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File #: 2019-0350   
Type: Resolution Status: Approved
File created: 8/5/2019 In control: City Council
On agenda: 8/22/2019 Final action: 8/22/2019
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Brian Robinson a/k/a Gary Brian Robinson and Belinda Robinson for the purchase of 0.119 acres located at 11 Westview Drive and required for the construction of the City’s proposed Kenney Fort Boulevard (Phase 2/3) roadway improvements (Parcel 20).
Indexes: RR Transportation and Economic Development Corporation (Type B)
Attachments: 1. Resolution, 2. Exhibit A, 3. Map

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Brian Robinson a/k/a Gary Brian Robinson and Belinda Robinson for the purchase of 0.119 acres located at 11 Westview Drive and required for the construction of the City’s proposed Kenney Fort Boulevard (Phase 2/3) roadway improvements (Parcel 20).

 

Body

The original City appraised land value for the Westview Drive parcels was $2.55/SF.  The parties have negotiated a group settlement with parcel owners 14, 15, 17-20 for a unit value of $3.75/SF. The owners also agreed to credit the city for certain infrastructure improvements, the cost of which was deducted from the overall r.o.w. compensation in the purchase contracts. This group settlement was discussed extensively with the Transportation and Utility departments, and was ultimately recommended for approval in the current contract amounts.

 

Cost: $12,079.65

Source of Funds: RR Transportation and Economic Development Corporation (Type B)