SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th/40th Avenue Phase 1 Road Project for a Portion of Parcel 2390-018-000 (Budget Impact - Neutral)
Body
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INITIATOR: |
DEPARTMENT: |
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Steven Cohoon, P.E., County Engineer |
Office of The County Engineer |
DESCRIPTION/BACKGROUND:
This is a request to approve a Purchase Agreement for a 0.35-acre Temporary Construction Easement and 0.18 acres of Right-of-Way from Parcel 2390-018-000 associated with the SW 49th/40th Avenue Phase 1 Road Project (from SW 66th Street to SW 43rd Street).
The Purchase Agreement is a zero-dollar transaction, as the consideration for the acquisition is provided through roadway improvements being constructed as part of the project, including the construction of a turn lane that directly benefits the remaining property. As such, no monetary compensation is required.
The negotiated agreement is inclusive of all costs associated with the transaction and results in cost savings to the County by avoiding additional expenses typically associated with condemnation proceedings.
BUDGET/IMPACT:
Neutral (STC073804-CIP- TRANSP- NEWINF- ROW- VJ738541-561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chairman and Clerk to execute the same.
end