SUBJECT:
Title
Request Re-Approval of a Purchase Agreement Associated with the SW 49th Avenue - Segment F Road Improvement Project for Parcel Number 8009-1186-08 (Budget Impact - Neutral; expenditure of $50,400 plus closing cost as approved in the FY 2023-24 budget)
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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 re-approve a purchase agreement in the amount of $50,400 plus closing costs for parcel number 8009-1186-08 associated with the SW 49th Avenue - Segment F Road Improvement Project (from Marion Oaks Manor North to SW 142nd Place Road). This unimproved residential parcel consists of approximately 0.36 acres. The negotiated purchase price is inclusive of all fees and there is a cost savings recognized in this negotiation by avoiding additional costs that occur during condemnation proceedings. Staff recommends approval.
This agenda item was originally considered by the Board as a Consent Agenda Item during their regularly scheduled meeting on February 20, 2024. Closing costs were not included on the previous agenda item, but will be required in addition to the negotiated purchase price of $50,400 for closing.
BUDGET/IMPACT:
Neutral; expenditure of $50,400 plus closing costs (STC073813-VJ738541-561301)
RECOMMENDED ACTION:
Recommended action
Motion to re-approve the Purchase Agreement plus closing costs and authorize the Chair and Clerk to execute the same.
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