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HomeMy WebLinkAboutA002 - Council Action Form dated February 28, 1989 COUNCIL ACTION FORM Item # , Date: February 28, 1989 SUBJECT: Acceptance of Airport Avigation Easement from Wendover Investments Inc. BACKGROUND: The City accepted FAA Airport Grant No.3-19-0004-07 in April, 1989 with land acquisition in the amount of $358,485. The land is being purchased in order to extend Runway 1-19 to an ultimate length of 5,700 feet. The project involves acquiring 67 acres by fee title and 9.8 acres of easement. Settlement has been reached with Wendover Investments Inc. for the sale of 1.19 acres of avigation easement. Originally, the property was ap- praised and sought for clear zone easement rights in the amount of $12,000. During negotiations, the clear zone easement was reduced to a less restrictive avigation easement for the same price of $12,000. The FAA has approved this agreement and will pay for 900 of the cost. The local share of $1,200 will be paid from the Airport Construction Fund. ALTERNATIVES: 1. Approve the purchase agreement for $12,000. 2. Reject the purchase agreement and continue negotiations, possibly resulting in condemnation proceedings MANAGER'S RECOMMENDED ACTION: It is recommended by the City Manager that the City Council approve the purchase agreement for 1.19 acres of avigation easement from Wendover Investment Inc. at a cost of $12,000. COUNCIL ACTION•