CITY OF ORLANDO
COUNCIL AGENDA ITEM

Items Types:
Business and Financial Services 		For Meeting of:
December 7, 2015
District: 5 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No
Subject:
Disposition of vacant lot at 607 Lake Dot Circle to the Salvation Army
Summary:

The City owns a vacant lot at 607 Lake Dot Circle, the northeast intersection of Lake Dot Circle and W. Concord St. (Location Map attached).  The Salvation Army owns the remainder of the block and would like to purchase the City lot to include in their Parramore Campus.  Attached Master Plan shows use of the property as green space.

The Salvation Army previously owned the property and sold it to the City in 1989 around the time the City was opening the Amway Arena.  

The City and Salvation Army have been considering this sale since 2013 when the Salvation Army had the property independently appraised for $165,000 which is the sales price.  

The City will reserve back a City Services Easement for existing sidewalk and related improvements located on the property.  The disposition is subject to Creative Village Development, LLC (CVD) releasing the property from Option Agreement, Master Development, and all other related agreements for land not necessary for CVD's redevelopment.

 

 
Fiscal & Efficiency Data: See attached FIS.
Recommended Action:
Approval of Vacant Land Contract in substantially the form attached; authorize Real Estate Manager to execute contract and any extensions, if necessary; authorize Mayor/Pro Tem to execute Deed and Release of Option Land; all subject to review and approval by the City Attorney's Office. 
Agenda Item attachment(s) on file in the City Clerks Office.
Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.
Contact: Clayton B. Green
Approved By:

Department Date and Time
Budget Outside Routing Approval 11/24/2015 9:57 AM
City Clerk 11/24/2015 11:37 AM
ATTACHMENTS:
Name: Description: Type:
Location_Map.pdf Location Map Backup Material
Salvation_Army_Master_Plan.pdf Salvation Army Master Plan Backup Material
Salvation_Army_Vacant_Land_Contract.pdf Vacant Land Contract Backup Material
Fiscal_Impact_Statement_607_Lake_Dot_Circle.doc Fiscal Impact Statement Backup Material
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