Submitted By: Aubrey Hale
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Presentation By: Aubrey Hale
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Department: Electric Utility
STAFF RECOMMENDATION (Motion Ready):
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Property exchange agreement between the City and Ocala SE 8th Street, LLC
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OCALA'S RELEVANT STRATEGIC GOALS:
Operational Excellence, Economic Hub
PROOF OF PUBLICATION:
N/A
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BACKGROUND: Staff proposes the exchange of a 2.18-acre parcel owned by Ocala 8th Street, LLC (122 SE 8th Street) for a 2.08-acre portion of a 2.7-acre parcel (PID - 28597-000-00) owned by the City. Both parcels are located west of the intersection of SE Third Avenue and SE 11th Street. The City acquired the 2.7-acre parcel in 1971 from the railroad company formerly known as the Seaboard Coast Line Railroad Company. The City continues to operate the Leo White electric substation at this site, serving large-scale users such as AdventHealth Hospital, HCA Florida Ocala Hospital, and a large portion of Downtown Ocala. The surrounding properties to the west and south are zoned O-1 (Office); to the east, B-2 (Community Business); and to the north and east, form-based code (FBC).
The parcel the City proposes to exchange with Ocala 8th Street, LLC includes two 15-foot easements along the north and south boundaries of parcel 28597-000-00. These easements are needed to provide underground electric service to the surrounding areas. The City of Ocala property is zoned O-1, and the Ocala 8th Street, LLC property is split-zoned; 1.82-acres zoned B-2, and 0.36-acres in the northern portion zoned FBC.
The Leo White Substation is a critical asset that supplies most of the power to the Central Core/Downtown Ocala area. This substation is approaching the end of its life and will need to be upgraded and expanded to continue meeting the power needs of the growing downtown area. The substation decommissioning is an extensive process that can take several years to complete. A new substation must be constructed before the decommissioning to allow power ...
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