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SR - - PROPERTY PURCHASE 2914 EAST KATELLA AVENUEAGENDA ITEM November 25, 2014 TO: Honorable Mayor and Members of the City Council THRU: John W. Sibley City Manager FROM: Joe DeFrancesco, Public Works Director 1. SUBJECT ReviewedNeri ed By: City Manager Finance Direct r To Be Presented By: Joe DeFrancesco X Cons Calendar _ City Mgr Rpts Council Reports _ Legal Affairs Boards /Crates _ Noticed Hrgs Admin Reports Plan/Environ Purchase of 249 square feet of property at 2914 E. Katella Avenue for the purpose of improving the intersection of Katella Avenue and Wanda Road. 2. SUMMARY This parcel is necessary for the improvement of the intersection of Katella Avenue and Wanda Road. 13. RECOMMENDED ACTION Authorize the Mayor and City Clerk to execute escrow and related documents concerning the purchase of property at 2914 E. Katella Avenue for the purpose of improving the intersection of Katella Avenue and Wanda Road. Purchase price is $21,000, plus related escrow costs. 14. FISCAL IMPACT I Funds are available in the following accounts: 285.5011.56330.20073 (TSIP Area "C" — Katella Ave. / Wanda Rd. 2nd Left Turn Addition) $ 67,106.00 550.5011.56330.20073 (CTFP Grant - Katella Ave. / Wanda Rd. 2nd Left Turn Addition) $ 126,750.00 5. STRATEGIC PLAN GOAL(S) 1 d. Provide for a safe community — Assure the development of the City occurs in a fashion that maximizes public safety. 2d. Be a fiscally healthy community — Effectively manage and develop City assets. ITEM # A" , ; - 1 11/25/14 COPrinted on Recycled Paper 6. GENERAL PLAN IMPLEMENTATION Infrastructure Element Goal 3.0 Ensure adequate maintenance of public rights -of -way to enhance public safety and improve circulation. Policy 3.1: Continue to maintain and repair sidewalks and pavement surfaces on public rights - of -way. 7. DISCUSSION and BACKGROUND The project consists of the widening of the northwest and southwest quadrants of the intersection. This project will add one additional left turn pocket on eastbound Katella Avenue onto northbound Wanda Road and one right turn lane on westbound Katella Avenue onto northbound Wanda Road. Pavement rehabilitation, sidewalks, curbs and gutter, replacement of stamped concrete median, street trees, signing and striping, street lighting, and signal modifications are proposed for the project. The widening will require the acquisition of 249 square feet of landscaped area on the southwest quadrant of the intersection. City staff proceeded to obtain a real estate appraisal by a licensed real estate appraiser as part of the right -of -way purchase of 249 square feet and a temporary construction easement of 822 square feet from the property owner of 2914 E. Katella Avenue. The result of that appraisal is as follows: Purchase of real property and landscaping improvements Temporary construction easement TOTAL COMPENSATION OFFERED $ 14,000 $ 2,000 $ 16,000 Staff offered the property owner the total appraised amount ($16,000) as just and fair compensation for the subject property. The property owner countered back with an amount of $21,000. With this counter offer, the owner will forgo their right to having a second appraisal done and the City reimbursing up to $5,000 for it as provided by law. Staff recommends the approval of the counter offer of $21,000 Tonight's action by the City Council will approve the purchase of a portion of the subject property and authorize the Mayor and City Clerk to execute escrow and related documents. The purchase price is $21,000, plus related escrow costs. OCTA is funding 75% of the property acquisition cost and per previous agreement the City of Villa Park is also contributing 25% of our matching portion of the funding. 18. ATTACHMENTS I • Purchase offer letter • Counter offer response • Location map - (Exhibit `B ") in purchase offer letter ITEM # 2 11/25/14 COPrinted on Recycled Paper