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f rc _r r€1r s u uq i ittc�r7 2`60 IEE"" Avenue <br />February 2.4, 2015 Page 2 of <br />RECOMMENDATIONS <br />The Board's options include the following: <br />Option 1: Staff recommends the Board approve the attached Contract for Sale and <br />Purchase of the Savage property for $195,000 and authorize the Chairman to execute <br />the contract on behalf of the Board. Staff further recommends that the Board direct that <br />the needed right-of-way be taken from the property after purchase and to authorize sale <br />of the remainder property via sealed bid or auction. <br />Option 2: Reject the terms of the Agreement and continue to negotiate. <br />ATTACHMENT <br />1. Two "Originals" of the Purchase Agreements <br />DISTRIBUTION <br />Christopher R. Mora, Public Works Director <br />Louise Gates, Land Acquisition Specialist <br />APPROVED AGENDA ITEM <br />FOR: March 3, 2015 <br />B <br />v <br />Indian River <br />County <br />Approved <br />Date <br />Administration <br />Budget <br />Z5 <br />Legal <br />Public Works <br />Engineering <br />z�aY�i <br />114 <br />