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File #: 24-1544    Version: 1 Name:
Type: Agreement/Contract Status: Passed
File created: 10/7/2024 In control: Administrative Services Department
On agenda: 10/29/2024 Final action: 10/29/2024
Title: Approval and execution of Agreement for Sale and Purchase by and between Raymond E. Davis, and Richard W. Davis, and Orange County, Florida, approval of Warranty Deed, and authorization for the Manager of the Real Estate Management Division to exercise all delegations of authority expressly provided by the Agreement for Sale and Purchase, disburse funds to pay purchase price in the amount of $214,045.25, and perform all actions necessary and incidental to closing for Green PLACE Parcel 251. District 1. (Real Estate Management Division)
Sponsors: Administrative Services-Real Estate Management
Attachments: 1. Green PLACE 251 Agreemeent, 2. Green PLACE 251 Map Criteria, 3. Green PLACE 251 RFF, 4. 2024-10-29 Administrative Services Department Consent Item-19

Interoffice Memorandum

 

DATE: October 8, 2024

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: Mindy T. Cummings, Manager

 

FROM: Maria Esham, Acquisition Agent

 

CONTACT: Mindy T. Cummings, Manager

 

PHONE: 407-836-7090

 

DIVISION: Real Estate Management Division

 

ACTION REQUESTED:

title

Approval and execution of Agreement for Sale and Purchase by and between Raymond E. Davis, and Richard W. Davis, and Orange County, Florida, approval of Warranty Deed, and authorization for the Manager of the Real Estate Management Division to exercise all delegations of authority expressly provided by the Agreement for Sale and Purchase, disburse funds to pay purchase price in the amount of $214,045.25, and perform all actions necessary and incidental to closing for Green PLACE Parcel 251. District 1.  (Real Estate Management Division)

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PROJECT:
Green PLACE Parcel 251

 

PURPOSE: To preserve Environmental Sensitive Lands (ESL).

 

ITEM:
Agreement for Sale and Purchase
(Parcel 251)
Cost: $214,045.25
Size: 5.55 acres 

Warranty Deed (Instrument 251.1)

 

BUDGET: Account No.: 1023-068-4303-6110

 

REVENUE: NA                     

 

FUNDS: $214,045.25 - Payable to Cobblestone Title Services, LLC (purchase price, title insurance, and closing costs)

 

APPROVALS:
Real Estate Management Division
Environmental Protection Division

 

REMARKS: The property is located north of SR 417 and east of S. International Drive and is identified by Parcel No.: 36-24-28-5359-00-023 (“Property”). Property appears to have platted unnamed roadways that were never improved upon and is vacant, zoned A-1, Citrus Rural, with a Low Density Residential future land use and rectangular in shape. The appraisal reported 5.56 gross acres and consists of 0.54 wetlands acres per the Land Cover map provided by EPD. Property is located within Zone “X” of FEMA Flood Map 12095C0605F.

This action adds 5.55 acres of ESL to the Environmental Protection Division’s Green PLACE Program.  Property meets the evaluation and selection criteria outlined in Administrative Regulation 11.07.01 ESL Acquisition (see attached criteria) and provides water resource protection, aquifer recharge, and flood plain storage; closes gaps between other publicly owned lands.

Closing is contingent upon completion and acceptance of due diligence of the Property, to be undertaken by the County during the inspection period. 

Seller to pay documentary stamp taxes and prorated taxes.