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SUMMARY OF R-O-W ACQUISITION <br /> <br />25 Properties to acquire 6,888 feet of 27-foot wide right-of-way or 4.2 acres <br />21 Property owners <br />12 Raze/relocations <br /> <br />14 Acquisitions would create 12.02 acres for redevelopment <br /> <br />COST OF RIGHT-OF-WAY <br /> <br />150,660 sq, ft. ~ 1.10/sq. ft. <br />12 properties @ 85,000 <br />25 properties acquisition costs ~ 1,000 ea. <br />12 relocations ~ 20,000 ea. <br />12 properties razed ~ 4,000 ea. <br /> <br />$165,700 <br />1,020,000 <br />25,000 <br />240,000 <br />48,000 <br />1,498,700 <br /> <br />Say 1,500,000 <br /> <br /> <br />