Broken Arrow City Council
Meeting of: 07-05-2016
To: Mayor and City Council
From: Engineering and Construction Department
Title:
title
Consideration, discussion, possible approval of and authorization to execute a negotiated Contract for Sale of Real Estate for a tract of land located at the southeast corner of First Place and Washington Street, part of the North Half of the North Half of the Northwest Quarter of the Northwest Quarter, less the east 858 feet and less the west 63 feet for roadway and less the north 60 feet thereof for roadway, Section 23, Range 18 North, Township 14 East, Tulsa County, 2.466 acres, for New Fire Station No. 7 (Project No. 173513)
End
Background:
In 2015, the Fire Department contracted with The Ludwig Group for a Deployment Analysis Study to determine the most advantageous locations for future fire stations. The Study was completed in August 2015. The approximately 2.5-acre property at the southeast corner of Washington Street (91st Street South) and First Place, was within the area recommended for the new Fire Station No. 7 location. The attached Contract for Sale of Real Estate to the City of Broken Arrow from Chae Song Ko and Young Eun Ko, husband and wife, has been negotiated by Contract Right-of-Way Agent Mike Craddock in the amount of $210,000.00. The Fire Department and Engineering and Construction Department Staff has reviewed this action and recommends approval.
A pay authorization of $1,000.00 for earnest money, to be applied to the purchase price, is on the claims list. Estimated closing costs are an additional $5,000.00.
Cost: $ 1,000.00 Earnest Money
$ 209,000.00 Land Purchase
$ 5,000.00 Closing Costs (Estimated)
$ 215,000.00 Total
Prepared By: Jeff Bigby, PE, CFM, Acting Director of Engineering and Construction
Reviewed B...
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