Title
Request to Approve the Purchase of Real Property in Partnership with Alachua County (B)
This item is a request to approve the purchase of Real Property from the Weiss Trust in partnership with Alachua County.
Explanation
Tax parcels 6010-000-000, 6010-001-000, 6013-003-000 and 6013-003-001 is a total of 711.53 acres, owned by the Arthur B. Weiss Declaration of Trust, dated October 2, 2003. The property is located between Northwest 43rd Street and Northwest 13th Street, south of Turkey Creek Forest and north of Montclair Cluster, Mile Run, Sutters Landing, and Northwood Oaks subdivisions. Alachua County and the City of Gainesville have partnered to acquire the property with the County taking the lead negotiating the purchase for a total of $4,359,500. The purchase price is the average of two acquired appraisals. The City will be acquiring 244.82 acres which is 34.4 percent of the whole parcel and contributing $1.5 million, also 34.4 percent of the total purchase price. The City’s portion will be out of Tax Parcel 6010-000-000. The City’s portion of the acquisition is adjacent to the City’s 194-acre San Felasco Park located west of Northwest 43rd Street.
Fiscal Note
The City is contributing $1.5 million towards the acquisition. $1 million is available from the Tree Mitigation Fund and $500,000 is available from the Greenspace and Community Improvement Fund.
Recommendation
The City Commission: 1) approve the approve the purchase of a 244.82 acre portion of Tax Parcel 6010-000-000; and 2) authorize the City Manager to execute the Contract to Purchase, subject to the approval of the City Attorney as to form and legality.