To

Mayor and Council

Subject

Agenda Report for Quit Claim to Hugh McMath Investment Company

Initiator

Department of Transportation, Felton G. Grant, Right of Way Acquisition Coordinator

Recommendation

Approval is requested to execute a Quit Claim to Hugh McMath Investment Company \n \n to purchase 0.061 acres of a remnant 3204 Buena Vista Road (Parcel 4R) of the \n \n St. Mary's Road Widening Project STP-8038(7)

Approval

Approved

Background

The City is in the process of buying Right of Way for St. Mary's Road Widening

Project)from Buena Vista Road to Robin Road). In the process of acquisition,

the City needs to acquire property from Hugh McMath Investment Company (Parcel

3). Adjacent to the McMath property is Parcel 4 that had to be purchased,

leaving a remainder Parcel 4R that is too small or shaped to be functional.

Hugh McMath requested that the city sell the remitment (4R) for the same price

we paid him for his property. They are the only adjoining property owner. The

selling of said property became part of the deal thereby allowing the City to

recuperate acquisition cost.

Analysis

Said property is a remainder of property needed for right of way. This action

is supported by the City Charter Sec. 7-501(4)

Financial Considerations

This action saves right of way cost and keeps property on the tax digest.

Projected Annual Fiscal Impact Statement

Legal Considerations

The City Attorney has no objections to this in accordance with the City Charter

ref. the above chapter.

Recommendations/ Actions

Authorize the City Manager to execute a Quit Claim to Hugh McMath Investment

Company to purchase 0.061 acres of a remnant (parcel 4R) of the St. Mary's Road

Widening Project, STP-8038(7).

No attachments for this document.