www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - November 7, 2017
REVISED November 7, 2017 - Regular Meeting
Agenda Item #37


Subject
Execution of Contract for Sale and Purchase from Johnathan William Davison for the property located at 4412 51st Street East, Bradenton, Florida 34206 PID#1697500054

Briefings
None

Contact and/or Presenter Information

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

Chris Munyon, Real Property Specialist, Property Acquisition Division, Property Management, Extension 6285



Action Requested
  • Execution of Contract for Sale and Purchase with Johnathan William Davison 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 115 is a residential site improved with a single-family residence located at 4412 51st Street East.
  • This homestead parcel serves as the primary residence.
  • Independence Acquisition and Appraisal, LLC, was assigned to handle and negotiate with the owner's attorney to reach agreement for the land. 
  • On March 15, 2017, Appraiser Shawn Wilson, MAI, Compass Real Estate, determined a total acquisition value at $149,000.00 for land and improvements. 
  • Johnathan William Davis, the owner, retained attorney, Anthony V. Policastro with Policastro Law Group, LLC. The owner's appraiser valued the land and improvements at $259,500.00.
  • A settlement was reached in the amount of $242,130.00 for land/improvements and includes legal and expert costs.
  • Manatee County, as the condemning authority, is required to pay a landowner's attorney fees and reasonable and necessary expert costs in eminent domain proceedings.
  • As part of the settlement, owner will be granted extended possession of the property until June 30, 2018. 
  • This is a total acquisition of the parcel.


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 Chris Munyon at chris.munyon@mymanatee.org, Johnnie Yetter at johnnie.yetter@mymanatee.org, and Eric Shroyer at eric.shroyer@mymanatee.org.

Cost and Funds Source Account Number and Name
Settlement costs of $210,000.00 to 399-6086960, 44th Avenue East - 45th Avenue Plaza East

Amount and Frequency of Recurring Costs
N/A


Attachment:  Contract for Sale and Purchase Parcel 115.pdf
Attachment:  Cost Avoidance Analysis Parcel 115.pdf
Attachment:  Location Map Parcel 115.pdf