Title
Purchase of Real Estate Property (B)
Explanation
The City of Gainesville Nature Operations Division has been interested in acquiring additional properties for the Hogtown Woods Expansion south of SW 2 Avenue and west of SW 34th Street. Dr. Pinkoson approached the Public Works Department about acquiring an ingress/egress easement across property that the City currently owns (parcel 6512-1), which is located west of the Vizcaya Apartments, to provide access to two parcels (6693 and 6694 - approximately eight acres) that he owns a third interest. The eight acres is located within the area identified as expansion of the Hogtown Woods. Staff spoke with Dr. Pinkoson regarding the option of purchasing his property in lieu of the City granting him an easement. Dr. Pinkoson has offered to sell the property to the City for $12,000 and he would contribute his 1/3 interest at no cost. The property is currently appraised at $10,000. With the donation back to the City, the net purchase price will be around $8,000.
Fiscal Note
Staff recommends the City use the proceeds from the sale of the Greenspace Acquisition fund.
Once acquired, the City will need to provide funding for startup costs, on-going maintenance, and the staffing required to develop and maintain the property. The on-going costs will need to be addressed when the property has been acquired. Should additional funding be required, a recommendation will be brought back to the City Commission
Recommendation
The City Commission: 1) authorize the Interim City Manager to execute a Purchase and Sale Agreement for the purchase of parcels 6693-000 and 6694-000; and 2) authorize the Mayor and Clerk of Commission to execute all appropriate documents to complete the transaction.