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• • <br />there is 30 -feet of existing road right-of-way and an additional 35 -feet of Murphy Act <br />Reservation. Purchasing the additicnal 35 -feet will attain the 100 -foot ultimate nght-of-way for <br />this location. The property owner has been encouraged to quitclaim deed the 35 -feet of Murphy <br />reservation to the County to create a continuous corridor of right-of-way and eliminate the <br />easement. The property owner has executed a contract at a negotiated price of 519,000.00 per <br />acre, which is based on current sales and asking prices for this I -G zoned land. <br />The contract price is 36,004.00, which is for land only. This price is calculated by multiplying <br />0.316 acres x $19,000.00 per acre. There are no appraisal or attorneys fees <br />ALTERNATIVES AND ANALYSIS <br />None. <br />RECOMMENDATIONS <br />Staff recommends that the Board of County Commissioners approve the $6,004.00 purchase and <br />authorize the Chairman to execute the contract <br />Funding. will be from Account # 315-214-541-066.12 <br />JULY 2, 2002 <br />ON MOTION by Commissioner Ginn, SECONDED <br />by Commissioner Tippin, the Board, by a 4-0 vote <br />(Commissioner Macht absent) unanimously <br />approved the $6,004 purchase and authorized the <br />Chairman to execute the contract, as recommended <br />by staff. <br />CONTRACT IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />-85- <br />