Title
Transportation Department recommending the Board:
1) Approve the Roadway Construction Easement Agreement and Exhibits "A" through "I" attached thereto, for Assessor's Parcel Numbers (APN) 327-130-35, owned by Real Estate Holdings, II, LLC, A Delaware Limited Liability Company; APN 327-130-54, 55, 56, 60, 62, 77 and 78, owned by DS Placerville, LLC, a California Limited Liability Company and Donahue Schriber Asset Management Coporation, a Delaware Corporation; and APN 327-130-76, owned by Safeway Inc., a Delaware corporation.
2) Approve the Temporary Construction Easements (TCE) with a) Safeway Inc., A Delaware Corporation, b) DS Placerville, LLC, a California Limited Liability Company and Donahue Schriber Asset Management Corporation, a Delaware Corporation, and c) Safeway Inc., A Delaware Corporation, together with DS Placerville, a California Limited Liability Company and Donahue Schriber Asset Management Corporation, a Delaware Corporation.
3) Authorize the Chairman to sign the Roadway Construction Easement Agreement with Exhibits "A" through "I" attached thereto, and the Certificates of Acceptance for the Temporary Construction Easements, referenced above.
4) Authorize the Director of Transportation or designee to execute Escrow Instructions and any other related escrow documents pertaining to these transactions, including the payment of title and escrow fees.
RECOMMENDED ACTION: Approve.
FUNDING: 2004 General Plan Traffic Impact Mitigation Fee Program (TIM) funds.
Body
BUDGET SUMMARY:
Total Estimated Cost $30,000
Funding
Budgeted $30,000
New Funding $
Savings $
Other $
Total Funding Available $30,000
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost:
The Phase 1A project is funded with 2004 General Plan Traffic Impact Mitigation Fee Program (TIM) funds and sufficient funds are in the project budget for the subject acquisitions, including acquisition cos...
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