DATE: August 5, 2019
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Paul Holzen, City Engineer/Director of Engineering
Jonathan Marston, Assistant Director of Engineering
Ben Worley, Right-of-Way Agent
SUBJECT:
title
Consideration of a Professional Services Agreement (COF Contract No. 2019-0256) with R. Rhett Turner, MAI for McEwen Drive Phase 4 Review Appraisal Services in the Amount of $51,400.00 (8/22/19 CIC 4-0)
body
Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning approval of a Professional Services Agreement (PSA) with R. Rhett Turner, MAI for McEwen Drive Phase 4 Review Appraisal Services.
Background
The East McEwen Drive Phase 4 Improvements plans are nearing final completion. City staff is preparing to begin the right-of-way acquisition phase of this project. All projects that receive federal and/or state transportation funds are required to comply with the Uniform Relocation Assistance and Real Property Acquisition Act of 1970 (Uniform Act). The Uniform Act requires both an appraisal and review appraisal for all property to be acquired. This PSA will allow for the review appraisals of all property, both right-of-way and easements, to be acquired with this project.
Financial Impact
The amount of this PSA (COF Contract No. 2019-0256) is $51,400.00. Current project expenses have been paid from the Capital Projects Fund, with the actual source of funding being the 2017 General Obligations Bond (GL Code: 311-89420-43100). Project expenses will continue to be paid from that funding source until mid-2020, at which time expenses are anticipated to be paid from the 2019 General Obligations Bond (GL Code: 312-89420-43100).
Recommendation
rec
Staff recommends approval of the PSA (COF Contract No. 2019-0256) with R. Rhett Turner, MAI.