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Agenda 05/12/2009 Item #16K 1 P,genda Item No. 16K1 r~ay 12, 2009 Page 1 of 7 EXECUTIVE SUMMARY Recommendation to approve a Stipulated Final Judgment in the amount of $157,000 for Parcel 109 in the lawsuit styled Collier Coullty v. Regiolls Balik, et al., Case No. 07-3641-CA (Collier Boulevard Project #60001). (Fiscal Impact $9,800.) OBJECTIVE: That the Board of County Commissioners approve a Stipulated Final Judgment for payment of full compensation, for the taking of Parcel 109 in the lawsuit styled Collier COllnty v. Regions Bank, et. al., Case No. 07-3641.CA (Collier Boulevard Project #6(001), CONSIDERATIONS: Collier County condemned a 5,102 square foot parcel for road right-of-way and a temporary construction easement (Parcels 109 and 709) from property owner Regions Bank. The County's appraisal dated May 12,2006, valued the taking at S153,800 for both Parcels 109 and 709. The County offered the owner $153,800 as the County's statutory offer on August 31, 2007 based on the initial appraisal. Parcel 709 was resolved by the execution of a temporary construction easement between the County and the propeliy owner. An Order of Taking hearing was held on February 7,2008, and the County deposited the sum of $147,200 in the Court Registry for Parcel 109 only. The attached Stipulated Final Judgment ~md Joint Motion for Stipulated Final Judgment rellect a universal settlement agreement in the amount of $157,000 that includes full compensation for the parcel taken, as well as any attorncy's fees and expert fees and costs. If approved, the County will be responsible for the following costs: Additional compensation, attorney's fees, expert fees and costs: S9,800.00 FISCAL IMPACT: Funds in the amount of $9.800.00 will come ham Gas Taxes and Impact Fees. Source of funds are Gas Taxes and Impact Fees. GROWTH MANAGEMENT IMPACT: None. LEGAL CONSIDERATIONS: This itcm is Icgally suiIicient for Board action, is not quasi- judicial and as such, ex-pmie diselosure is not required. This itcm requires only a majority vote. RNZ RECOMMENDATION: That the Board of County Commissioners approve the Stipulated Final Judgment as to Parcel 109. PREPARED BY: Robert N. Zachary, Assistant County Attorney __ CP:07-3641-CA;6tll Page 1 of 1 i\gellda Item r,o, 16K1 May 12, 2009 Page 2 of7 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16K1 Meeting Date: Recommendation to approve a Stipulated Final Judgment In the amount of $157,000 for Parcel 1 09 in the lawsuit styled Collier County v, Regions Bank, et ai., Case No. 07 -3641-CA (Collier Boulevard Project #60001). (Fiscal Impact $9,800.) 5/12/200990000 AM Prepared By Robert N. Zachary County Attorney Assistant County Attorney Date County Attorney Office 4/24/200912;18;54 PM Approved B)' Debbie Armstrong Property Acquisition Specialist Date Transportation Services TEeM-ROW 4/27/200910:46 AM Approved By Robert N. Zachary Assistant County Attorney County Attorney Office Date County Attorney 4/27/20094;04 PM Approved By Norm E. Feder, Ale? Transportation Division Administrator Transportation Services Admin, Dale Transportation Services 4/28/20091 :23 PM Appro\'cd By Najeh Ahmad Director Date Transportation Services Transportation Engineering & Construction Management 4f2Cf2009 3:00 PM Appro\'ed By Lisa Taylor Transportation Services ManagemenUBudget Analyst Transportation Administration Date 4/28/20093:22 PM Approved By Jeff Klatzkow County Attorney County Attorney Office Date County Attorney 4/30i2009 4:14 PM Approvcd By Susan Usher County Manager's Office Senior Management/Budget Analyst Office of Management & Budget Date 5/212009 8;15 AM Approwd By Leo E. Ochs, Jr. Deputy County Manager Date Board of County Commissioners County Manager's Office 5/2/2009 12:14 PM ji Ie' /'C " /\s'ell(bTt~~t 'J'''llort' 1 ')(L\1:1\o,;~,() 11 o 0' 0'1 ()()C)", 1 ()(;,';,IO( '( )NSf 'Nl'o';i'OAC;F"-lD,\\, 1 (, '::;,/6/'(lOC) Item No. HjK1 May 12, 2009 Page 3 c,f 7 IN THE CIRCUIT COURT OF THE TWENTIETH JUDICIAL CIRCUIT IN AND FOR COLLIER COUNTY, FLORIDA CIVIL ACTION COLLIER COUNTY, FLORIDA, a political subdivision of the State of Florida, Petitioner, Case No, 07-3641.CA " " REGIONS BANK, successor by merger to Amsouth Bank, et al., Parcels: 109 Respondents. / STIPULATED FINAL JUDGMENT THIS CAUSE having come before the Court upon Joint Motion made by Petitioner, COLILIER COUNTY, FLORIDA, hy and through its undersigned counsel, and Respondent, REGIONS BANK, by and through its undersigned counsel, for entry of a Stipulated Final Judgment as to Parcel 109 for Project No. 6000 I, and it appearing to the Court that the parties arc authorized to make such Motion, the Court finding that the compensation to be paid by Petitioner is the full compensation due the Respondent, REGIONS BANK, and the Court being otherwise fully advised in the premises thereof, it is thereupon ORDERED AND ADJUDGED that I. Respondent, REGIONS BANK, have and recover from Petitioner, COLLIER COUNTY, FLORIDA, the total sum of One Hundred Fifty-Seven Thousand and Noll 00 Dollars ($157,000.00) for Pareel 109, as full payment for Lhe property interest taken 3...T1d for damages resulting to Lt,e remainder, if less than the entire property was taken, and for all other damages in connection with said parcel, and for attorney's fees, expert fees and costs. Agenda Item No. 16K1 May 12, 2009 Page 4 of 7 2. Petitioner, COLLIER COUNTY, FLORlDA, is entitled to a credit for the good faith estimate of value previously deposited in the amount of$147,200. 3. ORDERED that without further order of the Court, that within thirty (30) days hereof, the Clerk shall disburse the amount of One Hundred Twenty-Two and 02/100 ($122.02) to the Collier County Tax Collector, c/o E. Glenn Tucker, Esquire, Rhodes, Tucker & Garretson, P. O. Box 887, Marco Island, Florida 34 I 46 for payment of real property (axes. 4. Within tllirty days of this Judgment, the Clerk shall disburse One Hundred Forty-Seven Thousand Seventy-Seven and 98/100 Dollars ($147,077.98) to REGIONS BANK, c/o Tatia Givens-Stone, Regions Bank Corporate Real Estate Department, 7130 Goodlett Fanus Parkway, A4W, Cordova, TN 38016. 5, Petitioner, COLLIER COUNTY, FLORIDA, shall pay an additional Nine Thousand Eight Hundred and No/lOO Dollars ($9,800,00) to Respondent as remaining compensation for subject Parcel 109. 6. Within thirty days of this Judgment, Petitioner shall disburse $9,800.00 to REGIONS BANK, c/o Tatia Givens-Stone, Regions Bank Corporate Real Estate Department, 7130 Goodlett Farms Parkway, A4W, Cordova, TN 38016. 7. No other costs or fees shall be awarded to Respondent, REGIONS BANK, in this case for Parcel 109. 8. Fee simple title to Parcel 109, being fully described in Exhibit "A" attached hereto and incorporatcd herein, which vested in Petitioner pursuant to the Order of Taking dated February 7, 2008, and the deposit of money heretofore made, is approved, ratified, and confirmed, 9. As to Parcel 709, Petitioner and Respondent recognize a Temporary Construction Easement recorded in Official Records Book 4333, Page 0458 of the Public Records of Collier County, Florida. 2 .\genca item !\]o. 16K 1 May 12, 2009 Page 5 of 7 10. Notice of Lis Pendens filed in the above-styled cause and recorded in Official Record Book 4291, Page 2206 of the Public Records of Collier County, Florida be dismissed as to Parcels 109 and 709. 11. Pursuant to Section 74,051(4), F.S" the Clerk of Courts shall disburse the interest earned on the funds on deposit in the amount of $2,884.26, plus any additional accrued interest for Parcel 109, to the Board of COUllty Commissioners, account number: 336- I 63656,60001.3. 12. Respondent, EDISON VILLAGE PROPERTY OWNERS' ASSOCIATION, INC., having waived its interest, shall receive no compensation or costs for the taking of these Parcels, 13. ORDERED AND ADJUDGED that this Stipulated Final Judgment is to be recorded in the Official Records of Collier County, Florida. 14. This Order disposes of all claims arising out of the taking of Parcels 109 and 709 and that have or could have been asserted in this cause. DONE AND ORDERED in Chambers at Naples, Collier County, Florida, this day of ,2009. HONORABLE HUGH D. HAYES CIRCUIT COURT JUDGE conformed copies to: Robert N. Zachary, Esquire Tracy Haub Lautenschlager, Esquire John C. Lukacs, Esquire Mary Autry, Esquire E, Glenn Tucker, Esquire Kevin Hendricks, Acquisition Mgr./Transp. ACcowlting 3 Agenda Item No. 16K1 May 12, 2009 Page 6 of 7 JOINT MOTION FOR STIPULATED FINAL JUDGMENT Petitioner, COLLIER COUNTY, FLORIDA, together with Respondent, REGIONS BANK, hereby respectfully move for entry of the foregoing Stipulated Final Judgment as to Parcels 109 and 709. Dated: Apr\ l z. II -Z~Cj U ~~?J0 Tracy Ha LautenscWager, Esquire Florida Bar No.:773130 Greenberg, Traurig 401 East Las 01as Boulevard Fort Lauderdale, Florida 33301-2210 (954)768-8270 Phone (954)765-1477 Facsimile ATTORNEY FOR RESPONDENT REGIONS BANK Dated; ~ Robert N. Zachary Assistant County Attorney Florida Bar No,: 816604 3301 East Tamiami Trail, 8th Floor Naples, Florida 34112 (239) 252-8400 - Phone (239) 252-6300 - Facsimile ATTORNEY FOR PETITIONER COLLIER COUNTY, FLORIDA CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing has been furnished by United States Mail to all interested parties below, on this ___ day of Regions Bank c/o Tracy Haub Lautenschlager Greenberg, Traurig, P.A. 401 E. Las Olas Blvd, Fort Lauderdale, FL 33301-2210 Edison Village Property Owners' Association, Inc. c/o John C. Lukacs, Esquire John C. Lukacs, P.A. 201 Sevilla Ave., Suite 305 Coral Gables, FL 33134 cpm-3641-CA:689 ,2009. ROBERT N. ZACHARY, ESQUIRE Collier County Tax Collector c/o E, Glcnn Tucker, Esquire Rhodes, Tucker & Garretson P.O. Box 887 Marco Island, FL 34146 Regions Bank c/o Mary Autry, Esquire Regions Financial Corporation 7130 Goodlett Fanns Parkway, A4V.l Cordova, Teni1essee 38016 4 " . 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