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Los Ranchos approves two property purchases for El Pueblo–4th Street roundabout and stormwater pond using COVID‑relief funds
Summary
Trustees approved two purchase contracts for parcels needed for a planned roundabout and an associated stormwater holding pond; presenters said purchases are under contract, funded with federal COVID Rescue Relief funds and tied to an approved design. The motions passed on roll calls recorded as 3‑0.
The Board of Trustees approved two separate purchase contracts on Jan. 20 to acquire land for a planned traffic calming project at El Pueblo and 4th Street.
A staff presenter identified in the packet as Miss Rinaldi described Resolution 2026‑01‑03 as a purchase of a small portion of an existing parcel needed for a roundabout as part of the 4th Street revitalization Phase 2B. Trustees questioned appraisal differences between partial takings—one appraisal was roughly 20% higher than a comparable appraisal for a…
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