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Item 4GItem 4G Approve Purchase of Right of Way for Kimball Avenue Improvements from 759 North Kimball Avenue Requested Action Approve Purchase of Right of Way for Kimball Avenue Improvements from 759 North Kimball Avenue Parcel location - 759 North Kimball Avenue 0.025 acre (1,093 sf) right of way parcel along North Kimball Avenue, north of S. H. 114 0.048 acre (2,081 sf) utility & drainage easement and temporary construction easement adjacent to ROW being acquired Required for widening of North Kimball Avenue Approve purchase of right-of-way for North Kimball Avenue Improvements from the property at 759 North Kimball Avenue Right of Way Exhibit Utility and Drainage Easement Exhibit Temporary Construction Easement Exhibit 759 North Kimball Avenue Proposed Settlement (based on appraisal) Right of way (1,093sf@$8.00/sf) $8,744.00 Util. & drainage esmt.(2,081sf@75%*$8.00/sf) 12,486.00 Temp. Const. Easement (2,081sf@10%/yr/sf) 1,665.00 Improvements 18,477.00 Cost to cure 20,202.00 Total $61,574.00 759 N. Kimball Ave. Location Map 759 N. Kimball Avenue Questions? 759 North Kimball Avenue The value of the improvements on the land being taken is as follows: Improvements* Asphalt Paving $4,633.00 Chain Link Fencing 525.00 Concrete Parking Bumpers 475.00 Shrubs 7,500.00 Tree 2,400.00 Bermuda Grass 672.00 Sprinkler System 1,210.00 Business Sign 720.00 Wood Fencing 342.00 Total $18,477.00 *value of improvement, less depreciation 759 North Kimball Avenue The costs to cure the damages (replacement costs) to the property are as follows: Cost to Cure** New parking and fire lane $15,840.00 Restriping of parking spaces at front of lot 120.00 Chain Link Fencing 58.00 Railroad ties 1,079.00 Concrete Parking Bumpers 53.00 Bermuda Grass 2,800.00 Sprinkler System 134.00 Business Sign 80.00 Wood Fencing 38.00 Total $20,202.00 **cost minus value of item acquired