Title
Transportation Department recommending Chairman be authorized to sign Acquisition Agreement for Public Purposes and Certificates of Acceptance for the related deed and easement from Taff A. and Dorothy A. Freitas for APN 325-180-14; and authorize the Director of Transportation 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. Highway 50/Missouri Flat Road Interchange Improvement Project, 71336, Phase 1B.
RECOMMENDED ACTION: Approve.
FUNDING: 2004 General Plan Traffic Mitigation Fee Program (TIM).
Body
BUDGET SUMMARY:
Total Estimated Cost $32,100.00
Funding
Budgeted $32,100.00
New Funding $
Savings $
Other $
Total Funding Available $32,100.00
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost:
The U.S. Hwy. 50/Missouri Flat Road Interchange Improvement Project #71336, Phase 1B, is funded with TIM funds and sufficient funds are in the project budget for the subject acquisitions, including acquisition costs of $29,100.00 plus title and escrow fees in the amount of $3,000.00 for a total of $32,100.00.
There is no net cost to the County General Fund associated with this agenda item.
Background:
The U.S. Hwy. 50/Missouri Flat Rd. Interchange Improvement Project #71336, Phase 1B, requires portions of the subject property be acquired for right of way purposes including fee and a temporary construction easement, in order to accommodate the widening and construction improvements to Veteran's (Weber Creek) Bridge on U.S. Hwy. 50.
On April 29, 2008, your Board authorized DOT's Right of Way Unit staff to proceed with final negotiations to acquire the land rights from the subject property owners. Negotiations with Taff and Dorothy Freitas have concluded and a settlement has been reached that is representative of the appraised value of the necess...
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