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HomeMy WebLinkAbout05-21-18 City Commission Packet Materials - C11. MOA and Waiver Valuation with L & S Properties for Cottonwood and Oak Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Shawn Kohtz, Development Review Engineering SUBJECT: Authorize the City Manager to Sign the Memorandum of Agreement and the Waiver Valuation with L & S Properties, LLC for Construction of Improvements to Cottonwood Road and Oak Street. AGENDA ITEM TYPE: Consent MEETING DATE: May 21, 2018 RECOMMENDATION: Authorize the City Manager to sign the Memorandum of Agreement, and the Waiver Valuation with L & S Properties, LLC needed for the City to install a roundabout at Cottonwood Road and Oak Street. BACKGROUND: By adopting the City of Bozeman Capital Improvement Plan the City Commission has directed staff to install a roundabout at Cottonwood Road and Oak Street. In order to carry out that direction it is necessary to acquire the Right-of-Way described herein. The attached documents, which have been executed by the property owners, are the result of those efforts and are necessary to the completion of that project. The valuations used for these acquisitions was performed under the direction of DOWL Engineering, the city's professional consultant for this project. UNRESOLVED ISSUES: None. FISCAL EFFECTS: The total cost of these acquisitions is $3,550.00 which will be paid for using the Street Impact Fee Fund. ALTERNATIVES: As suggested by the City Commission. Attachments: Cover Page, Memorandum of Agreement, Temporary Construction Easement, Waiver Valuation 120 122 123 124 125 126 127 128 129 130 131 132