In the matter of an Agreement between Klamath County and J.K. Development Co. for Reimbursement of Roadway Costs. Jeremy Morris, Public Works
Background: In 1998 and 2001, J.K. Development Co. received “entitlement” for the 11th Addition of Sunset Village, Phase 2 without any expiration timeline established. To meet current Land Development Code requirements, Klamath County desires connectivity for utilities and transportation purposes to the neighboring property. Contingent on Items A, B and C (in the attached agreement), Klamath county will reimburse J.K. Development Co. for roadway improvement costs not to exceed $121,550.30.
Recommended Motion: Board to approve and execute the Agreement between Klamath County and J.K. Development Co. for Reimbursement of Roadway Costs. Fiscal Impact is $121,550.30 expenditure to the Road Department Operating Budget.