Title
Exchange of Real Property for the Southeast 4th Street Reconstruction Project (B)
This item involves a request to declare as surplus and approve an exchange of properties for the SE 4th Street Road Project with Ashley P. Reeb.
Explanation
On February 18, 2010 the City Commission declared parcel number 11367-000-000, located at 1718 Northeast 4th Avenue (“ City Property”), as surplus and approved the conveyance of the parcel to Alachua Habitat for Humanity, Inc. (“Habitat”) to be used for the development of new affordable housing for an income qualified low-income first-time homebuyer. The City Property was conveyed to Habitat by quit claim deed and recorded in Official Records Book 3941, Page 1242 on March 9, 2010. The deed contained a reverter clause which required Habitat to complete construction and receive a certificate of occupancy within two years from the date of execution of the deed, as well as convey the City Property with the constructed dwelling as required within 90 days of the completion of construction. Habitat did not meet the requirements of the reverter clause and, therefore, conveyed the City Property back to the City on March 19, 2012 by quit claim deed recorded in Official Records Book 4096, Page 510.
The City now has a need to acquire Right-of-Way from the property owned by Ashley P. Reeb, located at 949 Southeast 4th Street with a Tax Parcel ID Number of 16032-000-000 (“Reeb Property”), to fully complete the Southeast 4th Street Reconstruction Project (“Project”). Ms. Reeb desires an exchange of land in lieu of payment for the land rights and has approved the City Property as an acceptable trade after other potential surplus properties were initially presented.
Staff is seeking approval to declare City-owned Tax Parcel Number 11367-000-000 as surplus and to achieve a specific objective according to the City’s Real Estate Policies, namely to exchange this City Property for a deed to the western 639± square feet of the Reeb P...
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