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7 <br />The property is zoned RS -6. One row of citrus trees (36) are in the additional right-of-way. The <br />owner previously sold right-of-way on 41st Street to the county at $22,505 per acre. <br />Contract For Sale and Purchase: <br />LAND, 10'x 1,253.1' (.288 acre) @ $22,500 /acre $6,480.00 <br />Cost of 36 trees in Right-of-way, 5 year income loss to maturity $1,890.00 <br />Cost to owner to relocate the eight furrow row drain tiles $1.200.00 <br />FULL COMPENSATION $9,570.00 <br />Staff feels the contract is an equitable negotiated settlement, with no additional attorney or appraisal <br />fees, although the land is at the upper range of value with comparable sales in the neighborhood. <br />RECOMMENDATION <br />Staff requests the Board accept the contact and direct the Chairman to execute the contract on the <br />Board's behalf. <br />FUNDING <br />Funding is available from Traffic Impact Fee District 8 Fund. <br />ON MOTION by Commissioner Ginn, SECONDED by <br />Commissioner Adams, the Board unanimously accepted the <br />Contract with Samuel A. and Audrey B. Hunter in the amount <br />of $9,570 and authorized the Chairman to execute same, as <br />recommended by staff. <br />CONTRACT IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />11.G.2. 4TH STREET RIGHT-OF-WAY ACQUISITION — COOK <br />INVESTMENTS — PARCEL #107 <br />The Board reviewed a Memorandum of September 4, 1997: <br />.O: James E. Chandler <br />County Administrator <br />THROUGH: tames W. Davis, -.E. <br />Public Works Director <br />-erry B. --hompscr.,=.E. <br />Capital Projects Manager <br />FROM: Donald G. Finney, SRAM �^ �• <br />County Right -of -Way Agent <br />SUBJECT: 4°h Street Right -of -Way Acquisition <br />Cook Investments, Parcel #107 <br />County Project No. 9205 <br />DATE: September 4, 1997 <br />Additional right-of-way is required on 4" Street for the paving and <br />widening improvements. <br />SEPTEMBER 16, 1997 <br />