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 23299-001-00 (Budget Impact- Neutral; expenditure of $62,500)
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 $62,500 plus closing costs for a portion of parcel 23299-001-00 associated with the SW/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 Fee Simple taking of approximately 0.015 acres and Perpetual Slope Easement taking of approximately 0.021 acres.
The negotiated Agreement is inclusive of all cost associated with this transaction, excluding closing costs. There are cost savings in this negotiation by avoiding additional costs that occur during condemnation proceedings.
BUDGET/IMPACT:
Neutral; expenditure of $62,500 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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