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File #: 2019-0104   
Type: Resolution Status: Approved
File created: 1/28/2019 In control: City Council
On agenda: 2/14/2019 Final action: 2/14/2019
Title: Consider a resolution authorizing the Mayor to execute a Possession and Use Agreement with Richard G. Nord and Joy Nord for a 1.41-acre proposed right-of-way parcel for construction of Kenney Fort Boulevard, a 0.452-acre proposed wastewater easement parcel, and 0.380-acre temporary construction workspace easement parcel for construction of extensions to the Gattis School Road wastewater line. (Parcel 14).
Indexes: RR Transportation and Economic Development Corporation (Type B), Self-Financed Wastewater Construction
Attachments: 1. Resolution, 2. Exhibit A, 3. Map

Title

Consider a resolution authorizing the Mayor to execute a Possession and Use Agreement with Richard G. Nord and Joy Nord for a 1.41-acre proposed right-of-way parcel for construction of Kenney Fort Boulevard, a 0.452-acre proposed wastewater easement parcel, and 0.380-acre temporary construction workspace easement parcel for construction of extensions to the Gattis School Road wastewater line. (Parcel 14).

 

Body

The PUA compensation amount is equal to 90% of the City's appraised value for these acquisitions, which is within a typical range for this type of agreement.

 

Cost: $168,200.00

Source of Funds: Self-financed Wastewater Construction and RR Transportation and Economic Development Corporation (Type B)