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Community Development Agency, Transportation Division, recommending the Board consider the following for the Cold Springs Road Realignment Project, CIP No. 73360:
1) Approve and authorize the Chair to sign the Easement Acquisition Agreement for Public Purposes and the Certificates of Acceptance for the related documents from Calvin R. Overton and Tami L. Overton, as Trustees of the Overton Family Trust, 1/28/2007 for Assessor’s Parcel Number 321-230-08;
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 if necessary.
FUNDING: Highway Safety Improvement Program Funds and Regional Surface Transportation Program Exchange Funds - Caltrans. (Federal Funds)
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DEPARTMENT RECOMMENDATION
Negotiations concluded with property owners Calvin R. Overton and Tami L. Overton, as Trustees of the Overton Family Trust, 1/28/2007, securing the County’s interest in the tenth of eleven project acquisition parcels, and a settlement has been reached that is representative of the appraised value rounded to a compensatory value of the necessary land rights.
The Community Development Agency, Transportation Division (Transportation) recommends that the Board Chair sign the Easement Acquisition Agreement for Public Purposes for the Cold Springs Road Realignment Project (Project). The Easements are necessary for construction of the Project.
DISCUSSION / BACKGROUND:
Transportation is currently in the design phase of the Project to realign the curve radius, increase pavement width and shoulders, adjust roadway elevation and improve drainage along a higher-risk segment of Cold Springs Road between Mount Shasta Lane and Fox Print Court in Placerville.
The Project is s...
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