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File #: 21-1557   
Status: Agenda Ready
File created: 10/20/2021 In control: Clark County Board of Commissioners
On agenda: 11/2/2021 Final action:
Title: Approve and authorize Lubawy & Associates, Inc. d/b/a Valbridge Property Advisors to perform appraisal services for Assessor's Parcel No. 161-36-101-004 (Forester Real Estate Group Inc.) which is needed for right-of-way for construction of the Hollywood Boulevard extension between Vegas Valley Drive and Galleria Drive project; appoint Matthew Lubawy, MAI, to appraise the parcel; and authorize the acquisition of the necessary right-of-way by negotiation. (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 Lubawy & Associates, Inc. d/b/a Valbridge Property Advisors to perform appraisal services for Assessor's Parcel No. 161-36-101-004 (Forester Real Estate Group Inc.) which is needed for right-of-way for construction of the Hollywood Boulevard extension between Vegas Valley Drive and Galleria Drive project; appoint Matthew Lubawy, MAI, to appraise the parcel; and authorize the acquisition of the necessary right-of-way by negotiation.  (For possible action)

body

 

 

FISCAL IMPACT:

Fund #:

4120.002

Fund Name:

Mt Plan Capital

Fund Center:

1260110001

Funded PGM/Grant:

PW.BW21520

Amount:

$4,005,000

Description:

Hollywood Blvd Extension - Vegas Valley to Galleria

Additional Comments:

N/A

 

BACKGROUND: 

Right-of-way engineering for the Hollywood Boulevard extension between Vegas Valley Drive and Galleria Drive project has identified that partial acquisition and permanent drainage easement of Assessor's Parcel Number 161-36-101-004 (Forester Real Estate Group Inc.) may be necessary.

The appraisal report identified herein will provide information necessary for acquisition of right-of-way and permanent drainage easement shown on the current plans.  The parcel has been approved for development of a residential community, and acquisition of the necessary rights-of-way at this time will assist in further development of the parcel, and avoid additional acquisition costs.

Authorization to appraise and acquire a portion of the aforementioned parcel is now being sought from the Board of County Commissioners.