Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 7, 2013
May 7, 2013 - Regular Meeting
Agenda Item #25

Distressed Asset Buyers, LLC, Parcel 116, Acquisition for 44th Avenue East (30th Street East to 45th Street East) Road Right of Way Improvement Project


Contact and/or Presenter Information

Lynn Willis, Property Management, Ext. 6287

Joaquin Servia, Division Manager, Property Management, Ext. 3021

Action Requested

Acceptance of, and authorization to record Warranty Deed from Distressed Asset Buyers, LLC.

Authorization to record Affidavit of Ownership and Encumbrances from Distressed Asset Buyers, LLC.

Enabling/Regulating Authority

Chapters 125 and 127, Florida Statute, Comp Plan - Goal 5.1 addresses the safety and efficiency of forecasted vehicular demands.

Background Discussion

The original 44th Avenue East Road Right of Way Improvement Project was approved in the FY 1994/1995 CIP on February 25, 1994, and reapproved in FY 2009/2010 CIP on September 15, 2009, Resolution R-09-219.

On March 12, 2013, the BCC executed a Contract for Sale and Purchase for a Warranty Deed of Parcel #116 from Distressed Asset Buyers, LLC, in the amount of $50,500.

On April 3, 2013, a closing was conducted by American Acquisition Group, LLC.

The conveyance documents are hereby presented for execution, acceptance and/or recording.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other

Reviewing Attorney

Instructions to Board Records
Notification of document acceptance and/or recording to Lynn Willis, ext. 6287, lynn.willis@mymanatee.org, Property Acquisition, Property Management Department.

Cost and Funds Source Account Number and Name
$54.00 for (recording fee) 335-6071160 44th Avenue East (30th-45th Street East) Road Right of Way Improvement Project

Amount and Frequency of Recurring Costs

Attachment:  Warranty Deed 116 Distressed Buyers.pdf
Attachment:  AOE 116 Distressed Buyers.pdf
Attachment:  44th Ave E Parcel 116 - location map.pdf
Attachment:  Power of attorney.pdf