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i gIVER Q- 1 ONZCe Of Allorrrey'r111atleri 0:1/0'/2olh � INDIAN RIVER COUN'T'Y �L 3Rl°� ATTORNEY Dylan Reingold,County Attorney --- 'William K.DeBraal,Deputy County Attorney Kate Pingolt Cotner,Assistant County Attorney MEMORANDUM TO: Board of County Commissioners THROUGH: Chris Mora, Public Works Director ,. FROM: illiam K. DeBraal, Deputy County Attorney DATE January 22, 2016 SUBJECT: Purchase of Five Lots Located at 5811'Avenue North of 5711 Street Owned by Bent Pine Golf Club, Inc In 1991, Bent Pine Golf Club, Inc. (Bent Pine) bought five lots on the west side of 58t1 Avenue just north of 571h Street. An aerial photo of the lots is attached to this memorandum. You will see that the northern most lot is a double lot. All of these lots front 58th Avenue for ingress and egress The properties are zoned RS-3, residential, up to 3 units per acre with an underlying future Land Use Designation of L-2, residential, up to six units per acre. The lots are unimproved with no structures on them. Bent Pine originally purchased the lots to serve as a buffer to their subdivision entrance As the years have gone by, changes have occurred around the Bent Pine entrance, including the development of Vero Lago subdivision and the addition of a traffic signal at the intersection of 581" Avenue and 57th Street. These changes contributed to Bent Pine redesigning its entrance to the current shared roundabout with Vero Lago. This alignment now provide alignments with 57`1 Street for ingress/egress via a traffic light at 58}'Avenue. Bent Pine has determined it no longer needs the lots to serve as a buffer and their attorney, Brad Rossway, has approached County staff to inquire whether the County would be interested in purchasing the lots Staff has determined that purchasing these lots would be beneficial for use as right-of-way or a linear retention pond if 58th Avenue or the intersection needs to be expanded In the future The County retained the services of Bob Oliver and Associates, a local appraiser, who valued the lots at $8,500 a piece for a total value of $51,000.00. For appraisal purposes, the northern most double lot was appraised as two single lots. (6 lots x $8,500 = $51,000) The County Attorney's Office drafted the attached Agreement to Purchase and Sell Real Estate and furnished it to Mr. Rossway for presentation to the Bent Pine Board of Directors who approved sale of the lots at the appraised price InQii�RJ.. Ca Ag —ed Datz_ !:='PROVED FOR _ - Admin. B.C.C. MEETING - -REGULAR ACEI DA 6udgeI i COUNTY ATTORNE=Y Dept Risk Mar. -- ' —' 110.