Title
Transportation Department recommending Chairman be authorized to sign the Easement Acquisition Agreement For Public Purposes and Certificates of Acceptance for a utility, slope, and temporary construction easement from Cameron Park Associates, for APNs 109-240-03, 109-030-21 and 22; and authorize the Director of said Department, or his designee, to execute the escrow instructions and any other related escrow documents for this transaction, including payment of title and escrow fees for the Durock Road/Business Drive Signalization Project 73354.
FUNDING: 2004 General Plan Traffic Impact Mitigation (TIM) Fee Program.
Body
BUDGET SUMMARY:
Total Estimated Cost $23,490
Funding
Budgeted $23,490
New Funding $
Savings $
Other $
Total Funding Available $23,490
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 $20,490 plus title and escrow fees of approximately $3,000, for a total of $23,490. The acquisition costs will be funded through TIM fees. There is no net cost to the County General Fund associated with this item.
Background:
The Durock Road/Business Drive Signalization Project (#73354) requires a slope easement, temporary construction easement, and a utility easement to PG&E, be acquired from the subject property owner, in order to construct the roadway and signalization improvements.
On April 22, 2008, your Board authorized DOT’s Right of Way Unit to proceed with negotiations to acquire land rights affecting portions of the subject parcels. Negotiations with Cameron Park Associates have concluded and a settlement has been reached for the necessary land rights.
Reason for Recommendation:
The land rights being acquired are necessary for the construction of the Durock Road/Business Drive Signalization Project.
Action to be tak...
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