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134 Office of Attorney's Matters 12/8/2020 INDIAN RIVER COUNTY Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Susan J. Prado, Assistant county Attorney MEMORANDUM TO: Board of County Commissioners ATTORNEY THROUGH: Richard B. Szpyrka, P.E., Public Works Director FROM: William K. DeBraal, Deputy County Attorney DATE: December 1, 2020 SUBJECT: Approval of Agreed Order of Take for a Parcel of Right -Of -Way Located at 6600 65th Street, Vero Beach, FL 32967 Owned by Harish and Deepti Sadhwani Harish and Deepti Sadhwani own a 19.54 acre parcel of property located at 6600 65th Street. The property is located at the northwest corner of 66th Avenue and 65th Street. This site is rectangular in shape with 1,309 feet of frontage along 66th Avenue and is 652 feet deep. The property is located outside the urban service boundary and is zoned A-1, Agricultural, up to one unit per five acres. The property is improved with 3 strand barbed wire fencing. There are no structures on the property. The Sadhwanis purchased this property back in 2004 for $760,000, or approximately $38,900 per acre. In order to accommodate the planned improvements to 66th Avenue, the County needs to acquire approximately 7.86 acres from the Sadhwanis, 5.28 acres will be used for right- of-way and 2.58 acres will be used for a stormwater retention pond. The only site improvements lying within the area of take is the fencing. A aerial photo of the parent parcel, and a sketch and legal description of the right-of-way and pond parcels are attached to this memorandum. A recent appraisal establishes the value of the entire parcel at $450,570. The partial taking was valued at $184,000. Severance damages may apply as the take will result in a 40% reduction to the size of the property. A copy of the appraisal is available for review at the Board of County Commissioners' office. On July 14, 2020, the Board approved an Unconditional Offer to purchase the necessary 121