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12-15-2022 - Special - PacketCity Council City of Edgewater Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 Council Chambers5:30 PMThursday, December 15, 2022 Special Meeting 1. CALL TO ORDER and ROLL CALL, PLEDGE OF ALLEGIANCE, INVOCATION 2. OTHER BUSINESS Purchase of Land for Future City Hall and Fire/Police/Emergency Operations Centera. 12.15.22 Vacant Land ContractAttachments: 3. ADJOURN Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or provide such record. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk Bonnie Zlotnik, CMC, 104 N. Riverside Drive, Edgewater, Florida, telephone number 386-424-2400 x 1102, 5 days prior to the meeting date. If you are hearing or voice impaired, contact the relay operator at 1-800-955-8771. Page 1 City of Edgewater Printed on 12/15/2022 City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:AR-2022-0618,Version:1 COUNCIL AGENDA ITEM SUBJECT:Purchase of Land for Future City Hall and Fire/Police/Emergency Operations Center DEPARTMENT:Administration SUMMARY: Since early summer 2022 staff has worked with a local realtor to negotiate the purchase of land on Indian River Boulevard just east of Cow Creek Road.When the owner was approached,he already had a contract with someone from Canada. This contract was not consummated and the property is back on the market. There are approximately 27.12 acres of buildable land on a 56 acre lake.Total asking price of the entire property, including the lake is $2,665,000 or approximately $32,062 per acre. Staff believes this is an excellent location for a future city hall as it is centrally located between current businesses and residents and future residents and businesses forthcoming west of I95. To purchase the property,two separate appraisals must be completed by two different firms.Florida Statute 166.045 requires the City to obtain two appraisals for purchases of real property in excess of $500,000.If the agreed purchase price exceeds the average appraised price of the two appraisals,the Council will be required to approve the purchase by an extraordinary vote.An environmental assessment will also be necessary.A total of just over (4)months is being requested within the contract for due diligence and the City may cancel the contract for any reason prior to April 18,2023.A sum of $100,000 would be placed in escrow by the City as earnest money. The purchase would be made using monies received from the American Rescue Plan Act (ARPA). BUDGETED ITEM:No BUDGET AMENDMENT REQUIRED:Yes RECOMMENDED ACTION: Motion for the Mayor to sign the attached contract for sale/purchase of certain real property on Indian River Boulevard just east of Cow Creek Road. City of Edgewater Printed on 12/14/2022Page 1 of 1 powered by Legistarâ„¢