Staff recommends approval of the attached
resolution and agreement for the purchase of
approximately 18.263 square feet located in Section 22, Township
19, Range 25, Lot 11, Lake Harris Estates .
Development between College Drive and Radio Road, south of U.S. Hwy 441, along with the widening of US 441, has increased traffic flow in this area and the hazards for the motoring public attempting to travel between businesses within this corridor. Staff is proposing the extension of the travel corridor between Ruby Tuesday on the west, and Midas Muffler on the east. Some of the area necessary has been acquired through dedication and developer agreement, while other portions will need to be purchased.
Mr. Hart and Mr. Garcia have agreed to sell one of three lots at the eastern end of the proposed project. The property will be used for a section of the roadway, trail area, and stormwater retention.
On March 9, 2006 the City engaged Clayton, Roper & Marshal to perform an appraisal of the subject property. The appraisal was returned April 10, 2006 showing the land to have a value of $46,000. The subject property also contains a residential structure. The appraiser did not assign any value to this structure during their work. The owners believe that the structure has a value of $15,000, and have offered to sell the lot and structure for a total of $61,000. Staff agrees there is value to the existing residential structure, and that the value assigned by the owners is not an unreasonable amount.
1. Adopt the Resolution authorizing the purchase agreement for Lot 11, Lake Harris Estates
2. Such alternative action as the Commission may deem appropriate
As a result of the
difference between the appraised value and the agreed upon purchase price
approval by the City Commission will require a super-majority vote (4
-1-0) to adopt
the resolution. Funds are
available for this purchase from _______________________
Prepared by: E.F. Smyth, ACM
Attachments: Yes X No ______
Advertised: ____Not Required X
Attorney Review : Yes X No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT WITH RON HART AND BEN GARCIA TO PURCHASE OF PROPERTY LYING IN SECTION 22, TOWNSHIP 19, RANGE 25, LOT # 11, LAKE HARRIS ESTATES; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to
execute an agreement with Ron Hart and Ben Garcia for whose address is 6701 Lake Kirkland Dr,
Clermont, Fl 34714, for the purchase
approximately 18.263 square feet, Section 22, Township 19, Range 25, Lot
# 11, Lake Harris Estates, for $61,000.00 which is in excess of the
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg,
Florida, at a regular meeting held the __
day of __ May_______