CC MEETING: March 5, 2024
DATE: February 20, 2024
TO: Erin Rinehart, City Manager
FROM: Jonathan Wheat, P.E., Director of Engineering
Marc Guy, Assistant City Manager
Title
Consider A Resolution Authorizing The City Manager To Negotiate And Execute All Necessary Documents For The Purchase Of Six Parcels Of Property In The Carrollton Heights Neighborhood For Public Right-Of-Way In An Amount Not To Exceed $25,735.00.
Body
BACKGROUND:
This resolution will provide authorization to purchase the necessary right-of-way to construct the planned improvements related to the Carrollton Heights NOTICE project. To facilitate the construction of the project, it is necessary for the City to acquire several parcels of property for rights-of-way.
The reconstruction of the Carrollton Heights neighborhood was authorized by the voters in the 2018 bond referendum.
Angel Valuation Services and JLL Valuation & Advisory Services were contracted to appraise 10 properties in Phase 1 of the Carrollton Heights project. The six properties being purchased at this time were appraised at a total of $9,755.00. In 2023, Stateside Right of Way Services negotiated on the City's behalf with the property owners. The owners of parcels 2, 3, 5, 9 and 10 accepted the initial offer. In January of 2024, staff recommended accepting the counteroffer from the owner of parcel 4. The total offer for the six parcels is $16,735.00, and closing costs are estimated at $9,000.00.
A summary of each parcel is below:
Parcel
Appraisal
Counter
2 Schwegler
$ 1,136.00
N/A
3 Juarez
$ 1,125.00
N/A
4 Lockhart
$ 1,300.00
$ 8,280.00
5 Tovar
$ 827.00
N/A
9 James
$ 3,817.00
N/A
10 L Chandler
$ 1,550.00
N/A
FINANCIAL IMPLICATIONS:
Funding is available from 2018 general obligation bonds allocated to the Carrollton Heights reconstruction project.
IMPACT ON COMMUNITY SUSTAINABILITY:
This project will support the City Council's strategic objectives an...
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