www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - March 8, 2016
REVISED March 8, 2016 - Regular Meeting
Agenda Item #24


Subject
Execution of Contract for Sale and Purchase from Paul Yoder and Linda Yoder for property located at 5212 45th Street East, Bradenton, Florida 34203 PID 1698300058

Briefings
None

Contact and/or Presenter Information

Margaret Daniell, Interim Property Acquisition Division Manager, Property Management, Extension 3009

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



Action Requested
  • Execution of Contract for Sale and Purchase with Paul Yoder and Linda Yoder for the purpose of the 45th Street East Road Improvements from State Road 70 to 44th Avenue East in the amount of  $450,000.00.


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 45th Street East road improvements project from State Road 70 to 44th Avenue East was approved in the FY 2013-2017 CIP 382-6025562.
  • Parcel 200 consists of 72,809 square feet of acquisition and is a full take acquisition of the parcel.
  • An appraisal dated March 3, 2015, by Shawn Wilson, MAI, Compass Real Estate Consulting, Inc., determined the value at $280,000; $220,000 for land taken and $60,000 for improvements taken.
  • A settlement was reached for $450,000 and eliminates the need for eminent domain and additional litigation fees and costs.


County Attorney Review
Other (Requires explanation in field below)

Explanation of Other
Pamela D'Agostino, Assistant County Attorney, assisted in negotiations and drafting the conveyance documents.

Reviewing Attorney
D'Agostino

Instructions to Board Records
Please return a copy of the executed contract to Charles Meador at charles.meador@mymanatee.org and Johnnie Yetter at johnnie.yetter@mymanatee.org

Cost and Funds Source Account Number and Name
Settlement costs of $450,000.00 to Project Number 382-6025662, 45th Street East (SR 70 to 44th Avenue East) Road Improvement Project

Amount and Frequency of Recurring Costs
N/A


Attachment:  Yoder - Contract for Sale and Purchase.pdf
Attachment:  Location Map.pdf