ITEM TITLE:
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Approval to Submit Application to the Alaska Department of Transportation & Public Facilities to Vacate & Acquire Portions of Dayville Road Right-of-Way
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SUBMITTED BY: Lisa Von Bargen, CED Director
FISCAL NOTES:
Expenditure Required: $400
Unencumbered Balance: $601,820
Funding Source: 350-8000-55000.582 (Reserve Fund - Land Development)
RECOMMENDATION:
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Approve Submittal of Application to the Alaska Department of Transportation & Public Facilities to Vacate & Acquire Portions of Dayville Road Right-of-Way.
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SUMMARY STATEMENT:
Portions of the hatchery facilities owned by Valdez Fisheries Development Association (VFDA) adjacent to Dayville Road are located within the Right-of-Way (ROW) owned by the Alaska Department of Transportation (ADOT). This requires VFDA to obtain and regularly renew an air space permit for this ROW encroachment. ADOT has expressed an interest in vacating this portion of the Dayville Road ROW. However, when ROW is vacated, it is the adjoining landowner that must request the vacation. The City of Valdez is the land owner of the vast majority of the existing property. This land is leased by the City to VFDA. There is also a small footprint of land in this area owned by the Alaska Department of Natural Resources (DNR). VFDA leases this land from DNR and has submitted a request to purchase it.
VFDA has submitted a formal request to the City of Valdez to request this ROW vacation by ADOT. The process is as follows:
* The City submits an application for ROW vacation and acquisition
* ADOT puts together a proposal and circulates it for internal review
* The property is surveyed - the City hires the surveyor and covers this cost (the property may come with some utility and drainage easements)
* The property is appraised - the City hires the appraiser and covers this cost
* ADOT reviews and gets to approve the appraisal. If ADOT owns the ROW in fee the sales price is the full appraised value. If the ROW is an eas...
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