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Office of Consent 02/12/2019 INDIAN RIVER COUNTY ATTORNEY Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Kate Pingolt Cotner, Assistant County Attorney MEMORANDUM TO: Board of County Commissioners THROUGH: Jason E. Brown, County Administrator FROM: William K. DeBraal, Deputy County Attorney DATE: February 6, 2019 SUBJECT: Agreement to Purchase and Sell the Dodgertown Golf Course Property On January 22, 2019, the Board of County Commissioners approved a revised offer to purchase the former Dodgertown Golf Course (the Property) from the City of Vero Beach. The Property is located at the southeast corner of Aviation Boulevard and 43rd Avenue and lies adjacent to the County owned Historic Dodgertown Complex. The revisions to the offer included: • An increase to the purchase price to $2,450,000. • Deed restrictions to the 35.24 acres, which are: ➢ Granting the City of Vero Beach a right of first refusal to purchase the property if the lease with Major League Baseball is terminated. ➢ The Property will be used for passive recreation, environmental projects or activities that are ancillary to and consistent with the use of the Dodgertown property by Verotown, LLC. • Planting additional trees and landscaping along the east side of 43rd Avenue upon completion of the SR 60/43rd Avenue Improvement Project. • Construction of a walking/jogging trail on the Property. On February 5, 2019, the City Council approved the revised offer by a vote of 4-1, with one change: removal of the WHEREAS clause that references the use of the Property as a hotel site. That clause has been removed from the attached Agreement to Purchase and Sell. Funding: Funding for the $2,450,000 purchase is available from a combination of Tourist Tax Fund reserves (119) for $250,000 and Optional Sales Tax Fund reserves (315) for the remaining balance of $2,200,000. 114