FACILITIESPENDING

Altus Municipal Authority Agenda Packet 2026-06-02

Waterline Railroad Crossing License with Farmrail

$5,500 one-time fee; $1,500 annual license fee; $1,250 one-time contract preparation feeCity of AltusFARMRAIL CORPORATIONJune 2, 2026

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Description

Altus Municipal Authority plans to enter a pipeline crossing license agreement with Farmrail Corporation to allow a potable waterline to cross Farmrail’s tracks near Altus as part of a DWSRF waterline project. The agreement includes a $5,500 application and review fee, a $1,500 annual license fee, and a $1,250 contract preparation fee, and runs year-to-year with a 30-day termination clause.

Contract Details

Contract Amount

$5,500 one-time fee; $1,500 annual license fee; $1,250 one-time contract preparation fee

Vendor

FARMRAIL CORPORATION

Agency

City of Altus, OK

Contract Type

FACILITIES

Document Date

June 2, 2026

Contract Term

Year-to-year beginning April 29, 2026, terminable on 30 days’ written notice

Renewal Info

Agreement is effective April 29, 2026 and continues from year to year until terminated by either party with 30 days’ written notice; the annual license fee is subject to periodic review and adjustment by Railroad.