STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: February 22, 2023
COUNCIL DISTRICT(S): 7
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
______________________________________________________________________
SUBJECT
title
Authorize acquisition from Angel Espinosa, of approximately 4,140 square feet of land improved with a single-family dwelling located near the intersection of Dolphin Road and Detonte Street for the Dolphin Road from Spring Avenue to North Haskell Avenue Project - Not to exceed $115,500.00 ($111,000.00, plus closing costs and title expenses not to exceed $4,500.00) - Financing: Street and Transportation (A) Fund ($23,100.00) and Capital Projects Reimbursement Fund ($92,400.00)
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BACKGROUND
This item authorizes the acquisition from Angel Espinosa, of approximately 4,140 square feet of land improved with a single-family dwelling located near the intersection of Dolphin Road and Detonte Street for the Dolphin Road from Spring Avenue to North Haskell Avenue Project. This property will be used for street improvements. The consideration is based on an independent appraisal. Relocation benefits are estimated to be $165,000.00.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2023 |
FY 2024 |
Future Years |
|
Street and Transportation (A) Fund (2017 General Obligation Bond Fund) |
$ 23,100.00 |
$0.00 |
$0.00 |
|
Capital Projects Reimbursement Fund |
$ 92,400.00 |
$0.00 |
$0.00 |
|
Total |
$115,500.00 |
$0.00 |
$0.00 |
OWNER
Angel Espinosa
MAP
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