|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 17, 2014|
Agenda Item #51
Contract for Sale and Purchase for a Permanent Easement with Bartholomew Real Estate Holding Corp.
Contact and/or Presenter Information
John Agostinelli, Division Manager, Property Acquisition, Extension 3021
Larry Decker, Real Property Specialist, Property Acquisition, Extension 6287
Execute Contract for Sale and Purchase for a Permanent Utilities Easement from BRHC, LLC, an active Florida Limited Liability Company, successor by merger with Barthomolew Real Estate Holding Corp., an inactive Florida Corporation, in the amount of $12,500, inclusive of attorney's fees, for the purpose of a waterline installation at 5524 14th Street West, Bradenton, Florida 34207.
Chapters 125 and 127, Florida Statutes, Comprehensive Plan Goal 11.5-11.7, addresses the potable water system.
Chapters 73 and 74, Florida Statutes.
The Suburban Waterline Project Phase 3 was approved in the FY 2008-2012 CIP.
The subject property is located at the northwest corner of 14th Street West and 56th Avenue West, Bradenton, Florida, having a physical address of 5524 14th Street West, Bradenton, Florida. The commercial site is improved with a Value Pawn retail store, fenced storage area, and separate sheds at the rear of the property.
The area of the easement is located at the southwest corner of the parent tract in an overgrown area west of the two sheds. The easement is delineated as 10 feet by 25 feet containing 250 square feet, which affects a 25 foot section of a 4 foot chain link fence that forms a westerly boundary of the property.
On February 18, 2013, R & W Enterprises appraised the area of the easement and improvements at $2,800. Through ongoing negotiations since March 2013 a final settlement was reached with the owner through their attorney for $12,500.00, which is inclusive of attorney fees totaling $3,500.00.
The negotiated contractual price of $9,700 is above the appraised value to avoid additional expert fees for attorneys, land planners, engineers and appraisers.
Two Manatee County Code Enforcement liens totaling $722.00 will also be satisfied with the proceeds from the closing.
County Attorney Review
Not Reviewed (Utilizes exact document or procedure approved within the last 18 months)
Explanation of Other
Instructions to Board Records
Please return a copy of the executed contract to Larry Decker, Property Management, at firstname.lastname@example.org
Cost and Funds Source Account Number and Name
$12,500 to #413-6074770, Suburban Water Line Project, Phase 3
Amount and Frequency of Recurring Costs
Attachment: Executed Contract for Sale and Purchase.pdf
Attachment: Justification for Administrative Increase.pdf