TITLE
Community Development Agency, Transportation Division, recommending the Board consider the following pertaining to the Diamond Springs Parkway Phase1A - SR49 Realignment Project, CIP No. 72375:
1) Approve and authorize the Chair to sign the Acquisition Agreement for Public Purposes and the Certificate of Acceptance for the related documents from JKC, 3H8, LP, a Nevada Limited Partnership for Assessor’s Parcel Number 051-250-13-100;
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: Master Circulation & Funding Plan , 2004 GP Traffic Impact Mitigation Fee Program, Traffic Impact Mitigation Fee Program and Local Tribe Funds. (No Federal Funds)
BODY
DEPARTMENT RECOMMENDATION
Negotiations concluded with property owner JKC, 3H8, LP, a Nevada Limited Partnership, by signatory authority of John A. Kamps, General Partner, securing the County’s interest in the seventh of twenty eight 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 Acquisition Agreement for Public Purposes for the Diamond Springs Parkway Phase 1A Project (Project). The acquisition In-Fee is necessary for construction of the Project.
DISCUSSION / BACKGROUND
Transportation is currently in the design phase of the Project. Originally referred to as the “Missouri Flat Pleasant Valley Connector”, this Project will provide improved traffic circulation and safety through and around the historic town of Diamond Springs. Phase 1A is t...
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