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BOOK <br />EXCHANGE COUNTY PROPERTY CORNER US 1/RIVERSIDE <br />AVENUE FOR EQUAL SIZED PARCEL OF HOGANBEGLEY <br />The Board reviewed the following memo dated December 7, 1994: <br />TO: James E. Chandler, <br />County Administrator <br />FROM: James W. Davis, P.E., <br />Public Works Director <br />SUBJECT: Request by Chet Hogan and Fay Begley to Exchange a Small <br />Parcel of Riverside Avenue South Extension for an Equal Size <br />Corner Parcel on US 1/Riverside Avenue <br />REF. LETTER: Faye Begley to James Davis dated Oct. 6, 1994 <br />DATE: -December 7, 1994 FILE: BEGLEY.AGN <br />DESCRIPTION AND CONDITIONS <br />Faye Begley and Chet Hogan own a 2.3 acre parcel at the south terminus of Riverside Avenue <br />south of Sebastian. Many years ago, old US 1 traversed through the property and a portion of <br />this right-of-way divides the Riverside 2.3 acre parcel to the east and a small 60' x 125' parcel to <br />the west. Ms. Begley and Mr. Hogan would like to exchange with the County a small <br />approximately .17 acre portion of the now county unused right-of-way for their approximately <br />.17 acre frontage on US 1 (see map attached). <br />ALTERNATIVES AND ANALYSIS <br />The County Attorney's office has rendered the opinion that a straight property exchange <br />following the procedures of Florida Statutes 125.37 could take place. A resolution would be <br />prepared by the County Attorney's office. Land values should be essentially equal. The <br />exchange should be advertised as required by F.S. 127.37. <br />The following alternatives are presented: <br />Alternative No. 1 <br />Authorize staff to prepare the resolution for property exchange, advertise the <br />exchange in the local newspaper, and schedule consideration for a future board <br />meeting. Drainage within the county parcel would be relocated by Ms. Begley <br />and Mr.. Hogan. If any utilities need relocation, the requesting party or utility <br />company would be responsible. <br />Alternative No. 2 <br />Deny the request. <br />RECOMMENDATIONS AND FUNDING <br />Alternative No. ,.1 is recommended whereby staff is authorized to prepare the exchange <br />resolution, advertise the time and place that the exchange would be considered by the Board, <br />and proceed with utility relocation. No county funding is recommended. The requesting parties <br />should pay for advertising expense, etc. <br />52 <br />December 13, 1994 <br />