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Ordinance No. 95-89-38 v ORDINANCE NO.95-89-38 410 AN ORDINANCE AUTHORIZING THE EXCHANGE OF PROPERTIES BETWEEN WILLIAM S. HIXON AND THE CITY OF ATLANTIC BEACH; PROVIDING AND EFFECTIVE DATE WHEREAS, The City of Atlantic Beach acquired a number of lots in Saltair Subdivision for the creation of a passive park named Howell Park, and WHEREAS, William S. Hixon of Atlantic Beach owns Lot 316 Saltair which said lot fronts immediately upon the entrance to said park, and WHEREAS, The City of Atlantic Beach owns Lot 305 Saltair which said lot fronts on Magnolia Street immediately to the rear of Lot 316, and WHEREAS, Lot 316 being closer to the entrance of Howell Park and therefore more likely to be utilized rather than Lot 305, and WHEREAS, William S. Hixon has indicated a willingness to trade Lot 316 for the City's Lot 305, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF ATLANTIC BEACH, FLORIDA: Section 1. The City Commission hereby authorizes the transfer of Lot 305 Saltair, section 3, plat book 10 page 16 current public records of Duval County Florida to William S. Hixon 310 Pine Street, Atlantic Beach in exchange for Lot 316 Saltair, section 3, plat book 10 page 16 current public records Duval County Florida. Section 2. This ordinance shall take effect upon its adoption. * * * * * * * * * * Passed by the City Commission on fist read' .: Januar 23 1989 • Passed by the City Commission on -ec.n. :nd fina ' eading Februar 13 1989. . - / A _ Wi i:m I. Guth '. 7, :r, Presiding Officer App as to Form and Correctness: dArd2/ - Claude L. Mullis, City Attorney (SEAL) Yet' 6Nativ2.wni , Maureen King, City Clerk Stewart B. Steeg & Associates, Inc. Stewart B Steeg. SRPA. SRA Associates Real Estate Appraisers and Consultants Thomas A. Steeg. SRA John L. Fox. Jr.. SRA Robert S.Steep,SRA April 3 , 1989 Elizabeth F Steeg Henry W Mullen Mr. Claude Mullis c/o City of Atlantic Beach 716 Ocean Boulevard Atlantic Beach, FL 32233 RE: Lots 316 and 305, Saltair, Section Three, PB 10, P16, CPR, Duval County, Florida Gentlemen: This is to advise the above captioned properties were appraised by the undersigned as of December 8 , 1988 in the amount of $30,000 for Lot 316 and $34,000 for Lot 305. As noted on the appraisal report, the location of Lot 316 is considered inferior to Lot 305 due to its proximity to the entrance of the city park at the end of Pine Street. It would appear that persons utilizing the park would park their vehicles in the immediate area, thereby, causing congestion and a high foot traffic count of pedestrians in the immediate area. Lot 305 is located on Magnolia Street, which is a one- way street located west and adjacent to Lot 316 . It should be noted, both Lots 305 and 316 are considered low in terms of topography and would require extensive fill if a building permit could be obtained on each lot. It is the reason for the proximity to the entrance of the city park that Lot 316 was allocated a lower lot value than Lot 305. It should be noted, there are very few recent sales in the Saltair Subdivision. For this reason, the sales search was extended in both time and distance in an effort to utilize the most comparable sales in the Atlantic Beach area. The Saltair Subdivision experienced a rapid growth several years ago, thereby, reducing the number of available lots which could be utilized for construction of a new single family dwelling or duplex. 4157 Baltic Street • Post Office Box 3, Ortega Station • Jacksonville, Florida 32210 Realtors - Telephone Area Code 904-389-5537 - Appraisers r y Stewart B. Steeg &Associates. Inc. Post Office Box 3.Ortega Station 4157 Baltic Street Jacksonville.Florida 32210 Mr. Claude Mullis City of Atlantic Beach April 3 , 1989 Page - Two - If we may be of any further assistance concerning the above captioned properties , please do not hesitate to call us. Respectfully syr': -itted, STEWART : :'TT EG. ASSOC. , INC. Stewart . t�-g, SRA, SRPA ..--•1"----_,....-.. Thomas A. Steeg, SRA SBS/TAS/bj