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• The County's closing agent would work to obtain a partial release of mortgage from <br />Ms. Brown's mortgage holder. <br />The total cost of the acquisition would be $119,500. The County Attorney's Office <br />recommends settlement of this matter for that amount for the reasons set forth above and <br />to avoid future costs which would easily exceed $30,000 if the matter went to trial. <br />The County Administrator does not support the purchase price, costs and fees due to the <br />fact that they far exceed the amount of the $70,000 offer made by the Board earlier this <br />year. <br />Funding: Funding is budgeted and available in account # 31521441-066120-15813, <br />Optional Sale Tax/right-of-way/58th Avenue 4 lanes 26th Street to CR 510. <br />Recommendation: Staff recommends the Board discuss this mediation result and adopt <br />the County Attorney's Office recommendation of a total settlement in the amount of <br />$119,500. <br />Copies to: <br />David Holloway. <br />Rich Szpyrka <br />Monique Filipiak <br />90 <br />