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Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Grant Deed granting the parcels acquired by the County for the Missouri Flat at Highway 50 Interchange Project CIP, No. 71336 to the California Department of Transportation;
2) Authorize the Community Development Agency Director, or designee, to execute the escrow instructions and any other related escrow documents and or any other documents pertaining to the transaction, including payment of title and escrow fees; and
3) Authorize the Community Development Agency Director, or designee, to extend the date of closure of escrow upon mutual agreement of both parties if necessary.
FUNDING: The Missouri Flat Interchange project was funded by various funds including Federal Funds.
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DEPARTMENT RECOMMENDATION
The County of El Dorado (County) is responsible for transferring the parcels acquired for the above-listed project as listed in the Cooperative Agreement. Granting these parcels to the state releases the County of both the liability and maintenance of these parcels.
DISCUSSION/BACKGROUND
The Community Development Agency, Transportation Division (Transportation) completed construction of the Missouri Flat at Highway 50 Interchange Project, CIP No. 71336 (Project) in 2013. As part of the Project, the County entered into Cooperative Agreement No. 03-0194 (Resolution No. 004-2002) with the California Department of Transportation (Caltrans).
The County acquired portions of 15 parcels for the Project. The Cooperative Agreement requires that upon completion of the Project, the parcels that were acquired for the Project that are within Caltrans highway right-of-way be transferred to Caltrans. Transportation has worked closely with Caltrans on the Grant Deed and right-of-way maps. Transportation has also cleared the title reports of any encumbrances to the parcels according to the Agreement.
ALTERNATIV...
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