Presenter/Contact
Presenter
Matthew Eckmann, Real Estate Manager
Contact Info
(830) 221-4089 - meckmann@nbtexas.org
Subject Header
SUBJECT:
Title
Approval of acquisition funds for purchasing Right of Way from Fellowship Bible Church of New Braunfels, Parcel 3 on the Solms/Morningside/Rueckle Road Reconstruction Project.
Body
BACKGROUND / RATIONALE:
The Solms/Morningside/Rueckle Road Reconstruction Project is one of the approved Proposition One projects included in the 2013 Bond Program, which will include Sidewalks, Roadway and Drainage Improvements along Morningside Drive, Solms Road and Rueckle Road.
On February 13, 2017 and September 25, 2017, City Council approved acquisition funds in the total amount of $1,150,000.00 to acquire the necessary parcels for the Solms/Morningside/Rueckle Road Reconstruction Project.
An agreement has been reached with Fellowship Bible Church of New Braunfels in the amount of $30,601.00 plus necessary closing costs for the purchase of 1,207 square feet of Right of Way and 786 square feet of Temporary Construction Easement.
ADDRESSES A NEED/ISSUE IN A CITY PLAN OR COUNCIL PRIORITY:
|
X |
Yes |
City Plan/Council Priority: |
Strategic Priorities: Continue an ongoing program of infrastructure construction and maintenance. |
FISCAL IMPACT:
Expenditures associated with right-of-way acquisition are a component of the Solms/Morningside/Rueckle Road Reconstruction Project. Therefore, sufficient funds are available to approve the acquisition funds as described above.
Recommendation
COMMITTEE RECOMMENDATION:
N/A
STAFF RECOMMENDATION:
Staff recommends approval of acquisition funds for the Solms/Morningside/Rueckle Road Reconstruction Project.