Title
Easement Exchange Between City of Phoenix and USA Department of Interior for Relocation of Irrigation Facilities within Olney Avenue Right-of-Way (Ordinance S-47671)
Description
Request to authorize the City Manager, or his designee, to execute the necessary documents and accept a quitclaim deed for an easement exchange between the City of Phoenix and the United States of America through its Department of the Interior, Bureau of Reclamation for the purpose of relocating irrigation facilities. Further request to authorize the City Treasurer to accept all funds related to this item.
Report
Summary
An easement exchange is required to relocate irrigation facilities for development of the Estrella Crossings, Phases 1 and 2. The irrigation facilities are currently within the City of Phoenix's (City's) right-of-way along Olney Avenue between 55th and 59th avenues, and will be relocated to the south, partially in City right-of-way and partially on private property.
The City will convey approximately 5,663 square feet, Brookfield Holdings, LLC (Estrella Crossing) will convey approximately 74,923 square feet, and Isola Elliot, LLC will convey approximately 4,792 square feet in easements to the United States of America (USA) to accommodate the relocated irrigation facilities. In exchange, the USA will quitclaim to the City two easements within the right-of-way containing approximately 78,408 square feet.
Financial Impact
Revenue, if any, will be based on the value of the easement conveyed by the City.
Location
Along Olney Avenue, between 55th and 59th avenues.
Council District: 8
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Street Transportation and Finance departments.