Title
Purchase of the Dentist Office and land at 635 NW 6th Street, Gainesville, from the Federal Law Enforcement Contraband Forfeiture Trust Fund. (B)
This item requests the City Commission approval of funding not to exceed $280,000 for the purchase of property located at 635 NW 6th Street, Gainesville.
Explanation
On June 13, 2005, the City Commission approved the contract and purchase for the Walker Building, located directly adjacent to the current GPD facility. On September 12, 2005, the City Commission approved the contract and purchase of the Voyles property, which is directly adjacent to the Walker property. With the remodeling of the old Walker Furniture Building to accommodate GPD's administrative offices, the purchase of the Food Bank to be remodeled to a firing range, and the added addition onto the Food Bank to create a training/community oriented policing center, additional parking is needed. The acquired property, .38 acres, would be utilized for this additional parking. The existing structure, 2500 square feet, would be evaluated for future office/working space. The layout of the parking area will be done in such a way to ensure no harm is done to the property's oak trees. The negotiated price of $275,000 corresponds with the appraisal of the property by the City's agent and is within City guidelines with respect to price versus appraisal. An additional $5,000 is being allocated for closing costs related to this purchase.
Fiscal Impact
Funds of an amount not to exceed $280,000 are available from the Federal Law Enforcement Contraband Forfeiture Trust Fund and is allowable per Federal 121 U.S.C. 881, found in the U.S. Department of Justice "A Guide to Equitable Sharing of Federally Forfeited Property for State and Local Law Enforcement Agencies." The balance in the account is $883,127.52.
Recommendation
The City Commission (1) approve the appropriation of an amount not to exceed $280,000 from the Federal Law Enforcem...
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