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HomeMy WebLinkAbout07-159 DATE SUBMITTED: June 20, 2007 BLLL# 07-/51 AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Grant of Easement to Puget Sound Energy (PSE) on City Property at Northeast Comer of Park Avenue and Burwell Street. Committee Meeting Date: June 27, 2007 COUNCIL MEETING Date: July 2, 2007 Department: Econ. Development Presenter: Gary Sexton Phone: 473-5282 SUMMARY: Puget Sound Energy has approached the City of Bremerton to purchase an easement for their electrical equipment to be located on the City property at the northeast comer of Park A venue and Burwell Street. The properties have been previously burdened by a PSE easement granted by the City in 1990. As part of the negotiations for the new easement, PSE will be relinquishing these easements and compensating the City for use of the property. ATTACHMENTS: 1. Council Summary; 2. Exhibit Map of Easement Area FISCAL IMPACTS (Include Budgeted Amount): PSE will compensate the City 50% of the land value for the easement, using the property valuation from the recent property purchase by WSDOT for the Downtown Tunnel Project. Total compensation will be $15,060.00 for a total of 1,004 square feet. Funds will be deposited in the Parking System Fund - as the property impacted by this easement agreement is a City Parking System asset. APPROVALS: ECON. DEVELOPMENT: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MA YOR: COMMITTEE CHAIR COUNCIL PRESIDENT: .~~ CONSENT AGENDA )8l GENERAL BUSINESS D PUBLIC HEARING D RECOMMENDED MOTION: Move to approve the sale of the easement and authorize the Mayor to finalize and execute any and all documents necessary to close the transaction. COUNCIL ACTION: ~pprovc aw, Agenda Bills, ILA Amendments G and H D Deny D Table D Continue D No Action