CRA Minutes 08/08/2008 - Laserfiche WebLink

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Community Redevelopment Agency August 8,2008 Page 4 of8 Mr. Jones said the contract should include a clause for the immediate demolition of the current building. Mr. Paradise said a demolition permit has been issued and the shingles have been removed. He said they are moving forward with the demolition of the building. Mr. Paradise said that the CRA is not in a position to evaluate the offer until the property has been advertised to provide a 30 day period in which the City entertains offers for the sale of that property. He said at the end of the 30 days, the offers would be evaluated and a detailed evaluation would be provided to the CRA for their review and decision on the sale of the property. Mr. Paradise said that the eRA is not obligated to sell the property after the 30 day period. Mr. Daigle made a motion to direct staff to legally advertise the two CRA owned parcels for sale to determine the interest in the property. Mr. Etze seconded the motion. Mr. John Casselberry, 700 South Lost Lake Lane, Casselberry, Florida came forward. Mr. Casselberry suggested the CRA contact Mr. Rubin regarding the sale price for his parcel. Mr. Casselberry also suggested an exchange of property on a square foot for square foot basis. Mr. Casselberry felt the demolition of the building would decrease the value of the property. Mr. Casselberry stated that the demolition contractor said the property owner's main motivation for demolishing the building is his concern with code enforcement on the property. Mr. Casselberry said from an economic point of view, the property could be assembled and split into % acre lots. In response to Mr. Casselberry's question, Mr. Paradise stated that Mr. Steve Triece, representative for the CRA, had discussions with Mr. Rubin regarding the three parcels adjacent to the Target driveway. Mr. Triece offered to sell the two CRA owned parcels to Mr. Rubin for $24 a square foot and Mr. Rubin offered $9 a square foot for the parcels. Mr. Rubin also offered to sell his property to the CRA for approximately $800,000. Mr. Casselberry also suggested that the corner parcel should not be included in the replating of the parcel due to the Target easement agreement and parking requirements. Commissioner Sandi Solomon came forward to speak. In response to Commissioner Solomon's question, Mr. Paradise said, according to Florida Statute Chapter 163, the property can be sold for less than the fair market value if the proposed development forwards the redevelopment of the CRA. Mr. Paradise said Mr. Rubin attached two drawings to the offer; however, there is nothing that connects the drawings at this point to a firm commitment. Mr. Paradise said the one drawing is for a two story building that totals approximately 12,000 square feet and the second drawing was a single building with slightly less square footage.