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JAN 22 1986 BOOK 63 Facc 403 RIGHT-OF-WAY ACQUISITION FOR 43RD AVENUE EXTENSION FROM NORTH GIFFORD ROAD TO LINDSEY ROAD The Board reviewed the following memo dated 1/13/86: TO: THE HoNORABLE MEmERs OF THE DATE: January 13, 1986 FILE: BOARD OF CDUWY- CONIlUSSIONERS THROUGH: Michael Wright County Administrator James W. Davis, P ►yT Public Works Director FROM: Donald G. Finne. y'"" �' R/W Acquisition Agent SUBJECT: Right -of -Way acquisition for 43rd Avenue extension fran N. Gifford Rd. to Lindsey Rd. REFERENCES: DESCRIPTIONS AND CONDMONS The County requires a 35' x 275' right-of-way along a parcel owned by Bryant Carter & Corbitt Smith. (9,625 square feet or .22 acres). The. property owners do not want to sell, however, they will only settle for $5,000. Staff appraisal indicated a market value of $2,500. The Board previously authorized purchase at $2,500. 411 1) Obtain an outside independent M.A.I. appraisal, approximate fee $1,000. 2) Authorize County Attorney to start condemnation by eminent domain. 3) Authorize purchase of property at $5,000 at which the property Owner is willing to settle. It is estimated that condemnation costs to the county would be as follows: $2,500 Estimated market value of subject property 1,000 Appraisal fee for posting of bond 1,500 Property owner's attorney fees 200 Court costs *$5,200 *This is a conservative estimate which would be higher depending on attor- ney's and appraiser's fees and time elapsed since staff estimated property value. RECONMENIDATION AND FUNDING Staff recommends alternative number 3 be approved as the least expensive alternative and least time consuming to consummate the transaction and thus have the road construction completed. Funding from Second Gas Tax or local option gas tax. 75