4/22/1997 - Laserfiche WebLink

Home Browse Search

BOOK 10i PAGE 228 Monies received in auction of the old courthouse and other buildings were several thousand dollars over the appraised value of those properties. Based on these successful results, staff discussed the same type sale with the same company Karlin Daniel and Associates, Inc. This company has proposed a plan that would include an advertising budget of $3,855.24 with no up front cost to the County. Their expenses and profit are derived from a "buyer's premium" which they collect above and beyond the selling price. RECOMMENDATION: Staff makes the following recommendations: 1. Parcels 1 through 5 be declared surplus. (Parcels 6 through 10 were declared surplus at a earlier date). 2. Authorize these properties to be sold at a public auction under a "reserve.format". Since the property is owned by a governmental agency, a gross reserve -figure of $124,000 is recommended A gross reserve figure would remove price reservations from potential bidders and allow them to establish the full market value at the auction. The County Attorney's Office feels this would meet all statutory requirements. 3. Authorize Karlin Daniels & Associates to auction off Parcels 1-10 to the highest bidder in accordance with Florida Statutes. 4. Authorize the Board Chairman to execute an auction and Purchase agreement in advance of the sale as was done at the last surplus real property sale. In response to Chairman Eggert's concern about using Karlin Daniels versus using a local auctioneer, Director Dean responded that the auctioneer who worked for Karlin Daniels is a local resident. He added that we are not required to go out to bid as this item falls under the Purchasing Ordinance. Staff had looked at it and had determined it best for the County to use the services of Karlin Daniels in this instance. Commissioner Adams was concerned about the fifth parcel (old water treatment plant site) and suggested that the City of Sebastian be contacted to see if they are interested in it for a neighborhood park Commissioner Ginn agreed that was a good point. County Administrator James E. Chandler advised that he would contact Sebastian's City Manager Tom Frame to see if the City is interested. Commissioner Adams then asked if Habitat for Humanity would be interested in any of the Parcels, and Director Dean advised that the list would be made available to them as part of the process. Commissioner Ginn asked about the advertising budget, and Director Dean advised that the $3,855.24 amount will be used as the advertising budget. There will be no cost to the County for advertising. The advertising cost is included in the buyer's 10% premium.. April 22, 1997