City of Gainesville - File #: 060224

• File #: 060224
• Version: 0
• Name: Purchase of Tax Parcel 10733-024-000 Located at 915 Northeast 19th Terrace (B)
• Type: Staff Recommendation
• Status: Passed
• File created: 7/24/2006
• In control: City Manager
• Final action: 7/24/2006
• Title: Purchase of Tax Parcel 10733-024-000 Located at 915 Northeast 19th Terrace (B) This item involves the purchase of Tax Parcel 10733-024-000 located at 915 Northeast 19th Terrace from Robert Mobley and Diana D. Jones and the building of a replacement house for the sellers with the proceeds.

Date	Ver.	Action By	Action	Result
7/24/2006	0	City Commission	Approved as Recommended	Pass

Title

Purchase of Tax Parcel 10733-024-000 Located at 915 Northeast 19^th Terrace (B)  

This item involves the purchase of Tax Parcel 10733-024-000 located at 915 Northeast 19^th Terrace from Robert Mobley and Diana D. Jones and the building of a replacement house for the sellers with the proceeds.

Explanation

The City wishes to purchase property owned by Robert Mobley and Diana D. Jones, his daughter, located at 915 Northeast 19^th Terrace (Tax Parcel 10733-024-000, Lot 24 of the Pine Ridge Subdivision) to facilitate the Northeast 19^th Terrace renovations project.  This property is currently Mr. Mobley's homestead.  He is the only owner occupant on the east side of Northeast 19^th Terrace.  The sellers have agreed to a purchase price of $132,360 provided the City constructs a replacement home on City-owned Lot 26 of the Pine Ridge Subdivision with the proceeds.  City staff has agreed and will place the purchase price of $132,360 into an escrow account to fund the replacement house.  The Public Works Department, working in conjunction with the Housing Division, will be responsible for constructing the replacement house.  After construction, any monies left in this account will be paid to the seller.  Any funds needed for construction above the settlement price will be borne solely by the seller.

Fiscal Note

Funding for this purchase is available in the NE 19^th Terrace Connector Project Accounts.

Recommendation

Recommended Motion:  The City Commission:  1) authorize the City Manager to execute a Purchase Agreement in the amount of $132,360 and perform all stipulations of the Agreement related to the purchase of Tax Parcel 10733-024-000, located at 915 Northeast 19^th Terrace; and 2) authorize the Mayor to execute a Special Warranty Deed to Robert Mobley and Diana D. Jones upon the receipt of a Certificate of Occupancy for the house to be constructed on Lot 26 of the Pine Ridge Subdivision.

Alternative Recommendation A:  The City Commission deny the request and seek an alternative to the proposed Northeast 19^th Terrace renovations.