Bill Type and Number: Ordinance 2007-8

Sponsor: The Council President at the request of the Mayor:

Date of Introduction: January 9, 2007

Committee(s) of Reference: F; ECID; JWW

Date of Analysis: January 12, 2007

Type of Action: Agreement Authorization; Appropriation’ CIP Amendment

Bill Summary: This ordinance authorizes and directs the Mayor and Corporation Secretary to execute an Assignment of Option Agreement for the sale and purchase between the City of Jacksonville and Preservation North Florida, Inc., for the City’s purchase of land. The bill authorizes the acquisition of Real Estate #160803-3000) at Palm’s Fish Camp at the purchase price of $400,000. The parcel, at Palms Fish Camp, is 3.17 acres. The bill appropriates $187,000 from various Department of Parks, Recreation, Entertainment and Conservation accounts for the acquisition of the parcel and payment of closing costs; the bill provides for the use of $263,000 appropriated by Ordinance 2006-1360-E for the balance of the funds required for the acquisition and provides for the reversion of unused funds. The bill amends the 2006-2011 Five Year Capital Improvement Program, approved by Ordinance 2006-789-E, for the “Palm’s Fish Camp Acquisition” project. Acquisition of the land is contingent upon the receipt of an appraisal, environmental site assessment survey and title report.

Background Information: Ordinance 2006-1360-E had previously appropriated additional funding ($263,000) received from the Florida Inland Navigation District (FIND) for this project. The primary use of the funds is to acquire additional land at the site for parking for the boat ramp facility.

Policy Impact: Parks, Recreation, Entertainment & Conservation/Waterways

Fiscal Impact: The bill appropriates $187,000

Analyst: Jackson