Peninsula Corridor Electrification Project Real Estate Process - PDF document

Jan 21, 2024 •212 likes •265 views

Peninsula Corridor Electrification Project Real Estate Process LPMG June 25, 2015 Real Estate Need Project Need - Traction Power Facilities - Overhead Contact System Poles - Electric Safety Zone Identified in FEIR Approach -

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Scope • Most project improvements within right of way (ROW) • Limited land needed outside of ROW - Narrow strips for poles and ESZ - 2 TPF outside of rail right of way 3 Scope continued Number of San San Santa Parcels Francisco Mateo Clara Total County County County PCEP ROW Needs (Fee and 5 102 56 163 Easement) Note: Based on FEIR 4 2
Process • Friendly - Contact property owners - Appraisal and negotiate - Written offer - Closing • Eminent Domain (only if needed) - Additional time - Use cooperative agreement with VTA, SamTrans and City and County of San Francisco • Complete acquisition by fall 2017 5 Next Steps • May to Summer - Contact property owners - Begin appraisal process • JPB Items to Come (Summer) - Delegation of Authority - Cooperative Agreements with VTA, SamTrans, and City and County of San Francisco - Secure real estate services contract 6 3
Questions 7 4

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