Title
Transportation Department recommending Chairman be authorized to sign Acquisition Agreement for Public Purposes with Michael F. Wix and Eugenia B. Wix and Certificates of Acceptance for same for the U.S. Highway 50/Missouri Flat Road Interchange Project 71317; and Director of said Department or designee be authorized to execute escrow instructions and any other related escrow documents pertaining to said transaction, including the payment of title and escrow fees.
RECOMMENDED ACTION: Approve.
FUNDING: General Plan Traffic Impact Mitigation Fees, Regional Improvement Program Funds, and Master Circulation and Funding Plan program.
Body
BUDGET SUMMARY:
Total Estimated Cost $37,500.00
Funding
Budgeted $37,500.00
New Funding $
Savings $
Other $
Total Funding Available $37,500.00
Change To Net County Cost $0.00
Fiscal Impact/Change to Net County Cost: None
There is no net County cost associated with this agenda item. The subject property acquisition costs of $35,000 plus title and escrow fees of approximately $2,500 equals a total of $37,500.
Background:
The U.S. Hwy. 50/Missouri Flat Road Interchange Project #71317 requires that a portion of the subject property be acquired for right of way purposes including a temporary construction easement, in order to accommodate a minor realignment of Perks Court. The property consists of a single family residence and is located at 6854 Perks Court, Placerville.
On July 18, 2006, your Board authorized DOT’s Right of Way Unit to engage in negotiations to acquire a portion of the subject property. Negotiations with Mr. and Mrs. Wix continued for several months, and settlement has now been reached.
Reason for Recommendation:
The acquisition of a portion of the subject parcel and temporary land rights are necessary from the subject property owners in order to enable the construction of the project. The acquisition involves a port...
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