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<br /> TO : James E . Chandler, County Administrator
<br /> THROUGH : James W. Davis, P . E . , Public Works Directo
<br /> AND
<br /> Christopher J. Kafer, Jr. , P. E . , County Engmee
<br /> FROM : Ronald L . Callahan, SRA, Right-of-Way Age
<br /> 14e(
<br /> SUBJECT : Right-of-Way Acquisition
<br /> VERO LAKE ESTATES, Unit L, Block B, Lot 8
<br /> Drainage Improvements/Project No. 981=24C
<br /> Morris Rabinowitz, as Trustee and Harry Langsam
<br /> DATE : April 3 , 2001
<br /> DESCRIPTIONS AND CONDITIONS
<br /> To facilitate the overall drainage plan for the Vero Lake Estates Project, which will provide an
<br /> infrastructure which includes a system of canals and culverts for the retention and removal of
<br /> excess stormwater, it is necessary to acquire the above referenced residential lot situated on 98 '
<br /> Court . This lot is an essential link in a chain of lots between 98 " Avenue and 102nd Avenue and
<br /> will form a canal with the ultimate purpose of retaining and ultimately transferring large amounts
<br /> of stormwater into various lakes and ultimately into the St. Sebastian River.
<br /> The owners have executed a contract at a negotiated price of $ 6, 500. 00 for this RS -3 zoned lot.
<br /> This price is situated at the upper end of the price spectrum for the subdivision but is supported
<br /> by several residential lots, which were recently offered for sale at $6, 500. 00, and is essential to
<br /> the completion of the project. Initially, it appeared that this contract would consummate at a
<br /> figure less than $ 5 , 000. 00; hence, Mr. Chandler ' s name appears as signatory. However, after
<br /> negotiation, the price concluded at $ 69500 . 00, which requires approval of the Board of County
<br /> Commissioners and the signature of the Chairman, whose name has been added as an attachment
<br /> to the contract.
<br /> The contract price is $6, 500. 00 based on a 75 ' x 130 ' lot, which encompasses 9, 750 square feet.
<br /> There are no appraisal or attorneys fees . Other terms and conditions in the contract are as
<br /> follows :
<br /> a ) The $6 , 500. 00 will be net to the sellers . There will be no expenses taken from the contract
<br /> price;
<br /> b) There will be no assessments levied against the property owners as a result of this project
<br /> beyond the MSBU assessments currently in place.
<br /> ALTERNATIVES AND ANALYSIS
<br /> 1 . Pay the $ 6 , 500. 00 and proceed with the project ;
<br /> 2 . Do not approve the price and continue to negotiate. Sellers have stated that this is their final
<br /> offer and have not deviated from this position since May of 2000 . Continued negotiation will
<br /> not likely produce any tangible results ;
<br /> 3 . Condemn the property.
<br /> April 17 , 2001
<br /> 62
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