SUBJECT
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Approve Right-of-Way Agreement between DH Land Group LLC, a Florida limited liability company, and Polk County in conjunction with the County Road 557 Project, Parcels 130A, 130B and 722. ($1,892,175 one-time expense)
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DESCRIPTION
The County has a Community Investment Project to improve County Road 557 to a four-lane corridor from north of US Highway 17/92 in Lake Alfred, to south of the I-4 Interchange. To allow construction of the new roadway, the County will need to acquire additional right-of-way for the corridor from impacted property owners. The Board previously adopted a resolution authorizing negotiations and written offers to be made on this project.
Parcels 130A and 130B are both irregular shaped fee parcels, containing a total of approximately 9-acres needed for mainline right-of-way, storm water retention and flood plain compensation for the project. The fee parcels constitute the majority, if not all, of the uplands associated with the parent property which is a vacant, irregular shaped parcel, containing approximately 154-acres located along at the southeast corner of County Road 557 and Polk City Road. The project will necessitate the reconstruction of a residential driveway connection to CR 557 and Parcel 722 is a temporary construction easement parcel, containing approximately 430 square feet needed for the driveway reconstruction and harmonization. The County hired an independent appraiser to establish full compensation for the taking of Parcel Numbers 130A, 130B and 722 and the owners, DH Land Group, LLC, a Florida limited liability company, through their attorney, rejected the County's offer. Subsequent negotiations with the owner's attorney have resulted in a proposed settlement amount of $1,650,000 for the purchase of the parcels along with attorney's fees and expert costs/fees in the amount of $232,175 for a total settlement of $1,882,175.
The County Attorney's Office and the Real Estate Services Director have revi...
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