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File #: ID17-580    Version: 1 Name:
Type: Action Item Status: Passed
File created: 4/12/2017 In control: City Council
On agenda: 5/11/2017 Final action: 5/11/2017
Title: Approve the acquisition of 23.04 acres of fee simple land and street right-of-way on a portion of APN 505-080-29S from property owned by Fermin M. Campos, as Trustee of the Survivor's Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest and Fermin M. Campos as Trustee of the Non-Exempt QTIP Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest, in the amount of $2,637,500 to use as street right-of-way for the construction of the Veterans Boulevard Interchange Project (Council District 2)
Sponsors: Public Works Department
Attachments: 1. 17-580 City of Fresno Vicinity Map, 2. 17-580 Veterans Blvd Interchange Map, 3. 17-580 APN Vicinity Map, 4. 17-580 Signed Purchase and Sales Agreement
REPORT TO THE CITY COUNCIL


May 11, 2017


FROM: SCOTT L. MOZIER, PE, Director
Public Works Department

BY: ANDREW J. BENELLI, PE, City Engineer / Assistant Director
Public Works Department, Traffic and Engineering Services Division

CRAIG L. HANSEN, Supervising Real Estate Agent
Public Works Department, Real Estate Services Section

PETE CALDWELL, Senior Real Estate Agent
Public Works Department, Real Estate Services Section

SUBJECT
Title
Approve the acquisition of 23.04 acres of fee simple land and street right-of-way on a portion of APN 505-080-29S from property owned by Fermin M. Campos, as Trustee of the Survivor's Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest and Fermin M. Campos as Trustee of the Non-Exempt QTIP Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest, in the amount of $2,637,500 to use as street right-of-way for the construction of the Veterans Boulevard Interchange Project (Council District 2)

Body
RECOMMENDATION

Staff recommends the Council authorize the acquisition of 23.04 acres owned by Fermin M. Campos, as Trustee of the Survivor's Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest and Fermin M. Campos as Trustee of the Non-Exempt QTIP Trust under the Fermin and Veronica Campos Family Trust as Amended and Restated in 2008, as to an undivided one-half (1\2) interest for $2,637,500 to be used as street right-of-way for the Veterans Boulevard Interchange Project; and authorize the Public Works Director, or his designee, to sign all documents necessary to complete the transaction.

EXECUTIVE SUMMARY

The City of Fresno, in cooperation with the California Department of Transportation (Caltrans), proposes to build a new interchange over State Route 99 plus supporting roadw...

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