HomeMy WebLinkAboutAgenda Statement 1976/08/10 Item 07CITY OF CHULA VISTA ITEM N0. 7
COUNCIL AGENDA STATEMENT
FOR MEETING OF: 8/10/76
ITEM TITLE: Resolution#8279: Accepting Grant Deed from Saratoga Development
Corporation for Right of Way Along Telegraph Canyon Road
SUBMITTED BY Director of Public Works/City Engineer
ITEM EXPLANATION:
The Engineering Division is preparing plans for the widening and re-
construction of Telegraph Canyon Road between Halecrest Drive and Oleander
Avenue and the widening of Telegraph Canyon Road from Oleander Avenue east
to Brandywine Avenue. At the intersection of the northbound off-ramp from
the I-805 Freeway to Telegraph Canyon Road and Halecrest Drive, Telegraph
Canyon Road will be widened to provide for a bike lane, free right turn from
the freeway and merging of traffic from the Freeway off-ramp with the two
eastbound lanes on Telegraph Canyon Road. To widen Telegraph Canyon Road in
this area requires that the City obtain right of way from two separate
properties.
One of these properties is owned by Saratoga Development Corporation and the
City must acquire approximately 1137 square feet. Coldwell Banker Management
Corporation caas retained to prepare an appraisal report of the property owned
by Saratoga Development Corporation. The fair market value of this taking
from Saratoga Development Corporation is $568, which is in accordance with the
appraisal report prepared by Coldwell Banker dated June 18, 1976.
On July 19, 1976, the City made an offer to Saratoga Development Corporation
to purchase the 1137 square feet of right of way for the amount of $568.
Saratoga Development Corporation has accepted that offer and executed a grant
deed conveying this right of way to the City on July 22, 1976.
A transparency is available for Council viewing.
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Agreement Resolution X Ordinance Plat X Other
Environmental Document: Attached Submitted on
STAFF RECOMMENDATION:
City Council accept grant deed and authorize the expenditure of $568 from
Gas Tax Project Account 250-2501-GT50.
BOARD/COMMISSION RECOMMENDATION
COUNCIL ACTION•
A P p g p V E D
by the
City Couacil
of
Chula Vista, Calif or ~a
~~ ..
Dated...........~ .........................
Form A-113 (Rev 5-75)