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HomeMy WebLinkAboutItem 03 Approval of Authorization to Proceed with Contract for Sale of City-owned Property Identified as 1 Taylor St. City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: July 16, 2024 Item #: 3 Contact Name: Michael Rumer Department Director: Michael Rumer Contact Number: Ext. 1018 City Manager: Robert Frank Subject: Approval for Authorization to Proceed with a Contract for Sale of City-owned Property Identified as 1 Taylor St. (Concurrency & Commitment Coordinator McFarlane) Background Summary: The City has received an unsolicited offer from Thomas Milton West Trust (Purchaser) to purchase 1 Taylor Street (0.21 acres, parcel ID #18-22-28-0000-00-049) from the City. The purchaser intends to design, engineer, and construct a restaurant/café on the property and an adjacent property under their ownership. As an additional benefit to the purchase of the property, the purchaser will provide the City a perpetual parking easement over the parking lot during non-restaurant/café hours, which will add an estimated 20 parking spaces to the downtown free parking. Preliminary discussions with Thomas Milton West Trust have resulted in the following commitments for the contract: 1) Thomas Milton West Trust agrees to deed the City the entirety of 200 W Oakland Avenue (0.14 acres, parcel ID #17-22-28-6144-01-081). A corner clip of this property is needed for right-of-way improvements to W. Oakland Avenue construction project. In lieu of negotiating a "Public" taking with the City's Eminent Domain Attorney, Thomas Milton West Trust is willing to deed the entire property as part of the proposed transactions. 2) Thomas Milton West Trust agrees to pay the City $25,000.00. 3) The City of Ocoee agrees to deed Thomas Milton West Trust the entirety of 1 Taylor Street (0.21 acres, parcel ID #18-22-28-0000-00-049). 4) The City agrees to transfer ownership of the following surplus equipment listed below to Thomas Milton West Trust: City ID # Year Make Model Serial/VIN # Miles/Hours Accessories #105 2006 Ford F-250 1FTNF20576ED27115 65,067 Utility Body #181 2006 Ford F-450 1FDXF47PX7EA36620 554,085 Dump Body #717 2005 John Deere Gator W04X2SD008728 939 Page 27 of 240 City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org #988 2012 Vermeer BC1500 1VR2161V9C1002878 2,215 5) Thomas Milton West Trust agrees to provide a perpetual public parking easement over the property for any future development of the site. 6) Thomas Milton Trust will be responsible for paying all costs for the future connection to the sewer system on W. Oakland Avenue. Issue: Should the Honorable Mayor and City Commissioners authorize staff to proceed with a contract for the sale of City-owned property identified as 1 Taylor Street, based on the unsolicited offer from Thomas Milton West Trust? Recommendations: Staff recommends the Honorable Mayor and City Commissioners authorize staff to proceed with a contract for the sale of City-owned property identified as 1 Taylor St. Attachments: 1. 1 Taylor Street- Thomas Milton West Trust Financial Impacts: The City will receive $25,000.00 for the transaction. Type of Item: Regular Page 28 of 240 Remain Under West Ownership West Deedto City City Deedto West Public Right-of-Way T a ylor St W Oakland Ave W Mckey St Bay StI 0 40 8020Feet Location Map for Thomas Milton West Trust Proposed Property Deed Transfers Page 29 of 240