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In reviewing this request, staff is of the opinion that the <br />requested $25,000.00 compensation is reasonable and agrees with <br />comparable sales in the area. <br />RECOMMENDATION AND FUNDING <br />Staff recommends that the County offer to purchase the lot <br />for $25,000.00 (plus closing cost) and to resell the remainder <br />after right-of-way needs are provided. Funding to be from Zone 8 <br />Traffic Impact Fee Account (balance on 5/25/90 was approximately <br />$400,000.00). <br />Patrick Luther, owner of Lot 16 in Westlake Estates <br />Subdivision, advised that staff's recommendation is acceptable to <br />him. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bird, the Board unanimously approved <br />staff's recommendation of Alternative #1, as set out in <br />the above memo. <br />COPY OF CONTRACT FOR SALE AND PURCHASE IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />FINAL PAYMENT TO HYDROPRO, INC. FOR RIVERS EDGE WATER TREATMENT <br />PLANT INSTALLATION <br />The Board reviewed the following memo dated 5/23/90: <br />DATE: MAY 23, 1990 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINT <br />DIRECTOR OF UTIL SERVICES <br />SUBJECT: FINAL PAYMENT TO HYDROPRO, INC. FOR RIVERS <br />EDGE WATER TREATMENT PLANT INSTALLATION <br />IRC PROJECT NO. UW -88 -04 -WC <br />PREPARED AND STAFFED BY: WILLIAM F. McCAIN <br />CAPITAL PROJEC <br />DEPARTMENT OF Y SERVICES <br />BACKGROUND <br />The installation *of the water plant at Rivers Edge has been <br />-completed for several months. During this time, the facility has <br />85 BOOK Ci F�:GE <br />