Corrected
December 10, 2015
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE establishing the Office of the Rock Island Rail Corridor Authority, authorizing the County Executive to appoint the Director of such office, and appropriating $1,400,000.00 from the undesignated fund balance of the 2015 Special Road and Bridge Fund for use by the Office of the Rock Island Rail Corridor related to the County's contemplated acquisition of the Rock Island Rail Corridor.
Intro
ORDINANCE NO. 4807, December 1, 2015
INTRODUCED BY Dan Tarwater III, Crystal Williams, Frank White, Jr., Tony Miller,
Scott Burnett, Alfred Jordan, Dennis Waits, Greg Grounds, and
Theresa Galvin, County Legislators
Body
WHEREAS, the County Administration has been in discussions with Union Pacific Railroad Company to acquire a portion of Union Pacific right-of-way located in Jackson County known as the "Rock Island Rail Corridor," from MP 288.3 to MP 270.6; and,
WHEREAS, Union Pacific and the County executed a Memorandum of Understanding on November 12, 2013, for Union Pacific to sell and for the County to purchase the specified portion of the Rock Island Rail Corridor; and,
WHEREAS, the Kansas City Area Transportation Authority has approved a Cooperative Agreement with Jackson County providing that the Kansas City Area Transportation Authority will pay for 50% of the purchase price for the Rock Island Rail Corridor; and,
WHEREAS, the establishment of the Office of the Rock Island Rail Corridor Authority will allow the County to manage and maintain the Rock Island Rail Corridor; and,
WHEREAS, the Office of the Rock Island Rail Corridor Authority has immediate expenditures anticipated to total approximately $1,400,000.00, related to the acquisition of the Rock Island Rail Corridor that include but are not limited to:
1. $250,000.00 escrow payment due upon execution of the Line Sale Agreement between Jackson County and Union Pa...
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