Sarasota County Schools
Agenda Item #14
Title
APPROVAL OF CONTRACT TO SELL PROPERTY
Description
In 2005, Neal Communities, Inc. offered to purchase a narrow sliver of land from a parcel of land planned as the 6th or 7th elementary school in North Port. The School Board purchased the original 47.38 acre parcel from the prior Panacea developer in November of 2000. The 0.748 acre portion is isolated from the main portion of the school parcel by a wetland area, and has no useful purpose to the school district. Neal Communities desires this portion to gain access from Panacea Boulevard to a small 30-lot residential development that has been displaced by a requirement for a community park. The attached contract is for the appraised value per square foot.
Recommendation
That the School Board of Sarasota County declare the identified parcel as surplus and approve sale of the parcel to Neal Communities, Inc. for $65, 250.00.
Contact
LEMPE & MARSH
Financial Impact
N/A
Attachment: Panacea parcel survey and d.pdf
Attachment: Attorney approval page.pdf
Attachment: Panacea parcel concept plan.pdf
Attachment: Panacea parcel contract.pdf