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SWDD Item <br />property at hand. The most recent 2014 master plan, along with the 2016 landfill operations permit, <br />maintains future landfill expansion south of the C-5 Canal, which excludes all of the northern parcels along <br />Oslo Road, including the MWI property. Thus, the current SWDD property can be surplused as it is no longer <br />needed for SWDD purposes. <br />While the current offer is slightly less than the appraisal, three factors were considered in evaluating the <br />offer from MWI. First, the current property is undeveloped and unimproved, and the offer is higher than <br />the original purchase price. Second, staff has included certain restrictions in the deed for the next 10 years <br />to protect SWDD, i.e. we have the first right of refusal if MWI decides to sell the property. Third, MWI has <br />plans to expand this facility due to increasing business in the area. Thus, by selling the property and <br />returning it to the tax rolls, the County provides an economic development benefit to the community while <br />continuing to receive tax revenue wish additional employment opportunities for local citizens. Florida <br />Statute §125.045 provides that a county may convey real estate to encourage the expansion of existing <br />businesses. Due to the economic incentive offered to the County, public bidding is not required for sale of <br />this property. <br />Funding: <br />The sale of this property for $450,000 would be placed in the SWDD/Cash Proceeds — Fixed Asset Disposal <br />account, No. 411038-364044. <br />Description <br />Account Number <br />Amount <br />SWDD/Cash Proceeds — F/A Disposal <br />1 411038-364044 <br />1 $450,000 <br />Recommendation: <br />Solid Waste Disposal District (SWDD) staff recommends that its Board approve the following: <br />a) Staff recommends the Board approve Mffl's offer to purchase the 10 -acre parcel and authorize the <br />Chairman to sign the Contract, County Deed, and any other closing documents on behalf of the <br />SWDD Board. <br />Attachment (s): <br />Letter from MWI — March 24, 2021 <br />Letter from MWI —July 19, 2021 <br />Agreement to Purchase and Sell Real Estate with Exhibits A and B <br />SWDD Agenda - Approval for Sale of SWDD Property to MWI Page 292 <br />