www.mymanatee.org
Manatee County Government Administrative Center First Floor, Commission Chambers 9:00 a.m. - January 9, 2018
January 9, 2018 - Regular Meeting
Agenda Item #31


Subject
Execution of Contract for Sale and Purchase from Glenn W. Morgan Jr. and Mary Virginia Morgan for property located at 5008 44th Ave East, Bradenton, Florida PID#1697310009

Briefings
None

Contact and/or Presenter Information

Joy Leggett-Murphy, Property Acquisition Division Manager, Property Management Department, Extension 3439

Charles Meador, Real Property Specialist, Property Acquisition Division, Property Management Department, Extension 6289



Action Requested
  • Execution of Contract for Sale and Purchase with Glenn W. Morgan Jr. and Mary Virginia Morgan for the purpose of the 44th Avenue East Road Improvement Project from 45th Street East to 44th Avenue Plaza East.


Enabling/Regulating Authority
  • Chapters 125 and 127, Florida Statutes. Manatee County Comprehensive Plan Goal 5.1 addresses the safety and efficiency of forecasted vehicular demands.


Background Discussion
  • The 44th Avenue East Road Improvement Project from 45th Street East to 44th Avenue Plaza East was approved in FY 2014 (Project Number 6086960).
  • Parcel 114 is a partial acquisition of 6,950 square feet of a homestead parcel.
  • On March 16, 2017, Appraiser, Nick Chop, MAI, Florida Valuation, determined the value of the area for acquisition at $90,150.00; Land and Improvements taken, $21,000,00; Damages, incurable $49,600.00; Cost to cure, $19,550.00.
  • A settlement was reached at $160,000.00 eliminating additional costs for litigation fees or expert fees associated with this agreement.


County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
Please return a copy of the executed contract to Charles Meador at Charles.meador@mymanatee.org, Johnnie Yetter at Johnnie.yetter@mymanatee.org, Eric Shroyer at Eric.shroyer@mymanatee.org, and Angie Stevenson at astevenson@iaallc.com.

Cost and Funds Source Account Number and Name
Settlement costs of $160,000.00 to 399-6086960, 44th Avenue East - 45th Street East to 44th Avenue Plaza

Amount and Frequency of Recurring Costs
N/A


Attachment:  Contract for Sale and Purchase.pdf
Attachment:  Cost Avoidance Analysis.pdf
Attachment:  Location Map.pdf