Item Coversheet
ITEM 14.
County Lands - Consent

AGENDA ITEM REPORT

DATE:November  7, 2023 
DEPARTMENT:County Lands
REQUESTER:Robert Clemens 
TITLE:Approve Purchase of Land for Future Expansion of Sunshine Blvd. N., Lehigh Acres 

I.MOTION REQUESTED
 A) Approve Purchase Agreement with Clarence E. and Deborah L. Solloway to purchase a 3.1+/- acre tract in the amount of $100,000, for the future widening of Sunshine Boulevard North, pursuant to the terms and conditions of the Agreement. The property is located at 3120 Sunshine Boulevard North, Lehigh Acres;
B) Authorize Chair to execute the Purchase Agreement on behalf of the Board;
C) Authorize County Lands Director to extend the due diligence period to close the transaction, if necessary;
D) Authorize payment of fees and costs, estimated at $17,500, to complete the transaction;
E) Authorize County Lands to handle and accept all documentation necessary to complete the transaction; and
F) Approve a Budget Transfer of Funds from Road Impact Fees Central District Reserve Fund 38823 in the amount of $117,500 and adjust the FY 2023/24 Capital Improvement Program accordingly.
II.ITEM SUMMARY
 Acquires +/-3.1-acres for the future expansion of Sunshine Boulevard North, in the amount of $100,000 plus closing costs estimated at $17,500. The Sunshine Boulevard North project was included in the Transportation Priorities adopted by the Board on June 6, 2023. The property is located on the southside of Sunshine Boulevard North at the Olive Ave North intersection in Lehigh Acres. Funding for this purchase was not included in the current budget, a transfer from Road Impact Fee Reserves is being requested for the purchase.
III.BACKGROUND AND IMPLICATIONS OF ACTION
 A)Board Action and Other History
  
 B)Policy Issues
  
 C)BoCC Goals
  
 D)Analysis
  A 3.1-acre tract of land, located at 3120 Sunshine Boulevard North, Lehigh Acres, is available for purchase by the County. The vacant property is a linear tract along the southside of Sunshine Boulevard North at the intersection with Olive Ave North. The property can be utilized for the future expansion of the roadway corridor. Acquiring the property prior to residential development will also provide a significant cost savings to the County in the future.

Owners: Clarence E. and Deborah L. Solloway, H/W
Site Address: 3120 Sunshine Boulevard North, Lehigh Acres
STRAP No.: 14-44-26-08-00000-T000

Purchase Price: $100,000

This property was not appraised. However, a neighboring tract was recently appraised by the County, which valuation supports the purchase price. See the attached Value Justification Analysis.

Estimated Closing Costs: $17,500 (Costs include environmental assessment, boundary survey, title commitment/policy, and closing expenses)

The property has not sold in the prior 5 years.
 E)Options
  
IV.FINANCIAL INFORMATION   
 A)Current year dollar amount of item:
$117,500
 B)Is this item approved in the current budget?No
 C)Is this a revenue or expense item?Expense
 D)Is this Discretionary or Mandatory?Discretionary   
 E)Will this item impact future budgets?
If yes, please include reasons in III(D) above.
No
 F)Fund: Road Impact Fees Central District
Program: Capital Projects
Project: Sunshine Blvd North
Account Strings: 20079438823  
 G) Fund Type?Other:  Road Impact Fees 
 H)Comments:
 
V.RECOMMENDATION
 Approve  
VI.TIMING/IMPLEMENTATION
 
VII.FOLLOW UP
 
ATTACHMENTS:
DescriptionUpload DateType
Purchase and Sale Agreement10/23/2023Agreement
Valuation Justification Analysis10/23/2023Backup Material
Title Data10/23/2023Backup Material
Location Maps10/23/2023Backup Material
Request for Transfer of Funds10/23/2023Transfer of Funds
110723R-C-14-Transfer of Funds11/15/2023Transfer of Funds
110723R-C-14-Agreement for Purchase and Sale of Real Estate5/30/2024Agreement
110723R-C-14-Agreement for Purchase and Sale of Real Estate Doc(s)5/30/2024Agreement
REVIEWERS:
DepartmentReviewerActionDate
County LandsClemens, RobertApproved10/25/2023 - 11:45 AM
County LandsCerchie, RandyApproved10/25/2023 - 2:14 PM
Budget ServicesGuttery, AngelaApproved10/27/2023 - 8:13 AM
Budget ServicesWinton, PeterApproved10/30/2023 - 11:53 AM
County AttorneyHalverson, DavidApproved10/31/2023 - 8:25 AM
County ManagerMora, MarcApproved10/31/2023 - 12:05 PM