Subject:
Title
Approval Re: Contract for Sale and Purchase and Form 8283 Noncash Charitable Contributions for the Kahler Parcel that is Necessary for the Accommodation of Global Positioning System Non-Precision Approach at Valkaria Airport - District 3.
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Fiscal Impact:
Fiscal Year 2019-2020 $200,000.00 Valkaria Airport Fund 0020/219664 20%; Grant Fund 1700/344500 80%.
Dept/Office:
Public Works Department / Land Acquisition / Valkaria Airport
Requested Action:
Recommendation
It is requested that the Board of County Commissioners: 1) approve and authorize the Chair to execute the Contract for Sale and Purchase, and 2) authorize the County Manager to execute Form 8283 for Noncash Charitable Contributions.
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Summary Explanation and Background:
The subject property is located in Section 18, Township 29, Range 38, located along the south side of Valkaria Road, adjacent to Valkaria Airport, within the Grant-Valkaria area of Unincorporated Brevard County, Florida.
The Board of County Commissioners, in regular session on September 17, 2019, Agenda Item F.11, approved and authorized the Chair to execute the Florida Department of Transportation Public Transportation Grant Agreement for the acquisition of land necessary for the accommodation of Global Positioning System Non-Precision Approach at Valkaria Airport. The Kahler parcel has been identified as a suitable acquisition.
Clayton, Roper & Marshall made an investigation and analyses necessary to appraise the parcel. The report dated November 14, 2019, provided a value of $220,000.00. The Kahler's have agreed to accept an amount of $200,000.00 for the parcel. They wish to donate the balance of the appraised value to the County.
In order for Kahler to receive a tax credit for the donation, an acknowledgement of receipt of the parcel is required by the County on form 8283 Non Cash Charitable Contributions.
This acquisition follows the policies and procedures as set forth in Administrative Order 37.
Clerk ...
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