Staff recommends approval of the attached resolution authorizing purchase of property from the Christian & Missionary Alliance Church for $329,906.76.
The extension of Magnolia Street from 12th Street to U. S. Highway 27 is in the Capital Improvement Plan for right-of-way acquisition this year. This property consisting of 7,077.5 square feet is adjacent to the former Atlantic Coast Line Railroad Right of Way, fronting on US Hwy 27. The purchase of this property will allow the Magnolia Street extension to be designed to intersect 14th Street at the traffic light at Leesburg High School.
The City is acquiring the parcel north of the railroad ROW (adjacent to the Public Works site), and easements along the railroad ROW and U.S. Hwy 27 to accommodate alignment of the Magnolia Street extension with the entrance road to the Leesburg High School and a turning radius and apron onto 14th Street.
The proposed contract provides for a cash payment, as well as two negotiated stipulations. The City will build a paved driveway apron to the church property when the extension is constructed, and will provide master-planned stormwater retention that will accommodate runoff from the church’s future parking lot. The obligation for the latter is limited to the impervious surface area shown on a preliminary design that the Church provided to the City.
1. Adopt the attached Resolution; or
2. Such alternative action as the Commission may deem appropriate.
The purchase price of this property is $329,906.76. Funds will be taken from bond proceeds in Account No. 031-5112-541-6310. This project is included in the list of bond funded projects from the Series 2004 issue.
Prepared by: E.F. Smyth, ACM
Attachments: Yes____ No X
Advertised: ____Not Required ______
Attorney Review : Yes X No ____
Reviewed by: Dept. Head ________
Finance Dept. _____wp_____________
Deputy C.M. ___________________
City Manager _________RS__________
Account No. 031-5112-541-6310
Project No. _310051__________
WF No. ____328039-1__________
RESOLUTION NO. _____
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT FOR SALE AND PURCHASE BETWEEN CHRISTIAN & MISSIONARY ALLIANCE CHURCH, AS SELLER, AND THE CITY OF LEESBURG, AS BUYER; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED by the City Commission of the City of Leesburg, Florida:
That the Mayor and the City Clerk are authorized and directed to execute a Contract for Sale and Purchase between Christian & Missionary Alliance Church, whose address is 218 South 14th Street, Leesburg, Florida 34748 and The City of Leesburg, Florida, in the form attached as Exhibit "A" to this resolution.
THIS RESOLUTION shall become effective immediately.
PASSED AND ADOPTED at the regular meeting of the City Commission of the City of Leesburg, Florida, held on the _12th_____ day of February_____________, 2007.
THE CITY OF LEESBURG