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HomeMy WebLinkAbout119-2012RESOLUTION NO. 119-2012 APPROPRIATING ADDITIONAL FUNDS FOR CIP PROJECT C -319 AND APPROVING THE PURCHASE OF RIGHT -OF -WAY AT 127 HARTZ AVENUE (APN 199 - 330 -034) WHEREAS, the Town of Danville has previously funded Capital Improvement Project C -319 for Hartz Avenue Beautification -Linda Mesa to Railroad; and WHEREAS, in order for the project to move forward, the Town must acquire right -of -way across the frontage of properties on the western side of Hartz Avenue between Linda Mesa and Railroad; and WHEREAS, as a result of negotiations with the owners of 127 Hartz Avenue (the Alfredo F. and Victoria Reyes Trust), the Town has reached an agreement to acquire the needed right - of -way across that property; and WHEREAS, in order to complete the purchase, it is necessary to appropriate additional funds to CIP Project C -319; now, therefore, be it RESOLVED, that the Danville Town Council approves the purchase of right -of -way at 127 Hartz Avenue for the price of $420,000 plus associated costs of escrow and authorizes the Town Manager to take all steps necessary and execute all documents necessary to complete the transaction and authorizes the City Clerk to have recorded all documents necessary to complete the transaction; and, be it further RESOLVED, that the Danville Town Council appropriates $300,000 from the CIP General Purpose Revenue Fund to Town CIP Project C -319 - Hartz Avenue Beautification - Linda Mesa to Railroad. APPROVED by the Danville Town Council at a regular meeting on September 4, 2012, by the following vote: AYES: Arnerich, Storer, Stepper NOES: None ABSTAINED: None ABSENT: Doyle APPROVED AS TO FORM: CITY ATTORNEY ATTEST: 1 CITY CLERK 1VIA Y "it