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2019-049
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2019-049
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Last modified
9/11/2020 2:06:43 PM
Creation date
3/27/2019 10:27:29 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/26/2019
Control Number
2019-049
Agenda Item Number
12.G.1.
Entity Name
Premier Citrus LLC
Subject
Acquisition of Three Parcels
Warranty Deed
Area
Indian Springs; Seminole Acres; Ranch Road 82nd Ave 4th St 90th Ave and 1st St
Alternate Name
Water Retention, Storage and/or nutrient treatment
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2. Park impact fees are available for a western corridor park - $1 million is budgeted in the County's <br />CIE in Fiscal Year 22/23. <br />3. Utility Impact Fees — Growth has caused the need for additional sites to dispose of or "park" <br />reclaimed water. $1.8 million is budgeted the County's CIE in Fiscal Year 20/21 for a TMDL/Utility/ <br />Effluent Storage project. <br />Should the BCC approve the proposed land purchase, a budget amendment will be necessary to allocate <br />funding for the project into the current fiscal year. <br />Note that there could be additional investment needed to further design and construct the site. Those <br />costs are not known at this time and the funding required for any future potential project are not part of <br />this agenda item and would be brought back to the BCC for approval at a future date. <br />Description <br />Account Number <br />Percent <br />Amount <br />Optional Sales tax <br />31524338-066110-19009 <br />45% <br />$2,160,180.00 <br />Park Impact Fees <br />10321072-066110-19009 <br />10% <br />$ 480,040.00 <br />Utility Impact Fees <br />472-169000-19009 <br />45% <br />$2,160,180.00 <br />Total <br />100% <br />$4,800,400.00 <br />RECOMMENDATION: <br />Staff recommends that the Board of County Commissioners authorize the Chairman to sign the purchase <br />and sale agreement for the Premier Citrus LLC properties for $4,800,400.00. <br />ATTACHMENT(s): <br />1. Purchase and Sale Agreement <br />Page 5 of 5 <br />C:\G ra nicus\Legistar5\L5\Tem p\614baa68-ed37-49d2-b48c-97d5d6a5626c.docx <br />
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