Agenda

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County Administrator's Report 13. 21.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	09/05/2013
Issue: Sale of Real Property Located at 721 West Lee Street
From:	Amy Lovoy
Department:	OMB
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Reduction of Minimum Sales Price of Real Property Located at 721 West Lee Street, Due to the Property Appraiser’s Re-assessed Value - Amy Lovoy, Management and Budget Services Department Director

That the Board take the following action concerning the reduction of the minimum bid required for the sale of real property located at 721 West Lee Street, due to the Property Appraiser’s re-assessed value:

A. Authorize the sale of real property, Account Number 14-4014-000, Reference Number 00-0S-00-9050-009-033, to the bidder with the highest offer received at or above the re-assessed minimum bid of $23,940, which is the land value only, in accordance with Section 46.134 of the Escambia County Code of Ordinances, without further action of the Board; and

B. Authorize the Chairman to sign all documents related to the sale.

BACKGROUND:

This property escheated to Escambia County in January 2013. The Board declared the property surplus and authorized its sale on February 21, 2012 with a minimum bid of $43,164. In August 2013, the Property Appraiser re-assessed the value to $23,940, which is the land value only, because of interior damage due to roof problems and vandalism. The price change will appear on the Property Appraiser’s website when the 2013-2014 certified roll assessment values emerge next year. The County has no need for this property.

BUDGETARY IMPACT:

Sale of this property will provide revenue for the General Fund.

LEGAL CONSIDERATIONS/SIGN-OFF:

All legal documents will be approved as to form and legal sufficiency by the County Attorney’s Office prior to execution by the Chairman. The purchaser will pay all closing costs.

PERSONNEL:

POLICY/REQUIREMENT FOR BOARD ACTION:

Escambia County Ordinance, Section 46.134

IMPLEMENTATION/COORDINATION:

Attachments
721 W Lee St backup.pdf