| | | | | | | |  | ITEM 7.
County Lands - Consent |
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| | | | | | | | | DATE: | April 2, 2024
| | DEPARTMENT: | County Lands
| | REQUESTER: | Robert Clemens
| | TITLE: | Approve Purchase of Land for Future Roadway Expansion of Sunshine Blvd. |
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| | | | | | | | | I. | MOTION REQUESTED | | | A) Approve Purchase Agreement with M&E Development, LLC, to acquire +/-8.8 acres of land (Parcel 104) in the amount of $340,000, for the future widening of Sunshine Boulevard North, pursuant to the terms and conditions of the Agreement. The property is located at 3400 Sunshine Boulevard North, Lehigh Acres;
B) Authorize Chair to execute the Purchase Agreement on behalf of the Board;
C) Authorize payment of fees and costs, estimated at $20,000, to complete the transaction;
D) Authorize County Lands to handle and accept all documentation necessary to complete the transaction; and
E) Approve a Budget Transfer of Funds from Road Impact Fees Central District Reserve Fund 38823 in the amount of $360,000 and adjust the FY 2023/24 Capital Improvement Program accordingly. |
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| | | | | | | | | II. | ITEM SUMMARY | | | Acquires +/-8.8 acres for the future expansion of Sunshine Boulevard North. The purchase amount is $340,000 plus closing costs estimated at $20,000. Sunshine Boulevard North is a project identified and included in the Transportation Priorities that were adopted by the Board of County Commissioners on June 6, 2023. The property is located on the south side of Sunshine Boulevard North, west of the intersection with Flora Avenue North, Lehigh Acres. Funding for this purchase was not included in the current budget, a transfer from Road Impact Fee Reserves is being requested to cover the cost of the property plus closing costs. The purchase price is supported by an appraisal and subsequent purchase of a similar 8.8-acre parcel for $340,000. |
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| | | | | | | | | III. | BACKGROUND AND IMPLICATIONS OF ACTION |
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| | | | | | | | | | A) | Board Action and Other History | | | | |
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| | | | | | | | | | D) | Analysis | | | | A +/-8.8-acre tract of land, located at 3400 Sunshine Boulevard North, Lehigh Acres, is available for purchase by the County. This vacant residential tract is a linear parcel along the south side of Sunshine Boulevard North, west of the intersection with Flora Avenue North. Per discussions with the Community Development department, the tract can support up to 21 residential units.
Owner: M&E Development, LLC, a Florida limited liability company
Site Address: 3400 Sunshine Boulevard North, Lehigh Acres
STRAP No.: 13-46-26-11-00000.K000
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. Acquiring the tract voluntarily, prior its subdivision and development by M&E Development, will provide a significant cost savings to the County, preclude potential driveway connections to the roadway corridor, and avoid the potential relocation of residents.
Estimated Closing Costs: $20,000 (Costs include environmental assessment, title commitment/policy, survey tasks, and closing expenses)
The property sold in December of 2023. See attached 5-Year Sales History. |
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| | | | | | | | | | A) | Current year dollar amount of item:
| $360,000 | | | 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:
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| REVIEWERS: | | Department | Reviewer | Action | Date | | County Lands | Clemens, Robert | Approved | 3/20/2024 - 9:52 AM | | County Lands | Price, Rob | Approved | 3/8/2024 - 7:09 AM | | Budget Services | Guttery, Angela | Approved | 3/21/2024 - 12:42 PM | | Budget Services | Winton, Peter | Approved | 3/21/2024 - 1:48 PM | | County Attorney | Halverson, David | Approved | 3/26/2024 - 9:30 AM | | County Manager | Mora, Marc | Approved | 3/26/2024 - 1:34 PM |
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