Item 8B- Purchase of 54 East Coast DriveAGENDA ITEM:
SUBMITTED BY:
DATE:
CITY OF ATLANTIC BEACH
CITY COMMISSION MEETING
STAFF REPORT
Purchase of 54 East Coast Drive
Nelson VanLiere, City Manager c:;?V
June 1, 2016
AGENDA ITEM #8B
JUNE 13, 2016
BACKGROUND: Recently, it was brought to the City's attention that the property located at
54 East Coast Drive is for sale. Being that this property is strategically located just a short
walking distance from our Town Center Business District, I wanted to put forth the topic of the
purchase of this property for discussion. The public purpose for the acquisition would be to
provide much needed parking to the business district. Discussion points would include the
following information:
• The need for public parking in the area.
• The acquisition price is $1,200,000. These funds are available in the General Fund
unrestricted fund balance. A budget ordinance would have to be passed to fund the
purchase.
• The lot is 130 ft by 150ft or 19,500 sq feet.
• Changing the current zoning from RG-M to something that a commercial parking lot
would be allowed.
• Current taxes are approximately $6,000/year, but would increase due to sale of the
property. If the City acquires the property, there will be no taxes received.
• To develop the site as a parking lot could cost $100,000 to $150,000 depending on how it
is constructed.
• The number of spaces created would depend on stormwater drainage requirements; a
desire to keep some of the trees and the organization of the spaces chosen.
Approximately 50 spaces may be configured.
• The possibility of making it a paid parking lot to recover the costs over time.
BUDGET: The immediate budget impact would be to increase the budget by $1,200,000 plus
closing costs and the cost of razing the existing structure. Subsequently, the City would incur
cost to make the property useful as a parking lot.
RECOMMENDATION: Upon reaching a consensus of the City Commission, direct the City
Manager and City Attorney to negotiate a purchase agreement for 54 East Coast Drive for City
Commission approval and direct staff to prepare an ordinance amending the operating budget to
fund the estimated costs of acquisition.
ATTACHMENTS: COJ Property Appraiser parcel information on 54 East Coast Drive
Atlantic Beach Zoning Map
Aerial Photo of 54 East Coast Drive
General Fund Long Term Financial Projection of2016
Photo of House
Property Appraiser-Property Detail s
AGENDA ITEM 1188
JUNE 13,2016
MCDADE NADINE ESTATE
C/0 SANDRA J FERGUSON
Primary Site Address
54 EAST COAST DR
Atlantic Beach FL 32233
Official Record Book/Page
17478-02389
Tile#
9421
LAKE CITY, FL 32025
FERGUSON SANDRA J
54 EAST COAST DR
Property Detail -VI S a ue ummarv -RE# 169737·0010 2015 Certified 2016 In Progress
Tax District USD3 Value Method CAMA CAMA -
er ol!llrtv U~e 0100 Single Family Total Building Value $77,390.00 $77,090 .00 -
# of Buildings 1
f-------
Legal Desc. For full lega l description see
Land & Legal section below ---
Extra Feature Value $1,292.00 -$1,2Bq.oo
Land Value (Market) $930,000 .00 $1,020,000.00
bi!Dd l£alyfil CAsl!lsJ $0.00 -$0.00
Subdivision 03101 ATlANTI C BEACH Just (Market) Value $1,008,682.00 $1,09B,J7q.oo --Total Area 19708 Assessed Value $358,983.00 $36 1,<195.00
The sa le of this property may result In higher property taxes . For more Information go
to Save Our Homes and our Proocrty Tax Estima tor . 'I n Prog ress' property values,
exem ptions and ot he r supporting Information on this page are part of the working tax
roll ~nd arc subject to change. Certified values listed In the Va lue Su mmary are those
certified In October, but may Include any official change s made after ce rtln catlon
Learn how the Prop~rty AQpralse(s Office 11aluey property.
Cap Dlff/Portabllfty Amt $~9,699.00 1 $0.00 $736,879.00 I $0.00
'-Exemg~Jsm~ $50,000.00 See below
Taxable Va lue $308,983.00 See below
Taxable Values and Exemptions-In Progress
If there are no exemptions applicable to a taxing authotlty, the Taxable Value Is the same as the Assessed Value listed above In the Value
Summary box.
County/Municipal Taxable Value SJRWMD/FIND Taxable Value School Taxable Value
~~~.s.~.eJ!.Y..'!.!~! ................................................ ~~.~.;.(~~~;P.!?, ~.~~~.Y~!~.~ ......................... -................... J~~}.r~.~~:2~ ~~~ .. ~~!.~.~ ................ -.. ~ .................... J.~6 1 ,~.~~ ... !!9.
.~9.m.~~~9.Jt!~L ........................................... : .. t~MQQ.~QQ ttgf!l.~~~~~.~ .. (H~l .............................................. : .. H:?.,9.Q.Q:QQ !:!g!n~~~~~.~ .. (tl~l .................. -......................... m ,9.Q!i.:QQ
Hom estead Bandi ng 196.03 1(l)(b) (HB)
................................................................................. J~~/.Q9.9:.QQ
Home stead Banding 196.031(1)(b) (HB)
............................................................................... :.i!2,QQ.Q:~.9. Taxable Value $336,495.00
Ta.xable Value $311,495.00 Taxable Value $311,495.00
Sales Historv
Book/Page Sale Date Sale Price Dee!! Xostryment T]tl!e Code QuallfledLUflgualilled Vacant/Improved
1Z'~Z!i·Q2J!!2 31212016 $100.00 M5 -Miscellaneous Unq uali fied Improved
0733'1·00900 51811992 $9,000.00 WD -Warranty Deed Unqualified Improved
QJm·Q042 a 5127/1971 $2,500.00 MS • Miscella neous Unqualified Vacant
QJZU!·QQa2:l 51711971 $1'1,500.00 MS -Miscellaneous UnqualiOed Improved
Extra Features I LN I Feature Code I Feature Description Bldg . Total Units Value
$'1 34.00
$8 50.00 II I FPAA7
2 DKWR2
Land & Legal
La nd
I
Fireplace Prefab
Deck Wooden
LN I C:Qde Use Description ! Zcullog Front
1 1 0102
RES HD 20-60 UNITS I ARG·M 150.00 PERAC
Buildings
Building 1
Building 1 Site Addre ss
5'1 EAST COAST DR
Atlantic Beact1 FL 32233
Building Type 0101 • SFR I STORY -Year Built 1942
Building ~ $77,090.00
Depth ! Land l.!!!.!t I Land Value Cateoory units ~
130.00 COmm on 13.00 Lot 1 $1,020.000.00
Element Code Detail
Exterior Wall 20 20 Face Brick
Roorstruct 3 3 Gable or Hlp
Roonng Cover 3 3 Asph/COmp Shng
Interior Wall 3 3 Plastered
Int Flooring 12 12 Hardwood
I nt Flooring II l1 Cer Clay Tile
http ://apps .coj .nct/PAO _PropertySearch/Basic/D e ta il.asp x?RE= 1697370010
1
1.00
200.00
Le a l
LN Legal Description
5·69 21 -25·29E .45
2 ATlANT!C BEACH
3 LOTS 2,'1,6 BLK 2
5/29/20 16
Property Appraiser -Property Details A GENOA JTEM #88
JUNE 13, 2016
Gross Heated Effective Heating Fuel 4 4 Electric ~P.e Area Area Area Heatin g Type " 4 forced ·DUcted
Fin Screen ed 200 0 70 Air Con d 3 3 Central
Porch ~-,
Base Area 1327 1327 1327 rF1 I) r1 Element Cod e L~J I&S ~~ Anlshed Open 16 0 s
_ ___J
Porch Stories 1.000
unnn oet Bedrooms 3.000
324 0 162 Ga rage Bath s 1.000
Total 1867 1327 1564 Roo ms I units !.000
Traversing Data
FSP:10,27:=Wl0 N20 ElO 520 $ BAS :10,32:=N32 E46 527 W29 55 W17 $ FO P:56,11:=E4 54 W4 N4 $ UDG:88,28:=N18 ElS 518
W18$.
2015 Notice of ProJ)osed Property Taxes Notice £TRIM Notice
Iaxl ng Q!sttl~ Assesse d Value Exemptions Ta Ka ble Value Last Year Proposed Rolled· back
Gen Govt Beaches $358,983.00 $50,000 .00 $308,983.00 $2,495.36 $2,5 18.58 $2,385.81
Public Schoo ls: By State Law $358,98 3.00 $25,000 .00 $333,983.00 ~1,674.54 $1,626.16 $1,63?.82
By Local Board $35 8,983.00 $2 5,000 .00 $333,983.00 $744 .39 $750.79 $728.08
FL Inland Navigation Dlst. $35 8,983.00 $50,000.00 $308,983.00 $10.5 6 $1 0.66 $9.89
Atla ntic Beach $358,983.00 $50,000.00 $308,983.00 $1,0 18.97 $1 ,028.45 $975 .37
Water Mgmt Olst. SJRWMD $358,983.00 $50,000.00 $308,983.00 $96.86 $93.•11 $93.4 1
Gen Gov Voted $358,983.00 $50,000.0 0 $308,983.00 $0 .00 $0.00 $0.00
School Board Voted $358,983.0 0 $25,000.00 $333,9 83.0 0 $0.00 $0.00 $0.00
Urban Serv ice DlstJ $358,983.0 0 $50,000.00 $308,983.00 $0.00 $0 .00 $0.00
Tota ls $6,040.68 $6,028.05 $5,830.38
Just Value Assessed Valu e !!e!!l ptl ~ TaKable Value
Last Year $868,364.00 $356 , 1.34.00 $50,000.00 $306,13'\.00 ---Current Yea r $1,008,682.00 $3 58,9 83 .00 $50,000.00 $3 08,983.00
2015 TRIM propertv Record Card CPRC)
Th is PRC reflects prop erty deta il s and va lues at th e t ime of the original mail in g of the Notices of Proposed Property Ta)(es (TRIM
Notices) In August.
Property Record Card (PRC)
The PRC accessed below reflects property details and values at th e time of Ta x Roll Certi fication In October of th e year li sted .
2111.5
2014
• To obtain a historic Property Record Card (PRC) from the Property Appra iser's Office, submit your request here:
More Information
~ I Pa rce l Tax Reco rd I ~ I Ma g t h!s prop erty on Google Maps I (lty Fees Record
http://apps.coj .net/PAO _PropertySearch/Basic/Detail.as px?RE= 1697370010 5/29/2016
Map Output
Rl11
IGU737 001
"" I
,,,eo
11.00 1t,OO 11·"
I liO
140
110
.. l
m »I \ )J
'"' 11)1
••. oo 1 1.10 11 ,.
•• •• ,.,
i"•m• ~dd-~~:.cii4J
MC!WlENAOINE ESTATE
~TCOA$TOR
100
~~'t:'TIC DEAC"
,,.
,,
..
..
"'" Book·P•g•
45 174711023«)
IJII!TOO ID ..
···"·-11
~:p .• ;,. -o•l /HK/{pt/0111 ~~'::
421 ~wJ~~:z:e~ 45 ~A
OTS 2,4,6 OLK
~111$11
No< In
41hS ..
ono
http ://gismap s.coj .net/WEBSI TE/D uv alMapsSQL!toolbar.asp
•• ..
~EDC ~;:ullf0f1 ~ora tv FP~C ~p Ill ono "'"' lOtH
~ot ~n ~~erpns ONEO
ono
~/A/
p::~nlnu ~ ~A NA
AGENDA ITEM 1188
JUNE 13,2016
~~HH I• ~~ Ifill ~in~ tv I ::oo ~~~ Nolle• ~:::: ono Reg ono
IJpoll ~~··~~ .. NA NA NA ~ ... UriK-t A, ••• 300')
5/29/20 16
City of Atlantic Beach
{j~rnthleaf !Jn/onnnfion ~.Wm
Community Development I GIS , ,__ _
8111 Semmale !!Dill P: !ID4147..58m
Atialtic llncl R 3ZZ33 f: 904.247..!illei
www.a~•lus
"' ..
"
"
Zoning Districts
~CBD Central Business District
-CG Commerdal, General -Cl Commercial, Limited
-CPO Commercial, Professional Office
-SP Special Purpose
•uw Light Industrial & Warehousin.g
-PUD Planned Unit Development
-SPA Special Planned Area
-CON Canservadan
-RS-l Residential, Single-Family, Large Lots
CJ RS-1 Residential, Single-Family
! R$-2 Residential, Single-Family
-RG Residenda/, General, Two-Famr1y
-RG-M Residendal, General, Multi-Family
City of Atl:Ul tic B each
Official Zoning Map
fkpirou.;-t\mcndm<'lll> tllrou;ll
Ordiu.1JIC'C ;'\'umber 90-10-212
0 500 1.000 2 .000 3,000 ·---=~----====~-----F-
AGENDA ITEM #8B
City of Atlantic Beach Jl]NE 13,2016
Long Term Financial Plan Projection Summary
General Fund
Actual Actual Estimate Budget Proj. Proj. Proj. Proj. Proj. Proj. Proj. Proj. Proj.
FY-13 FY-14 FY-15 FY-16 FY-17 FY-18 FY-19 FY-20 FY-21 FY-22 FY-23 FY-24 FY-25
Cash Balance Forward 5,999,741 6,178,222 6,522,475 6,603,516 6,603,516 6,109,072 5,842,229 5,652,023 5,759,464 5,959,845 6,499,296 7,052,613 8,082,327
Revenues
Taxes 5,069,752 5,044,296 5,191,889 5,489,037 5,697,169 5,913,284 6,137,692 6,370,712 6,612,680 6,863,941 7,124,856 7,395,799 7,677,159
Licenses and Permits 830,708 863,978 880,975 903,350 930,351 958,159 986,800 1,016,298 1,046,678 1,077,968 1,110,195 1,143,386 1,177,570
Intergovernmental Revenues 1,567,424 1,634,354 1,686,170 1,779,142 1,832,284 1,887,020 1,943,398 2,001,467 2,061,279 2,122,885 2,186,339 2,251,696 2,319,015
Charges for Services 2,161,325 2,200,952 2,328,435 2,259,665 2,326,196 2,394,707 2,465,259 2,537,913 2,612,730 2,689,776 2,769,118 2,850,824 2,934,965
Fines and Forfeitures 224,294 93,469 82,320 82,000 84,460 86,994 89,604 92,292 95,060 97,912 100,850 103,875 106,991
Miscellaneous Revenues 280,707 301,347 179,293 163,731 145,303 139,173 136,494 135,004 111,626 113,070 114,556 116,085 57,659
lnterfund Transfers 975,454 1,066,503 999,210 1,045,874 1,071,487 897,776 1,118,766 1,146,291 1,174,548 1,203,556 1,233,335 1,263,376 1,313,362
Total Revenues 11,109,664 11,204,899 11,348,292 11,722,799 12,087,248 12,277,113 12,878,012 13,299,977 13,714,601 14,169,108 14,639,248 15,125,041 15,586,722
Other Financing Sources
Total Resources 17,109,405 17,383,121 17,870,767 18,326,315 18,690,765 18,386,186 18,720,241 18,952,000 19,474,065 20,128,953 21,138,544 22,177,654 23,669,049
Expenditures by Department
Governing Body 40,225 38,324 41,315 40,384 40,892 41,412 41,939 42,476 43,022 43,577 44,141 44,715 45,298
City Administration 2,363,786 2,487,038 2,508,734 2,418,498 2,812,328 2,584,362 2,844,004 2,792,896 2,824,837 2,870,576 2,922,650 2,885,531 2,972,051
Planning and Zoning 151,766 116,794 250,710 149,364 157,616 163,604 166,911 171,171 175,774 179,709 182,909 178,355 184,513
Public Safety 4,916,804 5,011,182 5,167,154 5,767,701 6,079,112 6,200,279 6,337,681 6,498,419 6,594,943 6,642,625 6,967,675 6,995,852 7,027,688
Public Works -Streets 1,457,343 1,658,766 1,546,301 1,572,712 1,663,247 1,692,076 1,714,148 1,694,462 1,803,183 1,807,634 1,830,530 1,838,226 1,896,722
Parks and Recreation 1,035,707 1 '159,263 1,271,066 1,286,900 1,331,771 1,350,594 1,436,358 1,450,601 1,491,928 1,511,289 1,548,436 1,555,095 1,605,742
General Government 782,697 389,280 481,971 487,240 496,726 511,629 527,176 542,511 580,534 574,246 589,590 597,553 616,629
Total Expenditures 10,748 328 10 860,646 11 267,251 11 722 799 12,581,692 12,543,957 13,068,217 13,192 536 13,514 220 13,629 656 14,085 931 14 095,327 14 348,643
Revenues Less Expenditures 361,336 344,253 81,041 0 -494,444 -266,844 -190,205 107,440 200,381 539,452 553,317 1,029,715 1,238,078
Other Financing Uses 182,855
Total Cash Reserves 6,178,222 6,522,475 6,603,516 6,603,516 6,109,072 5,842,229 5,652,023 5,759,464 5,959,845 6,499,296 7,052,613 8,082,327 9,320,406
Restricted Cash 2,842,745 2,589,502 2,657,904 2,836,042 2,923,853 2,998,196 3,088,386 3,150,151 3,226,447 3,292,379 3,384,299 3,406,334 3,474,163
Unrestricted Cash 3,335,478 3,932,974 3,945,613 3,767,474 3,185,219 2,844,033 2,563,637 2,609,313 2,733,398 3,206,917 3,668,314 4,675,993 5,846,242
Total Exp. & Cash Reserves 17109405 17 383,121 17 870,767 18,326,315 18,690 765 18,386 186 18 720,241 18 952,000 19 474 065 20 128,953 21 138,544 22 177,654 23,669,049
Resource Allocation
Personnel Services 7,002,341 6,889,650 6,820,003 7,453,033 7,655,611 7,849,166 8,071,989 8,207,282 8,368,226 8,512,742 8,742,821 8,689,504 8,815,390
Operating 3,168,637 3,468,357 3,811,612 3,891,136 4,039,801 4,143,617 4,281,556 4,393,322 4,537,561 4,656,773 4,794,374 4,935,832 5,081,263
Capital Outlay 546,350 502,639 635,636 378,630 886,280 551,173 714,673 591,933 608,433 460,141 548,736 469,990 451,990
Transfers Out 31,000 0 0 0 0 0 0 0 0 0 0 0 0
Total Expenditures 10,748,328 10,860 646 11 267,251 11,722,799 12,581,692 12,543,957 13,068,217 13,192 536 13,514 20 13 629,656 14,085 931 14,095,327 14 348,643
139