Title
Enter into a Contract with John E. Garretson Living Trust for Installation of Two Driveways at 41 E Madison Street (Ordinance S-49154)
Description
Authorize the City Manager, or his designee, to enter into a contract with John E. Garretson Living Trust (Property Owner), for the installation of driveway improvements at 41 E Madison St. Request authorization for the City Treasurer to accept funds from Property Owner to offset costs for additional requested work, and for the City Controller to disburse related funds. There is no impact to the General Fund.
Report
Summary
In 2018, Jefferson Place Partners (JPP) acquired the Barrister Building, located at 101 S. Central Avenue, and surrounding property from the City for development pursuant to a Request for Proposal that was issued in 2015. Following the acquisition, JPP applied to abandon the alleyway that transected the property which was approved with conditions (Conditional Approval 170033C) including one requiring JPP build a new driveway on the subject site to maintain access. JPP chose to facilitate the installation of one driveway as stipulated by the Hearing Officer by entering into a Driveway Prepayment Agreement with the City (Contract 144414-DPA). In 2022, Property Owner requested a second driveway be installed at the same time as the one stipulated and has agreed to pay for any additional costs of the second driveway.
Community and Economic Development Department (CEDD) has worked with Streets Transportation Department to determine a detailed cost estimate. Property Owner will deposit $23,000, the estimated overage, with CEDD and any excess funds will be returned to Property Owner upon completion of the project.
Financial Impact
Property Owner will deposit $23,000, the estimated overage, with CEDD and any excess funds will be returned to Property Owner upon completion of the project. There is no impact to the General Fund.
Location
41 E Madison St.
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Ginger Spencer and the Community and Economic Development Department.