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Declaration of County Owned Property Located on Eagle Drive as Surplus Property and Consideration of Purchase Offer Submitted by Loretta L. Wanat (Key #512234)
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BRIEF OVERVIEW
Hernando County owned Parcel Key No. 512234 consists of 28,136 square feet, located on Eagle Drive in Hernando County.
The Hernando County Property Appraiser's market value on the property is $14,068.00.
The offer presented by Loretta L. Wanat is 89% of the Property Appraiser's value.
Staff recommends the offer being made on behalf of Loretta L. Wanat, in the amount of $12,500.00 be accepted. There are no contingent offers.
The legal description for this parcel is as follows:
TRACT N, Block 58, HIGH POINT MOBILE HOME SUBDIVISION, UNIT 6, according to the plat thereof, as recorded in Plat Book 12, Pages 117 through 120, inclusive, of the Public Records of Hernando County, Florida.
Property Appraiser’s Parcel ID No.: R29 222 18 2551 00N0 0000
Property Appraiser's Key No.: 512234
FINANCIAL IMPACT
If this Contract is accepted, after closing (per FS 197.592) the proceeds will be deposited in Revenue Account 4111-3641061 HCUD, Sale of Surplus Land.
LEGAL NOTE
The Board is authorized to act upon this matter pursuant to Section 125.35, Florida Statutes and Art. VII, Division 2, Hernando County Code of Ordinances concerning disposition of Real Property.
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RECOMMENDATION
If the Board determines that the offer and terms serve the best interests of Hernando County, declare Parcel Key No. 512234 as Surplus and authorize the Chairman to sign any contracts conveying the property, as well as authorize the County Attorney's Office to prepare or have prepared the necessary documents to finalize the transaction and execute same on the Board's behalf including, but not limited to, a statutory deed. Following Board approval of the sale, the County Administrator will sign the associated Certificate of Disposition of Utility System Property as required by bond covenants.
It is recommended the offer being made on behalf of Loretta L. Wanat, in the amount of $12,500.00 be accepted. There are no contingent offers.