Agenda Item 8AAGENDA ITEM # 8A
MARCH 25, 2013
CITY COMMISSION MEETING
STAFF REPORT
AGENDA ITEM: Approval to Purchase Property for River Branch Preserve
SUBMITTED BY: Jim Hans gii Mana e
DATE: March 18, 2013
STRATEGIC PLAN LINK: None
BACKGROUND: The City Commission was made aware of an offer from the River Branch
Foundation to provide funding to purchase 8.02 acres of property adjacent to
the River Branch Preserve at that meeting on February 11th. An ordinance
amending the budget to add both revenue and expenditure accounts to
accomplish the purchase was adopted by the City Commission on March 11,
2013.
Florida State Statute 166.045 requires that the public must be given notice of at
least 30 days prior to acquisition of any real property for municipal purpose
and that any appraisals and option contracts be made available for public
inspection. The notice and public hearing to meet the state requirements has
been scheduled for the meeting on March 25, 2013. Up to this point, the City
has received several verbal comments from citizens approving the purchase of
the property.
BUDGET: Revenues and expenditures are budgeted equally in the amount of $103,243 to
purchase this property.
RECOMMENDATION: Approve the purchase of the property for a total cost of $103,243.00 and
authorize the Mayor to execute the necessary documents on behalf of the City.