Acquisition of Real Property Located at 10020 Bristol Park Road for the Bristol Park - Ashbury Hills Area Project
From:
Joy D. Blackmon, P.E., Director
Organization:
Public Works
CAO Approval:
RECOMMENDATION:
Recommendation Concerning the Acquisition of Real Property Located at 10020 Bristol Park Road for the Bristol Park - Ashbury Hills Area Project - Joy D. Blackmon, P.E., Public Works Department Director
That the Board either approve or deny:
A. The purchase of real property located at 10020 Bristol Park Road, for the Bristol Park - Ashbury Hills Area Project, from Terry and Eulaine Hedges, for the average of the County's appraisal with the owner-provided appraisal for an offer price of $236,700;
B. Authorize County staff to draft the Contract for Sale and Purchase for the acquisition of real property (approximately 0.75 acres) located at 10020 Bristol Park Road, from Terry and Eulaine Hedges, and bring the executed Contract back before the Board; and
C. 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 (if the purchase is approved).
[Funding Source: Fund 352, “LOST III,” Cost Center 210120, Object Code 56101, Project #16EN3595]
BACKGROUND:
Meeting in regular session on December 8, 2016, the Board approved for staff to pursue the acquisition of properties that are listed within the Hazard Mitigation Grant Program (HMGP) and located along Eleven Mile Creek.
Escambia County had an appraisal performed on this property valued at $223,000. The property owners have provided their own appraisal valued at $250,400. The average of the County appraisal and the owner-provided appraisal is $236,700.
Mr. and Mrs. Hedges are willing to sell their property that is located in Bristol Park Subdivision along Eleven Mile Creek.
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 home, after which the County may make another offer.
Funds spent toward this project, and in accordance with the guidelines, are eligible for reimbursement
BUDGETARY IMPACT:
[Funding Source: Fund 352, “LOST III,” Cost Center 210120, Object Code 56101, Project #16EN3595]
LEGAL CONSIDERATIONS/SIGN-OFF:
The Contract for Sale and Purchase will be drafted 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.