|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 18, 2013|
Agenda Item #41
44th Avenue East (30th Street East to 45th Street East) Road Right of Way Improvement Project - Parcels 108A/B/C (Bear)
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 and attached Addendum from James L. Bear and Jane R. Bear for $370,260.
Chapters 125 and 127, Florida Statutes, Comp 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 December 13, 2012, Appraiser Dan K. Richardson, MAI, of R & W Enterprises, Inc., determined the value of the area for acquisition at: $200,900 for 2.653 acres of land and $63,100 for improvements that include a single family house, two sheds, concrete parking area, gated shell driveway, various fencing, and septic system. Total appraised value of the parcel is $264,000.
A settlement was reached at $370,260 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 $370,260.
County Attorney Review
Other (Requires explanation in field below)
Explanation of Other
Andrea Adibe, Assistant County Attorney, has reviewed contract with seller's attorney and appropriate comments and issues have been included in the contract to the satisfaction of both parties.
Instructions to Board Records
Please return a copy of the executed contract to Andrea Adibe, Assistant County Attorney, email@example.com, Lynn Willis, Property Management, firstname.lastname@example.org, Johnnie Yetter, Project Management, email@example.com, and Tracie Dill, Finance, firstname.lastname@example.org
Cost and Funds Source Account Number and Name
$370,260, 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: cost justif bear 6182013.pdf
Attachment: 44th Ave E 30th-45th St Loc Map.pdf
Attachment: contr bear 6182013_updated.pdf