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File #: 24-1349    Version: 1 Name:
Type: Agreement/Contract Status: Passed
File created: 8/29/2024 In control: Administrative Services Department
On agenda: 9/24/2024 Final action: 9/24/2024
Title: Approval and execution of Agreement for Sale and Purchase by and between The Akula Family Limited Partnership 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 $1,386,000 and perform all actions necessary and incidental to closing for Green PLACE Parcel 222. District 1. (Real Estate Management Division)
Sponsors: Administrative Services-Real Estate Management
Attachments: 1. Green PLACE 222 Agreement for Sale, 2. Green PLACE 222 Map and Criteria, 3. Green PLACE 222 RFF, 4. 2024-09-24 Administrative Services Department Consent Item-20
Interoffice Memorandum

DATE: August 29, 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 The Akula Family Limited Partnership 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 $1,386,000 and perform all actions necessary and incidental to closing for Green PLACE Parcel 222. District 1. (Real Estate Management Division)
body

PROJECT: Green PLACE Parcel 222

PURPOSE: To preserve Environmental Sensitive Lands (ESL).

ITEM:
Agreement for Sale and Purchase
(Parcel 222)
Cost: $1,386,000
Size: 361.53 acres

Warranty Deed
(Instrument 222.1)

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

REVENUE: N/A

FUNDS: $1,393,721.50 - 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 along the south-shore of Lake Sheen and west-shore of Pocket Lake in unincorporated Orlando, on Kilgore Road ("Property") (see attached map - area in turquoise). This landlocked parcel (parcel ID 04-24-28-0000-00-077) is vacant and zoned R-CE, Rural Country Estates, with a Rural future land use by Orange County. Property includes a total of 361.53 gross acres which includes 256.6 acres of lake bottom within Lake Sheen and Pocket Lake. Based on County records, the land area, not including the lake, includes approximately 104.93 acres of wetland area. Property is irregular in shape and located within Zone "AE" of FEMA Flood Map 12095C0395F.

Th...

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