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INSURANCEAPPROVED

City of Chanhassen Staff Report Utility Crossing License Agreement for Market Blvd Project 2026-06-08

City Adds Insurance Coverage for Railroad Utility Licenses

~$11,700/year (insurance coverage)City of ChanhassenTWIN CITIES & WESTERN RAILROADJune 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The city will add pollution insurance coverage at an annual cost of approximately $11,700 to comply with railroad licensing for utility crossings on the Market Boulevard project.

Contract Details

Contract Amount

~$11,700/year (insurance coverage)

Vendor

TWIN CITIES & WESTERN RAILROAD

Agency

City of Chanhassen, MN

Contract Type

INSURANCE

Document Date

June 8, 2026

Contract Term

Annual (ongoing as needed for license)

Renewal Info

Insurance coverage must be maintained annually as required by the railroad license agreement; renews yearly until the license ends.

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