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Contract for Purchase of Real Property Located on Daniel Avenue From Charles P. Mobley for Affordable/Workforce Housing (Key #149137)
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BRIEF OVERVIEW
Parcel Key No. 149137 is a 37,060 square foot parcel located on Daniel Avenue owned by Charles P. Mobley. In purchasing this property on Daniel Avenue, Hernando County may utilize it for Affordable/Workforce Housing. Hernando County recognizes the importance of providing Affordable/Workforce Housing as it is crucial for attracting and retaining a skilled workforce. Additionally, the Live Local Act of Florida mandates that counties take proactive measures to address housing affordability issues. By purchasing this property, Hernando County demonstrates its commitment to complying with state legislation and fulfilling its obligations to promote housing affordability.
The parcel is described as follows:
All of lot twenty-seven (27) of Parson’s Addition, LESS the South sixty-five (65) feet of the East one hundred (100) feet thereof, as per Plat thereof recorded in Plat Book 3, page 17, Public Records of Hernando County, Florida.
Parcel Identification Number: R27 222 19 3010 0000 0270
Parcel Key Number: 149137
Staff has negotiated a contract to purchase the vacant parcel on Daniel Avenue for $30,000 and recommends that the purchase be approved.
FINANCIAL IMPACT
Funding for the property acquisition and associated closing costs are available in Account No. 1273-03673-5606101 with approval of the attached budget amendment.
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 Contract to Purchase Parcel Key No. 149137 and associated budget amendment, as well as authorize the Chairperson’s signature on the documents. It is further recommended that the County Attorney be designated to sign all documents necessary to finalize the purchase.