SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the NW 80th/70th Avenue Segment 3 Road Improvement Project for a Portion of Parcel 23299-003-01 (Budget Impact - Neutral; expenditure of $203,065)
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 $203,065, plus closing costs for a portion of parcel 23299-003-01 associated with the NW 80th/70th Avenue Segment 3 Road Improvement Project (from +/- 900 feet North of SR 40 to +/- 600 feet South of US Hwy 27). This is a right-of-way taking of approximately 0.067 acres of an improved lot.
The negotiated agreement is inclusive of any and all costs 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 $203,065, plus closing costs (Fund STC073812- CIPTRANSP- EXPANS ROW- 738- VJ738541-561301).
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chairman and Clerk to execute the Purchase Agreement.
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