SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the NW 80th/70th Avenue Segment 3 Road Improvement Project for Portions of Parcel 2109-001-000 (Budget Impact - Neutral; expenditure of $467,000)
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 $467,000 plus closing costs for portions of parcel 2109-001-000 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 0.363-acre Right-Of-Way taking and a 0.003-acre Temporary Construction Easement taking of an improved parcel.
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 $467,000, 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.
end