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Shorewood to pay $76,500 for easement acquisition tied to bridge reconstruction
Summary
The board approved a $76,500 settlement payment to the Provence family to acquire a dedication and temporary construction easement for a road/bridge reconstruction project; staff said most of the cost is reimbursable under an STP bridge grant.
Public Works presented a settlement agreement from the eminent domain process for the bridge reconstruction project and asked the board to approve a payment of $76,500 to the Provence family for acquisition of a dedication and temporary construction easement. Director Noriega said the village's STP bridge grant covers a maximum reimbursement of $80,000 for land acquisition and that approximately 99% of the $76,500 will be covered by the grant.
Trustees moved and approved the resolution authorizing the payment. Noriega noted the village still has a balance of grant reimbursement to reconcile but recommended approving the settlement to clear property interests needed for the reconstruction work.
