SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue North Road Improvement Project for Parcel 3578-001-003 (Budget Impact - Neutral; expenditure of $478,900 as approved in the in FY 2024-25 budget)
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 $478,900 plus closing cost for parcel 3578-001-003 associated with the SW 49th Avenue North (Marion Oaks Trail to SW 95th Street) Road Improvement Project. This is an improved lot of approximately .46 acres. The 2,259 square foot single family residence, constructed in 2003, consists of four (4) bedrooms, two (2) bathrooms, and a 400 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 $478,900 plus closing cost (Fund 3031-Cost Center 738 - STC073814 - VJ738541 - 561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chair and Clerk to execute the same.
end