two
“balloon track” crossings •Three track crossings •maintenance and operations buildingNeeded to provide domestic service and fire flows to new UPRR •initial phaseNew water pipeline from
Church Street to East River Street included in •Development Agreement for UPRR M&O BuildingDevelopment Agreement for UPRR M&O Building
NEW INFORMATION Will be presented for Board approval if improvements exceed $400,000•project phasing still being reviseddesign and Electric system •not complete at this timedevelopment
agreement •Final terms of ancillary agreements are being reviewed•Cooperative agreement with TSD for shared casing•maintenance and operations buildingservice to new with UPRR for agreement
license One ancillary •Three ancillary license agreements with UPRR for track crossings•Water Department development agreement has been prepared•Development Agreement for UPRR M&O BuildingDevelopmen
t Agreement for UPRR M&O Building
NEW INFORMATION Conflict of interest waiver has been prepared•UPRRDistrict and with respect to creating license agreements that are acceptable to both the of TDA and the interests of
the District are closely aligned The interests •interestSimon has performed work to TDA, creating potential conflict of -Porter•Simon has served as District’s legal counsel for a number
of years-Porter•Development Agreement for UPRR M&O BuildingDevelopment Agreement for UPRR M&O Building
FISCAL IMPACT projectadministration of the associated with design, engineering, construction inspection and will be responsible to reimburse the District for all costs Developer •item
is no direct fiscal impact to the District associated with this There •Development Agreement for UPRR M&O BuildingDevelopment Agreement for UPRR M&O Building
RECOMMENDATION development agreementrespect to this Authorize the General Manager to execute a conflict of interest waiver with •counselreview by the District’s legal inch casing subject
to -cooperative agreement with TSD regarding the 54development agreement such as license agreements with UPRR and the Authorize the General Manager to execute any ancillary agreements
to the •improvementsAssociates and the District for water system Approve the development agreement between Truckee Development •Agreement for UPRR M&O BuildingDevelopment Agreement
for UPRR M&O BuildingDevelopment