DATE: July 11, 2018
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Paul Holzen, Director of Engineering
SUBJECT:
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Quit Claim Deed (COF Contract 2017-0042) for Right-of-Way Dedication from First Farmers and Merchants Bank (Map 117A, Parcel 00400).
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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 Contract 2017-0042.
Background
Additional right-of-way was needed on Village Plains Blvd to accommodate truck traffic through the Berry Farms Development. First Farmers and Merchants Bank dedicated the necessary right-of-way at no cost to the City of Franklin.
Financial Impact
No financial impact.
Recommendation
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The City Administrator approved this agreement under the authority granted by the Franklin Board of Mayor and Aldermen by Resolution 2012-05.