4/23/1991 - Laserfiche WebLink

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CCPR �� °3 1991 t;oo� �� Wi 171 6) The Committee has been talking quietly with Indian River Shores about the possibility of exchanging the 5 -acre parcel of undeveloped property that the County has left at the Tracking Station Park for some property that Indian River Shores might own, such as the 40 acres at Gifford Park, which is under lease to the County. The Committee feels that perhaps we should consider making a trade for that piece and see how the numbers work out. They would like the Commission to authorize Administrator Chandler or the appropriate staff to work with the staff of Indian River Shores and continue some discussions and negotiations along these lines. The County has developed all of the oceanfront that we have at the Tracking Station Park, and these 5 acres lie between the oceanfront and AIA. The Committee feels that there probably wouldn't be a need to develop that to add to that park, and that if we did, we probably would end up with some problems in attempting to develop it into anything but a very passive nature because of the surrounding residences. The 5- acre piece is lightly wooded with some palmettos and sea grapes. Commissioner Scurlock pointed out that the County already has a lease on the property at Gifford Park and he would prefer to see us consider trading this for a new piece of property, such as the 40 acres next to the Fairgrounds. Gifford Park is not going away, so why trade something for something we already have? Chairman Bird admitted that we do have another 12 or so years on the lease on the property at Gifford Park. However, the County is making considerable improvements up there, and he felt the residents and the people who enjoy the use of that park probably would feel more comfortable if it was under county ownership in perpetuity rather than subject to the lease with Indian River Shores. He wasn't suggesting that it is an even trade or saying that is what we have to trade for, but the Committee is asking that Director Davis be given authorization to establish some value on our 5 -acre piece at the Tracking Station Park and ask Indian River Shores to establish some value on pieces that they might have that we might be interested in. Indian River Shores also may be able to purchase an additional piece we could trade for. Commissioner Scurlock interjected that he had looked into it a while back and believed that parcel could be developed into 16 residential lots which probably would have a value of at least $1 -million. He would rather we consider trading that 5 acres for the 40 acres.next to the Fairgrounds. He didn't want to trade a filet mignon for a hot dog. 21 1 M