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Commissioner Bird expressed his feeling that this is a very <br />important project but the initial offer was more in line with <br />values in that area. He felt the final amount is excessive. <br />However, the project needs to move ahead. It bothered him that the <br />County is paying more than the market value for right-of-way <br />property while the property is being enhanced by the right-of-way. <br />He did not believe the property owner was justified in asking that <br />amount and believed that, in the future, when these prices are out <br />of line, the County may have to go the condemnation route and work <br />it out in court. <br />ON MOTION by Commissioner Bird, SECONDED by <br />Commissioner Eggert, the Board unanimously approved <br />the contract with Houdyshell, Inc. and authorized <br />the Chairman to execute same, as recommended by <br />staff. <br />CONTRACT IS ON FILE IN THE OFFICE OF THE <br />CLERK TO THE BOARD <br />N. Wal-Mart Developer's Agreement <br />The Board reviewed a Memorandum of November 8, 1996: <br />TO: James E. Chandler. <br />County Administrator <br />THROUGH: James VV. Davis. P.E.. CONSENT AGENDA <br />9-1. Public Works Director <br />FROM: Christopher R. Mora, P.E.. G -,- <br />County Traffic Engineer <br />SUBJECT: WAL-MART DEVELOPER'S AGREEMENT <br />REF: Developer's Agreement <br />DATE: November 8. 1996 <br />DESCRIPTION AND CONDITIONS <br />The County and Wal-Mart are in need of a developers agreement to clarify certain <br />transportation related responsibilities contained in Wal -Mart's Development <br />Order. <br />ALTERNATIVES AND ANALYSIS <br />Wal-Mart has drafted and executed the attached LOCAL DEVELOPMENT <br />AGREEMENT, which details certain transportation related responsibilities of the <br />Wal-Mart development. <br />RECOMMENDATIONS AND FUNDIN <br />Staff recommends approval of the attached LOCAL DEVELOPMENTAGREEMENT. <br />There is no funding impact associated with this agreement. <br />NOVEMBER 12, 1996 35 BOOK PAGE 70u, <br />