SUBJECT:
title
Approval of a resolution authorizing the President & CEO, or her designee, to finalize and execute a Master License Agreement with Pedernales Electric Cooperative, Inc. (PEC) to establish the terms under which CapMetro will approve licenses for PEC to cross CapMetro's railroad right-of-way.
end
FISCAL IMPACT:
This action reimburses Capital Metro for expenses incurred.
STRATEGIC PLAN:
Strategic Goal Alignment:
? 1. Customer ? 2. Community
? 3. Workforce ? 4. Organizational Effectiveness
Strategic Objectives:
? 1.1 Safe & Reliable Service ?1.2 High Quality Customer Experience ? 1.3 Accessible System
? 2.1 Support Sustainable Regional Growth ? 2.2 Become a Carbon Neutral Agency
? 2.3 Responsive to Community and Customer Needs ? 2.4 Regional Leader in Transit Planning
? 3.1 Diversity of Staff ? 3.2 Employer of Choice ? 3.3 Expand Highly Skilled Workforce
? 4.1 Fiscally Responsible and Transparent ? 4.2 Culture of Safety ? 4.3 State of Good Repair
EXPLANATION OF STRATEGIC ALIGNMENT: The Master License Agreement will establish a cooperative relationship with PEC, a key provider of electrical service in our community, to support sustainable regional growth and provide CapMetro with critical information to benefit its operations.
BUSINESS CASE: CapMetro has granted PEC licenses to cross rail right-of-way on terms similar to this agreement in the past, and the Master License Agreement will solidify these terms and establish a cooperative relationship under which CapMetro will benefit by obtaining important information and expertise from PEC.
COMMITTEE RECOMMENDATION: This item was presented and recommended for approval at the Operations, Planning and Safety Committee meeting on December 9, 2024.
EXECUTIVE SUMMARY: The Master License Agreement establishes the terms under which CapMetro will approve licenses for PEC to cross the Gid...
Click here for full text