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MEMORANDUM —Hobbs Estate <br /> July 2, 2013 <br /> Page 12 <br /> Funding: Funding is budgeted and available from Traffic Impact Fees/District <br /> II/ROW/66t" Ave- SR 60 to 49th Street, Acct #10215241-066120-06040. For FY <br /> 2012/13, $1,686,334 has been budgeted for ROW for this project, with <br /> $1,132,366 being expended year to date. This right-of-way acquisition is <br /> necessitated to accommodate new growth and development in the County. <br /> Recommendation: Staff recommends the Board approve the Agreement to <br /> Purchase and Sell for the right-of-way and temporary construction easement <br /> from the Hobbs Estate at a price of $106,600, inclusive of all fees and costs. <br /> Staff further recommends the Board make a finding that this expansion of 66th <br /> Avenue is necessary to accommodate growth in the County and such growth will <br /> benefit from the expansion <br /> Copies to: Brent Simon, Esq. Attorney for the Hobbs Estate <br /> 30 <br />