Title
Resolution Authorizing the Purchase of Property Located at 1330 Seminole Drive from Kevin K. and Julie V. Easley, in the Amount of $175,000, for the Mitchell Water Treatment Plant Expansion, S00443-30
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Engineering & Inspections
Council District: 3
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kristine Williams, 373-2556
Contact 2 and Phone: Kenney McDowell, 373-2302
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of purchasing property for the Mitchell Water Treatment Plant Expansion. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Water Resources Department has approved the Mitchell Water Treatment Plant Expansion. The Department is proposing the purchase of property to provide for the expansion of the Mitchell Water Treatment Plant, which will include enhanced water treatment using granular activated carbon technology.
The subject property is located at 1330 Seminole Drive, parcel #0006559. This property is owned by Kevin K. and Julie V. Easley. The property to be purchased was valued at $165,000 by LR Appraisals, Inc. a certified independent appraiser. After negotiations, the owners agreed to accept $175,000.
The property is zoned R-5, Residential Single family 5. The required property consists of 8,712 Sq. Ft. (0.20 acres).
BUDGET IMPACT:
Funding in the amount of $175,000 for this purchase is budgeted in the Water Resources Capital Improvements Fund account #503-7028-04.6011 A19143. A budget adjustment is needed to use this account.
RECOMMENDATION / ACTION REQUESTED:
The Property Management section of the Engineering and Inspections Department recommends the approval of this purchase and the associated budget adjustment.