HomeMy WebLinkAbout1992-01-28 - AGENDA REPORTS - ROW ACQUISTION MAGIC MOUNTAIN (2)CONSENT CALENDAR
DATE: January 28, 1992
AGENDA REPORT
City Manager Approv '
Item to be presented by:
Lynn M. Harris%// ttkh L.G�
SUBJECT: MAGIC MOUNTAIN PARKWAY - RIGHT-OF-WAY ACQUISITION
DEPARTMENT: Community Development
The City has been embarking on a project to widen San Fernando Road and Magic
Mountain Parkway from Valencia Boulevard* to Lyons Avenue. A portion of the
San Fernando Road project is currently under construction and is scheduled for
completion within 16 months. The Magic Mountain Parkway portion was expected
to be constructed at this same time; however, funding for this project did not
materialize for this fiscal .year. Although Caltrans has agreed to fund the
project, they indicated that funds would not be available until fiscal year
'93/94.
Before we were notified of the delay in funding, the City Council began
rights-of-way acquisition through condemnation proceedings for San Fernando
Road and Magic Mountain Parkway. We are currently in. the process of
finalizing the amounts to be paid for this right-of-way and the acquisition of
final easements through the courts. Since there was a delay in the funding
for Magic Mountain Parkway, staff is seeking concurrence from the Council to
continue processing right-of-way for Magic Mountain Parkway.
We have recently been notified through Caltrans that the Governor is
attempting to free funds in various roadway construction accounts to construct
projects which are ready for bidding. Magic Mountain Parkway -is one of those
projects and has been submitted to the Governor through Caltrans. The
commitment of funds will not be fully known until the later part of the '91/92
state fiscal year. We expect that the Magic Mountain Parkway project will.be
approved by Caltrans in June of 1992. In order to take advantage of these
funds, the City must have the right-of-way acquisition completed and certified
in order to proceed.
Because this is a very important project to the City's residents and its
circulation system, we feel that continuing with the right-of-way acquisition
at this time is a prudent approach. In addition, based on the current
economic situation, this right-of-way.may be the best price that we could
obtain in the foreseeable future.
RECOMMENDATION
Direct the City Attorney's office and the Community Development department to
continue processing right-of-way acquisition for Magic Mountain Parkway as
originally directed by the Council on March 13, 1991.
hds:584 APPRE-3 Ago , Item: