File #: CON. NO. 160-2023    Version: 1 Name: Land Purchase for WTP
Type: Contract Status: Passed
File created: 6/30/2023 In control: City Council
On agenda: 10/10/2023 Final action: 10/10/2023
Title: Consider the Purchase of a 7.8-Acre Parcel of Land Located at 1795 East Venice Avenue (Parcel ID Nos. 0412080005, 0415080006 and 0415080002) from FNG Holdings-Land LLC, for a Purchase Price of 3,400,000
Attachments: 1. Memorandum, 2. Exhibit "A" - Commercial Contract, 3. Exhibit "B" - Appraisal Report #1 - Hettema Saba, 4. Exhibit "C" - Appraisal Report #2 - Bass Fletcher & Associates, 5. Exhibit "D" - Proposed Location Map, 6. Exhibit "E" - Proposed Parcel Aerial, 7. Exhibit ā€œFā€ Photo of WTP Area (normal day), 8. Exhibit ā€œGā€ Photo of Water Treatment Plant Area During Hurricane Ian, 9. Broker's Opinion of Value - 1795 E. Venice Ave, 10. Written Correspondence, 11. Correspondence

Title

Consider the Purchase of a 7.8-Acre Parcel of Land Located at 1795 East Venice Avenue (Parcel ID Nos. 0412080005, 0415080006 and 0415080002) from FNG Holdings-Land LLC, for a Purchase Price of 3,400,000