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40. ARIZONA STATE LAND DEPARTMENT ESTIMATED ADVERTISING FOR A PUBLIC AUCTION AND BID ON AND PURCHASE AN ASLD PERPETUAL RIGHT OF WAY EASEMENT Authorize the Maricopa County Parks & Recreation Department to spend $1,250 for the Arizona State Land Department (ASLD) estimated advertising for public auction, and authorize the Maricopa County Parks & Recreation Department representative to be present to bid on and purchase on behalf of the County an ASLD perpetual right of way easement. The area over which the easement is sought is known as Segment 14 of the Maricopa Trail, which was application amended alignment, ASLD#16-108106, and is located within existing State Land issued right-of-way number 14-102063. Alignment ASLD#16-108106 is approximately a nine mile corridor (10.51 acres) to be used for the purpose of building a non-vehicular public trail. The estimated value of the easement has been established at a combined appraisal value of $330,888. In addition, ASLD imposes a 3% selling and administrative fee of $9,927. The appraisal value plus the administrative fee result in a combined bid total of $340,815. The Parks and Recreation Department seeks authority to bid up to an expenditure total not-to-exceed $342,065. Funding for this expenditure is budgeted in the FY2008-09 General Fund County Improvement Fund (445). (C-30-03-028-B-02)