Title
Transportation Department recommending Chairman be authorized to sign Acquisition Agreement for Public Purposes and Certificate of Acceptance for the related deed from Frances E. Carver and Josephine L. Cohen, Trustees of The Rizooly Trust for APN 325-230-18; and authorize the Director of said Department or designee to execute the escrow instructions and any other related escrow documents pertaining to the transaction, including the payment of title and escrow fees for the U.S. Hwy. 50/Missouri Flat Road Improvement Project Phase 1B.
RECOMMENDED ACTION: Approve.
FUNDING: 2004 General Plan Traffic Impact Mitigation Fee Program (TIM).
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BUDGET SUMMARY:
Total Estimated Cost $21,200.00
Funding
Budgeted $21,200.00
New Funding $
Savings $
Other $
Total Funding Available $21,200.00
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost:
Sufficient funds are appropriated to provide for the proposed acquisition, including compensation to the owner in the amount of $19,300.00, an allowance of $400.00 to resolve the "hiatus," and title and escrow fees of approximately $1,500.00, for a total of $21,200.00. The acquisition will be 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 Improvement Project #71336 (Phase 1B), requires a partial fee acquisition be acquired from the subject property owners in order to accommodate the widening of the Weber Creek Bridge (Veteran's Memorial Bridge) on U.S. Hwy. 50 and to construct the new westbound off-ramp from U.S. Hwy. 50 onto Missouri Flat Road. The subject property consists of a single family residence and is located at 2500 Headington Road, Placerville.
On December 12, 2006, your Board authorized DOT's Right of Way Unit to engage in negotiations to acquire portions of the subject property. Negotiations with Ms. Carver...
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