Title
Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve the amendments to extend the date of escrow closing for the following acquisitions:
a) Amendment 1 to the Acquisition Agreement for Public Purposes for Jesus Lemus and Maria Gonzalez, APN 325-110-35 for the Green Valley Road at Weber Creek - Bridge Replacement Project, CIP No. 77114.
b) Amendment 1 to the Acquisition Agreement for Public Purposes for Anthony Hall and Joanne Davis, APN 325-110-23 for the Green Valley Road at Weber Creek Bridge - Replacement Project, CIP No. 77114.
c) Amendment 1 to the Easement Acquisition Agreement for Public Purposes for Patricia Harrington and Michael Quigley, APNs 329-280-09 and 329-280-16 for the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization Project, CIP No. 73320.
d) Amendment 1 to the Optionee Consent to Sale of Easements for Henry R. Butler, APNs 329-280-09 and 329-280-16 for the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization Project, CIP No. 73320; and
2) Authorize the Acting Community Development Agency Director, or designee, to further extend the date of closure of escrow upon mutual agreement of both parties, for any property acquisitions for the Green Valley Road at Weber Creek - Bridge Replacement Project, CIP No. 77114 and the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization Project, CIP No. 73320.
FUNDING: Highway Bridge Program, Regional Surface Transportation Program Rural Exchange Funds, Regional Surface Transportation Program Caltrans Exchange Funds, Traffic Impact Mitigation Fees, SHOPP Funds, State Transportation Impact Mitigation Fee, State-Local Partnership Program (Federal Funds).
Body
Fiscal Impact/Change to Net County Cost
There is no fiscal impact to the County from this action.
Background
The Board of Supervisors (Board) previously executed the Acquisition Agreement for Public Purposes between the County of El Dorado and:
a) Jesus Lemus and Maria Gonzalez on May 21, 2013, APN 325-110-35. This agreement had an escrow closure date of September 30, 2013. Jesus Lemus and Maria Gonzalez executed Amendment 1 to the Acquisition Agreement for Public Purposes to extend the date of escrow closure to March 31, 2014 on September 27, 2013.
b) Anthony Hall and Joanne Davis on June 18, 2013, APN 325-110-23. This agreement had an escrow closure date of August 31, 2013. Anthony Hall and Joanne Davis executed Amendment 1 to the Acquisition Agreement for Public Purposes to extend the date of escrow closure to March 31, 2014 on October 31, 2013.
c) Patricia Harrington and Michael Quigley on May 21, 2013, APNs 329-280-09 and 329-280-16. This agreement had an escrow closure date of August 30, 2013. Patricia Harrington and Michael Quigley executed Amendment 1 to the Easement Acquisition Agreement for Public Purposes to extend the date of escrow closure to March 31, 2014 on October 30, 2013.
d) The Board also previously executed the Optionee Consent to Sale of Easements between the County of El Dorado and Henry R. Butler on May 21, 2013, APNs 329-280-09 and 329-280-16. This agreement had an escrow closure date of August 30, 2013. Henry R. Butler executed Amendment 1 to the Optionee Consent to Sale of Easements to extend the date of escrow closure to March 31, 2014 on October 31, 2013.
The Community Development Agency, Transportation Division along with the title company, has been working to close these escrows and additional time is needed to complete the escrow process.
Reason for Recommendation
It is necessary to extend the date of closure of escrow from what was originally approved in the Acquisition Agreement to allow more time for County to complete the transaction.
Contact
Bard R. Lower, Transportation Division Director
Community Development Agency
Concurrences
County Counsel