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T. Ah Street R/W Acquisition - Parcel #102 - Zimmermann <br />The Board reviewed a Memorandum of October 24, 1995: <br />TO: James E. Chandler <br />County Administrator <br />THROUGH: James W. Davis, P.E. <br />Public Works Direct <br />AND <br />Terry B. Thompson, P.E.C�10 <br />Capital Projects Manager <br />FROM: Donald G. Finney, SRA T��-4-- <br />County Right -of -Way Agent CONSENT AGENDA <br />SUBJECT: 4th Street Right -of -Way Acquisition; Parcel #102 <br />DATE: October 24, 1995 <br />DESCRIPTION AND CONDITIONS <br />Additional right-of-way is required on 4th Street for paving <br />improvement widening and water retention area. <br />The property owner has counteroffered and executed two contracts at <br />$72,435.00 for the C -H zoned land. <br />The appraised value is $2.95 per square foot for 21,945 square feet <br />of land which equates to $64,738, and the well and pump, waterline, <br />marl driveway, two electric services, and septic system is valued <br />at $3,500 for a total appraised value of $68,238. <br />The owner's counteroffer is: <br />LAND, $3.00/.sq.ft. $65,835 <br />Itemized Improvements $ 6,600 <br />(see attached letter) <br />CONTRACT TOTAL $72,435 <br />RECOMMENDATION <br />Staff review appears that the contract is reasonable and requests <br />the Board of County Commissioners approve the $72,435.00 purchase <br />and authorize the Chairman to execute the contracts. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, the Board unanimously approved <br />the Contract with Karl Zimmermann in the amount of <br />$72,435, as recommended by staff. <br />CONTRACT IS ON FILE IN THE OFFICE OF THE <br />CLERK TO THE BOARD <br />NOVEMBER 7, 1995 1IO <br />3D, <br />L- <br />