STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: January 27, 2021
COUNCIL DISTRICT(S): 4
DEPARTMENT: Department of Sustainable Development and Construction
EXECUTIVE: Dr. Eric A. Johnson
______________________________________________________________________
SUBJECT
title
Authorize acquisition from Cheryl Ann Pennington Brooks, of approximately 5,200 square feet of land located near the intersection of Gloyd and Childers Streets for the Cadillac Heights Phase II Project - Not to exceed $18,000.00 ($15,000.00, plus closing costs and title expenses not to exceed $3,000.00) - Financing: Land Acquisition in Cadillac Heights Fund (2006 General Obligation Bond Fund)
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BACKGROUND
This item authorizes the acquisition from Cheryl Ann Pennington Brooks, of approximately 5,200 square feet of land located near the intersection of Gloyd and Childers Streets for the Cadillac Heights Phase II Project. This property will be used for future location of City service and maintenance facilities. The consideration is based on an independent appraisal. There are no relocation benefits associated.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2021 |
FY 2022 |
Future Years |
|
Land Acquisition in Cadillac Heights Fund (2006 General Obligation Bond Fund) |
$18,000.00 |
$0.00 |
$0.00 |
OWNER
Cheryl Ann Pennington Brooks
MAP
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