Title
Community Development Agency, Transportation Division, recommending the Board consider authorizing the Transportation Division to proceed with ordering and payment of the title report to aid in the acquisition process for right of way for the Silver Springs Parkway Project, CIP #76108, affecting portions of APN# 115-400-02.
FUNDING: This Project is funded by 2004 GP Traffic Impact Mitigation (TIM) Fees, Developer Advance TIM Fees, Developer Funded, and TIM Fee-West Slope. (No Federal Funds)
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BUDGET SUMMARY:
Total Estimated Cost…………… $550.00
Budget - Current FY…………… $550.00
Budget - Future FY………………
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $550.00
Change To Net County Cost…… $0
Fiscal Impact/Change to Net County Cost
The cost of the title report is $550.00. Funding for Right of Way acquisition is budgeted in the Capital Improvement Program and will be provided by a combination of 2004 GP TIM, Developer Advance TIM, Developer Funded, and TIM Fee- West Slope. There is no fiscal impact or change to Net County Cost associated with this item as funds in the Fiscal Year 2014-15 budget will be utilized. This project is not funded by the General Fund.
Background
The Northern portion of the Silver Springs Parkway Project was constructed in 2013. The Southern portion (to be built) will connect the existing Parkway to Bass Lake Road and the completed Parkway will provide a connector road between Bass Lake Road and Green Valley Road. The Silver Springs Parkway will be a two-lane divided roadway with shoulders.
Reason for Recommendation
The County will need a temporary construction easement and or permanent right-of-way from the parcel listed above. In order for the Transportation Division (Transportation) to determine what will be needed, easement and or right-of-way, and to research title records, Transportation is requesting authorization from the Board to proceed with the acquisitio...
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