STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: September 9, 2021
COUNCIL DISTRICT(S): 8
DEPARTMENT: Department of Sustainable Development and Construction
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT
title
Authorize acquisition of a wastewater easement from Savannah Property Company LLC, of approximately 15,111 square feet of land located near the intersection of University Hill Boulevard and Camp Wisdom Road for the University Hills Infrastructure Project - Not to exceed $12,858.00 ($10,358.00, plus closing costs and title expenses not to exceed $2,500.00) - Financing: Equity Revitalization Capital Fund
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BACKGROUND
This item authorizes the acquisition of a wastewater easement from Savannah Property Company LLC, of approximately 15,111 square feet of land located near the intersection of University Hills Boulevard and Camp Wisdom Road for the University Hills Infrastructure Project. This property will be used for wastewater infrastructure improvements for the University Hills area bounded by University Hills Boulevard, Camp Wisdom Road, Lancaster Road and Wheatland Road. 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 |
Equity Revitalization Capital Fund |
$12,858.00 |
$0.00 |
$0.00 |
OWNER
Savannah Property Company, LLC
Pettis B. Norman, Director
MAP
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