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Declaration of County Owned Property Located on East Avenue as Surplus Property and Consideration of Purchase Offer Submitted by RDG Design and Builders, Inc. (Key #138014)
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BRIEF OVERVIEW
Hernando County owned Parcel Key No. 138014 is a residential lot consisting of 16,662 square feet, located on East Avenue in Hernando County.
The Hernando County Property Appraiser's market value on the property is $19,996.00.
The offer presented by RDG Design and Builders, Inc., is 113% of the Property Appraiser's value.
Staff recommends the offer being made on behalf of RDG Design & Builders, Inc., in the amount of $22,500.00 be accepted. There are no contingent offers.
The legal description for this parcel is as follows:
Lots 1 & 2, Block G, GULF RIDGE PARK, according to the plat thereof, as recorded in Plat Book 3, Page 47, of the Public Records of Hernando County, Florida.
Property Appraiser’s Parcel ID No.: R21 222 19 2070 00G0 0010
Property Appraiser's Key No.: 138014
FINANCIAL IMPACT
If this Contract is accepted, after closing (per FS 197.592) the proceeds will be deposited in Revenue Account 0011-3641061 General Fund, 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, Section 2-170, 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. 138014 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.
It is recommended the offer being made on behalf of RDG Design and Builders, Inc., in the amount of $22,500.00 be accepted. There are no contingent offers.