ACTION REQUESTED:
Title
Communication from the City Manager, Director of Public Works, and Interim Corporation Counsel with a Request to APPROVE the PURCHASE of REAL ESTATE Located at 1203 WEST LOUCKS AVENUE, for the Amount of $121,000.00, Plus Closing Costs Estimated at $10,000.00, for a Total Cost of $131,000.00.
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BACKGROUND: This property has been damaged on numerous occasions and the subject of 5 separate traffic incident reports since 2006. Two of those crashes involved a vehicle leaving the roadway and striking the house causing significant damage. Staff has reviewed options for road improvements that might mitigate the condition, however, any options to prevent a vehicle from leaving the roadway at the location would create an addition hazard to the motoring public. Accordingly, the only prudent approach to create a safe condition for all parties is to purchase the property and subsequently remove the structure from parcel.
FINANCIAL IMPACT: $131,000 will be utilized from existing funds within the Capital Fund.
NEIGHBORHOOD CONCERNS: An unsafe condition exists at this location.
IMPACT IF APPROVED: A safe condition for all parties.
IMPACT IF DENIED: The unsafe condition will remain unchanged with no safe alternatives.
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Safe Peoria
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Not applicable.
DEPARTMENT: Public Works