Title
Transportation Department recommending Chairman be authorized to sign Certificate of Acceptance for Temporary Construction Easement from Kobra Properties for APN 327-130-53; and Director of said Department, or his designee, be authorized to execute escrow instructions and any other related documents pertaining to the transaction, including the payment of title and escrow fees, if necessary, for the U.S. Highway 50/Missouri Flat Road Interchange Project 71317.
RECOMMENDED ACTION: Approve.
FUNDING: 2004 General Plan Traffic Impact Mitigation (TIM) Fees.
Body
BUDGET SUMMARY:
Total Estimated Cost $12,800.00
Funding
Budgeted $12,800.00
New Funding $
Savings $
Other $
Total Funding Available $12,800.00
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost:
Sufficient funds are available for this agenda item in the U.S. 50 / Missouri Flat Road Interchange Improvements (Phase 1B) Project, FY 07/08 budget, which is funded through the TIM. There is no net cost to the County General Fund associated with this agenda item.
Background:
The U.S. Hwy. 50/Missouri Flat Road Interchange Project #71366 (Phase 1B), requires that a Temporary Construction Easement be acquired from the subject property owner in order to accommodate the widening of the Weber Creek Bridge (Veterans Memorial Bridge) on U.S. Hwy. 50 just east of the Missouri Flat Road Interchange and to construct the new westbound off-ramp from U.S. Hwy. 50 onto Missouri Flat Road. The subject property consists of a commercial pad and is located on the southeastern corner of the Safeway Shopping Center.
On July 18, 2006, your Board authorized DOT's Right of Way Unit to engage in negotiations to acquire temporary land rights for a portion of the subject property. Negotiations with the owner/developer of the property, Kobra Properties, has concluded and a settlement reached that is representative of the appraise...
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