Interoffice Memorandum
DATE: May 9, 2025
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: Mindy T. Cummings, Manager
FROM: Bruce W. Hardaway, Program Coordinator
CONTACT: Mindy T. Cummings, Manager
PHONE: 407-836-7090
DIVISION: Real Estate Management Division
ACTION REQUESTED:
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Approval of bid amount, approval and execution of County Deed by Orange County and Carter-Kaley Street, LLC, authorization for the Manager of the Real Estate Management Division to perform all actions necessary and incidental to closing, and authorization to record instrument for S011 - 438 W. Kaley Street. District 6. (Real Estate Management Division)
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PROJECT: S011 - 438 W. Kaley Street
PURPOSE: To dispose of property surplus to the needs of the County.
ITEM:
County Deed
Revenue: $3,000,000
Size: 1.735 acres
BUDGET: N/A
REVENUE: 4430-035-0900-6420
FUNDS: N/A
APPROVALS: Real Estate Management Division
REMARKS: On September 24, 2024, the Board declared the property at 438 W. Kaley Street (Property) surplus and authorized a public sale, Resolution No. 2024-M-37 (Resolution). In accordance with F.S. 125.35(1)(c), notices of the intended action to sell the Property were published once a week, for four weeks, in the Orlando Sentinel. In addition, the Real Estate Management Division (REM) sent notifications of the sale directly to the owners adjacent to the Property. No bids were received after the first rounds of publication and notices were sent. Thereafter, REM readvertised the Property published once a week, for three weeks, in the Orlando Sentinel. In addition, the REM sent notifications of the sale directly to the owners adjacent to the Property.
REM received two bids from the same bidder. However, neither bid was equal to or greater than the stated minimum bid in the Resolution: $4,050,000. Per the Resolution, REM is presenting the highest and best bid received in the amount of $3,000,000 for the Board's approval. Due to the current condi...
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