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Community Development Agency, Transportation Division, recommending the Board consider the following pertaining to the Diamond Springs Parkway Phase1A - SR-49 Realignment Project, CIP 72375:
1) Approve and authorize the Chair to sign the Easement Acquisition Agreement for Public Purposes and the Certificate of Acceptance for the related documents from Jane A. Hamilton, Surviving Trustee of the L&J Hamilton Family Trust, 5/10/1995, as to an undivided 1/4 interest; Shirley K. Lumsden, Surviving Trustee of the Lumsden Exemption Trust, 1/19/1995, as to an undivided 1/8 interest; Shirley C Richards, Surviving Trustee of the John and Shirley Richards Survivor's Trust, as to an undivided 1/8 interest; and James R. Morton for Philip D. Morton (DEC), as to an undivided 1/2 interest for Assessor’s Parcel Number 054-411-46;
2) Authorize the Community Development Agency Director, or designee, to execute the escrow instructions and any other related escrow documents pertaining to this transaction; 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: Funding for the project is provided by Traffic Impact Mitigation Fees (43%), Local Tribal Funds (28%), Utility Agencies (21%), Master Circulation & Funding Plan Financing (7%), and Road Fund (<1%). (No Federal Funds)
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DEPARTMENT RECOMMENDATION
Negotiations concluded with property owners, Jane A. Hamilton, Surviving Trustee of the L&J Hamilton Family Trust, 5/10/1995, as to an undivided 1/4 interest; Shirley K. Lumsden, Surviving Trustee of the Lumsden Exemption Trust, 1/19/1995, as to an undivided 1/8 interest; Shirley C Richards, Surviving Trustee of the John and Shirley Richards Survivor's Trust, as to an undivided 1/8 interest; and James R. Morton for Philip D. Morton (DEC), securing the County’s interest in the twentieth of twenty-eight project acquisition parcels, and a settlement has been r...
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