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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Joseph A. Baird, County Administrator <br />FROM: Christopher R. Mora, P.E., Public Works Director <br />DATE: March 25, 2014 <br />SUBJECT: 43RD AVENUE ADVANCE ACQUISITION OF RIGHT-OF-WAY <br />CONSENT <br />DESCRIPTION AND CONDITIONS <br />Barbara E. Mathis Habora owns a single family home located at 1835 43"0 Avenue, Vero Beach. <br />Ms. Habora recently listed the house for sale and the County was approached by their realtor to see <br />if the County might be interested in buying the property for right-of-way and stormwater retention for <br />the future widening of 43rd Avenue. If acquired, the County would utilize the 1+ acre property for a <br />stormwater retention pond. <br />The 1.12 acre parcel is located in the Pinewood Subdivision and includes Tots 10, 11, 14, 15 and a <br />portion of Lot 16. The property is split -zoned with 0.68 acres zoned as Residential/RS-3 and 0.44 <br />acres zoned as Office/PRO. There is a wood frame house on the property that was built in 1946. It <br />is serviced by City of Vero Beach Utilities. The County's offer of $230,000.00 has been accepted by <br />the owner, however it is contingent upon Board approval. A recent appraisal of the property <br />performed by Armfield and Wagner, a Vero Beach appraisal firm, values the property at <br />$240,000.00. <br />Improvements to 43rd Avenue will consist of widening to four lanes with a dedicated center left tum <br />lane. Many parcels of right-of-way will have to be taken from single family home sites. When Ms. <br />Habora's realtor advised the County that this parcel was listed for sale, staff weighed the cost of <br />purchasing the parcel on the open market now versus taking the parcel later via eminent domain. <br />Staff reasoned that buying the property now would be far less expensive and would avoid the expert <br />witness costs and attorney's fees incurred in the eminent domain process. <br />FUNDING: <br />Funding for this project is scheduled to begin in FY 14/15. If approved, funds from Optional Sales <br />Tax/Miscellaneous Right of Way will be transferred to the project, Optional Sales Tax/43rd Avenue - <br />18t Street to 26th Street, Acca 31521441-066120-06041. <br />STAFF RECOMMENDATION: <br />Staff recommends the Board approve the attached Contracts for Sale and Purchase of the Habora <br />parcel for $230,000 and authorize the Chairman to execute the contract on behalf of the Board. <br />APPROVED AGENDA ITEM <br />FOR: April 8, 2014 <br />BY: <br />M:\Agenda Items\}{abora ROW purchase 03-25-14.doc <br />Indian River County <br />Appro• <br />Date <br />Administration <br />0/..//. <br />Budget <br />. ( _ <br />414 <br />Legal <br />d f� <br />3 --1 - i y <br />Public Works <br />3 - 3 1- I y <br />-9 fi <br />27 <br />