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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM. <br />TO: <br />Jason E. Brown, County Administrator <br />THROUGH: <br />Richard B. Szpyrka, P.E., Public Works Director <br />FROM: <br />Monique Filipiak, Land Acquisition Specialist <br />SUBJECT: <br />Advance Acquisition of Right -of -Way <br />695 Old Dixie Highway SW, Vero Beach, FL 32962 <br />Owners: Robert E. Hale and David DeBerry <br />DATE: <br />January 17, 2020 <br />DESCRIPTION AND CONDITIONS <br />Robert E. Hale and David DeBerry own a 1.32 acre parcel of property located at 695 Old Dixie Highway <br />SW, Vero Beach, FL 32962. Staff was approached by Mr. Hale and Mr. DeBerry who want to sell the <br />property. The subject property consists of a vacant commercial site that is located along the east side of <br />Old Dixie Highway, north of Oslo Road. The property is zoned CL, Limited Commercial District. Indian <br />River County is purchasing the property for future stormwater and drainage purposes. <br />The County obtained an appraisal of the property indicating a value of $175,000.00. The County offered <br />$175,000.00 to purchase the property. After a few weeks of negotiations all parties agreed on the <br />$175,000.00 purchase price. <br />FUNDING <br />Funds for this expenditure are budgeted and available from Optional Sales Tax/Road & Bridge/Right <br />of Way, Acct# 31521441-066120. <br />RECOMMENDATION <br />Staff recommends the Board approve the Purchase Agreement for the 1.32 acre of property located at <br />695 Old Dixie Highway SW, Vero Beach, FL 32962, and authorize the Chairman to execute the purchase <br />agreement on behalf of the Board. <br />ATTACHMENTS <br />Purchase Agreement <br />Boundary Survey <br />Aerial Location Map <br />APPROVED AGENDA ITEM FOR: February 4, 2020 <br />