STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: August 28, 2024
COUNCIL DISTRICT(S): 12
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Dev Rastogi
______________________________________________________________________
SUBJECT
Title
Authorize the second step of acquisition for condemnation by eminent domain from Delart Investments, Inc., to acquire a wastewater easement containing a total of approximately 23,058 square feet of land located near the intersection of Preston and Arapaho Roads for the McKamy and Osage Branch Wastewater Interceptor Project Not to exceed $400,000.00 ($393,312.000, plus closing costs and title expenses not to exceed $6,688.00) - Financing: Wastewater Capital Improvement F Fund
Body
BACKGROUND
The City Council authorized the acquisition of a wastewater easement containing a total of approximately 23,058 square feet of land located near the intersection of Preston and Arapaho Roads for the McKamy and Osage Branch Wastewater Interceptor Project on September 28, 2022, in the amount of $393,312.00.
This item authorizes the second step of acquisition for condemnation by eminent domain for a wastewater easement. The McKamy and Osage Branch Wastewater Interceptor Project will make improvements and relocation of the McKamy and Osage Branch wastewater line. To accomplish this, the City needs to acquire a wastewater easement on the subject property.
The property owner has not agreed to the City's offer for the easement interest, and it is necessary to move forward by eminent domain to obtain the easement and complete the necessary wastewater improvements. The consideration is based on an independent appraisal. There are no relocation benefits associated with this acquisition.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On September 28, 2022, the City Council authorized an acquisition from Delart Investments, of a wastewater easement containing a total of approximately 23,058 square feet of land located near the intersection of Preston and Arapaho Roads for the McKamy and Osage Branch Wastewater Interceptor Project by Resolution No. 22- 1441.
FISCAL INFORMATION
|
Fund |
FY 2024 |
FY 2025 |
Future Years |
|
Wastewater Capital Improvement F Fund |
$400,000.00 |
$0.00 |
$0.00 |
OWNER
Delart Investments, Inc.
Paul Schachter, President
MAP
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