Title
Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Authorize the Chair to sign the Acquisition Agreement for Public Purposes and the Certificates of Acceptance for the related documents from Stephen C. Marianos, Trustee of the Stephen C. Marianos Revocable Trust, for Assessor’s Parcel Number 325-110-34;
2) Authorize the Acting 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 Acting Community Development Agency Director or designee to extend the date of closure of escrow upon mutual agreement of both parties, for the Green Valley Road at Weber Creek - Bridge Replacement Project, CIP No. 77114.
FUNDING: Highway Bridge Program (Federal Funds), Regional Surface Transportation Program Rural Exchange Funds (Federal Funds), Regional Surface Transportation Program Caltrans Exchange Funds (Federal Funds), Traffic Impact Mitigation Fees (No Federal Funds).
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BUDGET SUMMARY:
Total Estimated Cost…………… $12,300
Budgeted………………………… $12,300
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $12,300
Change To Net County Cost…… $0
Fiscal Impact/Change to Net County Cost
Acquisition costs are $9,800.00 with title and escrow costs estimated at $2,500 for a total estimated cost of $12,300.00. Funding for the acquisition process will be provided by a combination of the Highway Bridge Program, Regional Surface Transportation Program Rural Exchange Funds, Regional Surface Transportation Program Caltrans Exchange Funds, and Traffic Impact Mitigation Fees.
Background
The Green Valley Road at Weber Creek Bridge Replacement Project (Project) includes the replacement of the bridge at Weber Creek, widening and realignment of Green Valley Road at the bridge approaches, and improvements to the drainage al...
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