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INDIAN RIVER COUNTY, FLORIDA { <br />MEMORANDUM!► <br />TO: Jason E. Brown, County Administrator <br />THROUGH: Richard B. Szpyrka, P.E., Public Works Director <br />FROM: Monique Filipiak, Land Acquisition Specialist <br />SUBJECT: 26th Street — Advance Acquisition of Right -Of -Way <br />2605 52nd Avenue Vero Beach, FL 32966 <br />Owner: Michael Staller <br />DATE: August 30, 2016 <br />DESCRIPTION AND CONDITIONS <br />Michael Staller owns a single family home located at 2605 52nd Avenue, Vero Beach. The home is on the <br />corner of 26th Street & 52nd Avenue. Mr. Staller approached the County and offered to sell the property. <br />The parcel is 0.36 acres in size and has 1,223 square feet of living space. The property is zoned RS -6 , <br />single family residential, up to six units per acre, and improved with a 2 bedroom, 1.1 bath Concrete Slab <br />that was built in 1964. A recent appraisal of the property performed by Kelly & Associates, a Vero Beach <br />appraisal firm, values the property at $140,000. After negotiations, Mr. Staller agreed to the purchase <br />price of $167,000. <br />FUNDING <br />Funding for this expenditure is available from Acct #10215241-066120-06011 Traffic Impact Fee - <br />District II ROW/26th St - 43rd Ave to 581h Ave. <br />RECOMMENDATION <br />Staff recommends the Board approve the attached Purchase Agreement and authorize the Chairman to <br />execute the Purchase Agreement on behalf of the Board. <br />ATTACHMENTS <br />One Original of the Purchase Agreement <br />APPROVED AGENDA ITEM <br />FC <br />BY <br />Indian River County <br />Approved 1 <br />Administration <br />(Date <br />-1 %�i <br />Budget <br />}/► <br />", <br />C/`2: -/L - <br />Legal <br />8-31- 1� <br />Public Works <br />o i -PAC <br />Engineering <br />F:\Engineering\Monique Filipiak\2605 52nd Ave - Michael Staller\Michael Staller BCC MEMO Agenda 9.13.16.doc 142 <br />