Title
Department of Transportation recommending the Board consider the following for acquiring right of way for the Diamond Springs Parkway Phase 1B Project, CIP 72334/36105011 (Project):
1) Approve and authorize the Chair to sign the Acquisition Agreement for Public Purposes and the Certificates of Acceptance accepting a Grant Deed, Slope and Drainage Easement, Public Utility Easement, and Temporary Construction Easement with AmeriGas Propane, L.P., a Delaware limited partnership, who acquired title as, Cornerstone Propane Operating LLC, a Delaware limited liability company successor by merger to Cornerstone Propane, L.P. a Delaware limited partnership (Seller), for Assessor’s Parcel Number 051-250-023. The Fee and Easement acquisitions provide right-of-way necessary to construct the Project, at a cost of $39,500;
2) Approve and authorize the Chair to sign the Certificates of Acceptance accepting the Easements from Seller;
3) Authorize the Department of Transportation Director, or designee, to execute the escrow instructions and any other related escrow documents pertaining to the transaction, including payment of title and escrow fees, which are estimated to be $2,500; and
4) Authorize the Department of Transportation Director, or designee, to extend the date of closure of escrow upon mutual agreement of both parties, if necessary.
FUNDING: Missouri Flat Area Master Circulation and Financing Plan Funds (MC&FP).
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DISCUSSION/BACKGROUND
The two-phase Diamond Springs Parkway Project (Project) was approved as part of the Master Circulation and Financing Plan in December of 1998 and will provide improved traffic circulation and safety through and around the historic town of Diamond Springs. Phase 1A, currently under construction, was the first of two phases necessary to complete the entire Project.
Phase 1B will include: constructing a new connector road from Missouri Flat Road to SR 49, signalization of three new intersections, necessary changes to turn l...
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