SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue North Road Improvement Project for Parcel 3578-014-040 (Budget Impact - Neutral; expenditure of $365,000 as approved in the FY 2023-24 budget)
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 $365,000 plus closing costs for parcel 3578-014-040 associated with the SW 49th Avenue North Road Improvement Project (Marion Oaks Trail to SW 95th Street). This is an improved lot of approximately 0.67 acres. The 1,820 square foot single family residence, constructed in 2005, consists of four (4) bedrooms and two (2) bathrooms.
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 $365,000 plus closing cost (STC073814 - VJ38541 - 561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chair and Clerk to execute the same.
end