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PROPERTY APPRAISAL FOR McKEE JUNGLE GARDENS PROPERTY <br />Administrator Chandler reviewed the following memo: <br />TO: Board of County Commissioners DATE: May 8, 1989 FILE: <br />SUBJECT: <br />r <br />FRO • James E. Chandler REFERENCES: <br />County Administrator <br />As you are aware, I am in the process of preparing a feasibility study and <br />recommendations on the McKee Jungle Gardens proposal. <br />In that regard, I have had an initial meeting with Mr. Ronald Ewing. He <br />emphasized that from his perspective a decision must be made by early June. <br />If the property is acquired, regardless of the method of financing, two <br />appraisals are required. Additionally, an appraisal is needed to evaluate the <br />$2.5 million asking price for the 99 acres. Considering the time element, <br />requested quotes for two appraisals to be completed by June 9, 1989. One <br />firm could not complete the appraisal until the end of June. A second could <br />meet the time element, but we believe the fee of $6,300 is too high. Napier <br />Appraisal Services will provide an appraisal by June 9th at a fee of $4,500. <br />It is my recommendation that the Commission approve the appraisal by Napier <br />and authorize staff to obtain a second at a cost not to exceed $5,500. <br />Funding would be provided from the General Fund Contingency. <br />With this schedule I would intend to have a full report and recommendation to <br />the Commission at the June 13, 1989 meeting. In relating the schedule to Mr. <br />Ewing, Monday, he indicated that he would contact me Tuesday as to whether <br />it is acceptable. As a result, I would recommend that the approval be <br />contingent upon their acceptance of the schedule. <br />Administrator Chandler clarified that this is a separate <br />appraisal from the one needed for the lawsuit over the down - <br />zoning, and it would include the full 99 acres, including the <br />parcels in the wetlands. <br />MOTION WAS MADE by Commissioner Scurlock, SECONDED by <br />Commissioner Eggert, to approve the appraisal by <br />Napier Appraisal Services in the amount of $4,500 and <br />authorize staff to obtain a second appraisal at a cost <br />not to exceed $5,500, funding from General Fund Contin- <br />gency, as recommended by the Administrator. <br />27 BOOKY 9 1989 Flit <br />