SUBJECT:
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Approval of a resolution authorizing the President & CEO, or his designee, to finalize and execute an agreement regarding Lakeline Park and Ride Improvements (the "Agreement") with Sabot-Lakeline, LLC (Sabot), under which CapMetro will grant licenses to Sabot to improve, maintain and share use of the Lakeline Park and Ride driveway and install related amenities, with the construction of such improvements and amenities being at Sabot's sole cost and expense.
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FISCAL IMPACT:
This action has no fiscal impact.
STRATEGIC PLAN:
Strategic Goal Alignment:
? 1. Internal/External Customer Service Excellence ? 2. Stakeholder Engagement
? 3. Financial and Environmental Sustainability ? 4. Staff Development ? 5. Agency Growth Management
Strategic Objectives:
? 1.1 Safety & Risk ?1.2 Continuous improvement ? 1.3 Dynamic Change
?1.4 Culture of Innovation ?2.1 Be an Employer of Choice ?2.2 Organization Development
?2.3 Organization Culture ?3.1 Resource optimization ?3.2 Safety Culture
?3.3 Environmental Leadership ?4.1 Educate & Call to Action ?4.2 Build Partnerships
?4.3 Value of Transit ?4.4 Project Connect
EXPLANATION OF STRATEGIC ALIGNMENT: Under this Agreement, Sabot, which is developing the property adjacent to Lakeline Park and Ride, will improve the Lakeline Park and Ride driveway in a manner beneficial to operations. It is expected that ridership will increase by an improved facility that supports Sabot's mixed used development adjacent to the Park and Ride.
BUSINESS CASE: Under the Agreement, Sabot, the developer of a mixed use development located adjacent to the Lakeline Park and Ride, will improve the Park and Ride driveway and add amenities, at Sabot's sole expense. Sabot have certain maintenance obligations with respect to the improvements. These improvements...
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