6/7/1988 - Laserfiche WebLink

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County's wastewater plant and runs all the way to 1-95 which would give us a buffer area. Chairman Scurlock pointed out that the Beuttell's $1.8 million appraisal is not updated for the 1-1/2 years that we have been under discussion. Further, the Beuttell family has agreed to time payments. Director Pinto emphasized the need for moving ahead immediately on a design for the effluent disposal. We have several alternatives for this property: 1) Keep it a sod farm; 2) Have some recreational facilities, such as a golf course; or 3) Convert it to a wetlands, which we are seriously looking at. Commissioner Bird felt that staff has done their homework in justifying the need for this site, and he would be in favor of staff continuing negotiations with the Beuttell family to see if we can come up with a fair market price. Attorney Bob Jackson, representing the Beuttell family, understood that we were all here today to work out a price. He stressed that negotiations on this property have been going on ever since June, 1986. This piece of property has been tied up for 2 years now, and they would like to make a deal or go on their way. The Beuttells are willing to give terms, which is a benefit to the County. Their appraisal of 1-1/2 years ago is for $12,500 an acre. The lowest appraisal by Armfield increased the assessment by 18% or $1700 per acre in a year and a half. Attorney Jackson advised that the Beuttells would be willing to sell the property for $1,950,000, which they feel is a reasonable compromise. What they originally asked for was $2.1 million, so it works out to approximately $13,000 per acre plus being able to have time payments. Director Pinto felt it is amazing to see MAI appraisals differ by $3000 an acre. However, the special thing about this property is location. 28 JUN 71988 BOOK 72 Fr,GC 527