Title
APPROVE PURCHASE OF LOT NO. 1 OF THE VILLAGE AT OVERLOOK PUD
COUNCIL STRATEGIC INITIATIVE ADDRESSED:
Provide sustainable water quality & environmental infrastructure.
SUMMARY STATEMENT:
The City’s Main Reservoir is located on the hillside between Cedar Place and Alexia Court. Beginning this summer, the City will replace two pump stations at the reservoir, replace reservoir soffit screening and vents, replace potable water and drainage piping on the site, and replace approximately 850 LF of 20-inch water transmission main underneath the access road to the reservoir.
Current access to the reservoir site is on a long gravel road behind homes along Cedar Place. The existing road creates dust in the summer, has a steep grade at the entrance to the reservoir site, and requires regular maintenance during wet weather due to runoff. The access road will be unavailable during replacement of the transmission main, and traffic to the reservoir site will increase dramatically during other construction activities, affecting the residents abutting the access road.
The developer of the Village at Overlook PUD has a number of lots for sale adjacent to and above the reservoir site on Alexia Court. Purchase of Lot No. 1 will provide alternative access during construction, and will allow construction of a shorter, asphalt access road at a more gradual grade than the current access road, providing better long-term access to the reservoirs and pump stations. Lot No. 1 is identified as Parcel No. 103660801.
FINANCIAL SUMMARY:
Staff has negotiated a reduced purchase price of $50,000.00 for this property, plus closing costs, for a total estimated cost of $55,000.00. The cost of this purchase will be paid from the Water Construction Fund.
RECOMMENDED ACTION:
Motion approving purchase of Lot No 1.
STAFF CONTACT:
Craig Bozarth, City Engineer