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THE CITY OF CITY COUNCIL AGENDA REPORT PLEASANTON. March 7, 2023 Engineering TITLE: APPROVE THE FINAL TWO PURCHASE AGREEMENTS TO ACQUIRE THE PUBLIC RIGHT-OF-WAY NEEDED TO CONSTRUCT THE TRAFFIC MITIGATION MEASURES FOR THE JOHNSON DRIVE ECONOMIC DEVELOPMENT ZONE PROJECT, CIP NO. 21596 SUMMARY The City is required to acquire the right-of-way needed to construct the Johnson Drive Economic Development Zone (JDEDZ) Project's traffic mitigation measures identified in the project's environmental documentation. Acquisition of the right-of-way needed from one of 10 properties on Johnson Drive affected by the JDEDZ Project was completed in September 2021. Acquisition of the right-of-way needed from seven more of the affected properties was accomplished in July 2022. Negotiation with each of the final two property owners is now complete. The negotiated purchase price for the two properties combined, including estimated title insurance and escrow fees, totals $229,762. Since the negotiated purchase price for each property is similar to the property appraisals and consistent with the amount paid for the right-of-way needed from other properties on Johnson Drive, staff believes the negotiated costs to be fair and reasonable. The JDEDZ ROW and Misc. Project, CIP No. 21596, was created to fund the purchase of most of the right-of-way needed for the JDEDZ Project, including the right-of-way represented by these final two purchase agreements. However, the previous right-of-way purchases, as well as some other minor miscellaneous project expenses, have reduced the balance available in CIP No. 21596 to $44,124. It is recommended the City Council approve the final two purchase agreements, which will allow for all improvements included in the JDEDZ Traffic Mitigation Measures Improvement Plans to be constructed, as well as approve the transfer of $190,000 from the Dublin Freeway Reimbursement Reserve, CIP No. 98590, to the JDEDZ ROW & Misc. Project, CIP No. 21596, to fully fund the purchase of the right-of-way in accordance with the terms of the purchase agreements, as well as provide the ability to pay for other minor miscellaneous expenses should it be necessary. RECOMMENDATION 1. Approve the two purchase agreements for the right-of-way necessary to construct the work as shown on the JDEDZ Traffic Mitigation Measures Improvement Plans. 2. Approve the transfer of $191,000 from the Dublin Freeway Reimbursement Reserve, CIP No. 98590 to the JDEDZ ROW and Misc., CIP No. 21596, to fully fund the right- of-way purchases in accordance with the terms in the two agreements.