File #: 18-1008    Version: 1 Name:
Type: Contract/Agreement Status: Passed
File created: 9/26/2018 In control: Board of Mayor & Aldermen
On agenda: 10/23/2018 Final action: 10/23/2018
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)
Sponsors: Paul Holzen, Michelle Hatcher
Attachments: 1. Henpeck Village Market Easement for Henpeck Lane Sewer Project.pdf, 2. Tract 15 Appraisal Report 8-2.pdf

 

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)    

body

 

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

rec

Staff recommends approval of COF 2017-0316.