SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW/NW 80th/70th Avenue Segment 3 Road Project for a Portion of Parcel 21068-001-00 (Budget Impact- Neutral; expenditure of $374,300)
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 $374,300.00 plus closing costs for a portion of parcel 21068-001-00 associated with the SW/NW 80th/70th Avenue Segment 3 Road Project (from +/- 900 feet north of SR 40 to +/- 600 feet south of US Hwy 27) This is a Fee Simple taking of approximately 0.912 acres.
The negotiated agreement is inclusive of any and all costs associated with this transaction. There are cost savings in this negotiation by avoiding additional costs that occur during condemnation proceedings.
BUDGET/IMPACT:
Neutral; expenditure of $374,300 plus closing costs (Fund STC073812-CIPTRANSP-EXPANSROW-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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