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AGENDA INFORMATION SHEET PROJECT: Authorizing acceptance of right-of-way conveyed by Lamar County to the City of Paris for completion of the Hearne Street Extension. BACKGROUND: The City Council of the City of Paris has previously adopted Resolution No. 90-020, requesting the transfer of right-of-way immediately south of the County Jail in order to accommodate the extension of Hearne Street for the purpose of providing adequate turning space for large trucks, thereby supporting the expansion of industries located in the immediate vicinity, and to minimize the impact of such expansion on adjacent residential properties. Subsequently, the Pace Group, in a business retention survey and flexible incentive plan for the City of Paris, dated May 12, 1994, advised the Paris Economic Development Corporation (PEDC) of the inadeqnacy of access roads to Delta Logistics and Rodgers-Wade manufacturing to properly service the expanding business demands of those entities. One approach to alleviate these traffic demands is to extend Hearne Street from 1st Street S.W. to 4th Street S.W. Recently, the PEDC board adopted Resolution No. 99-007 at its September 13, 1999, meeting, and thereafter amended said resolution by official action on November 29, 1999, authorizing the expenditure of PEDC fnnds in an amount not to exceed $265,000.00 to pay the cost of extending Hearne Street from Ist Street S.W. to 4th Street S.W. in order to alleviate the identified traffic problems, and as an economic incentive to the businesses located immediately adjacent thereto to continue to expand their industrial base while at the same time minimizing the traffic impact. Before such street extension can be completed, two segments of right-of-way must be acquired, one from Lamar County. As a consequence, the City has made a specific request of Lamar County for transfer of the necessary right-of-way conditioned upon payment being made of the fair market value of the right-of-way in accordance with State Law and a certified appraisal. The PEDC is prepared to pay the cost of the appraisal and the right-of-way acquisition. DESCRIPTION: The City Council is asked to consider a resolution authorizing the acceptance of the proffered right-ot:way t¥om Lamar County, including the necessary 80 foot right-of-way, plus additional right- of-way owned by the County south of and immediately adjacent to the 80 foot right-of-way which the County Commissioners detemfined they wanted included in the actual transfer. Likewise, the resolution authorizes payment of fair market value for the property as determined by a certified appraisal in accordance with state law. Finally, the City Manager would be authorized to undertake and approve any and all documents incident to the actual transfer. PRESENTED BY: City Manager, Michael E. Malone, and City Attorney, Larry Schenk. RECOMMENDED ACTION: Consideration of the resolution for approval. STAFF CONTACT: City Manager, Michael E. Malone, and City Attorney, Larry Schenk. COST: As determined by the certified appraisal. LOCATION: The proposed right-of-way acquisition is immediately south of the County Jail between 1st and 4th Streets S.W. and lined up appropriately with the current l learne Street right-of-way. SCHEDULE: The actual transfer of deed will occur at some time in the near future following authorization by City Council of acquisition of the right-of-way. COUNCIL DATE: Consider for approval at City Council's Janaary 10, 2000. regular council meeting.