|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - July 30, 2013|
Agenda Item #43
44th Avenue East (30th Street East to 45th Street East) Road Right of Way Improvement Project - Parcel 106 (Green)
Contact and/or Presenter Information
Lynn Willis, Property Management, x 6287
Joaquin Servia, Division Manager, Property Acquisition, x 3021
Authorization for Chairman to execute a Contract for Purchase for a Warranty Deed from The Mary Fulford Green Living Trust for $88,454.
Chapters 125 and 127, Florida Statutes, Comprehensive Plan - Goal 5.1 addresses the safety and efficiency of forecasted vehicular demands.
The original 44th Avenue East Road Right of Way Improvement Project was approved in the FY 1994/1995 CIP on February 25, 1994, and re-approved in FY 2009/2010 CIP on September 15, 2009, Resolution R-09-219.
On April 29, 2013, Appraiser Dan K. Richardson, MAI, of R & W Enterprises, Inc., determined the value of the area for acquisition at: $56,200.00 for 1.274 acres of vacant land.
A settlement was reached at $88,454.00 for a total take of the property, inclusive of all fees and costs. The above quoted purchase price is a negotiated figure representing a litigation avoidance settlement which eliminates additional costs for litigation, including fees for attorneys, property appraisers, land planners, engineers, and surveyors, as illustrated in the Cost Avoidance Analysis attached.
The Contract for Purchase for a Warranty Deed and attached Addendum is hereby submitted to the BCC for execution in the amount of $88,454.00.
County Attorney Review
Not Reviewed (Utilizes exact document or procedure approved within the last 18 months)
Explanation of Other
Instructions to Board Records
Please return a copy of the executed contract to Sandra Murphy, Legal Assistant, County Attorney's Office, firstname.lastname@example.org, Lynn Willis, Property Management, email@example.com, Johnnie Yetter, Project Management, firstname.lastname@example.org, and Tracie Dill, Finance, email@example.com.
Cost and Funds Source Account Number and Name
$88,454.00, 335-6071160, 44TH Avenue East (30th Street East to 45th Street East) Road Right of Way Improvement Project
Amount and Frequency of Recurring Costs
Attachment: Contract for Sale Green P 106.pdf
Attachment: 44th Ave Ph IV P106 Admn Adj.pdf
Attachment: 44th Ave E 30th-45th St Loc Map.pdf