Title
Grant of Easement to Salt River Project Across City-Owned Property Located at 3402 W. Campbell Ave. (Ordinance S-43885)
Description
Request authorization for the City Manager, or his designee, to grant an electrical easement to Salt River Project (SRP) across City-owned property located at 3402 W. Campbell Ave., for consideration in the amount of the appraised value and other consideration. Further request authorization for the City Treasurer to accept all funds related to this item.
Report
Summary
The electrical easement is required by SRP to make necessary improvements to their electrical infrastructure in order to provide additional power to Grand Canyon University in support of their significant expansion plans in the area. The easement contains approximately 20,349.26 square feet, and will be located along the northern and west property lines with no adverse impact to the property.
Financial Impact
Revenue will be reflective of the market value of the easement.
Location
3402 W. Campbell Ave.
Council District: 4
Department
Responsible Department
This item is submitted by Deputy City Manager Deanna Jonovich, and the Parks and Recreation and Finance departments.