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ON MOTION by Commissioner Solari, SECONDED by <br />Vice Chairman Flescher, the Board by a 4-0 vote <br />(Commissioner Wheeler absent) approved the acquisition <br />of 80.94 acres west of I-95 for the purchase price of <br />$890, 340.00 (not $900, 000.00); directed staff to prepare a <br />vacant land contract for execution by the owners; <br />authorized the expenditures for due diligence and closing <br />costs; and authorized the Chairman of the SWDD Board to <br />sign the executed vacant land contract after review by all <br />appropriate staff and approval by the County Attorney's <br />office. <br />Bob Johnson, Coral Wind Subdivision, felt it inappropriate, at this time, to purchase the <br />property based on whether it would be needed in the future. <br />Commissioner O'Bryan addressed Mr. Johnson's concern, referencing right-of-way as an <br />example, that when the County gets to the point where a parcel is required, the price quadruples. <br />He stressed the importance of purchasing the property at fair value now, before it is actually <br />needed. <br />Chairman Davis clarified that this is an Enterprise Fund; that there are 30 acres on the <br />west side that could not be used for expansion to the north (for the C-5 canal); and that this <br />acquisition would allow the County to do mitigation for utilizing the properties to the north of <br />what the County currently owns. <br />May 12, 2009 <br />S.W.D.D. <br />4 <br />