Title
Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Easement Acquisition Agreement for Public Purposes with El Dorado Hills Community Services District, for Assessor's Parcel Number 124-010-12;
2) Approve and 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) Approve and authorize the Community Development Agency Director, or designee, to extend the date of closure of escrow upon mutual agreement of both parties, for the Francisco Drive Right-Turn Pocket Project, CIP No. 71358. (Cont. 5/20/14, Item 24)
FUNDING: RSTP Exchange Funds-Caltrans and RSTP Federal Funds-Urban (Federal Funds).
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BUDGET SUMMARY:
Total Estimated Cost…………… $1.00
Budget - Current FY…………… $1.00
Budget - Future FY………………
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available…………
Change To Net County Cost…… $1.00
Fiscal Impact/Change to Net County Cost
Purchasing the easement will cost the County $1.00.
Background
The Francisco Drive Right-Turn Pocket Project (Project) is located in El Dorado Hills at the intersection of Francisco Drive and El Dorado Hills Boulevard. This intersection experiences high volumes of commuter traffic as Francisco Drive is used as a go-between from Green Valley Road to El Dorado Hills Boulevard. The pocket turn lane will help to ease the flow of traffic onto El Dorado Hills Boulevard from Francisco Drive.
The parcel located at the south-west corner of that intersection is known as Wild Oaks Park and is owned by the El Dorado Hills Community Services District. In order to construct the right-turn pocket lane and connect the multi-use trail running from Francisco Drive to El Dorado Hills Boulevard south (which is part of the Project), ...
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