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CONSENT <br />INDIAN RIVER COUNTY <br />OFFICE OF MANAGEMENT AND BUDGET <br />PURCHASING DIVISION <br />DATE: February 2, 2016 <br />TO: BOARD OF COUNTY COMMISSIONERS <br />r <br />THROUGH: Joseph A. Baird, County Administrator <br />Jason Brown, Director, Office of Management and Budget <br />FROM: Jennifer Hyde, Purchasing Manager <br />SUBJECT: Approval of Sealed Bid Sale of 2606 52nd Avenue <br />BACKGROUND: <br />On March 3, 2015, the Board authorized the purchase of 2606.52nd Avenue to acquire right-of-way necessary <br />for planned widening of 26th Street, as well as the subsequent sealed bid sale of the remaining parcel, <br />including a single family residence, once the right-of-way take was completed. <br />In accordance with F.S. 125.35, advertisements announcing the sale appeared on January 24 and January 31, <br />2016. Two open houses were held to enable prospective buyers to examine the house. Five sealed bids were <br />received and publicly opened on February 2, 2016 at 2:00 P.M. in the amounts of $128,200.00, $75,000.00, <br />(two $75,000.00 bids were received), $67,200.00 and $55,250.00. <br />RECOMMENDATION: <br />Staff recommends that the Board of County Commissioners ratify and accept the high bid of $128,200.00 <br />submitted by Bluestar Financial Services, LLC. Staff further recommends the Board approve the attached <br />Agreement to Purchase and Sell Real Estate and authorize the Chairman to execute the agreement. Finally, <br />staff recommends the Board authorize the County Attorney's staff to prepare and execute any other <br />necessary documents to complete the sale. <br />Funds in the amount of $195,000.00 were deducted from Traffic Impact Fees/District II/ROW 26th Street, <br />43rd Ave to 66th Ave account #10215241-066120-06011 to acquire the parcel, and proceeds from this <br />sale will be returned to that account. <br />ATTACHMENTS: <br />Agreement to Purchase and Sell Real Estate <br />APPROVED AGENDA ITEM <br />Indian River Co Ap d Date <br />B Admin +/ / <br />Legal <br />Joseph A. Baird, County Administrator Budget r <br />Department <br />9 YIAQ�zX � � Risk Manager <br />FOR: — —61 <br />58 <br />