Loading...
HomeMy WebLinkAboutItem 09 - Minters Chapel Right-of-WayMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: ROGER NELSON, CITY MANAGER MEETING DATE: JUNE 20, 2000 SUBJECT: PURCHASE OF RIGHT-OF-WAY FOR MINTERS CHAPEL ROAD CONSTRUCTION — PARCEL 7, MINTERS CHAPEL HEALTHCARE AND REHABILITATION CENTER RECOMMENDATION: City Council consider authorizing the purchase of 0.030 acres for right-of-way for the Minters Chapel Road construction project from Minters Chapel Healthcare in the appraised amount of $4,550.00, authorize staff to execute the purchase documents, and take any necessary action. FUNDING SOURCE: Funds are currently available as follows: Funding Source Amount Account Number FY1999 GO Bonds $ 3,502,715 178-78102-010 Developer Participation $ 2,209,536 TOTAL $ 5,712,251 Budget Amount Percent Expense Design $ 484,000 8.5% Construction $ 4,344,242 76.1% ROW $ 100,000 1.7% FY99 GO Bonds Contingency $ 784,009 13.7% TOTAL $ 5,712,251 100.0% BACKGROUND: The City Council has authorized staff to offer the appraised value for the tract and the property owner has accepted. Staff recommends approval. JLH\srh 0:\agenda\062000\mcr_p7_row June 14, 2000 (1:26PM)