Laserfiche WebLink
0 <br />BACKGROUND: <br />On November 4, 1997, the Board authorized staff to negotiate the purchase of lots 9 and 10, Booker T. <br />Washington Subdivision (see F,xlubit 1) located north of the County Administration Building. This property <br />had become available for sale due to the death of the owner. Since that authorization, staff has been in <br />contact with the estate attorney, David F. Albrecht in a effort to finalize the purchase. <br />ANALYSIS: <br />The owners have made what, staff believes, is their final offer and prepared a Contract for Sale and <br />Purchase of subject property at a price of $37,000. This is somewhat less than the original asking price of <br />$47,667.50. The appraised value of the properly is $35,000 which allows for a deduction of $2,000 for cost <br />of demolition of buildings on that property. The assessed value of the property is $42,000. <br />RECOMMENDATION: <br />Staff recommends Board approval to purchase the subject property at a price of $37,000 and pay for <br />recording, and documentary stamps. Also authorize the Chairman to execute all applicable documents. <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Macht, the Board unanimously (4-0, <br />Commissioner Eggert absent) approved the Contract for Sale <br />and Purchase of Lots 9 and 10, BOOKER T. WASHINGTON <br />SUBDIVISION, from the Estate of Millie Wright, Deceased, for <br />$37,000 plus recording costs and documentary stamps and <br />authorized the Chairman to execute all applicable documents, as <br />recommended in the memorandum. <br />COPY OF CONTRACT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO TBE BOARD <br />11.C.2. ASSIGNMENT OF LICENSE TO ALLYN WITHEE FOR <br />FOOD CONCESSION AREA IN COUNTY ADMINISTRATION <br />BUILDING <br />The Board reviewed a Memorandum of October 13, 1998: <br />October 20, 1998 <br />57 <br />• <br />BOOK 1� p�11 3 5 <br />