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File #: 24-1440    Version: 1 Name:
Type: Agreement/Contract Status: Passed
File created: 9/17/2024 In control: Administrative Services Department
On agenda: 10/8/2024 Final action: 10/8/2024
Title: Approval and execution of Purchase Agreement by and between Sarat K. Mak 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 1042 and 9042). District 1. (Real Estate Management Division)
Sponsors: Administrative Services-Real Estate Management
Attachments: 1. Ficquette Road 1042 and 9042 Purchase Agreement, 2. Ficquette Road 1042 and 9042 RFF, 3. 2024-10-08 Administrative Services Department Consent Item-22

Interoffice Memorandum

 

DATE: September 18, 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 Sarat K. Mak 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 1042 and 9042). District 1. (Real Estate Management Division)

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PROJECT: Ficquette Road (Parcels 1042 and 9042)

 

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

 

ITEM:
Purchase Agreement (Parcels 1042 and 9042)
Parcel 1042 Size: 6,600 square feet
Parcel 9042 Size: 4.89 acres

Warranty Deed (Instruments 1042.1 and 9042.1)

 

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

 

REVENUE: NA

 

FUNDS: $1,793,309.67 - Payable to The Closing City (Purchase price, title insurance, closing costs)

 

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

 

REMARKS: This action is for the acquisition of parcels 1042 and 9042 to facilitate the expansion of a two-lane roadway to an urban divided four-lane roadway.