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a <br />Parcel #19 & 19B W. Luther 4.281 acres <br />Attorney Fee <br />Parcel #101 Mrs. Lloyd Knight 1.931 acres <br />Attorney Fee <br />Parcel #102 C. Reed Knight 6.846 acres <br />Attorney Fee <br />Parcel #103 D. Victor Knight 6.06 acres <br />Attorney Fee <br />Parcel #104 <br />$150,000. <br />$ 6,000. <br />$ 61,792. <br />$ 2,472. <br />$321,419. <br />$ 12,857. <br />$356,653. <br />$ 14,266. <br />C. Bobo 4.051 acres $247,402. <br />Attorney Fee $ 4,948. <br />The above values include severance damages, loss of income and <br />uneconomic remainders where applicable. <br />The seller retains the right to harvest and maintain the citrus <br />crop until construction begins, and seller indemnifies the <br />county. <br />All Parcels to be closed in 1989. <br />RECOMMENDATION AND FUNDING <br />Staff requests authorization to purchase the remaining parcels at <br />the appraised market values. Total purchase price and attorney's <br />fees are $1,313,009 and an additional $20,000 is estimated for <br />incidental recording, title insurance and miscellaneous fees. <br />• <br />Funding in the amount of $580,000 is available in the Indian <br />River County District 4 Traffic Impact Fee Fund, <br />101-154-541-099.21 and the remaining $753,009 is available in <br />Fund 109, Secondary Road Trust Fund. The County Attorney's <br />office has prepared a purchase agreement form for each parcel. A <br />budget amendment is attached and is recommended for approval. <br />NOV r 1889 <br />saa: s�ROAD -ROUTE <br />7f�Nfi — ROAO <br />t w,p.ft �. 23 <br />T 24 <br />LOCATION <br />,IN b/AN RivER. <br />BOU1.CVAP.b <br />PHASE. Rug.: <br />• <br />• <br />• <br />• <br />41!! 911Lt <br />#103 <br />c.RaaV. M- <br />Klbt <br />, <br />© 0 <br />• Irl av;41. <br />— <br />1 r <br />28 26—s�nbeten NO <br />l *YE <br />C —tar <br />I PROJECT <br />hog .Pivtr. 5A.4ae Norh <br />t <br />61 <br />One By 1 Job H. F Oa. <br />BOOK <br />,-� <br />/o PAGE J30 <br />