SUBJECT:
Title
Request Approval of a Purchase Agreement and Addendum Associated with the SW 49th Avenue North Phase Road Improvement Project for Parcel 3578-015-004 (Budget Impact - Neutral; expenditure of $363,520)
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 and Addendum in the amount of $363,520, plus closing costs for parcel 3578-015-004 associated with SW 49th Avenue North Phase Road Improvement Project (from Marion Oaks Trail to SW 95th Street). This is a full acquisition of approximately 0.44 acres of improved property. The Addendum provides for extended occupancy of six (6) months.
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 $363,520, plus closing costs (Fund STC073814-CIP TRANSP- EXPANS ROW-738- VJ38541-561301).
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chairman and Clerk to execute the Purchase Agreement and Addendum.
end