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County Administrator's Report 14. 1.
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| BCC Regular Meeting |
Discussion |
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| RECOMMENDATION: |
Recommendation Concerning the Acquisition of Property Located at 10836 Lillian Highway from RL REGI Florida, LLC, for a Public Boat Ramp Facility - Joy D. Blackmon, P.E., Public Works Department Director
That the Board either approve or deny by super majority vote:
A. The purchase of three contiguous parcels of real property (totaling approximately 40 acres) located at 10836 Lillian Highway for the higher of the two appraisals, at a value of $1,235,000, from RL REGI Florida, LLC, for a Public Boat Ramp Facility, in accordance with the terms and conditions contained in the Agreement for Sale and Purchase of Property;
B. The Agreement for Sale and Purchase of Property for the acquisition of three contiguous parcels of real property located at 10836 Lillian Highway (totaling approximately 40 acres); and
C. The authorization for the County Attorney's Office to prepare, and the Chairman or Vice Chairman to execute, any documents, subject to Legal review and sign-off, necessary to complete the acquisition of this property without further action of the Board.
The acquisition of this property is funded by the Florida Boating Improvement Program and Local Option Sales Tax (LOST). Current planned improvements at the Lillian Highway Ramp (RL REGI Florida, LLC, property) are being funded by National Resource Damage Assessment (NRDA); future further improvements to the Lillian Highway property will require Grant funding or future LOST funds.
RL REGI, Florida, LLC, owns three contiguous parcels of real property totaling approximately 40 acres located at 10836 Lillian Highway which has frontage on Perdido Bay. The owners listed the property for sale for $1,900,000. Staff obtained an appraisal performed by G. Daniel Green & Associates, Inc., dated February 27, 2012, which valued the property at $910,000. Pursuant to Board policy, when property is valued at more than $250,000, two appraisals are required. Staff obtained another appraisal, performed by Brantley & Associates, dated May 1, 2012, which valued the property at $1,235,000. The average of the two appraisals is $1,072,500. The owners were not amenable to accepting the average price of the two appraisals and countered with an offer of $1,235,000. The owners indicated that they are firm on this price and are not amenable to accepting less.
Meeting in regular session on September 6, 2012, the Board approved the Recommendation to authorize staff to make an offer to RL REGI Florida, LLC, to purchase three contiguous parcels of real property (totaling approximately 40 acres), located at 10836 Lillian Highway for the appraised amount of $1,235,000, which is the higher of the two appraisals obtained by staff.
The owners have agreed to sell the three contiguous parcels of real property for the appraised value of $1,235,000, according to the terms and conditions contained in the Agreement for Sale and Purchase of Property. Board approval of the Agreement for Sale and Purchase of Property is required to complete this acquisition.
[Funding for this project is available in Funding Source: Fund 352, "LOST III", Cost Center 220102, NESD Capital Projects, Project 08NE0018, Boat Ramps] |
| BACKGROUND: |
The acquisition of this property is funded by the Florida Boating Improvement Program and Local Option Sales Tax (LOST). Current planned improvements at the Lillian Highway Ramp (RL REGI Florida, LLC, property) are being funded by National Resource Damage Assessment (NRDA); future further improvements to the Lillian Highway property will require Grant funding or future LOST funds.
RL REGI, Florida, LLC, owns three contiguous parcels of real property totaling approximately 40 acres located at 10836 Lillian Highway which has frontage on Perdido Bay. The owners listed the property for sale for $1,900,000. Staff obtained an appraisal performed by G. Daniel Green & Associates, Inc., dated February 27, 2012, which valued the property at $910,000. Pursuant to Board policy, when property is valued at more than $250,000, two appraisals are required. Staff obtained another appraisal, performed by Brantley & Associates dated May 1, 2012, which valued the property at $1,235,000. The average of the two appraisals is $1,072,500. The owners were not amenable to accepting the average price of the two appraisals and countered with an offer of $1,235,000. The owners indicated that they are firm on this price and are not amenable to accepting less.
Meeting in regular session on September 6, 2012, the Board approved the Recommendation to authorize staff to make an offer to RL REGI Florida, LLC, to purchase three contiguous parcels of real property (totaling approximately 40 acres), located at 10836 Lillian Highway for the appraised amount of $1,235,000, which is the higher of the two appraisals obtained by staff.
The owners have agreed to sell the three contiguous parcels of real property for the appraised value of $1,235,000, according to the terms and conditions contained in the Agreement for Sale and Purchase of Property. Board approval of the Agreement for Sale and Purchase of Property is required to complete this acquisition. |
| BUDGETARY IMPACT: |
Funding for this project is available in Funding Source: Fund 352, "LOST III", Cost Center 220102, NESD Capital Projects, Project 08NE0018, Boat Ramps. |
| LEGAL CONSIDERATIONS/SIGN-OFF: |
| The seller's attorney and title company will conduct the closing. The Agreement for Sale and Purchase was approved as to form and legal sufficiency by Stephen West, Assistant County Attorney, on May 2, 2013. |
| PERSONNEL: |
| All work associated with this request 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 County Codes. |
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