Title
Resolution authorizing purchase of property of Evangel Fellowship Word Ministries, Inc. for the East Cone Boulevard Extension Project
Body
Department: Engineering & Inspections
Council District: 2
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Ted Partrick 373-2308
Contact 2 and Phone: Adam Fischer 373-2861
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of acquiring right of way and easements for the East Cone Blvd Extension Project. City Council approval is requested for the acquisition of this property.
BACKGROUND:
The Transportation Department has approved the extension of East Cone Boulevard to connect with Nealtown Road. This project includes a 3,200 foot extension of Cone Boulevard and a 2,000 foot extension of Nealtown Road to their new intersection north of White Street. It also includes a new bridge over the North Buffalo Creek. Construction is anticipated to start in late 2014.
The subject property is parcel # 0079178 located at 2209 East Cone Blvd and is owned by Evangel Fellowship Word Ministries, Incorporated. The property to be acquired was appraised by Tonya Brady of McNairy & Associates Appraisal Services, Inc. with a value of $15,043.00. After negotiations with the City's property management and legal staff, Evangel Fellowship Word Ministries, Inc. accepted the negotiated amount of $25,000.00 during discussions preliminary to condemnation. The owners were able to claim compensation is due for improvements they made to Cone Boulevard that will be included in the new project.
The property is zoned RS-30 in the County and R-3 inside the City. The acquisitions necessary are right-of-way of 16,101 Sq Ft (.37 acre), a permanent slope easement of 8,539 Sq Ft (.20 acre), permanent drainage easement of 1,066 Sq Ft (0.02 acre), and a temporary construction easement of 5,852 Sq Ft (0.13 acre).
BUDGET IMPACT:
The funding for this acquisit...
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