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Office of the <br />INDIAN RIVER COUNTY <br />ADMINISTRATOR <br />Jason E. Brown, County Administrator <br />Michael C. Zito, Assistant County Administrator <br />MEMORANDUM <br />TO: Members of the Board of County Commissioners <br />FROM: Jason E. Brown <br />County Administrator <br />DATE: December 20, 2018 <br />SUBJECT: Historic Dodgertown: Acquisition of Flight Safety Drive and Dodger <br />Road Parcels <br />On December 18, 2018, the Board of County Commissioners approved the Amended and <br />Restated Facility Lease Agreement with Major League Baseball (as the new owner of Verotown) <br />for Historic Dodgertown. In order to ensure full access and control into Historic Dodgertown <br />through Flight Safety Drive, staff has been working with Star Suites on an agreement to purchase <br />the 1.03± acre parcel containing Flight Safety Drive from Aviation Blvd., as well as the 0.46± <br />acre parcel containing Dodger Road along the south side of the Star Suites property. This <br />purchase will also ensure ownership and control of an area that has been utilized to access <br />Practice Fields 5 & 6 east of the Conference Center. Please see the attached map showing the <br />parcels to be acquired along with an aerial showing the facility in relation to the parcels. It <br />should be noted that the Facility Lease Agreement requires that the County provide access to the <br />facility through these parcels. <br />Per the agreement, the County will pay $99,750 for both parcels, which total 1.49± acres, which <br />is equivalent to $1.54 per square foot ($66,946 per acre). An appraisal from 2016 obtained by <br />the County for all three parcels (2.52± acres total), excluding the Flight Safety Drive parcel, <br />valued the property at $550,000. This amounts to $5.00 per square foot ($218,254 per acre). <br />Star Suites will, prior to closing, repair and resurface Flight Safety Drive from Aviation Blvd. to <br />the Historic Dodgertown entrance at an estimated cost of about $13,000. The County will <br />reimburse Star Suites for the cost of asphalt totaling $5,250. <br />Funding <br />Funding for this purchase in the amount of $105,000, including the cost of asphalt is available <br />from One Cent Sales Tax Reserves (account number 315039-389040). <br />36 <br />