DATE: September 26, 2018
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Paul Holzen, Director of Engineering/City Engineer
Michelle Hatcher, Water Management Director
SUBJECT:
title
Consideration of Agreement for Dedication of Sanitary Sewer Easement (COF 2017-0316) with Henpeck Village Market, Inc. in the amount of $136,400.00 (10/09/18 WS)
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Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning COF 2017-0316.
Background
As part of the Henpeck Sanitary Sewer Project the City needs to acquire the necessary easements to accommodate the construction and infrastructure. The appraised value of the easement was $136,400.00. Board approval is required prior to recording the easement and paying the property owner.
Financial Impact
$136,400.00 cost of this contract is to be shared equally by Williamson County Schools and the City of Franklin. The City’s portion of the project expense would come from the City’s County Facilities Tax fund.
Recommendation
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Staff recommends approval of COF 2017-0316.