Agenda Item Name:
Title
Use of General Fund Reserves for Due Diligence regarding purchase of Fellowship Baptist Church in High Springs
End
Presenter:
Tommy Crosby 352-337-6205; Ramon Gavarrete 352-548-1214
Description:
Approve the budget amendment and use of General Fund Reserves for the due diligence activities related to the purchase of the Fellowship Baptist Church in High Springs.
Recommended Action:
Recommended Action
Approve the use of General Fund Reserves and corresponding budget amendment for the Due Diligence portion of estimated costs associated with the purchase of the Fellowship Baptist Church in High Springs.
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Prior Board Motions:
3/2/21 Board Meeting - item 21-0187 was discussed.
Discussion of purchase of Fellowship Baptist Church in High Springs 21-0187 Fiscal Consideration: Asking price for the church and surrounding 9 acres: $3,300,000
ESTIMATES of the cost of acquisition will include:
Two appraisals $20,000
Building condition due diligence report $33,000
Phase I Environmental Audit $3,000
Survey and other Public Works Charges $10,000
Estimated (will invoice actual expenses)
Title insurance premium and search fee $11,000
Attorney's fees $5,000
Recording costs $100
Post-closing costs will include upgrading and conversion of structures to the County's intended uses, ongoing maintenance and operation of the property and facilities.
Funding sources could include the General Fund, Solid Waste and Wild Spaces & Public Places, depending on the final uses determined for the site.
Recommended Action: Direct staff on whether to proceed with the investigation of, and possible option contract for the Fellowship Baptist Church as a potential location for County offices and facilities.
Deputy County Manager Harriot and Community Support Services Director Claudia Tuck presented the above item.
Public Works Director Ramon Gavarrete, Commissioner Alford, Commissioner Prizzia, Commissioner Wheeler, Assistant County Manager T...
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