Title
Contract for Purchase and Sale of Real Property - SiVance, LLC (B)
This item seeks City Commission approval of a Contract for Purchase and Sale of Real Property adjacent to the SiVance, LLC existing facility and proximate to the City of Gainesville’s Airport Industrial Park.
Explanation
In June, 2021, staff was made aware that SiVance, LLC had expressed an interest regarding the proposed acquisition of property immediately adjacent to the company’s existing facility located at 4044 NE 54th Avenue and adjacent to the City’s Airport Industrial Park.
The proposed acquisition of the subject property, an approximate 6.71 acre portion of Tax Parcel #08161-000-000 currently on Airport lands, would be to facilitate the development of a warehouse and associated infrastructure.
Concurrently, Gainesville Regional Airport, Gainesville Area Chamber of Commerce, and City staff met with SiVance, LLC representatives to review the proposed project and the mechanics of moving forward on the proposed acquisition of property.
The Gainesville Alachua County Regional Airport Authority (GACRAA) reviewed and gave consent to the matter in September and December,2021 and March, 2022 due to the fact that FAA approval is required to sell the property as it is currently considered federally encumbered for airport purposes and therefore various FAA requirements would need to be satisfied in order to sell the property.
The City Commission approved the surplus of the subject property per City Commission real estate policies at its June 2, 2022 meeting.
Proposed terms of the Contract are as follows:
Purchase price of $215,000 (per appraisal) for 6.71 acre to Gainesville Regional Airport
$10,000 initial deposit
Acceptable Title/Survey by Buyer
City/Airport approval of proposed site plan and building permits
GRU easements to be determined prior to closing
Buyer required to enter into Avigation Easement and receive FAA approval
150 day inspection period (wi...
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