Item 4D (2)Item 4D
Resolution No. 10-017. Authorize the city attorney to bring condemnation action for the purpose of obtaining street right-of-way for the purpose of construction and maintenance of North
Kimball Avenue located in Lot 5, Block 1, Mesco Addition, located at 2150 East SH114.
Item 4D – Right-of-Way Acquisition 2150 East S.H. 114
Parcel Location - 2150 East S.H. 114
0.016 acre right-of-way parcel adjacent to North Kimball Avenue
Required for construction of Phase 1 of the North Kimball Avenue widening improvement project
Resolution 10-017 – format drafted by City Attorney
PROPERTY LOCATION
Property Location
ROW EXHIBIT
ROW Exhibit
Proposed ROW Acquisition
Item 4D – Right-of-Way Acquisition 2150 East S.H. 114
Property appraisal completed
City staff unable to successfully negotiate purchase
Condemnation procedure required to acquire right-of-way
Item 4D – Right-of-Way Acquisition 2150 East S.H. 114
Current appraised value
0.016 acre right-of-way parcel $ 14,802
Cost to Cure 0
Damage to remainder tract 0
Total appraised value $ 14,802
Counteroffer from owner - $18,180.21
$3,378.21 (22.8%) difference
$1,898.01 (11.7%) above policy (appraised value +10%)
City initiated Site Plan Amendment (Buffer – Sign)
Questions?