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Contract for Sale and Purchase of Real Estate With Blue Wave Investments, Inc., for Additional Vehicle Parking Space for TheBus Service Expansion for Transit Operations and Associated Budget Amendment
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BRIEF OVERVIEW
On December 3, 2024, Hernando BOCC approved the Hernando County Transit Development (TDP) 5-Year Plan. The TDP included service expansion of TheBus adding 8 new routes in the next few years. In FY25, there will be 4 new routes, FY26 will have 2, and FY27 will have 2.
Hernando County Transit (TheBus) Operations is currently located at 700 Aeriform Drive, Brooksville, Florida 34601. That space is at capacity for bus parking, currently there are 16 spaces for bus and paratransit vehicles. With the addition of new routes, there is a need for a total of 30 spaces for bus and paratransit parking.
Parcel Key No. 357250 on Aeriform Drive and Parcel Key No. 1384790 located at 1555 E. Jefferson Street, are adjacent to TheBus's Operations location and have recently become available for purchase. Acquiring these parcels will provide the required parking space needed for service expansion, enhance operational efficiency, and support long-term departmental needs.
Staff recommends that the Board approve the contract for the purchase of Parcel Key No. 357250 and Parcel Key No. 1384790 from Blue Wave Investments Inc., in the amount of $230,000, to facilitate the service expansion of TheBus Operations.
FINANCIAL IMPACT
Funds in the amount pf $230,000.00 (plus associated closing fees) will be available with approval of the attached budget amendment from:
Fund: 1024 - Ninth-Ct Fuel Tax-Res Rds, Department: 03261 - Ninth-Ct Fuel Tax-Res Rds, Account: 5606101 - Land Acquisition
LEGAL NOTE
The Board has the authority to approve the Contract for Purchase pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve the Chairman's signature on the attached Contract for Sale and Purchase of R...
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