In the matter of a Memorandum of Understanding between Sky Lakes Medical Center, Inc, the City of Klamath Falls and Klamath County. Jeremy Morris, Public Works
Background: Construction of a new Health Center by Sky Lakes has triggered the need for traffic mitigation at the intersection of Campus Drive and Daggett Avenue. The parties would like to construct a roundabout at this intersection. Anticipated costs are approximately $2,700,000.00, with Sky Lakes contributing $700,000 and the City of Klamath Falls $2,000,000.00. In the event the project exceeds the $2,700,000.00, Klamath County will cover additional expenses up to a maximum of $240,000.00.
Fiscal Impact: Expense not to exceed $240,000.00 to the Road Department Operating Budget.
Recommended Motion: Board to approve the Memorandum of Understanding between Sky Lakes Medical Center, Inc, the City of Klamath Falls and Klamath County and authorize Chair to sign. Fiscal Impact not to exceed $240,000.00 expense to the Road Department Operating Budget.