File #: 24-292   
Status: Agenda Ready
File created: 2/22/2024 In control: Clark County Board of Commissioners
On agenda: 3/5/2024 Final action:
Title: Approve and authorize the acquisition by negotiation of a portion of Assessor's Parcel Number 191-04-501-002 (Kun H. & Jung O. Park and Hye S. Kim) needed for construction of the Starr Avenue between Las Vegas Boulevard and Bermuda Road project; and authorize the County Manager or his designee to sign future escrow instructions and any pertinent documents necessary to complete the acquisition process. (For possible action)
Attachments: 1. Staff Report

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

 

Petitioner:

Denis Cederburg, Director of Public Works

Recommendation: 

title

Approve and authorize the acquisition by negotiation of a portion of Assessor's Parcel Number 191-04-501-002 (Kun H. & Jung O. Park and Hye S. Kim) needed for construction of the Starr Avenue between Las Vegas Boulevard and Bermuda Road project; and authorize the County Manager or his designee to sign future escrow instructions and any pertinent documents necessary to complete the acquisition process.  (For possible action)

body

 

 

FISCAL IMPACT:

Fund #:

4990.991

Fund Name:

Public Works Regional Improvements/RTC

Fund Center:

1260110001

Funded PGM/Grant:

PW.R245AFT

Amount:

$55,000 (includes acquisition, escrow and title costs)

Description:

Starr - Las Vegas Boulevard to Bermuda

Additional Comments:

N/A

 

BACKGROUND: 

On February 07, 2023, the Board of County Commissioners appointed Lubawy & Associates, Inc. d/b/a Valbridge Property Advisors (Matthew Lubawy, MAI) to appraise and fix the value of a portion of Assessor's Parcel Number 191-04-501-002 (Kun H. & Jung O. Park and Hye S. Kim) for consideration of right-of-way needed for construction of the Starr Avenue between Las Vegas Boulevard and Bermuda Road project. Based upon review of the appraisal report, it was determined that the appraised value is reasonable and within the project's budget.

Authorization to initiate negotiations to acquire the aforementioned parcel is now being sought from the Board.