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File #: 24-1347    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 Purchase Agreement by and between SEDA Transport LLC and Orange County, approval of Warranty Deed, and authorization for the Manager of the Real Estate Management Division to exercise all delegations of authority expressly provided for by the Purchase Agreement, disburse funds, and perform all actions necessary and incidental to closing for Ficquette Road Parcels 1041 and 9041. District 1. (Real Estate Management Division)
Sponsors: Administrative Services-Real Estate Management
Attachments: 1. Ficquette Rd 1041 and 9041 Purchase Agreement, 2. Ficquette Rd 1041 and 9041RFF, 3. 2024-09-24 Administrative Services Department Consent Item-18

Interoffice Memorandum

 

DATE: August 29, 2024

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: Mindy T. Cummings, Manager

 

FROM: Jeffrey Reyes, Senior Acquisition Agent

 

CONTACT: Mindy T. Cummings, Manager

 

PHONE: 407-836-7090

 

DIVISION: Real Estate Management Division

 

ACTION REQUESTED:

title

Approval and execution of Purchase Agreement by and between SEDA Transport LLC and Orange County, approval of Warranty Deed, and authorization for the Manager of the Real Estate Management Division to exercise all delegations of authority expressly provided for by the Purchase Agreement, disburse funds, and perform all actions necessary and incidental to closing for Ficquette Road Parcels 1041 and 9041.  District 1. (Real Estate Management Division)

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PROJECT:
Ficquette Road Parcels 1041 and 9041

 

PURPOSE: To provide for access, construction, operation, and widening of an existing roadway.

 

ITEM:
Purchase Agreement
(Parcels 1041 and 9041)
Parcel 1041 Size: 6,600 square feet
Parcel 9041 Size: 213,357 square feet

Warranty Deed (Instrument 1041.1/9041.1)

 

BUDGET: Account No: 1034-072-5140-6110

 

REVENUE: None

 

FUNDS: $1,902,979.54 - Payable to The Closing City (purchase price, title insurance, closing costs)

 

APPROVALS:
Real Estate Management Division
County Attorney’s Office
Risk Management Division
Public Works Department

 

REMARKS: This action is for the acquisition of parcels 1041 and 9041 to facilitate the expansion of a two-lane roadway to an urban divided four-lane roadway.