Title
Resolution to Rescind Resolution 17-17 Authorizing the Purchase of Property Located at 5460 Millstream Road from the Previous Owner Citigroup Technology, Inc. and Authorize the Purchase of Property Located at 5460 Millstream Road to Millstream Road, LLC, for the Stewart Mill Force Main Sewer Line Project
Body
Department: Engineering & Inspections
Council District: 1
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell: 373-2302
Contact 2 and Phone: Ted Kallam: 373-2302
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of purchasing temporary construction and permanent utility easements for the Stewart Mill Force Main Sewer Line. City Council approval was given on January 17, 2017 while the property was owned by Citigroup Technology, Inc. The property was sold before a deed could be recorded. City Council approval is requested to rescind their resolution approving the sale of property previously owned by Citigroup Technology, Inc. and authorize the sale to the current owner Millstream Road, LLC.
BACKGROUND:
The Water Resources Department has approved the Stewart Mill Force Main Sewer Line Project. The main purpose of the project is to divert waste water flows going to the existing Rock Creek Lift Station in order to free up pumping capacity, and to provide service to the large drainage area (10,565 acres) that is contiguous to the new lift station. This project is also designed to open up additional development in the Eastern part of the county for more economic development opportunities.
The subject property is located at 5460 Millstream Road, parcel #0084848. This property is owned by Millstream Road, LLC. The portion of property to be purchased was appraised by Harold Messick, of Messick and Company, Inc. and was valued at $46,294. The owner agreed to accept the appraised amount.
The property is zoned BP (Business Park). The required Permanent Utility Easement purchase consists of 10,501 Sq. Ft. (0.24 acre).
BUDGET IMPACT:
Funding in the amount of $46,294 for this purchase is budgeted in the Water Resources Capital Improvement Projects fund account 503-7028-02.6012 A19045. A budget adjustment is needed to use this account.
RECOMMENDATION / ACTION REQUESTED:
The Property Management section of the Engineering and Inspections Department recommends that City Council rescind the Resolution 17-17 from January 17, 2017 and approve this purchase.