Title
Acquisition of Two Tax Parcels for the NE 19th Terrace Road Reconstruction Project (B)
This item involves a request to acquire two tax parcels for right-of-way needed for the NE 19th Terrace Road Reconstruction Project.
Explanation
The City must acquire property for right-of-way for the NE 19th Terrace Road Reconstruction Project. Inez Smith, the owner of tax parcel 10733-013-000 located at 917 NE 19th Terrace and tax parcel 10733-025-000 located at 907 NE 19th Terrace, has agreed to sell these vacant parcels (consisting of 0.18 acre) to the City for $46,000. Both properties are currently vacant lots. Both parcels are necessary to provide sufficient right-of-way for the new road.
Fiscal Note
Funding in the amount of $46,000 is available in the NE 8th to 12th Avenue Connector Capital Project Account (R161).
Recommendation
Recommended Motion: The City Commission: 1) approve the acquisition of tax parcel 10733-013-000 located at 917 NE 19th Terrace and tax parcel 10733-025-000 located at 907 NE 19th Terrace from Inez Smith for the purchase price of $46,000; and 2) authorize the City Manager to execute any and all necessary documents for the acquisition of this property, subject to approval by the City Attorney as to form and legality.
Alternative Recommendation A: The City Commission deny the request for acquisition of tax parcel 10733-013-000 located at 917 NE 19th Terrace and tax parcel 10733-025-000 located at 907 NE 19th Terrace from Inez Smith for the purchase price of $46,000 and abandon the NE 19th Terrace Road Reconstruction Project.