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DEPARTMENT: Engineering
SUBMITTED BY: Jill Kersey
PRESENTED BY: Mike Giardullo
TITLE & DESCRIPTION:
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CR 769 Expansion-Statement of Offer Letter for Stormwater Parcels
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REQUESTED MOTION: To approve the Statement of Offer Letter and authorize the Chairman to sign.
SUMMARY:
The County wishes to purchase 10 parcels totaling approximately 3.7 acres bound by CR 769, SW Sheri Avenue and SW Ben Drive for the purpose of stormwater management for the King’s Highway Expansion Project. County staff has spoken to the property owner and expects $760,000 will be an agreeable and fair purchase price
BACKGROUND:
FDOT is in the process of designing the expansion of CR 769 (Kings Highway) from the DeSoto/Charlotte County line to SW Glenadine Avenue. The roadway will go from a 2-lane undivided roadway to 4 lanes with a median. The additional impervious area requires properties be dedicated for stormwater management. FDOT has reviewed the 10 lots and determined they are suitable for this purpose. The County has performed an appraisal and a title search and a survey of the properties is underway. Once the offer letter is signed and the survey is complete, the County will prepare a purchase agreement for Board action.
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