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INDIAN RIVER COUNTY MEMORANDUM I TO: Joseph A. Baird, County Administrator CONSENT THRU: Christopher R. Mora, P.E., Public Works Director FROM: Monique Filipiak, Land Acquisition Specialist SUBJECT: Purchase of Scrub Jay Property — 10.64 Acres 2050 Barber Street, Sebastian, FL 32958 DATE: April 6, 2016 DESCRIPTION AND CONDITIONS Jane Schnee, owner of the 10.64 acre property at 2050 Barber Street, approached the County and offered to sell the property. The 10.64 acre parcel is located on the north side of Barber Street within the City of Sebastian, approximately one-quarter mile west of the FEC railroad tracks. The property is approximately 50% trees/vegetation and 50% grass/field. The County has no plans to improve the property, but intends to purchase the property for the public benefit of acquiring native scrub land for conservation and for compatible passive recreation, as well as for potential future mitigation credit for public works projects. The property is zoned RM -8. According to a listing compiled in 2009 by the County Land Acquisition Advisory Committee (attached), the Schnee property (aka "Sebastian Village Scrub") was valued at approximately $2.6 million. County staff negotiated with Ms. Schnee and agreed to a purchase price of $112,000.00 for the property. There are no attorney or appraisal fees. FUNDING Funds for this expenditure are available through a Budget Amendment from Native Uplands Acquisition Fund/Cash Forward and expensed to Native Uplands Acquisition/ All Land — Acct # 12721072-066110 ALTERNATIVE I The Board's options include the following: i Alternative 1: Approve the attached Agreement for Purchase of property for $112,000.00 and authorize the Chairman to execute the contract on behalf of the Board. Alternative 2: Reject the terms of the Agreement and cancel the purchase. 139