Submitted By: William E. Sexton, City Attorney
Presentation By: William E. Sexton, City Attorney
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Department: City Attorney
STAFF RECOMMENDATION (Motion Ready):
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Approval of property transfer transaction - including (1) transfer of drainage retention area to B & W Land Holdings, LLC; (2) reservation of drainage easement; and (3) grant of drainage easement - by Special Warranty Deed, Reservation of Drainage Easement, and Grant of Drainage Easement together with authorization for Council President to execute the same
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OCALA'S RELEVANT STRATEGIC GOALS:
Operational Excellence
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
Following discussion and negotiation between City staff and representatives of B & W Land Holdings, LLC (hereinafter B & W), the concept for a property transfer with the reservation of necessary drainage easements was developed wherein the City of Ocala will transfer to B & W that certain drainage retention area (hereinafter DRA) located (see also Attachment 1) on the south side of SW 13th Street, just east of the intersection of SW 37th Avenue (and just east of I-75), identified by the City as WRA 322 and with Marion County Property Appraiser Parcel ID 23459-002-00 (see Attachment 2). In exchange for said DRA property, B & W will grant the City a perpetual easement for the current volume of stormwater that can be accommodated by the DRA. B & W will further expand the capacity of the DRA to accommodate its development on an adjacent parcel.
Together with the foregoing, the City will retain an easement over the DRA which will allow for the conveyance of stormwater, the current capacity of the DRA, and likewise, the City will retain an easement over the property sufficient to allow for the necessary and appropriate maintenance and operation of the City's wastewater lift station which is located immediately adjacent to the DRA property which is being transferred to B & W.
Based upon the aforementioned discussions, staff from the Ci...
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