Consent 1.E.
Regular City Council Meeting
- Meeting Date:
- 11/27/2017
- TITLE
- Right-of-Way Agreement and Warranty Deeds with Homestead Capital LLC for Central Avenue
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
No
PROBLEM/ISSUE STATEMENT
Work Order 16-05 Central Avenue will widen Central Avenue from 32nd Street West to Shiloh Road. City staff has been negotiating with the adjacent owners for the necessary right-of-way. The needed right-of-way was identified on the design project plans and must be acquired prior to construction. Homestead Capital, LLC owns the property south of Central Avenue from 36th Street West to 37th Street West. The company has agreed to donate the necessary right-of-way in exchange for the improvements being installed along their Central Avenue frontage.
ALTERNATIVES ANALYZED
City Council may:
- Approve the right-of-way agreement and warranty deeds with Homestead Capital LLC, or;
- Disapprove the right-of-way agreement and warranty deeds. If not approved, there will not be enough right-of-way to widen Central Avenue.
FINANCIAL IMPACT
Homestead Capital, LLC is donating the right-of-way and construction easement. In exchange for the right-of-way, the project will construct all of the Central Avenue improvements including extending storm drain services for future use.
RECOMMENDATION
Staff recommends that Council approve the right-of-way agreement and warranty deeds with Homestead Capital, LLC.