STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: May 12, 2021
COUNCIL DISTRICT(S): 4
DEPARTMENT: Department of Sustainable Development and Construction
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT
title
Authorize acquisition from Clarence Sneed, Antonio Bueno, Jr. and Mauricia Bueno, of approximately 5,668 square feet of land improved with a single-family dwelling located near the intersection of Gloyd and Childers Streets for the Cadillac Heights Phase II Project - Not to exceed $65,000.00 ($60,000.00, plus closing costs and title expenses not to exceed $5,000.00) - Financing: Land Acquisition in Cadillac Heights Fund (2006 General Obligation Bond Fund)
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BACKGROUND
This item authorizes the acquisition from Clarence Sneed, Antonio Bueno, Jr. and Mauricia Bueno of approximately 5,668 square feet of land improved with a single-family dwelling 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. Relocation benefits are estimated to be $85,000.00.
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) |
$65,000.00 |
$0.00 |
$0.00 |
OWNERS
Clarence Sneed
Antonio Bueno, Jr.
Mauricia Bueno
MAP
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