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Agenda 06/08/2021 Item #16A16 (Agreement for Purchase of land for construction of the Randall Blvd. Project)06/08/2021 EXECUTIVE SUMMARY Recommendation to approve an agreement for the purchase of land (Parcel POND3EA) required for construction of the Randall Boulevard Project (Project 60065) and authorize the necessary budget amendments. OBJECTIVE: To purchase a parcel of land needed for the construction of the Randall Boulevard Project (the Project) and authorize the necessary budget amendments. CONSIDERATIONS: Collier County is seeking to purchase Parcel POND3EA (the property), a 2.98 acre unimproved tract of land owned by Elah Holdings LLC (the owner). The property is located on the south side of Randall Boulevard adjacent to the Golden Gate Main Canal. The County is presently not actively acquiring right-of-way for the Project. However, the owner recently contacted staff and offered to sell the property to the County at a price in the $190,000’s. The Transportation Division’s review appraiser, Harry Henderson, has estimated the fair market value of the property to be $150,000. Mr. Henderson’s valuation memo is attached. The purchase agreement (also attached) reflects a negotiated purchase price of $160,000. The County already owns an adjacent parcel (POND3EB). The two properties are needed as a pond site for the Project. The opportunity to purchase the property at a reasonable price locks-in a valuable component parcel needed for the future Randall Blvd road widening project. Rapid development in the area has very much reduced the number of vacant sites suited for pond site use. Staff accordingly recommends that the Board of County Commissioners (Board) approve this opportunity purchase. FISCAL IMPACT: Funds estimated at $161,500 will be required, being the purchase price of $160,000 plus title commitment, title insurance, recording and miscellaneous closing f ees estimated not to exceed $1,500. A budget amendment is necessary in the amount of $161,500 to move funding from reserves to the project. Funding will be from impact fee reserves. No maintenance costs are anticipated until such time as the Project is constructed GROWTH MANAGEMENT IMPACT: This recommendation is consistent with the Transportation Plan and the Collier County Growth Management Plan. LEGAL CONSIDERATIONS: This item has been approved as to form and legality and requires a majority vote for Board approval. - JAB . RECOMMENDATION: Approve the attached purchase agreement and authorize the Chairman to execute same on behalf of the Board; . Accept the conveyance of Parcel POND3EA and authorize the County Manager, or his designee, to record the conveyance instrument in the public records of Collier County, Florida; . Authorize the payment of all costs and expenses that Collier County is required to pay under the terms of the purchase agreement to close the transaction; . Authorize the County Manager or his designee to take the necessary measures to ensure the County’s performance in accordance with the terms and conditions of the purchase agreement; and . Authorize the necessary budget amendment required to carry out the collective will of the Board. Prepared By: Robert Bosch, Manager, ROW Acquisition, Transportation Engineering Division. 16.A.16 Packet Pg. 774 06/08/2021 ATTACHMENT(S) 1. Purchase Agreement - signed (PDF) 2. Aerial - POND3EA (PDF) 3. Valuation Memo (PDF) 16.A.16 Packet Pg. 775 06/08/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.16 Doc ID: 15779 Item Summary: Recommendation to approve an agreement for the purchase of land (Parcel POND3EA) required for construction of the Randall Boulevard Project (Project 60065) and authorize the necessary budget amendments. Meeting Date: 06/08/2021 Prepared by: Title: Manager, ROW Acquisition – Transportation Engineering Name: Robert Bosch 05/04/2021 11:33 AM Submitted by: Title: Division Director - Transportation Eng – Transportation Engineering Name: Jay Ahmad 05/04/2021 11:33 AM Approved By: Review: Road Maintenance Albert English Additional Reviewer Completed 05/07/2021 9:29 AM Transportation Engineering Jay Ahmad Additional Reviewer Completed 05/10/2021 10:47 AM Growth Management Department Lisa Taylor Additional Reviewer Completed 05/11/2021 10:22 AM Growth Management Operations Support Christopher Johnson Additional Reviewer Completed 05/11/2021 2:44 PM Growth Management Department Gene Shue Additional Reviewer Completed 05/13/2021 9:53 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 05/13/2021 10:02 AM Growth Management Department Trinity Scott Level 2 Deputy Dept Head Reviewer Completed 05/18/2021 3:31 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 05/18/2021 3:53 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/19/2021 8:32 AM Office of Management and Budget Susan Usher Additional Reviewer Completed 05/29/2021 4:46 PM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 06/01/2021 10:10 AM Board of County Commissioners Geoffrey Willig Meeting Pending 06/08/2021 9:00 AM 16.A.16 Packet Pg. 776 16.A.16.a Packet Pg. 777 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 778 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 779 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 780 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 781 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 782 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 783 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 784 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 785 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.a Packet Pg. 786 Attachment: Purchase Agreement - signed (15779 : Purchase of POND3EA - Randall 60065) AERIAL - POND3EA (Randall Blvd. Project No. 60065) POND3EA / 16.A.16.b Packet Pg. 787 Attachment: Aerial - POND3EA (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.c Packet Pg. 788 Attachment: Valuation Memo (15779 : Purchase of POND3EA - Randall 60065) 16.A.16.c Packet Pg. 789 Attachment: Valuation Memo (15779 : Purchase of POND3EA - Randall 60065)