Title
A Resolution authorizing the acquisition of property owned by AMERCO Real Estate Company for the Tejon Street Roundabout Project
Presenter:
Travis Easton, P.E. Public Works Director
Mike Chaves, P.E. Engineering Manager
Body
Summary:
The attached Resolution authorizes staff to proceed with the acquisition of property needed for the Tejon Street Roundabout Project. AMERCO Real Estate Company is the owner of a 0.376 acre parcel of land, which includes a commercial use building at 1644 South Tejon Street. The need for this property acquisition was identified during the preliminary and final engineering process for the Tejon Roundabout Project and approved by the Colorado Department of Transportation (CDOT). The acquisition consists of one (1) parcel of land, one (1) permanent public improvement easement, one (1) permanent sight
distance easement and one (1) temporary construction easement across the property. A parcel vicinity map is attached.
Previous Council Action:
On October 25, 2011, City Council approved Resolution No. 177-11 to accept a grant from the CDOT in the amount of $1,579,239.00 that included Federal Highway Administration ("FHWA") funds, for the purpose of providing funding for engineering plans, and construction of the Tejon Roundabout Project.
On March 22, 2016, City Council approved Resolution No. 29-16 authorizing the Public Works Department to enter into a Possession and Use Agreement with AMERCO to obtain possession of the property for the project and to continue negotiations with AMERCO in an attempt to reach a final negotiated settlement for the City to acquire the property.
Background:
The Tejon Roundabout Project ("Project") will convert the traffic control at the existing signalized intersection of South Tejon Street, Cascade Avenue, Ramona Avenue, and Cheyenne Boulevard to a modern roundabout. The existing intersection includes five approaches to a single point. The intersection has a fully-developed urban...
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