Title
Transportation Department recommending Chairman be authorized to sign Easement Acquisition Agreement For Public Purposes and Certificate of Acceptance for the related deed from Jeanine Wilder for APN 116-191-07; and authorize the Director of said Department, or designee, to execute the escrow instructions and any other related escrow documents relating to this transaction, including payment of title and escrow fees for the Cameron Park Drive/La Canada Drive Intersection Improvements Project.
RECOMMENDED ACTION: Approve.
FUNDING: 2004 General Plan Traffic Impact Mitigation (TIM) Fee Program.
Body
BUDGET SUMMARY:
Total Estimated Cost $1,700.00
Funding
Budgeted $1,700.00
New Funding $
Savings $
Other $
Total Funding Available $1,700.00
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 $700.00 and title and escrow fees of approximately $1,000.00 for a total of $1,700.00. The acquisition will be funded through the TIM Fee program. There is no cost to the County General Fund associated with this item.
Background:
The Cameron Park Drive/La Canada Drive Intersection Improvements Project #72366 requires a slope and drainage easement to be acquired from the subject property owner in order to accommodate the widening of Cameron Park Drive and La Canada Drive to facilitate the signalization of the intersection. The subject property consists of a town home and is located at 3393 Maricopa Court, Cameron Park.
On March 4, 2008, your Board authorized DOT's Right of Way Unit to engage in negotiations to acquire portions of the subject property. Negotiations with Ms. Wilder have concluded and a settlement reached that is representative of the appraised value offered to the property owner for these land rights.
Reason for Recommendation:
The ...
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