Title
Acceptance of the Possession and Use Agreement for the Adams Road Parcel 12, Adams Road right-of-way property to be acquired as part of Adams Road relocation
Body
Whereas, a Possession and Use Agreement is a legal instrument providing the City control of a parcel for the acquisition of the necessary right-of-way property and temporary construction easement; and
Whereas, the City has an Accepted Possession and Use Agreement for Parcel 15-30-302-016, entered into by and among the City of Rochester Hills and James and Beverley Barton, as shown on the attached map as Parcel 12; and
Whereas, the source of funds for this acquisition is budgeted in the LDFA on line 848-93000, Land - ROW.
Resolved that the Rochester Hills City Council hereby approves payment in the amount of $24,498.36 for estimated just compensation and permanent possession of Parcel 12 (15-30-302-016) to James and Beverley Barton, owner(s).
Further Resolved that the Mayor is authorized to release a check for payment in accordance with the Possession and Use Agreement, thereby granting the City the right of use of this land.