NORTH COAST RAILROAD AUTHORITY (NCRA)

PROPERTY COMMITTEE MEETING

Conference Call

Various Locations

May 8, 2006 ~ 9:00 am

Approved May 10, 2006 Minutes

Call-in Location: NCRA ~ 419 Talmage Road, Suite M, Ukiah

A. CALL TO ORDER

The meeting was called to order at 9:00 a.m.

B. ROLL CALL

Directors Present: Director Simonson, Director Wagenet, Director Kelley

Also Present: Executive Director Mitch Stogner, Legal Counsel Christopher Neary and Recording Secretary Heather Newell.

C. AGENDA APPROVAL

The agenda was approved unanimously as submitted.

D. PUBLIC COMMENTS

There were no public Comments

F. CONDUCT OF BUSINESS

1. Approval of City of Ukiah Long Term Easement Agreement Perkins Street Signal

Mitch Stogner updated the committee on the proposal by City of Ukiah to install two traffic signals at Perkins Street and Hospital Drive in Ukiah. Motion to approve the long term easement agreement with a one time consideration of $2,500.00 and $1.00 per year in perpetuity and negotiators have the flexibility to adjust the one time fee as needed made by Director Wagenet seconded by Director Kelley, and carried unanimously (3-0).

2. Approval of MOU – City of Ukiah/NCRA – Ukiah Depot Property

Mitch Stogner updated the Board on the proposed MOU between the City of Ukiah/MTA and NCRA for development of the Ukiah Depot property. Motion to approve the MOU made by Director Wagenet seconded by Director Wagenet, carried unanimously (3-0).

G. STAFF REPORT

1. Dave Anderson

a.) DANCO Update

b.) Security National Update

Mr. Anderson updated the Committee on two proposed developments in Humboldt County.

H. ADJOURNMENT

The meeting was adjourned at 10:00 a.m.