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Besancon memo to BCC <br />June 5, 2019 <br />Page 13 <br />At the conclusion of the settlement conference, the parties entered into a hand written <br />agreement which will be used as the basis for a more formal agreement setting forth the <br />closing date and time. <br />FUNDING: Funding for this acquisition is budgeted and available from Traffic Impact <br />Fees/District I/ROW/66th Ave -65th Street -85th Street- Acct#10215141-066120-16009. <br />STAFF RECOMMENDATION: Staff recommends the Board approve conveying the <br />Gardiner property to the Besancons, approve the agreement to purchase the 0.87 acre <br />Besancon property for $200,000 with the stated conditions, approve costs incurred by <br />the Besancons of $18,000 and approve the settlement of attorney's fees of $52,107 and <br />authorize the Chairman to execute a more formal purchase and sale agreement when <br />drafted and approved by the parties on behalf of the Board. <br />Attachments: Exhibit "A" Aerial Photo <br />Exhibit "B" sketch and legal description of the right-of-way <br />Exhibit "C" Aerial photo of the Gardiner property <br />Copies to: Brent Simon, Esq. <br />169 <br />