Subject:
Title
Purchase Agreement with the Florida Department of Transportation for a portion of a County-owned parcel in support of the U.S. 19 road improvement project from Northside Drive to north of CR 95.
label
Recommended Action:
Recommended Action
Approval of the resolution declaring a portion of a County-owned parcel (Property) surplus, execution of a purchase agreement, and grant authorization to sell to the Florida Department of Transportation (FDOT) in support of the U.S. 19 road improvement project from Northside Drive to north of CR 95 (Project).
• The Project will rebuild U.S. 19 between Northside Drive and CR 95 creating a six-lane controlled access road with one-way frontage roads in the north and south bound directions.
• The Property is necessary for the roadway improvement project for access for construction and maintenance activities related to a retaining wall along U.S. 19 and an access corridor to an outdoor advertising sign site.
• The purchase price is $121,711.00 based on an appraisal submitted by FDOT.
Authorize the Chairman to sign and the Clerk of the Circuit Court to attest the County deed. It is further recommended that the Board of County Commissioners sign and approve the addendum to the contract and authorize the Clerk of the Circuit Court to record the resolution in the public records of Pinellas County.
Body
Strategic Plan:
Deliver First Class Services to the Public and our Customers
5.1 Maximize partner relationships and public outreach
5.2 Be responsible stewards of the public’s resources.
Summary:
Summary
Execution of this Agreement will allow FDOT to purchase the Property in support of the Project.
Body
Background Information:
Part of a County-owned parcel along U.S. Highway 19 North and County Road 95 has been identified as needed to support the FDOT project to rebuild US 19 between Northside Drive and CR 95 creating a six-lane controlled access road with one-way frontage roads in the north and south bound directions. A purchase agreement (Agreement) has been submitted by FDOT and the amount offered is a negotiated sales price from an appraisal submitted by FDOT. County staff reviewed the submitted appraisal, which was performed by a licensed, third-party appraiser, and has accepted the valuation of the property as submitted.
The parent tract for the FDOT contract was purchased on January 27, 1994 for $467,000.00 and there is a sink hole on the property.
Fiscal Impact:
The purchase price is $121,711.00.
The sale proceeds will be returned to the Capital Projects Fund because capital funds were used for the original purchase. This revenue was not anticipated and therefore not included in the FY20 Adopted Budget.
Staff Member Responsible:
Andrew W. Pupke, Division Director, Facilities and Real Property Division
Kelli Hammer-Levy, Director, Public Works
Partners:
State of Florida, Department of Transportation
Attachments:
Purchase Agreement
Resolution
County Deed
Location Map