Agenda

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AI- 41762

Commissioners Court

Meeting Date:	07/11/2016
Sale of Surplus Right-of-Way Adjacent to Wilmeth Road (County Road 161)
Submitted For:	Jeff Durham	Submitted By:	Tracy Homfeld
Department:	Special Projects
Request Type:	CONSENT	Agenda Area:	Miscellaneous

Information

Department Action

The Engineering Department received a request from W/J Wilmeth Ridge, LP regarding the purchase of County owned right-of-way adjacent to property they are developing on Wilmeth Road (CR 161) approximately 1 mile west of Lake Forest Drive (FM 1461).

Collin County acquired right-of-way to widen and upgrade CR 161 in 1997. As stated in a letter from W/J Wilmeth Ridge, LP (copy attached) the City of McKinney is requiring them to realign Wilmeth Road. As such, a portion of the right-of-way acquired in 1997 is no longer needed.

This leaves a two (2) surplus right-of-way parcels totaling 0.427 acres that W/J Wilmeth Ridge would like to acquire from us. In addition, there is a thirty (30) foot road easement that they are asking us to abandon as it will no longer be required.

W/J Wilmeth Ridge, LP purchased the property adjacent to Wilmeth Road in June 2014. The Collin Central Appraisal District (CCAD) shows a current value of $50,000 per acre for this property. Accordingly, W/J Wilmeth Ridge, LP is offering to purchase the surplus right-of-way tracts from Collin County at CCAD value, which is $21,350.00.

Commissioners Court’s consideration of their proposal is requested and we will be available to answer any questions you might have regarding this matter.

Purchasing Department Action

No action by Purchasing.

HR and/or IT Action

Budget Department Action

No action by Budget.

Auditor's Office Action

No action required by Auditor.

Commissioners Court

Sale of two (2) surplus right-of-way parcels (totaling 0.427 acres) adjacent to Wilmeth Road (County Road 161) to W/J Wilmeth Ridge, LP at CCAD value, which is $21,350 and further abandon a 30 foot road easement that is no longer required, Special Projects.

Budget Information

Information about available funds

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Account Code(s) for Available Funds
1:

Fund Transfers

Remarks:

Attachments
Court Order
Memo
Location Map
Request letter
.053 Acre Tract Exhibit
.374 Acre tract Exhibit
Plat Exhibit