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e;a1K <br />11.A. JUDAH PROPERTY LAAC SITE — PURCHASE <br />The Board reviewed a Memorandum of November 14, 1997: <br />TO: <br />FROM: <br />James E. Chandler <br />County Administrator <br />DEP TMENT HEAD CONCURRENCE: <br />i <br />A <br />Robert 1vf. Keating, AICP <br />Community Development Director <br />DATE: November 14, 1997 <br />Roland M. DeBlois, CP <br />Chiely Environmental Planning <br />SUBJECT: REQUEST FOR BOARD APPROVAL TO PURCHASE <br />THE JUDAH PROPERTY LAAC SITE <br />It is requested that the information herein presented be given formal consideration by the Board of <br />County Commissioners at its regular meeting of December 16, 1997. <br />SUMMARY <br />Staff recommends that the Board of County Commissioners purchase (with bond funds) the Judah <br />property LAAC site. The proposed purchase contract (already executed by the seller) is summarized <br />as follows: <br />Purchaser. Indian River County Board of County Commissioners <br />Seller. Viola Judah <br />Cost -Share: N/A <br />Total Price: $7,440 (assessed value) <br />County Bonds <br />Expenditure: ±$7,440 (appmximate, not including closing cost. as applicable) <br />Acreage: ± 0.17 acres <br />LAAC Recommendation• <br />The Land Acquisition Advisory Committee (LAAC), at its meeting on November 19. 1997. voted <br />unanimously to recommend that the Board purchase the subject Judah property at the tax assessed <br />value of $7,440. <br />Principal Conditions: <br />Closing subject to County Commission approval. will be managed as part of the overall wetlands on <br />the Oslo Riverfmnt Conservation Area property, in coordination with the Indian River Mosquito <br />Control District <br />DESCRIPTION AND CONDITIONS <br />The Judah property is currently ranked 19th out of 19 projects on the LAAC site acquisition list. As <br />directed by LAAC, staff has negotiated a purchase contract for the County to buy the Judah property <br />at the tax assessed value. Attached is a copy of the contract, signed by Ms. Judah. LAAC, at its <br />meeting of November 19, 1997, reviewed the purchase contract and recommended unanimously that <br />the Board of County Commissioners approve the purchase and authorize staff to close on the <br />property. <br />Procedures adopted by the Board of County Commissioners for environmental land acquisition <br />include confidentiality of appraisals. However, the owner has agreed to sell the property at the tax <br />assessed value, and therefore no appraisals were obtained for the subject property. <br />DECEMBER 16, 1997 <br />-40- <br />1 <br />P GE Z <br />