BACKGROUND/DISCUSSION:
The City’s Capital Improvement program includes drainage improvements for E. Cement Creek. The project is under design by Kimley-Horn and Associates, Inc. and is nearing design completion. The design requires that the City obtain three Permanent Drainage and Utility Easements for properties along Opal Street.
On July 7, 2020 City Council authorized an agreement with Tom Kaiser, MAI, a Real Estate Appraiser, to perform appraisals for the three easement to determine the value of the taking. One of the easements is on Lot 8, Block 1, Rancho North Addition (304 Opal Street) owned by Lori Hernandez and Christopher Lugo . Mr. Kaiser determined that the value of the taking with damages for Ms. Hernandez and Mr. Lugo’s property is $2,700.
Staff met with Ms. Hernandez and Mr. Lugo to review the offer which they accepted.
FINANCIAL IMPACT:
The Fiscal Impact is $2,700. Funding is available in the Drainage Fund, Account 14-7000-00, Capital Outlay/Special Request.
RECOMMENDATION:
It is recommended that the offer of $2,700 to Lori Hernandez and Christopher Lugo for a Permanent Drainage and Utility Easement on Lot 10, Block 1, Rancho North Addition to serve E. Cement Creek Drainage Channel project be authorized and that the Easement be accepted and filed for public record.