Surplus and Sale of Real Property Located at 4913 Ravenswood Avenue
From:
Stephan Hall, Budget Manager
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Surplus and Sale of Real Property Located at 4913 Ravenswood Avenue - Stephan Hall, Budget Manager, Management and Budget Services
That the Board take the following action concerning the surplus and sale of real property located at 4913 Ravenswood Avenue:
A. Declare surplus the Board's real property located at 4913 Ravenswood Avenue, Account Number: 07-2300-000, Reference Number: 34-2S-30-1264-011-001, District 2;
B. Authorize the sale of the property to the bidder with the highest offer received above the minimum bid of $7,000, without further action of the Board; and
C. Authorize the Chairman to sign all documents related to the sale.
BACKGROUND:
Escambia County acquired this property via governmental foreclosure in June 2015. The sale of this parcel will be set at the current value assessed by the Property Appraiser, $7,000. The County does not have a 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.