ORDINANCE No. 176834

*Amend agreement with Portland Streetcar, Inc. to provide final engineering and other professional services related to the Portland Streetcar RiverPlace Extension, Streetcar Phase 3 Project and Harrison Street Connector (Ordinance; amend Agreement No. 31428)

The City of Portland ordains:

Section 1.  The Council finds:

1.  On September 26, 2001, the City Council passed Ordinance No. 175962, which recognized that there was benefit in designing and constructing the Streetcar Phase 3 Project and the Harrison Streetcar Connector Project as a single project, the Portland Streetcar RiverPlace Extension (Project).

2.  Ordinance No. 175962 authorized Amendment No. 8 to Agreement No. 31428 between the City of Portland (City) and Portland Streetcar, Inc. (PSI) to provide preliminary design and engineering and other professional services related to the Project, which services have been completed.

3.  On May 29, 2002, the City Council adopted Resolution No. 36075, which adopted the design, finance plan and schedule for extending the Portland Streetcar from Portland State University to RiverPlace.

4.  Additionally, Resolution 36075 directed various actions for implementation, including actions to allow the Portland Development Commission (PDC) to structure interim financing on PDC’s remaining two real estate parcels at RiverPlace and to commit such financing proceeds to the Project.

5.  On August 14, 2002, PDC will consider a resolution authorizing the Executive Director to execute financing documents with the City of Portland and an Intergovernmental Agreement with PDOT for final engineering for the extension of Portland Streetcar to RiverPlace in an amount not exceed $640,750, said resolution supported by the North Macadam Urban Renewal Advisory Committee at their August 6, 2002 meeting.

6.  Further assistance from PDC for the Project will be subject to evidence of the feasibility of forming a Local Improvement District and of implementing other elements of the finance plan for the Project; total PDC funding will ultimately total $5,250,000 from the financing proceeds.

7.  Interagency Agreement No. 51819 (IGA) between PDC and the Portland Office of Transportation (PDOT) includes authorization for the final engineering of the Harrison Street Connector, in an amount not to exceed to exceed $250,000, said IGA to be amended in the future to provide for construction with a total PDC commitment of $3,100,000.

8.  Resolution No. 36075 also directed the Director of PDOT to negotiate a contract amendment with PSI related to implementation of the Project, said amendment for final engineering and other professional services for final engineering of the RiverPlace Extension (Streetcar Phase 3 Project and Harrison Street Connector) having been approved by the PSI Board of Directors at their August 6, 2002, meeting in an amount not to exceed $749,450 with notice to proceed contingent on approval of funding by the PDC

NOW, THEREFORE, the Council directs:

a.  The Commissioner of Public Utilities and the City Auditor are hereby authorized to enter into Amendment No. 9 to Agreement No. 31428 with Portland Streetcar, Inc., substantially in accordance with the Amendment attached to the original of this Ordinance, and by reference made a part hereof.

b.  The Mayor and the Auditor are hereby authorized to draw and deliver checks payable to Portland Streetcar, Inc., chargeable to the Transportation Operating Fund, AU 159, Object Code 210.

Section 2. The Council declares that an emergency exists because a delay in proceeding could have an adverse impact on the schedule and budget; therefore, this Ordinance shall be in full force and effect from and after its passage by the Council.

Passed by the Council, AUG 14 2002

GARY BLACKMER

Commissioner Jim Francesconi  AUDITOR OF THE CITY OF PORTLAND

Vicky L Diede::slg  BY /S/ SUSAN PARSONS

August 7, 2002                    

ORD-PSIAM9.doc                                              DEPUTY

BACKING SHEET INFORMATION

AGENDA NO. 1029-2002

ORDINANCE/RESOLUTION/COUNCIL DOCUMENT NO. 176834