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HomeMy WebLinkAboutItem 20 - Parr Road ConstructionMR 0 020 - MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: ROGER NELSON, CITY MANAGER A MEETING DATE: July 18, 2000 SUBJECT: PURCHASE OF RIGHT-OF-WAY FOR PARR ROAD CONSTRUCTION — PARCEL M, MARY DAVIS RECOMMENDATION: City Council consider authorizing the purchase of 948 square feet for right-of-way and the improvements located within the right-of-way for the Parr Road construction project from Mary Davis in the appraised amount of $2,920.00, 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 $ 458,665 178-78101-010 FY2000 GO Bonds $ 2,674,069 178-78102-011 Future Utility Bonds $ 277,043 Peripheral Street Fees $ 172,740 TOTAL $ 3,582,517 Budget Amount Percent Expense Design $ 278,000 7.8% Construction $ 2,390,743 66.7% Testing $ 39,100 1.1% ROW $ 218,600 6.1% FY99 GO Bonds Contingency $ 656,074 18.3% TOTAL $ 3,582,517 100.0% BACKGROUND: The City Council has previously authorized staff to offer the appraised value for the tract and the property owner has accepted. Staff recommends approval. JLH\srh July 11, 2000 (9:52AM)