SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue North Road Improvement Project for Parcel 3579-002-033 (Budget Impact - Neutral; expenditure of $440,000)
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 in the amount of $440,000 plus closing costs for parcel 3579-002-033 associated with the SW 49th Avenue North (Marion Oaks Trail to SW 95th Street) Road Improvement Project. This is an improved lot of approximately .63 acres. The 2,056 square foot single family residence, constructed in 2021, consists of three (3) bedrooms, two (2) bathrooms, and a 456 square foot two (2) car garage.
The negotiated agreement is inclusive of any and all cost associated with this transaction. There are cost savings recognized in this negotiation by avoiding additional costs that occur during condemnation proceedings.
BUDGET/IMPACT:
Neutral; Expenditure of $440,000 plus closing costs (Fund STC073814-CIP TRANS EXPANS ROW- 738 (VJ738541-561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chairman and Clerk to execute the same.
end