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Agenda 03/24/2026 Item #16K 8 (Approve a Stipulated Final Judgment in the amount of $90,000 plus $35,216 in statutory attorney and experts’ fees and costs for the taking of Parcel 1362FEE)3/24/2026 Item # 16.K.8 ID# 2026-736 Executive Summary Recommendation to approve a Stipulated Final Judgment in the amount of $90,000 plus $35,216 in statutory attorney and experts’ fees and costs for the taking of Parcel 1362FEE required for the Vanderbilt Beach Road Extension Project No. 60249. OBJECTIVE: To settle full compensation for the taking of Parcel 1362FEE required for the construction of the Vanderbilt Beach Road Extension Project No. 60249. CONSIDERATIONS: On July 9, 2024, the Board authorized, via Resolution No. 2024-135, the condemnation of Parcel 1362FEE for the construction of roadway, drainage and utility improvements required for the expansion and extension of Vanderbilt Beach Road from 16th Street NE to Everglades Blvd. The fee simple acquisition area consists of a strip taking along the rear, northern boundary of the property and is approximately 0.34 acres in extent. The parent tract is vacant unimproved property owned by Debashree Mukherjea and contains 2.27 acres of gross land area, which will be reduced to 1.93 acres after the acquisition. An aerial photograph of the subject property is attached. The County’s appraiser estimated full compensation at $49,600 including severance damages. The property owner’s initial demand was $112,100 plus attorney’s fees and expert fees and costs. The parties participated in informal negotiations and reached an agreement. The attached Stipulated Final Judgement reflects a negotiated compensation amount of $90,000 plus $13,332 in statutory attorney’s fees, $21,884 in expert fees and costs, for a total of $125,216. Staff recommends approval of this Stipulated Final Judgment since a better result is not anticipated at trial. Upon approval, the County Attorney’s Office will file the Joint Motion and Stipulated Final Judgment with the Circuit Court. This item is consistent with the Collier County strategic plan objective to design and maintain an effective transportation system to reduce traffic congestion and improve the mobility of our residents and visitors. FISCAL IMPACT: County is entitled to a credit of $49,600 for its good faith estimate of value. Funds of $75,616, are available in the Vanderbilt Beach Road Extension Project Capital Fund, Project 60249. The primary funding source for the acquisition of right of way is through Road Impact Fee District Funds (3090, 3091, 3092, 3093, 3094, 3095) in the Vanderbilt Beach Road from 16th to Everglades Project (60249). Should impact fees not be sufficient, the secondary funding source will be Road Construction Gas Tax Fund (3083) and Transportation Capital Fund (3081). GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires a majority vote for Board approval. – CMG RECOMMENDATION(S): To approve the attached Joint Motion and Stipulated Final Judgment and authorize the payment of funds as stated herein. PREPARED BY: Robert Bosch, Manager, Manager ROW Acquisition, Operations and Performance Management ATTACHMENTS: 1. Stip Final Judgment signed by Bartlett 2. Aerial - Parcel 1362FEE Page 6299 of 6641 Page 6300 of 6641 Page 6301 of 6641 Page 6302 of 6641 Page 6303 of 6641 Page 6304 of 6641 Page 6305 of 6641 AERIAL – PARCEL 1362FEE (VANDERBILT BEACH RD EXT (PH 2) PROJECT NO. 60249 PARCEL 1362FEE / 10th Ave NE Page 6306 of 6641