SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with SW 38th/40th Street - Phase A Road Improvement Project for Parcel Number 23866-001-00 (Budget Impact - Neutral; expenditure of $656,335)
Body
INITIATOR: DEPARTMENT:
Steven Cohoon, P.E., County Engineer Office of the County Engineer
DESCRIPTION/BACKGROUND:
This is a request for approval of a proposed Purchase Agreement in the amount of $656,334.73 for a future water retention area associated with SW 38th/40th Street - Phase A project (from SW 80th Avenue to SW 60th Avenue) on Parcel Number 23866-001-00. This is a vacant tract of land that is approximately 4.56 acres. The negotiated agreement is inclusive of any and all cost associated with this transaction.
BUDGET/IMPACT:
Neutral; expenditure of $656,334.73 plus closing costs (STC073891-TIP075110-561301 ROADS-EXPANS ROW-772)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chairman and Clerk to execute the same.
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