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County Administrator's Report 11. 2.
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| BCC Regular Meeting |
Discussion |
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| RECOMMENDATION: |
Recommendation Concerning the Acquisition of Real Property Located at 10050 Bristol Park Road for the Bristol Park-Ashbury Hills Area Project - Joy D. Blackmon, P.E., Public Works Department Director
That the Board, in accordance with Section 46-139 of Escambia County Code of Ordinances, and consistent with Federal Emergency Management Agency (FEMA) acquisition requirements, either approve, by super-majority, or deny the following action regarding the acquisition of real property for the Bristol Park-Ashbury Hills Area Project:
A. Authorize the purchase of real property located at 10050 Bristol Park Road, for the Bristol Park-Ashbury Hills Area Project, from Robert Keith and Susan E. Sheets, for the average of the County's appraised value of $295,000 and the owner's provided appraisal of $350,000, which equals $322,500;
B. Approve the Contract for Sale and Purchase for the acquisition of real property (approximately 0.65 acres) located at 10050 Bristol Park Road, from Robert Keith and Susan E. Sheets, for the purchase price of $322,500;
C. Authorize the payment of documentary stamp taxes and recording fees pursuant to Hazard Mitigation Grant Program guidelines; and
D. Authorize the County Attorney's Office to prepare, and the Chairman or Vice Chairman to execute, subject to Legal review and sign-off, any documents necessary to complete the acquisition of this property without further action of the Board.
[Funding Source: Fund 352, “LOST III,” Cost Center 210120, Object Code 56101, Project #16EN3595. Funds spent toward this project are eligible for reimbursement through the grant.] |
| BACKGROUND: |
Meeting in regular session on December 8, 2016, the Board approved staff to pursue the acquisition of properties that are listed within the Hazard Mitigation Grant Program (HMGP) and located along Eleven Mile Creek.
As stated in the FEMA Hazard Mitigation Grant Program Homeowner Acquisition Fact Sheet: the County is to pay fair and reasonable costs associated with real estate closing, including the cost of title transfer, recording fees, transfer taxes, and evidence of title and legal description (which will be submitted for reimbursement). The homeowner is responsible for fees necessary to clear existing mortgages, liens and encumbrances from the deed, as well as any past due taxes.
By authorizing the payment of documentary stamps and recording fees, the total value paid for each parcel will be in excess of the appraised value; therefore, a super-majority vote is required.
Escambia County had an appraisal performed on this property valued at $295,000. The property owners have provided their own appraisal which revealed a value of $350,000. The average of the two appraisals is $322,500, which the Sheets have accepted.
According to the FEMA Hazard Mitigation Grant Program Homeowner Acquisition Fact Sheet, the property owners can appeal the County's appraisal if they believe the fair market value of their home is not adequate. The appeal process does include a second appraisal for their home at their expense. The County will then split the difference of the initial appraisal and second appraisal to determine the fair market value of the property, after which the County may make another offer.
Funds spent toward this project in accordance with the guidelines are eligible for reimbursement. |
| BUDGETARY IMPACT: |
| Funding is available in Fund 352, “LOST III,” Cost Center 210120, Object Code 56101, Project #16EN3595. Funds spent toward this project are eligible for reimbursement through the grant. |
| LEGAL CONSIDERATIONS/SIGN-OFF: |
| The Contract for Sale and Purchase was approved by Stephen West, Senior Assistant County Attorney. The County Attorney's Office will prepare the closing documents and conduct the closing for the purchase of this property. |
| PERSONNEL: |
| All work associated with this acquisition is being done in-house and no additional staff is required. |
| POLICY/REQUIREMENT FOR BOARD ACTION: |
| These actions are consistent with the provisions of Section 46-139 of the Escambia County Code of Ordinances. |
| IMPLEMENTATION/COORDINATION: |
| Upon Board approval, staff will maintain compliance with Section 46-139 of the Escambia County Code of Ordinances. |
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