SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the NW 49th Street Phase 3 Road Improvement Project for a Portion of Parcel 1304-056-004 (Budget Impact - Neutral; expenditure of $71,000)
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 $71,000 plus closing costs for a portion of parcel 1304-056-004 associated with the NW 49th Street Phase 3 Road Improvement Project (NW Hwy 225A to NW 44th Avenue). This is a 0.026-acre right-of-way taking of a 0.69-acre lot.
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 $71,000 plus closing costs (Fund STC073811- CIPTRANSP- NEWINF ROW- 738- VJ38541-561301).
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chairman and Clerk to execute the same.
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