Laserfiche WebLink
• <br />Date: <br />To: <br />Thru: <br />From. <br />Subject: <br />July 9, 2002 <br />The Honorable Board of County Commissioners <br />James E. Chandler, County Administrator <br />Thomas W. Frame, General Services Director/ 1-,.GC-dC� <br />Authorization to Sell Real Property to Highest Bidder <br />BACKGROUND: <br />Currently, Indian River County owns Lot 11, Block 9, Vero Beach Estates Subdivision. This lot and <br />several others were dedicated for use as a nght-of-way for the connection of Eagle Drive between Date <br />Palm Road and Beachland Boulevard. That dedication was established by resolution of the Board of <br />County Commissioners on October 3, 1944. Sometime prior to May 29, 1990, the City of Vero Beach <br />and Indian River County divested interest in the lots to each other and this particular lot was one that <br />ended up in the possession of Indian River County. <br />On July 1, 1997, the Board adopted Resolution No. 97-64 that in effect set aside the 1944 dedication <br />resolution affecting various lots including Lot 11, Block 9, Vero Beach Estates. <br />The General Services office has received an inquiry into the potential sale of the lot. It appears that the <br />lot could be sold to the highest bidder if that was the desire of the Board. The lot is only 50 feet in width <br />and would be best used for a residential purpose. The residential use to the immediate east used the <br />property at one time as a mean of ingress/egress. The garage appears to be on the north end of the <br />structure, farthest portion of the structure from Cypress Road. This property would probably be best <br />acquired by the adjacent properties for their expansion opportunities <br />According to records in the Property Appraisers office, the suggested new appraisal of the property would <br />be $65,030 and the market value would be $76,500. The return of this property back into private <br />ownership and placement on the tax roll is probably the best action that could be taken. Establishing a <br />minimum bid price and authorizing the sale of the property by public auction would likely result in the <br />best return on any anticipated sale. <br />RE COMMENDATION: <br />Authonze the sale of the property (Lot <br />noticed by the auctioneer and including a <br />the highest bidder. <br />11, Block9, (Vero Beach Estates) by public auction properly <br />minimum bid amount of $76,500 with the bid to be awarded to <br />After discussion, CONSENSUS WAS REACHFD to direct staff to first obtain an <br />appraisal on this property and bring that information back to the Board. <br />JULY 16, 2002 <br />ui <br />072 <br />-87- <br />