Agenda Item Name:
Title
Use of General Fund Reserves to Purchase Land in Micanopy, per Approved Settlement Agreement.
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Presenter:
Tommy Crosby, Assistant County Manager, 352-337-6205
Description:
March 22, 2022, the Board approved a settlement agreement for the purchase of land in Micanopy and use of General Fund Reserves for this purchase. A budget amendment is necessary to reallocate budget from General Fund Reserves to an expenditure account in Special Expense so funds can be expended at the closing. Also, authorize the Chair or the County Manager (or her designee) to approve and execute, on behalf of the County, any other documents approved by the County Attorney’s Office that are necessary to implement the terms and conditions of the Settlement Agreement, or to complete the purchase and conveyance of the Property to the County.
Recommended Action:
Recommended Action
Approve the budget amendment to move the funds from General Fund Reserves to Special Expense for the purchase of land in Micanopy, per the Settlement Agreement. Authorize the Chair or the County Manager (or her designee) to approve and execute, on behalf of the County, any other documents approved by the County Attorney’s Office that are necessary to implement the terms and conditions of the Settlement Agreement, or to complete the purchase and conveyance of the Property to the County.
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Prior Board Motions:
March 22, 2022: Approved the Proposed Settlement Agreement and authorized the Chair to execute on behalf of the County. The motion carried 5-0.
Fiscal Consideration:
. Fiscal Consideration
$720,000 for the land purchase through the approved Settlement Agreement, plus no more than $10,000 in attorney fees, recording fees and other closing related costs, utilizing General Fund Reserves.
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Strategic Guide:
. Strategic Guide
N/A
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Background:
At the March 22, 2022, meeting, item #13. Proposed Settlement Agreement under Section 70.51 Florida Statute.
• Fiscal Consideration: As reflected in the settlement agreement, funding for settlement will come from General Fund Reserves at final settlement.
• Recommended Action: Approve the Proposed Settlement Agreement and authorize the Chair to execute on behalf of the County.
• Chair Wheeler read a statement regarding the settlement agreement with Concept Companies. Assistant County Attorney Corbin Hanson presented the specifics of the settlement agreement.
• Mr. Hanson stated that the settlement allows the County to purchase the property that was the site of the proposed Dollar General Store near Micanopy and the adjacent property. The agreement allows the County to perform due diligence on the site and purchase it to preserve it for the community.
• Commissioner Prizzia moved to direct staff to reach out to the Town of Micanopy and explore how the County can work with them together on a plan for the long term. Look into funding options and grant options that might help recoup some of the cost from the purchase of the land. Through some of the state money available for conservations and cultural lands.
• 2nd Commissioner Cornell
• Chair Wheeler recognized Aaron Webber, Robert Rosa, and a Representative from the Seminole Tribe who presented comments regarding the purchase of the site.
• The motion carried 5-0.
Budget Management - Administrative Procedure, effective 10/1/2020
Budgeted Reserve for Contingency
7. Reserve for contingency requests in the General Fund, MSTU Law Enforcement and MSBU Fire Funds must be approved by the Board of County Commissioners. The Board will use the procedures and evaluation criteria set forth in this, and other policies. Such requests will be evaluated as to the:
I. Urgency of the request
II. Scope of services to be provided
III. Short and long-term fiscal impact of the request
IV. Potential for alternative methods of funding or providing the service(s)
V. Review for duplication of service(s) with other agencies
VI. Review of efforts to secure non-County funding
VII. Discussion of why funding was not sought during the normal budget cycle
VIII. Review of the impact of not funding or delaying funding to the next fiscal year.