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<br />· Damage Settlement Agreement <br /> <br />In conjunction with acquiring easement rights for the city, title to certain properties may require additional <br />work to provide the city with clear title to the interests negotiated with the landowners. For example, any <br />existing Deed of Trust or Vendor's Lien held against the property should be subordinated to the rights of <br />the city, and any question concerning the identity, capacity or interest of the signatories should be clarified. <br />Further, agreements should be reached with any other parties holding existing interests in the property by <br />virtue of prior easements, leases or tenancies. For example, if the easement acquired by the city crosses an <br />existing natural gas pipeline, agreements or waivers should be acquired to facilitate the accommodation of <br />the intended improvement by the city while protecting the safety and maintenance of the pipeline system. <br /> <br />. Report on the status of negotiations and easement terms as directed by your office. <br /> <br />Periodically, as requested by the various city departments information regarding mmership, contact <br />information, easement negotiation status, and final easement terms and conditions will be reported to <br />facilitate the planning and activities of other departments and city contractors. For example, you will not <br />only want to be kept updated on the progress of easement acquisition, but also keep your construction <br />contractor aware of any and all obligations of the city related to construction as well as providing timely <br />information regarding how and whom to contact. <br /> <br />Proiect Duration and Cost <br /> <br />The Cottonwood Creek Sewer Project is estimated to require three to four days for each separate tract (3.5 <br />days fur the purposes of this letter). The Clovis Barker Road Improvement Project is estimated to require <br />two to three days (2.5 days for the purposes of this letter). Assuming timely support from the various city <br />departments and contractors, the acquisition phase fur these projects could be completed within <br />approximately 102.5 working days. <br /> <br />Proied <br /> <br />Tracts <br /> <br />Days <br /> <br />CostIDium <br /> <br />Total Cost <br /> <br />CottOllwood Creek <br /> <br />15 <br /> <br />3.5 <br /> <br />$400 <br /> <br />$21,000.00 <br />$23.000.00 <br /> <br />Clovis Barker Road <br /> <br />23 <br /> <br />2.5 <br /> <br />$400 <br /> <br />Total Estimated Services Fee <br /> <br />$44,000.00 <br /> <br />If you have any questions, please give me a call. You can reach me at (512) 847-3779. I look forward to <br />hearing from you. <br /> <br />~~~ .> <br />~~ <br />