BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT: Title
Authorize Acquisition of Real Property from Patrick T. Ferraro and Cari Lynn Hoyt Ferraro, Trustees, for the Coyote Creek Flood Protection Project, Project No. 26174043, APN 467-51-070, Real Estate File No. 4021-323 (San Jose, District 2).
End
RECOMMENDATION: Recommendation
A. Authorize the Interim Chief Executive Officer to execute a Right of Way Agreement between Patrick T. Ferraro and Cari Lynn Hoyt Ferraro, Trustees, and the Santa Clara Valley Water District, for acquisition of APN 467-51-070, located at 315 Brookwood Avenue, San Jose, California, based upon the terms and conditions as set forth in the Agreement;
B. Authorize an incentive payment of $83,000 to Patrick T. Ferraro and Cari Lynn Hoyt Ferraro, Trustees for the Option to Acquire Real Property Interest based on the terms and conditions as set forth in the Agreement; and
C. Authorize the Interim Chief Executive Officer to accept a Grant Deed from Patrick T. Ferraro and Cari Lynn Hoyt Ferraro, Trustees, conditioned upon certification of the Coyote Creek Flood Protection Project Environmental Impact Report.
Body
SUMMARY:
Acquisition of residential real property located at 315 Brookwood Avenue, in San Jose, California, according to the terms of the Right of Way Agreement (Attachment 1) would be necessary to implement flood risk reduction elements of the proposed Coyote Creek Flood Protection Project (CCFPP or Project). The property is owned by Patrick T. Ferraro and Cari Lynn Hoyt Ferraro, Trustees and is shown on the plat and description of Grant Deed No. 4021-323 (Attachment 2). Acquisition of this property is conditioned upon certification of the Final Environmental Impact Report (EIR) and approval of the CCFPP.
PROJECT BACKGROUND
The CCFPP's primary objective is to provide protection from floods up to the level that occurred on February 21, 2017...
Click here for full text