Title:
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Approve and authorize the Chairman to execute a Purchase Agreement related to Project Parcel No. 1 for additional right-of-way for a corner clip for the Lake Mary Boulevard Turn Lane Project (50± SF) between GCS Multi LLC and Seminole County for $4,370.00, as full settlement and any other claim for compensation from which Seminole County might be obligated to pay relating to the parcel. District4 - Lockhart (Jean Jreij, P.E., Public Works Director)
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Division:
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Public Works - Engineering
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Authorized By:
Jean Jreij, P.E., Public Works Director
Contact/Phone Number:
Neil Newton/407-655-5711
Background:
This parcel (No. 1) has been identified as being needed for additional right-of-way necessary for the Lake Mary Boulevard Turn Lane Project. The owner (GCS Multi LLC / Tax ID No. 9-20-30-509-0000-0020) of the property located on the northeast corner of Lake Mary Boulevard and Country Club Road has agreed to sell and convey this additional right-of-way to Seminole County for the sum of $4,370.00, inclusive of all fees and costs.
The parent property is improved with a convenience store currently occupied by 7-Eleven and consists of 1.01± acres of land. The County’s valuation of this acquisition is $1,200.00, a portion of which includes the cost to cure to make the owner whole. The County’s incentivized offer amount was $2,370.00. After negotiation with the owner, a settlement was reached at $4,370.00, inclusive of all fees and costs.
Requested Action:
Staff requests the Board approve and authorize the Chairman to execute a Purchase Agreement related to Project Parcel No. 1 for additional right-of-way for a corner clip for the Lake Mary Boulevard Turn Lane Project (50± SF) between GCS Multi LLC and Seminole County for $4,370.00, as full settlement and any other claim for compensation from which Seminole County might be obligated to pay relating to the parcel.