Subject:
Title
Resolution declaring a parcel of County-owned land surplus, establishing a base bid, and authorizing the Economic Development Authority to seek business opportunities for the sale and development of the property through a Request for Negotiations process.
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Recommended Action:
Recommended Action
Adoption of a resolution to declare a parcel of County owned land surplus, establish a bid in the amount of $684,000.00, and adopt the resolution authorizing the Pinellas County Industrial Development Authority, d/b/a, the Economic Development Authority (EDA), to seek business opportunities for the sale and development of the property through a Request For Negotiations process. If successful, proceeds to be distributed to the EDA for the Employment Sites Program.
It is further recommended the Board of County Commissioners (Board) authorize the Clerk to record the resolution in the public records of Pinellas County.
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Strategic Plan:
Foster Continued Economic Growth and Vitality
4.1 Proactively attract and retain businesses with targeted jobs to the County and the region
4.3 Catalyze redevelopment through planning and regulatory programs
Summary:
The EDA will seek a proposal for redevelopment which will be solicited as part of the Request for Negotiations (RFN) process and evaluated based on economic development criteria and sale price. After due diligence, any private interest meeting the RFN evaluation criteria would result in a future Board decision to convey the parcel to the EDA, subject to an executed sales agreement with the interested party.
The $684,000.00 value of the base bid was determined by an independent certified appraisal, performed in accordance with Florida Statute §125.35 and Chapter 3.2.3, of the Real Estate Procedures.
The property is being sold in an "as is" condition, with no warranties and subject to the Board's approval.
Background Information:
The property is located in the City of Pinellas Park, north of the intersection of U.S. Highway 19 North and Gandy Boulevard, and is zoned P (Public Zoning District) and the Future Land Use is I (Institutional). It is located within the Community Redevelopment District, but the current Future Land Use and Zoning Division would have governing authority for development. The parcel contains approximately 74,524 square feet or 1.711 acres.
The City of Pinellas Park has requested easements over portions of the subject property for right-of-way.
In 1960, Pinellas County (County) deeded the subject property, located at 7651 U.S. Highway 19 North, Pinellas Park, to the Department of Public Safety of the State of Florida (State) per OR Bk 919, Pg 604, for use as a Highway Patrol Station. A deed restriction stated that if the property ceased to be used as a Highway Patrol Station, ownership would automatically revert to the County. The State ceased using the property and on November 19, 2014, quit-claimed the property to the County, per OR Bk 18628, Pg 2228.
Other County departments were queried and it has been determined that the County has no need for the property and it can be declared surplus.
Fiscal Impact:
Proceeds from this sale will be deposited to the General Fund Reserves.
Returning the property to private ownership will improve the tax base and provide increased future tax revenues.
The sale of this parcel will also eliminate any liability and future cost for maintenance to the County.
Staff Member Responsible:
Michael Meidel, Director, Economic Development
Andrew W. Pupke, Director, Real Estate Management
Partners:
N/A