LEGISLATIVE ACTION ITEM
SPONSOR: Ashton J. Hayward, III, Mayor
SUBJECT:
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Declaration and Disposal of Surplus City Property - 400 Block West Belmont
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RECOMMENDATION:
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That City Council declare the City-owned unimproved real property located at 400 Block West Belmont Street, Parcel Identification Number 000S009060030022, Account Number 150263000, as surplus and authorize the Mayor to engage the services of a real estate professional from the City’s list of qualified real estate professionals to market and sell the parcel.
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AGENDA: Regular
Public Hearing Required: No Hearing Required
SUMMARY:
The unimproved property located at 400 Block West Belmont Street has been identified as available for disposal. The parcel is located on Lot 3, Block 22 West King Tract with frontage on Belmont Street. The site is approximately 0.0740 acres and the parcel is zoned R-1A, one and two family zoning district.
On July 30, 1981, the City acquired title to this property and 17 others through a Special Master’s Deed pursuant to the final judgement in Case Number 81-1155-CA-01 in the Circuit Court in and for Escambia County, Florida, captioned The City of Pensacola versus Certain Lands upon Which Demolition Liens are Delinquent as recorded in Deed Book 1564 at Page 55 of the public records of Escambia County, Florida.
To facilitate the sale of the property, a realtor will be engaged to market the parcel and respond to inquiries related to the sale of the property. An appraisal of the parcel will be conducted and once a buyer is identified, the proposal will be presented to City Council for consideration.
PRIOR ACTION:
May 22, 1980 - City Council adopted Resolution Number 30-80 electing to foreclose delinquent municipal tax and special assessment liens, pursuant to Chapter 173, Florida Statutes.
September 8, 2009 - City Council approved the utilization of professional real estate services to market and sell property.
FUNDING:
N/A
FINANCIAL IMPACT:
Costs associated with the sale of the property such as appraisals and closing costs will be reimbursed from the proceeds of the property sale. Additionally, the Westside Redevelopment Area will benefit from tax increment financing revenue resulting from development of the property.
CITY ATTORNEY REVIEW: Yes
12/27/2016
STAFF CONTACT:
Eric W. Olson, City Administrator
Keith Wilkins, Assistant City Administrator
Rebecca Ferguson, Economic Policy Coordinator
ATTACHMENTS:
1) Parcel Map - 400 Block West Belmont
2) Escambia County Property Appraiser Parcel Information - 400 Block West Belmont
3) Special Master’s Deed, Deed Book 1564, Page 55 - 400 Block West Belmont
4) City Council Resolution Number 30-80
PRESENTATION: No
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