SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue North Road Improvement Project for Parcel 3579-003-225 (Budget Impact - Neutral; expenditure of $360,000)
Body
INITIATOR: |
DEPARTMENT: |
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 $360,000 plus closing costs for parcel 3579-003-225 associated with the SW 49th Avenue North Road Improvement Project (Marion Oaks Trail to SW 95th Street). This is an improved lot consisting of .66 acres. The 1,613 square foot single family residence, constructed in 2005, consists of three (3) bedrooms, two (2) bathrooms, 220 square foot screened room and 483 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 $360,000 plus closing cost (STC073814 - TRANSP ROADS EXPAN 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