R2003-132 AUTHORIZING PURCHASE OF REAL PROPERTY

Home Browse Search

r • • '' , The proposed intersection improvements significantly impact the properties along Mound Road on the east side of Route 51, primarily as it relates to access. For the Soules' property (214 E. Mound Rd.), the City will be paying $935 for the right of way and a temporary easement and $34,665 for proximity damages to the property. These damages include a reduction in the access, landscaping damage and the general impact of the street improvements on the residence. For the ' Hunt property (3815 Constant View), the City will be paying $1,610 for the right of way and a temporary easement and $9,650 for proximity damages. The proximity damages include the ' relocation of a driveway, relocating a fence, landscaping damage and the general impact of the street improvements on the property. The street improvements will move the roadway even closer to these residences that are already fairly close to the road. To date, right of way has been purchased from the properties located at 3810 Constant View ($435), 140 West Mound Road ($787.50), and 120 West Mound Road ($1,570). Purchases are ' pending on the five remaining right of way parcels needed for construction of the street improvements. POTENTIAL OBJECTION: There are no known objections to this agreement. INPUT FROM OTHER SOURCES: Blank, Wesselink, Cook and Associates, Inc. Norm Lienemann,NDL Real Estate Consultant, Inc. STAFF REFERENCE: Matt Newell, City Engineer, at 424-2747 The City Engineer, Matt Newell, will be in attendance at the City Council meeting to answer any questions of the Council on this item. BUDGET/TIME IMPLICATIONS: The proposed right of way purchase is at a cost of$35,600 for the Soules' and $11,260 for the Hunt's and is currently budgeted in the Letter of Credit Projects Fund. The proposed Mound Road / Route 51 improvements axe currently scheduled to go out for bid in February/ March of 2004 with a completion in the Fall of 2004. attach: 2 cc: John Smith,Assistant City Manager of Public Services John Couter, Corporate Counsel Phil Wilhelm, Municipal Services Manager Robert M. Dean, BWC N. Lienemann,NDL Real Estate Consultant, Inc. Page 2