Subject:
Title
Permission to Advertise for Sale via Sealed Bidding of Four Adjoining Properties Located at the Northeast Corner of Clearmont Street Northeast and Franklin Drive Northeast in the City of Palm Bay, Florida a Municipality within Brevard County, Florida
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Fiscal Impact:
Based on a current appraisal, the minimum sealed bid will start at $350,000. Funds received from the sale of this property will be placed in the County's Public Works Transportation Fund.
Dept/Office:
Central Services/Asset Management
Requested Action:
Recommendation
It is requested the Board of County Commissioners approve Asset Management (1) advertise for sale via a seal bidding for the four adjoining properties located at the northeast corner of Clearmont Street Northeast and Franklin Drive Northeast in the City of Palm Bay, Florida a municipality within Brevard County, Florida; and (2) approve the minimum bid price to start at $350,000 for said described properties; and (3) upon receipt of the seal bids, authorize the County Manager to effect the sell and execute the necessary documents to provide the title to the highest qualified, responsive and best bid(s) at or over the established minimum bid price of $350,000 and authorize the proceeds from the sale of the properties to be deposited into the County's Public Works Department Transportation Fund.
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Summary Explanation and Background:
Florida Department of Transportation (FDOT) obtained the 4 adjoining properties located at the northeast corner of Clearmont Street Northeast and Franklin Drive Northeast in 2004 as an acquisition necessary for rights-of-way purposes under threat of condemnation, pursuant to Section 337.27, Florida Statutes. FDOT conveyed the 4 adjoining properties by Quit Claim Deed to Brevard County in February 2013. The Quit Claim Deed went to the Board for acceptance on February 5, 2013. The 4 adjoining properties were conveyed as part of a Joint Participation Agreement with FDOT and Brevard Cou...
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