Title
State Infrastructure Bank (SIB) Loan Agreement between Florida Department of Transportation (FDOT) and the Regional Transit System (RTS) (B)
This item is a request to authorize the City Manager or his designee to execute a State Infrastructure Bank (SIB) loan agreement and contract to purchase land for the Regional Transit System (RTS) Maintenance, Operations and Administration Facility.
Explanation
Phase I of the Regional Transit System (RTS) Maintenance, Operations and Administration Facility project is currently in process, located at 34 SE 13th Road, Gainesville, Florida, 32601. Funding for Phase I of the facility has been acquired. Phase I consists of an Administration and Operations building, a 17-bay bus garage with offices, parking for 143 buses, a fuel/service building with three (3) fuel/probe lanes, fuel storage tanks, and a bus wash.
RTS desires to execute a SIB loan agreement in the amount of $3,800,000 for Phase II (final phase), which includes acquisition of property for additional bus parking (tax parcels 15702-004-000 and 15702-006-000, total ±3.1 acres). These two (2) parcels are contiguous to the existing RTS site and can be acquired as early as July 2013. This phase will also include site work and construction of a bus parking lot including demolishing existing structures, fencing, security equipment and landscape. Tax parcel 15702-004-000 is improved with a metal warehouse building and office buildings that are owned by the original developer.
This new facility will provide RTS with enough space to maintain the existing fleet and accommodate future expansion of service. This project will allow RTS to relocate all vehicle maintenance and operations functions from the current site located at 100 SE 10th Avenue. Re-use of the existing RTS site could include a complete facility for paratransit services.
The Metropolitan Transportation Planning Organization (MTPO) adopted a resolution on December 3, 2012 authorizing RTS to use Surface...
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