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RESOLUTION R-2021-28: A RESOLUTION OF THE COUNCIL OF THE CITY OF NORMAN, OKLAHOMA, AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY, MORE PARTICULARLY HEREINAFTER DESCRIBED, ALL WITHIN THE CITY OF NORMAN, COUNTY OF CLEVELAND, STATE OF OKLAHOMA, FOR THE PURPOSE OF THE PORTER AVENUE AND ACRES INTERSECTION BOND PROJECT IN THE CITY OF NORMAN; AND DECLARING THE NECESSITY FOR ACQUIRING SAID PROPERTY FOR ROADWAY PURPOSES, AND AUTHORIZING INITIATION OF EMINENT DOMAIN PROCEEDINGS FOR THAT PURPOSE.
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BACKGROUND: On April 2, 2019, the citizens of Norman voted in favor of a $72 million transportation bond issue, which includes nineteen (19) projects. With the anticipated $67 million in federal dollars being leveraged for these projects, approximately $139 million is budgeted for the nineteen (19) projects.
Proceeds from bond sale associated with the 2019 Transportation Bond Program, dated June 1, 2019, were received by the City and placed into the 2019 Transportation Bond Account, Account 50-29000. Upon adoption of the FYE 2020 Budget, funds were appropriated from the 2019 Transportation Bond account into fund accounts for several of the earliest scheduled projects within the 2019 Bond Program, including appropriation of funds for the Porter Avenue and Acres Intersection Bond Project.
Proposed improvements for this Project include:
1. New left turn lanes on Porter Avenue
2. New traffic signal and ADA-compliant pedestrian controls
3. Stormwater drainage system
4. Sidewalks and Accessibility
5. Streetscape Enhancements and Landscaping
The estimated total cost of this project is $2,674,100.
The City contracted with Smith Roberts Land Service Inc., acquisition agent, to acquire the necessary property within the project boundaries to construct and maintain the proposed project. On acquisitions valued over $10,000, an appraisal of the property is required to determine fair market value for the parcel. Acquisitions less than $10,000 utilize values from rec...
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