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Please see the sketch and legal descriptions attached to the Pre -suit Mediation Settlement Agreement that depict these four property interests. There are 24 mature ,pecan trees and some fencing along 61st Street that will be lost as part of the take. These trees are approximately 30" in diameter and range in health from distressed to average condition due to their age. Pecan trees once lined 61st Street forming the basis for the alternate name of Pecan Grove Road for 61St Street. The County's appraisal for Parcels 301 and 302 were performed by Armfield & Wagner. The appraisals assigned values as follows: Parcel 301 1.47 acres @ $20,000/acre + $3,000 improvements = $32,400 Parcel 302 0.58 acres @ $22,000/acre + $1,500 improvements = $14,260 Total for Parcels 301 and 302 $46,660 The appraisals did not find any severance damages. The appraisals did attach a value of $3,000 and $1,500 respectively, for the gate and fencing that runs parallel to 61St Street but did not assign a value to the pecan trees that lie within the area of take. Likewise, there was no value assigned to the permanent access easement or the temporary construction easement needed for the improvements to 61St Street. The Banacks, accompanied by their attorney, attended a pre -suit mediation with Randy Brennan as the mediator, and staff consisting of Rich Szpyrka, Susan Prado, Monique Filipiak and Bill DeBraal on November 24, 2019. Staff and the Banacks agreed on the terms of the Pre -suit Mediation Settlement Agreement that is attached to this memorandum as Exhibit "B". The settlement terms are: • The County will pay to the Banacks $110,000 for right-of-way parcels 301 and 302, permanent access easement, temporary construction easement and inclusive of all severance damages, damages to the improvements and Toss of the pecan trees. • Statutory attorney's fees of $20,955 • All costs and expert witness fees of $2,500 • Two 24' wide driveways with 35' radii at locations to be determined by the Banacks The total settlement cost to the County is $133,455 plus the cost of the driveways. A sketch and legal description of Parcels 301 and 302 are attached to the Agreement as Exhibit "A". By comparison, in February 2017, the County purchased the 18.72 -acre Greene property located at the northeast corner of 66th Avenue and 53rd Street for a future stormwater park for $558,900 ($29,855 per acre) which was an arm's length transaction without the threat of eminent domain. The County previously purchased the Miami Block from Central 154