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Manatee County Government Administrative Center Honorable Patricia M. Glass Chambers, First Floor 9:00 a.m. - November 19, 2019
November 19, 2019 - Regular Meeting
Agenda Item #51


Subject
Execution of Contract for Sale and Purchase from Catherine D. Poynter for property located at 12111 Erie Road, Parrish, Florida, PID 429800059

Briefings
None

Contact and/or Presenter Information

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

Tim Cristello, Real Property Specialist, Property Acquisition Division, Property Management Department, Extension 6284



Action Requested
  • Execution of Contract for Sale and Purchase with Catherine D. Poynter for the purpose of Erie Road-69th Street East to U.S. 301 (East-West Phase) in the amount of $230,000.00.


Enabling/Regulating Authority
  • Chapters 125 and 127, Florida Statutes.
  • Manatee County Comprehensive Plan.


Background Discussion
  • The right-of-way is required for the future improvements of Erie Road.
  • The acquisition is for the entire parcel that is improved with a 1,306 square foot single family residence located at 12111 Erie Road in Parrish.
  • This Property is the homestead of Mrs. Catherine D. Poynter.
  • Property Acquisition performed in-house value analysis and determined the land and improvements value is $180,000.00 on June 24, 2019.
  • An agreement was reached in the amount of $230,000.00 as total compensation for the full acquisition eliminating additional costs for litigation fees, attorney fees, or expert fees.  As part of the agreement, the owners will be granted extended possession of the property for up to 270 days after closing.


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 Tim Cristello, Property Acquisition Division, at Tim.Cristello@mymanatee.org

Please email a copy of the executed contract to Michael Sturm at Michael.Sturm@mymanatee.org and Johnnie Yetter at Johnnie.Yetter@mymanatee.org



Cost and Funds Source Account Number and Name
Settlement costs of $230,000.00 to 380-6082861, Erie Road-69th Street East to U.S. 301 (East-West Phase)

Amount and Frequency of Recurring Costs
N/A


Attachment:  Contract for Sale and Purchase Catherine D. Poynter.pdf
Attachment:  Location Map.pdf