3/21/1995 - Laserfiche WebLink

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The property owner has executed a contract at the appraised value of $20,717. per acre for the RS -3 zoned land. The contract price is $55,124. for the 2.6608 acre 70' wide x 1655.79' parcel, improved with mature citrus grove. The property owner is paying the $500. appraisal fee out of the proceeds of the sale at closing. RECOMMENDATIONS AND FUNDING Staff request the Board of County Commissioners approve the $55,124. purchase and authorize the Chairman to execute the contract. Funding to be from District Traffic Impact Fee (4th Street) #101-156-541-066.12. The attached Budget amendment must be approved to allocate funding. ON MOTION by Commissioner Adams, SECONDED by Commissioner Eggert, the Board by a 4-0 vote (Commissioner Tippin being absent) approved the purchase of the North 70 feet of the South 100 feet of Tract 6, together with the North 70 feet of the South 100 feet of the West 10 acres of Tract 7, lying in Section 16, Township 33 South, Range 39 East, according to the last general plat of the lands of the Indian River Farms Company as recorded in Plat Book 2, Page 25, of the Public Records of St. Lucie County, Florida, now lying in Indian River County, Florida, from William H. Hensick and Sons for the amount of $55,124 with funding to be from District Traffic Impact Fees; authorized the Chairman to execute the Contract; and approved Budget Amendment 012; as recommended by staff. CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD TO: Members of the Board of County Commissioners FROM: Joseph A. Baird (' OMB Director ic�i1 ;rte : ��i�.0 ►,m.� � DATE: March 14, 1995 Entry Number Funds/Department/Account Name Account Number Increase Decrease 1. EXPENSE ROAD IMPROVEMENT FEES/Right-of-Way 101-156-541-066.12 $559124 $0 REVENUE ROAD IMPROVEMENT FEES/Cash Forward101-000-389-040.00 1 $55,124 $0 a MARCH 21, 1995 45 Boa 4 PRICE; ,.