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3Q Of Ce Of Attorney's Matters 05/10/2022 Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Susan J. Prado, Assistant County Attorney INDIAN RIVER COUNTY MEMORANDUM TO: The Board of County Commissioners ATTORNEY THROUGH: Richard B. Szpyrka, P.E., Public Works Director FROM: Susan J. Prado, Assistant County Attorney DATE: April 21, 2022 SUBJECT: Acquisition of Property for future Right -of -Way for Intersection Improvements—Cherry Lane Estates, Inc. of Vero Beach Cherry Lane Estates, Inc. of Vero Beach is the owner of the parcel of property at 5825 33rd Street, Vero Beach, FL, Vero Beach, Florida depicted on the aerial photo attached to this memorandum as Exhibit "A." The parcel is an irregular shaped parcel consisting of roughly 6.45 acres located on the southwest corner of the 58th Avenue and 33rd Street intersection. The parcel is zoned RS -3, single family residential up to three units per acre. The site is currently a vacant parcel with some oak trees. Construction plans call for the County to acquire the following from Cherry Lane Estates, Inc. of Vero Beach: • A 15 foot strip along the west side of 58th Avenue, plus an additional 25 foot by 25 foot corner clip adjacent to the southwest corner of 58th Avenue and 33rd street. The site area of the proposed right-of-way is approximately 0.226 acres in size. Please see the sketch and legal descriptions that depict this property interest attached to the Agreement to Purchase and Sell Real Estate, which is attached to this memorandum as Exhibit "B." The County's appraisal for the proposed acquisition was performed by Armfield & Wagner. The appraisal assigned the proposed acquisition a value of $14,000. The appraisal did not find any severance damages. 107