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REQUEST FOR COUNCIL ACTION DATE: March 18, 19• 1 <br />0-0 <br />Depiart,me,nt Approval, <br />Manager Reviewed: Agenda Section, <br />L/ <br />Reports and recommendations <br />61 <br />Item, Descriptiion,t Right-of-way acqu,is,ition for American Street, approval of <br />earnest <br />fly ioney contract <br />On july 9. 198,4i, the Roseville Council ordered the construction of American Street, <br />fiesignated. as Project 184,*71,, The purpose of thilis street is to serve the new shopping <br />centers n,orthi olf Rosedale, Approximately half of the right-of-oway needed for this <br />,street was dedicated in conJunction witih thile Pavilion Place Shopping Center. <br />Howeivery the.baliance of the right-of-way must be aoquired from the small Audio King <br />shopping, center and bank, <br />Thie city has negiotiiateid wiiithi the owner of tihei small shopping center to purchase the <br />requiried right-of-oway for a cost of' $5,1700 caisih, plus approximately $11,710 of on. <br />:.Y impriovementis,., Ain earnest, money contract has been prepared Outlining the terms <br />I <br />of' tih3"'.,si agreement which has been signed bly tihe property owner. <br />RECOVNENDED COUNCIL ACTION: Ado, I <br />ption, of a miotiion aiuthorizing the mayor and manage <br />to, sigin an earin,esti money contract for purchase of <br />rigbt-iof-way for American Street from the Audio King <br />shopping center parcel, I <br />