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I <br />'1 <br /> i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> ! <br /> I <br /> I <br /> I <br /> I <br /> ! <br /> ! <br /> I <br /> I <br /> I <br /> I <br /> <br />CASE # <br /> <br />AUTHORIZE SETTLEMENT AGREEMENT WITH <br />VASSEUR RIGHT-OF-WAY ACQUISITION <br /> By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />The City has been in negotiations with acquisition of right-of-way property for construc{fion of <br />Pine Drive extension between Variolite and Armstrong Boulevard. The City Attorney Bill- <br />Goodrich and the City Administrator met with Mr. Vasseur and his-attorney on June 28, 200!, <br />and reached a tentative agreement during that meeting. Staff believes that the settlement to <br />purchase the property at the price of $84,000, will be complete pending final authorization by the <br />landowners and their attorney. Council will be further updated 'of the aCquisition during the <br />Council meeting of July 10. <br /> <br />Council Action: <br /> <br />Based upon discussion. <br /> <br />Reviewed by: <br /> <br />City Administrator <br />City Attorney <br /> <br />CC: 07/22/01 <br /> <br />-161- <br /> <br /> <br />