Memorandum

City of Lawrence

TO:	City Manager Mike Wildgen
FROM:	David Corliss, Assistant City Manager
CC:	Scott Wagner, Chuck Soules
Date:	September 30, 2004
RE:	Right-of-Way Acquisition – Folks Road Improvements

Pursuant to Resolution No. 6512 and Ordinance No. 7745 the City has established a special assessment benefit district to improve Folks Road south of West 6^th Street.  Pursuant to the benefit district, the City is acquiring the necessary right-of-way from adjoining property owners for this improvement.  The property interests have been appraised and the review appraisal has confirmed the appraisal figures.

Staff offered the appraisal amount for the necessary right-of-way (11,859 square feet) and temporary construction easements (2,965 square feet) from Pinnacle L.C..  The property owner has accepted this offer ($33,430).

Recommendation:

Staff recommends that the City purchase the necessary property interests from Pinnacle LC in the amount of $33,430.