TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Discussion regarding the purchase of real property, located within the Myakahatchee Corridor Acquisition Project, described as Lot 4, Block 610, 14th Addition to Port Charlotte Replat, PID # 0977-06-1041 in the amount of $2,800.
Recommended Action
Approve the purchase of real property, located within the Myakahatchee Corridor Acquisition Project, described as Lot 4, Block 610, 14th Addition to Port Charlotte Replat, PID # 0977-06-1041 in the amount of $2,800.
Background Information
In the fall of 2015, the City contracted with American Acquisition, Inc. to continue the pursuit of willing sellers of properties along the Myakahatchee Creek. Although the list of remaining vacant properties has been provided to Sarasota County to consider purchasing within the County’s Park Preservation and Environmentally Sensitive Lands Programs, the City continues to receive offers from willing sellers regarding property within the corridor. The City has recently been contacted by Mr. Henry Gustaf, Realtor representing Ms. Molly Patterson offering to sell her property located within the Myakahatchee Corridor Acquisition Project area, described as Lot 4, Block 610, 14th Addition to Port Charlotte Replat, PID # 0977-06-1041 in the amount of $2,800. (2017 Just Value).
In Resolution 07-R-11, the Commission authorized the City Manager or his designee to perform all actions delegable to him by law that are necessary to negotiate, enter into and consummate proposed purchases, exchanges or donations including without limitation the following:
A. Authorized to contract for necessary appraisal services, survey services, title services, legal services, closing services and any ancillary services necessary for the acquisition of said platted lots;
B. Authorized to negotiate enter into and consummate the proposed purchases and donations for the acquisition of all portions of the property
C. Authorized to purchase platted lots and tracts pursuant to Agreements for Purchase and Sale of Real Property executed by the property owner(s) and approved by the City Manager or his designee;
D. Authorized to acquire platted lots and tracts by donation subject to the procedures for acceptance of donations of real property as determined by the City Manager with the advice and counsel of the City Attorney;
E. Authorized to acquire platted lots and tracts by exchange subject to the procedures for the exchange of real property as determined by the City Manager with the advice and counsel of the City Attorney
F. Authorized to pay for the costs of acquiring such platted lots including the cost of purchase appraisal services survey services title services usual and customary closing costs the City 5 legal services and any other costs as deemed prudent to the acquisition;
G. Authorized to sign all documents on behalf of the City Commission necessary to complete the acquisition of any such lots and tracts
Staff is seeking Commission approval to proceed with the purchase of the referenced property
Strategic Plan
Preservation of Environment and Natural Resources
Financial Impact
Funds are available in CIP Project P15MCC
Procurement
Attachments:
1. Property Information and Map
2. Resolution 2007-R-11
Prepared by: Daniel Schult
Department Director: Peter Lear