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Contract for Purchase of Real Estate With Sundara Holdings, LLC, for Property Located at 924 Hale Avenue for Clerk of Circuit Court and Comptroller Building (Keys 972772 and 1251424)
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BRIEF OVERVIEW
Hernando County is seeking to provide additional space for the Clerk of the Circuit Court and Comptroller. The Clerk's office requires enhanced operational capacity to support growth and fulfill heightened demands to ensure efficient service. Recently, two parcels, Key No.'s 972772 and 1251424, have become available for purchase and are situated near downtown Brooksville, providing enhanced accessibility to all County buildings.
Staff recommends the approval of the contract for purchase of the property located at 924 Hale Avenue and the adjacent Parcel Key No. 1251424, owned by Sundara Holdings, LLC in the amount of $1,963,000.00. The legal description is as follows:
Lot 4, less the South 42 feet thereof. All of Lots 5 and 6, together with the following contiguous roads: "C" Street, "D" Street, and the East 1/2 of Abbey Avenue, all in Parson Addition to the City of Brooksville, as per plat thereof, as recorded in Plat Book 3, at Page 17, Public Records of Hernando County, Florida.
Parcel ID Nos.: R27 222 19 3010 0000 0050, R27 222 19 3010 0000 0040
Key Nos.: 972772, 1251424
FINANCIAL IMPACT
Funding for this property acquisition and associated closing costs/fees based upon approval from the Board will be budgeted in FY2026, pending approval, in the amount of $1,936,000.00 in:
Fund: 3321 - Impact Fees-Public Buildings, Department: 01662 - Impact Fees-Public Buildings, Account: 5606101 - Land Acquisition
The proposal also includes utilizing the $500,000 currently budgeted in FY26 for CIP 111913 for a new Constitutional building. The CIP information is attached.
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...
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