SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue North Road Improvement Project for Parcels 35695-038-02, 35695-038-04 and 35695-038-05 (Budget Impact- Neutral; expenditure $904,997)
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 $907,997 plus closing costs for parcels 35695-038-02, 35695-038-04 and 35695-038-05 associated with the SW 49th Avenue North Road Improvement Project (Marion Oaks Trail to SW 95th Street). These are unimproved parcels totaling approximately 9.30 Acres.
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 $904,997 plus closing costs (Fund TIP77250B- TIPROADS- EXPANSROW- 772-GB772541-561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chairman and Clerk to execute the same.
end