Title
Community Development Agency, Transportation Division, recommending the Board consider the following for the Cold Springs Road Realignment Project, CIP No. 73360:
1) Authorize the Chair to sign the Easement Acquisition Agreement for Public Purposes and the Certificates of Acceptance for the related documents from Linda E. Shoemake, also known as Linda Elaine Shoemake, a Married Woman, as her sole and separate property; Marilyn J. Gastaldi, also known as Marilyn Jean Gastaldi and Marilyn Gastaldi Henricks, a Married Woman, as her sole and separate property; Polly Ann Gastaldi, also known as Polly Gastaldi and Polly Gastaldi Therkildsen, a Married Woman, as her sole and separate property; and Sonia M. Gastaldi-Ward, also known as Sonia Ward and Sonia Marie Gastaldi and Sonia Marie Gastaldi-Ward, a Married Woman, as her sole and separate property, each as to an undivided 25% interest, for Assessor’s Parcel Number 089-060-01;
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.
FUNDING: Highway Safety Improvement Program Funds and Regional Surface Transportation Program Exchange Funds. (Federal Funds)
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BUDGET SUMMARY:
Total Estimated Cost…………… $ 3,500.00
Budget - Current FY…………… $ 3,500.00
Budget - Future FY………………
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $ 3,500.00
Change To Net County Cost…… $ 0.00
Fiscal Impact/Change to Net County Cost
Easement acquisition costs are $1,000.00 with title and escrow costs estimated at $2,500.00 for a total estimated cost of $3,500.00. Funding for the acquisition process will be provided by a combination of the Highway Safety Improvemen...
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