Laserfiche WebLink
• <br />Z L ROUND ISLAND SOUTH LAA C SITE - DEGUZMAN PARCEL - <br />CORRECTION TO RECONCILIATION OF COSTS STATEMENT REGARDING <br />PURCHASE <br />The Board reviewed a Memorandum of November 10, 1998: <br />TO: James E. Chandler <br />County Administrator <br />DE CO <br />DATE: November 10, 1998 <br />M. ting, AICP ' <br />Community Development Director / <br />FROM: Roland M. DeBlo' <br />Chief, planning <br />SUBJECT: Approval of Corrected "Statement of Grant Award (Cost -share) Calculations" Regarding <br />County/State purchase of the DeGuzman parcel of the "Round Island South" LAAC Site <br />It is requested that the information herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of November 17, 1998. <br />The Board of County Commissioners, at a public hearing on September 8, 1998, approved county purchase of six of <br />nine parcels in the Round Island South LAAC project, with a 50% cost -share grant from the Florida Commtmnes Trust <br />(FCT). Subsequently, on October 20, 1998, the Board approved closing documents associated with the purchase, <br />including "Statements of Grant Award (Cost -Share) Calculations" (see attached minutes). <br />One of the six parcels is being acquired from the DeG»z"Ana County staff in coordinating with FCT's attorney and <br />the DeGuzman's attorney for closing of that parcel, learned that the Statement of Grant Award Calculation for the <br />DeGuzman parcel inadvertently did not include a $200 fee relating to title insurance. For that reason, attached is an <br />Amended purchaser's Reconciliation of Total project Costs" statement relating to the DeGuzman parcel for the Board's <br />approval consideration. <br />The DeGuzman reconciliation statement provides a break -down of acquisition costs, and details concerning the cost - <br />share amount that the County will receive from the FCT. The amended statement accounts for the $200 fee that was <br />inadvertently left out of the statement approved by the Board on October 20". As provided for on the revised statement, <br />5001a of the fee will be paid by the FCT, thus the con=tlon reflects $100 in additional cost to the County than what has <br />already been approved. <br />Staff recommends that the Board of Comity Commissioners approve the attached "Amended purchaser's Reconciliation <br />Of Total Project Costs" statement relating to the DeGuzman parcel of the Round Island South site, and authorize the <br />Board Chairman to execute said document <br />ON MOTION by Commissioner Adams, <br />SECONDED by Commissioner Ginn, the Board <br />unanimously approved the Amended Purchaser's <br />Reconciliation of Total Project Costs statement <br />relating to the DeGuzman parcel of the Round Island <br />South site and authorized the Chairman to execute <br />same, as recommended by staff. <br />COPY OF AMENDED RECONCILIATION IS <br />ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />NOVEMBER 17, 1998 <br />-23- <br />• <br />BOCK 107 PAGE 038 <br />