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Purchase 450 S. Shell Road
Attachments:
Attachment NameAttachment SizeAttachment Date
Size: 892K
Last Updated: 2015/12/11
City of DeBary SealCity Council Meeting
City of DeBary
AGENDA ITEM





Subject:  Purchase Property at 450 S. Shell Road
  
From:  Roger Van Auker, TOD Marketing Director
             
Meeting/Hearing Date:  December 16, 2015        

Attachments:
(   )  Ordinance
(   )  Resolution
(   )  Other
( X )  Supporting Documents/Contracts


Summary/Highlights

Purchase property at 450 S. Shell Road a 5.59-acre parcel for $350,000.

Background Discussion

Staff was directed to move forward with the acquisition of certain parcels of land that are strategic with our planning efforts in the vicinity of the TOD Overlay District.  
Staff has successfully negotiated a purchase price of $350,000.  The purchase of this property will enable the City to engage other partnerships to advance the development of the TOD overlay area.
A deposit of $5,000, as earnest money, is required and is fully refundable within our 30-day inspection period.


Recommended Motion

Approve the contract to purchase the 450 S. Shell Road 5.59 acre site for $350,000.



City Council Action:
(   )  Approved As Recommended
(   )  Approved With Modification
(   )  Disapproved
(   )  Continued Date:

(   )  Other

Modifications:



 
 
City of DeBary, FL
16 Colomba Rd, DeBary, FL 32713
Phone: (386) 668-2040  Fax: (386) 668-4122