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Contracts for Sale and Purchase of Real Estate With Christopher J. Clement and Virginia I. Clement, as Trustees of Clement Family Trust Dated December 26, 2006, for Property Located on Old Stage Coach Road for Fire Station No. 17 (Key #835920 and Key #1087772)
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BRIEF OVERVIEW
Given the rise in population and ongoing development, the demand for a new fire station in this vicinity has become imperative. Purchasing these properties on Old Stage Coach Road may provide an opportunity for a new fire station to accommodate citizens in this area of Hernando County. Higher population densities heighten accident and hazard risks. Additional fire stations offer preventative measures and resources to mitigate these risks by minimizing damage and saving lives. New fire stations also distribute workloads, preventing over burdening of existing resources and maintaining a high level of service. Additionally, adequate fire protection infrastructure, including fire stations, can potentially lead to lower insurance premiums for residents and businesses, making the area more attractive for investment and settlement.
Staff therefore recommends that the contracts to purchase the properties located on Old Stage Coach Road, currently owned by Christopher and Virginia Clement, Trustees of the Clement Family Trust dated December 26, 2006, be approved.
The Legal descriptions are as follows:
The West 1/2 of Tract 2 of the Unrecorded RINGO JUNCTION being further described as follows: West 1/2 of the Northwest 1/4 of the Northeast 1/4 of the Northwest 1/4 of the Southwest 1/4 of Section 11, Township 21 South, Range 18 East, Public Records of Hernando County, Florida, LESS the South 25' thereof for Road Right of Way Easement.
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The East 1/2 of Tract 2 of Ringo Junction, an unrecorded subdivision being more particularly described as follows:
The East 1/2 of the Northwest 1/4 of the Northeast 1/4 of the Northwest 1/4 of the Southwest 1/4 of Section 11, Township 21 South, Range 18 East, Hernando County, Florida. LESS the South 25 feet thereof for roadway.
Subject to easements and restrictions of record.
Parcel ID Numbers Key Numbers Cost
R11 421 18 0000 0160 0040 835920 $38,619
R11 421 18 0000 0160 0041 1087772 $37,495
FINANCIAL IMPACT
Funding for the Old Stage Coach property acquisition and associated closing costs is available in Hernando County Fire and Rescue Accounts 02261-5606101 and 02491-5606101.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve the purchase agreements negotiated by staff with property owners Christopher and Virginia Clement, Trustees of the Clement Family Trust dated December 26, 2006, for two parcels located on Old Stage Coach Road for the total amount of $76,114. It is further recommended that the Board approve and authorize the Chairperson’s signature on the attached Contracts for Sale and Purchase of real property and authorize the County Attorney to sign all documents on behalf of the County necessary to close the transaction.