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File #: 2024-2249   
Type: Agenda Item Status: Postponed
File created: 9/17/2024 In control: City Council
On agenda: 10/1/2024 Final action: 10/1/2024
Title: Approve the Contract for Sale and Purchase of surplus parcel #22525-001-00 to Aashka and Rose Group, LLC totaling $9,164
Attachments: 1. S&P Contract - PID 22525-001-00 (Signed by Buyer), 2. 9-16-2024 Location Map - PID 22525-001-00 - Aashka and Rose Group LLC, 3. Comparables for 22525-001-00

Submitted By: Sean Lanier

presenter

Presentation By: Tracy Taylor

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Department: Engineering

STAFF RECOMMENDATION (Motion Ready):

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Approve the Contract for Sale and Purchase of surplus parcel #22525-001-00 to Aashka and Rose Group, LLC totaling $9,164

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OCALA’S RELEVANT STRATEGIC GOALS:

Quality of Place.

PROOF OF PUBLICATION:

N/A

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BACKGROUND:

Staff seeks approval to sell surplus parcel #22525-001-00 which is 0.14 acres to Aashka and Rose Group, LLC at the current market value price of $9,164. The parcel is 58’ x 105’ or 6,090 square feet. The Broker’s Opinion of Value is based on recent similar sales in the area.

 

FINDINGS AND CONCLUSIONS:

Staff has reviewed the proposed sale and supports the transaction subject to the City Council’s approval. Staff recommends approval.

 

FISCAL IMPACT:

The revenue generated from the sale will be deposited in account #001-364-000-000-16-36429.

 

PROCUREMENT REVIEW:

The Contract for Sale and Purchase has been reviewed by the Procurement and Contracting Officer for compliance with the City’s policy.

 

LEGAL REVIEW:

This Contract for Sale and Purchase has been reviewed and approved for form and legality by City Attorney, William E. Sexton.

 

ALTERNATIVE:

                     Approve with Changes

                     Table

                     Deny