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PURCHASE OF RIGHT-OF-WAY - VERO HIGHLANDS ACCESS ROAD <br />The Board reviewed the following memo dated 10/21/87: <br />TO THE HONORABLE MEMBERS OF DATE: October 21, 1987 FILE: <br />BOARD OF COUNTY COMMISSIONERS <br />THROUGH: <br />Charles P. Balczun <br />County Admi istrat r <br />;� <br />RalphN. Bres ia, P.E. <br />County Engineer <br />SUBJECT: Vero Highlands Access Road from <br />27th Avenue, 60' r/w 17th Lane <br />Virlyn Grove property <br />FROM: Donald G. Finn, SRA REFERENCES: <br />Right -of -Way Acquisition Agent <br />DESCRIPTION AND CONDITIONS <br />The year old appraisal by Alex Snow for Indian River County <br />indicates a value of $10,693.00 per acre or $39,245.00 for the subject <br />3.67 acre 60' r/w. The property owner has the property listed through <br />MLS at $15,000 per acre which equates to $55,000 for the subject. The <br />property owner is willing to sell to I.R.C. for $12,000 per acre or <br />$44,040. <br />RECOMMENDATION & FUNDING <br />Considering the time since the appraised value and added <br />condemnation cost, settlement at $12,000 per acre appears equitable. <br />Staff requests authorization to purchase the 601x2665' 'r/w <br />containing 3.67 acres at $44,040.00. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Wheeler, the Board unanimously (4-0) <br />authorized the purchase of 60' x 2665' right-of-way <br />containing 3.67 acres at $44,040, as recommended by <br />staff. <br />79TH AVENUE ADDITIONAL RIGHT-OF-WAY AT U.S. #1 <br />The Board reviewed the following memo dated 10/21/87: <br />21 <br />NOV 31987 987 aooK 70 MG)E 23 <br />