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Item 4B Approve the purchase of right of way and easements for the Woodland Heights Connector from the property at 2121 East Southlake Boulevard Item 4B Requested Action Approve the purchase of right of way and easements for the Woodland Heights Connector from the property at 2121 East Southlake Boulevard 2121 East Southlake Boulevard 0.2238 acre (9,748 sf) right of way parcel South Village Center Drive 0.0205 acre (892sf) slope easement adjacent to right of way being acquired Required for construction of the Woodland Heights Connector Approve the purchase of right of way and slope easement for the Woodland Heights Connector Right of Way Exhibit Slope Easement Exhibit Proposed Settlement (based on appraisal) Right of Way $58,500.00 (0.2238 acre right of way) Slope Easement 2,150.00 (0.0205 acre easement) Improvements 6,700.00 Cost to Cure 6,735.00 Total $74,085.00 (for land, easements, improvements, cost to cure) The total compensation is within the City Council authorized variance Approve the purchase of right of way and easements for Woodland Heights Connector Financial Considerations Funding for the right of way and easement purchase is available in the Woodland Heights capital improvement budget Location Map Right of Way & Slope Easement Westwood Drive Gateway Church South Village Center Dr East Southlake Boulevard 2121 Questions: Bob Price (817) 748-8097