SUBJECT
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Approve Right-of-Way Agreement between John T. Storc and Lois M. Storc and Polk County in conjunction with the County Road 557 Project, Parcels 116 and 704. ($73,540 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.
Parcel 116 is a rectangular shaped fee parcel, containing approximately 3,120 square feet, which is needed for mainline right-of-way for the project. The parent parcel is a nearly rectangular shaped parcel containing approximately 2-acres located along the west side of County Road 557 which is improved with a single-family residence. The project will necessitate the reconstruction of a residential driveway connection to CR 557 for the remainder of the parent tract. Parcel 704 is a temporary construction easement parcel, containing approximately 285 square feet, needed for the driveway reconstruction and harmonization. The County hired an independent appraiser to establish full compensation for the taking of Parcels 116 and 704 and the owners, John T. Storc and Lois M. Storc, his wife, through their attorney rejected the County's offer. Subsequent negotiations with the owners' attorney have resulted in a total settlement amount of $73,540 for the purchase of the parcels, inclusive of all attorney's fees and expert's costs.
The County Attorney's Office and the Real Estate Services Administrator have reviewed the agreement and recommend approval. The alternative of acquiring these parcels through condemnation litigation would result in substantial cost to the County. Approving the Right-of-Way Agreement and authori...
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