SUBJECT:
Title
Request Approval of a Master Real Estate Agency Disclosure Between Marion County and American Acquisition Group, LLC, Associated with the SW/NW 80th/70th Avenue Segment 3 Road Improvement Project (Budget Impact - None)
Body
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INITIATOR: |
DEPARTMENT: |
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Steven Cohoon, P.E., County Engineer |
Office of the County Engineer |
DESCRIPTION/BACKGROUND:
This is a request to approve a Master Real Estate Agency Disclosure between Marion County and American Acquisition Group, LLC (AAG) associated with the SW/NW 80th/70th Avenue Segment 3 Road Improvement Project (approximately 900 feet north of SR 40 to approximately 600 feet south of US 27). AAG has been retained to act on behalf of Marion County to assist in the right-of-way acquisition process related to this project.
In accordance with Florida Statute, this disclosure form identifies AAG as a “single agency firm” representing Marion County as a buyer. Single agents may represent either a buyer or a seller, but not both, in a real estate transaction. This disclosure is required at first contact to potential sellers and buyers prior to discussion of negotiations, price, terms, or conditions of a potential sale.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
Motion to approve the Master Real Estate Agency Disclosure and authorize the Chairman and Clerk to execute the same.
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