Laserfiche WebLink
CASSELBERRY CITY COMMISSION <br />Minutes of January 25,2016 — Regular Meeting <br />Page 6 of 16 <br />Introduction: Resolution 16 -2824 approves the purchase ofthe property located at 315 Concord Drive, parcel <br />identification numbers 08- 21- 30- 511 -OA00 -0080 and 08- 21- 30- 511 -OAS00 -0090, forthe amount of $139,900 <br />plus closing and other associated costs, the Contract for Sale and Purchase, and authorizes the Mayor to <br />execute the documents on behalf of the City Commission. Consideration of related Budget Amendment #16- <br />032 is also requested. <br />Discussion: The anticipated total cost of acquisition is $149,775, including purchase, closing costs, survey, <br />Phase 1 evaluation, acquisition fees, and appraisal. <br />Budget Impact: Approval of Budget Amendment #16 -032 will increase the Stormwater Land account #001- <br />0740- 539.61 -07 in the amount of $149,775 and the Other Non - Operating Sources account #110- 0000- 389.90- <br />00 in the amount of $74,083, and decrease the Infrastructure account #110 - 0740 - 539.63 -40 in the amount of <br />$75,692. <br />BA #16 -032 <br />Explanation of Request: This item seeks City Commission approval for the acquisition of 315 Concord <br />Drive (parcel 08- 21- 30- 511 -OA00- 0080). This property will be used for improvements associated with the <br />Concord Drive Improvement Project. Therefore, it is advantageous to obtain this property for the City's <br />purposes. The breakdown for the land acquisition is $139,900 for the property and approximately $9,875 in <br />closing costs and will be funded from Stormwater. <br />Account Number <br />Account Description <br />Amount <br />Decrease: <br />110- 0740 - 539.63 -40 <br />Infrastructure <br />$75,692 <br />Increase: <br />110 - 0000 - 389.90 -00 <br />Other Non - Operating Sources <br />$74,083 <br />110- 0740 - 539.61 -07 <br />Land Acquisition <br />$149,775 <br />Recommendation: The City Manager and the Public Works Director recommended approval of Resolution <br />16 -2824 and related Budget Amendment #16 -032. <br />H. Resolution 16 -2825 Support for Innovative Traffic Signal Technologies Pilot Protect <br />Introduction: Resolution 16 -2825 declares City Commission support for a regional innovative traffic signal <br />technologies pilot project in cooperation with MetroPlan Orlando, the Florida Department of <br />Transportation /District 5, and other local governments. <br />Budget Impact: There is no budget impact associated with this item. <br />Recommendation: The City Manager and the Public Works Director recommended approval of Resolution <br />16 -2825. <br />