Title
Voluntary Acquisition of Improved Real Property Located at the Southeast Corner of E. Madison Street and S. 30th Street for Phoenix Sky Harbor International Airport (Ordinance S-52626) - District 8
Description
Request to authorize the City Manager, or his designee, to perform all acts necessary to acquire all rights, title and interest to improved real property located at the following addresses and Assessor Parcel Numbers (APN): 3007 E. Madison Street (APN 121-59-030), 3011 E. Madison Street (APN 121-59-028), 3027 E. Madison Street (APN121-59-029) and 301 S. 30th Street (APNs 121-59-025, 121-59-026, 121-59-027 and 121-59-031C) within the City's appraised value. The acquisition is through a voluntary acquisition process from Sky Harbor North KBC AZ LLC, an Arizona limited liability company (KBC). Further request authorization to provide relocation benefits and assistance as federally allowed and execute other agreements as may be necessary to, and in furtherance of, this acquisition. Additionally, request authorization for the City Controller to disburse, and for the City Treasurer to accept, all funds related to this item.
Report
Summary
The real property to be acquired is strategically located north of Phoenix Sky Harbor International Airport's (Airport) north airfield operations and is within the Airport's North Voluntary Property Acquisition Program.
The real property to be acquired is owned by KBC, consists of seven parcels and is approximately 7.3 acres. The real property is improved with an approximate 32,137 square feet of manufacturing, storage and office buildings and an additional 5,918 square feet of canopies with associated land improvements. The purchase agreement will contain terms and conditions deemed necessary or appropriate. The property is unoccupied. Once the real property is acquired, the Aviation Department will demolish the structures and existing improvements in favor of improvements to support future airport development.
The parcels to be acquired are identified in Attachment A.
Financial Impact
Funding is available in the Aviation Department's Capital Improvement Program.
Location
Southeast corner of E. Madison Street and S. 30th Street.
Council District: 8
Department
Responsible Department
This item is submitted by Deputy City Manager Frank McCune and the Aviation and Finance departments.