SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 80th Street Road Improvement Project for Parcel 3545-001-001 (Budget Impact - Neutral; expenditure of $230,000)
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 $230,000 plus closing costs for parcel 3545-001-001 associated with the SW 80th Street (SW 80th Avenue to SW Hwy 200) Road Improvement Project. This is an improved lot consisting of .23 acres. The 936 square foot single family residence, constructed in 1972, consists of two (2) bedrooms, two (2) bathrooms and a 312 square foot 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 $230,000 plus closing cost (TIP077586 - TIP ROADS - EXPANS ROW - 762T - BO762541 - 561301).
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and Addendum and authorize the Chairman and Clerk to execute the same.
end