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P BOOK <br />IPP` <br />! F'�l,E •�+°1e.9 <br />PURCHASE AGREEMENT WITH HELEN HANSON PROPERTIES INC.& FOR LAND <br />ACQUISITION FOR ROSELAND ELEVATED STORAGE TANK <br />The Board reviewed memo from Utility Services Director Terry <br />Pinto dated August 7, 1992: <br />DATE:/AUGUST 7, 1992 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILI# 22VICES <br />PREPARED ROBERT O. WISEMEN, P.E <br />AND STAFFED ENVIRONMENTAL ENGINEER <br />BY: DEPARTMENT OF UTILITY SERVICES <br />SUBJECT: PURCHASE AGREEMENT WITH HELEN HANSON PROPERTIES, INC. <br />LAND ACQUISITION FOR ROSELAND ELEVATED STORAGE TANK <br />INDIAN RIVER COUNTY PROJECT NO. UW -92 -07 -DS <br />BACKGROUND <br />On January 21, 1992, the Indian River County Board of County <br />Commissioners authorized the staff of the Department , of Utility <br />Services to select and conduct negotiations with property owners for <br />the purpose of acquiring land for the Roseland Elevated Storage Tank <br />site (Roseland Water Tower). (See attached agenda item.) <br />ANALYSIS <br />Four potential sites have been carefully studied and forwarded to <br />the County's Planning and Zoning Department for their review. The <br />selected site for the subject elevated storage tank is located <br />behind the Riverwalk Shopping Center. It was offered, and the price <br />was agreed to by both parties. The appraised value for the land is <br />$44,000.00 (see attached appraisal). The agreed-upon price for the <br />site is $44,000.00. (See draft Contract for Sale and Purchase). <br />The total cost, including closing cost, is estimated at $45,573.00. <br />The closing cost includes title insurance, deed stamps, recording <br />deed, and surveying; this is estimated to equal $1,573.00. The <br />purchase of the site shall be funded by the water impact fee fund. <br />RECOMMENDATION <br />I <br />The staff of the Department of Utility Services recommends that the <br />Chairman of the Board of County Commissioners execute the agreement <br />with Helen Hanson Properties, Inc., when the signed agreement is <br />delivered by the seller to the County. <br />ON MOTION by Commissioner Bowman, SECONDED by <br />Commissioner Scurlock, the Board unanimously <br />approved purchase of the selected site for the <br />elevated storage tank at a total cost of $45,573.00, <br />as recommended by staff. <br />DEED AND RELATED DOCUMENTS ON THIS PURCHASE <br />ARE ON FILE IN THE OFFICE OF CLERK TO THE BOARD <br />54 <br />