CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Denis Cederburg, Director of Public Works |
Recommendation:
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Approve and authorize the Chair to sign an amended revocable license and maintenance agreement between Clark County and TBC - The Boring Company (Steven Davis, President) modifying its alignment and right-of-way locations in Las Vegas Boulevard, south of Elvis Presley Boulevard, for the construction, maintenance and operation of a point-to-point underground tunnel transit system. (For possible action)
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FISCAL IMPACT:
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BACKGROUND:
On February 2, 2021, the Board of County Commissioners approved a revocable license and maintenance agreement with TBC - The Boring Company ("TBC") for construction, maintenance and operation of a point-to-point underground transit system between the Las Vegas Convention Center ("LVCC") and the Resorts World. The transit system, as amended, will consist of two above-ground entrance/exit structures (one at LVCC and one at Resorts World), an egress stair shaft approximately 20 feet in diameter, and an underground tunnel of approximately 13.5 feet in diameter, 1,201 feet of which will be located within specific locations of Clark County right-of-way in Las Vegas Boulevard, south of Elvis Presley Boulevard, at a depth of not less than 15 feet below the finished surface of the road.
The attached amended revocable license and maintenance agreement includes an alignment alteration and revised plans, including modified right-of-way locations. As outlined in the aforementioned original revocable license and maintenance agreement, TBC remains, with the amended revocable license and maintenance agreement, accountable to all of the terms and conditions relating to the use of the County right-of-way and operation of the transit system, including indemnification and liability related obligations.
Upon termination of the revocable license and maintenance agreement or abandonment of the system by TBC, the improvements must be secured pursuant to a decommissioning plan.
TBC - The Boring Company currently holds a Clark County Business License.
The District Attorney's Office has reviewed and approved the amended agreement as to form.