Agenda

Back to Calendar Return

County Administrator's Report 10. 18.

BCC Regular Meeting

Technical/Public Service Consent

Meeting Date:	09/22/2016
Issue: Waiver of Option to Re-Purchase - Lot 13, Block B, Marcus Pointe Commerce Park
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Waiver of Option to Re-Purchase Real Property Located at Lot 13, Block B, Marcus Pointe Commerce Park - Stephan Hall, Budget Manager, Management and Budget Services

That the Board take the following action concerning the Waiver of Option to Re-Purchase Real Property located at Lot 13, Block B, Marcus Pointe Commerce Park, Account Number: 040861854, Property Reference #: 391S300200013002:

A. Waive its right to Re-Purchase real property located at Lot 13, Block B, Marcus Point Commerce Park as described in the Use Regulations and Restrictive Covenants Applicable to Portions of Marcus Pointe Commerce Park, recorded in Official Record Book 2931 at page 63, as amended in Official Record Book 4029 at page 87 of the public records of Escambia County, Florida, which expired on January 1, 2010; and

B. Authorize the Chairman to sign the Waiver of Option to Re-Purchase (the aforementioned property), which has been approved by the County Attorney's Office; thereby permitting the sale of the property by Joey Lee Barnes and James Kevin Barnes to SVNCRE Group, LLC.

BACKGROUND:

The County sold Lot 13, Block B, Marcus Pointe Commerce Park to Joey Lee Barnes and James Kevin Barnes through a Deed dated November 17, 2005.

According to the Use Regulations and Restrictive Covenants Applicable to Portions of Marcus Pointe Commerce Park, recorded in Official Record Book 2931 at page 63, as amended in Official Record Book 4029 at page 87 of the public records of Escambia County, Florida, the County could have re-purchased the rights of certain properties where construction had not occurred. Construction has not occurred on Lot 13, Block B, Marcus Pointe Commerce Park.

Said Regulations and Restrictive Covenants expired on January 1, 2010. The Waiver is being given for the purpose of allowing conveyance of this property to SVNCRE Group, LLC.

SVNCRE Group, LLC did not return calls before agenda submission for any information related to its future use of the Commerce Park property referenced above.

BUDGETARY IMPACT:

N/A

LEGAL CONSIDERATIONS/SIGN-OFF:

The Waiver of Option to Re-Purchase has been approved by the County Attorney's Office.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Lot 13, Blk B, Marcus Pointe Commerce Park - Backup