From
Dwayne Tyner
Title
Acquisition of replacement utility aasements for relocation of city water and sanitary sewer lines (IH 30 Frontage Roads from NW 7th Street to Beltline Road) in the amount of $25,929
Presenter
Romin Khavari, City Engineer
Recommended Action
Approve
Analysis
The owner has agreed to sell the variable width utility easements for $25,929. This amount is in line with recent appraisals in that area. The City will pay all title insurance expenses and closing costs.
Staff is requesting authorization and confirmation for the purchase of replacement utility easements containing 2,881 square feet required for relocation of City water and sanitary sewer lines due to the construction of a frontage road on the south side of IH 30 by TxDOT from NW 7th Street to Beltline Road from Caddo East Estates I, Ltd
Financial Consideration
Not to exceed $29,000.
Funding is available in Water Capital Projects Fund 500592 WO#01509103 (I-30 Service Road) and Wastewater Capital Projects Fund 500692 WO#01510501 (I-30 Service Road) 68610 ROW/Easements/Appraisals/Land.