TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: A Resolution of the City Commission of the City of North Port, Florida as the Governing Body of the North Port Road and Drainage District, Authorizing the Purchase of Real Property Located on Devonia Circle and Described as the North ±140 Feet of Tract B, and Tract Y, of the Forty-Sixth Addition to Port Charlotte Subdivision, Sarasota County Property Appraiser Parcel Identification Number 1151218712; Incorporating Recitals; Providing for Filing of Documents; Providing for Conflicts; Providing for Severability; and Providing an Effective Date.
Recommended Action
Approve Resolution No. 2024-R-67 as presented.
Background Information
The Department of Public Works seeks to purchase a 6.79-acre vacant residential lot, parcel identification number 1151218712, from property owner Troy Atwood for stormwater maintenance. The acquisition of this pond parcel on Devonia Circle secures permanent access for future maintenance and repairs to the City’s stormwater drainage system.
A purchase price of $50,000.00 has been negotiated with Mr. Atwood, the property was valued at $67,300.00 by way of an appraisal completed by Hettema Saba, LLC.
Resolution No. 2024-R-67 has been reviewed by the City Attorney and is legally correct as to form.
Strategic Plan
Infrastructure & Facilities Integrity
Financial Impact
Funding in the amount of $50,000.00 is available in the Fiscal Year 2025 Road and Drainage District Budget, account number 107-5000-541.61-00, Capital Project R22RDD.
Procurement
Purchase of property will be pursuant to Sec.2-403 (a)(3)c of the City of North Port Procurement Code - Real property, real estate brokering, or appraising.
Attachments:
1. Resolution
2. Appraisal
3. Property Information Sheet
4. Map
Prepared by: Rita Puglise, Real Estate Coordinator
Department Director: Chuck Speake, Public Works Director