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Community Development Agency, Transportation Division, recommending the Board consider the following pertaining to the Diamond Springs Parkway Phase 1A - SR-49 Realignment Project, CIP No. 72375:
1) Approve and authorize the Chair to sign the Acquisition Agreement in the amount of $2,450 for Public Purposes and the Certificate of Acceptance for the related documents from Randy Green, a Married Man as to an Undivided 1/6 Interest; Ginger Lich, a Married Woman as to an Undivided 1/6 Interest and Neil Winstead, as Successor Trustee of the Gloria L. Winstead Revocable Trust, 5/27/1999 as to an Undivided 2/3 Interest for Assessor’s Parcel Number 054-342-36;
2) Authorize the Community Development Agency 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; 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: Master Circulation & Funding Plan Financing (7.4%), 2004 GP Traffic Impact Mitigation Fee Program (2.8%), West Slope Traffic Impact Mitigation Fee Program (40%), Local Tribe Funds (28.4%) and Utilities (21%) for a total amount of $4,950. (No Federal Funds)
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DEPARTMENT RECOMMENDATION
Negotiations concluded with property owners, Randy Green, Ginger Lich and Neil Winstead, Successor Trustee, securing the County’s interest in the sixteenth of twenty-eight project acquisition parcels, and a settlement has been reached that is representative of the appraised value rounded to a compensatory value of the necessary land rights.
The Community Development Agency, Transportation Division (Transportation) recommends that the Board Chair sign the Acquisition Agreement for Public Purposes for the Diamond Springs Parkway - Phase 1A - SR-49 Realignment Project (Project). The partial In-Fee parcel is necessary for construction of r...
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