Title:
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Approve and authorize the Chairman to execute a Purchase Agreement related to Parcel No. 114 for acquisition of property interests needed for the Orange Boulevard Improvement Project (5,359 ± SF) between Richard E. Bullington and Kara M. Purdy and Seminole County for $356,680.00, as full settlement of all other claim for compensation from which Seminole County might be obligated to pay relating to the parcel. District5 - Herr (Jean Jreij, Public Works Director).
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Division:
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Public Works - Engineering
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Authorized By:
Jean Jreij
Contact/Phone Number:
Neil Newton/407-665-5711
Background:
This parcel (No. 114) has been identified for acquisition as part of the County’s Orange Boulevard Improvement Project. The owners (Richard E. Bullington and Kara M. Purdy / Tax ID#24-19-29-5TY-0000-0010) of the property located at 5710 Wella Court on the northwesterly corner of Orange Boulevard and Wella Court, in Sanford, Florida, have agreed to sell and convey this property interest to Seminole County for the sum of $356,680.00 inclusive of all fees and costs.
The parent property is improved with a single-family residence and ancillary improvements and consists of 1 ± acres of land. The County’s valuation of this parcel is $248,100.00. The majority of this cost ($227,000.00) is associated with the damages to the remainder property and the cost to cure to make the owner whole. The County’s incentivized offer amount was $329,160.00. After negotiation with the owners, through their attorney, a settlement was reached for $356,680.00 inclusive of all fees and costs. This proposed settlement amount is considered reasonable under the circumstances inherent in the condemnation process. The main rationale for approval of this settlement is cost avoidance. If this acquisition must proceed to condemnation, litigation costs and the costs of the County’s appraisal and to pay for the owner’s appraisal and additional expert’s fees on both sides would likely exceed the additional settlement funds proposed to be paid.
recommendation
Staff Recommendation:
Staff recommends the Board approve and authorize the Chairman to execute a Purchase Agreement related to Parcel No. 114 for acquisition of the property interest needed for the Orange Boulevard Improvement Project (5,359 ± SF) between Richard E. Bullington and Kara M. Purdy and Seminole County for $356,680.00, as full settlement of all claims for compensation from which Seminole County might be obligated to pay relating to the parcel.