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WS – Item 4 <br />WORK SESSION STAFF REPORT <br />Work Session Item No. 4 <br />Date: August 2, 2021 <br />To: City Council <br />From: Michael Grochala, Community Development Director <br />Re: 77th Street Realignment –Land Acquisition <br />Background <br />The City’s sale of property to Vaquero Ventures will necessitate the relocation and construction <br />of 77th Street. This is a long anticipated project and the City acquired a large portion of the <br />proposed right-of-way in 2019 with the purchase of the property at 7685 Lake Drive. A second <br />parcel is expected to be dedicated as part of the Vaquero Ventures parcel development. This <br />leaves two smaller areas for acquisition to complete the right-of-way needs. <br />While staff is working with the City Attorney to draft the Road Relocation Escrow Agreement <br />(RREA) as provided for in the Purchase Agreement, we would like to commence discussion with <br />abutting properties regarding the remaining right-of-way acquisition. The two parcels, located at <br />the west and east ends of the project area, are approximately 2,300 square feet and 566 square <br />feet in area. <br />Staff is recommending the City begins the acquisition process for these two properties. <br />Regardless of the outcome of the Vaquero Ventures project, it would be beneficial to have the <br />right-of-way under City ownership. <br />If acceptable to the Council, staff will bring back a proposal for consultant services to assist with <br />the acquisition process. <br />Requested Council Direction <br />Staff is requesting council direction to pursue acquisition of the property located at 7685 Lake <br />Drive. <br />Attachments <br />1.General Road Layout <br />2.Right-of-Way Exhibit