SUBJECT:
Title
Request Approval of a Purchase Agreement Associated with the SW 49th Avenue Segment F Road Improvement Project for Parcel 8001-0122-16 (Budget Impact - Neutral; expenditure of $298,300 as approved in the FY 2023-24 budget)
Body
INITIATOR:
DEPARTMENT:
Steven Cohoon P.E., County Engineer
Office of the County Engineer
DESCRIPTION/BACKGROUND:
This is a request to approve a Purchase Agreement in the amount of $298,300 plus closing cost for parcel 8001-0122-16 associated with the SW 49th Avenue - Segment F Road Improvement Project (from Marion Oaks Manor north to SW 142nd Place Road). This is an improved lot consisting of approximately 0.26 acres. The 1,540 square foot single family residence, constructed in 2004, consists of three (3) bedrooms and two (2) bathrooms. The negotiated agreement is inclusive of any and all cost associated with this transaction. There is cost savings recognized in this negotiation by avoiding additional costs that occur during condemnation proceedings.
BUDGET/IMPACT:
Neutral; expenditure of $298,300 plus closing cost (STC073813-VJ738541-561301)
RECOMMENDED ACTION:
Recommended action
Motion to approve the Purchase Agreement and authorize the Chair and Clerk to execute the same.
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