Item 4HItem 4H
Approve purchase of right-of-way for North Kimball Avenue Improvements from the property at 501 North Kimball Avenue
Parcel location (501 N. Kimball Ave.)
0.370 acre (16,103sf) right-of-way parcel along North Kimball Avenue north S. H. 114
Required for widening of North Kimball Avenue
Approve purchase of right-of-way for North Kimball Avenue Improvements from the property at 501 North Kimball Avenue
Location Map
501 N. Kimball Ave.
Prop. ROW Acquisition
Approve purchase of right-of-way for North Kimball Avenue Improvements from the property at 501 North Kimball Avenue
Total Area of Acquisition (S.F.) 16,103sf
Prescriptive ROW (S.F.) 6,688sf
Compensable ROW (S.F.) 9,415sf
Appraised land value ($9.00/S.F.) $84,735.00
Improvements 7,003.00
Cost to cure damages 206.00
Net Value $91,944.00
Proposed Settlement $ 100,000.00
Questions?