PLACEMENT: Consent
TITLE:
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APPROVAL OF A SALES CONTRACT FOR THE ACQUISITION OF 8456 SE FERN STREET IN HOBE SOUND AND ADOPTION OF A RESOLUTION APPROVING AND ACCEPTING A WARRANTY DEED FROM RENEE MCCLAIN
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EXECUTIVE SUMMARY:
executive summary
This is a request for approval of an "As Is" Sales Contract for the acquisition of a property located at 8456 SE Fern Street, Hobe Sound, which was identified as needed for additional flood attenuation and adoption of a resolution approving and accepting a Warranty Deed from Renee McClain, a single woman.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: James Gorton, Public Works Director
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Agreement/Contract drafted by: Martin County
2. Parties to the Agreement/Contract: Martin County - Grantee
Renee McClain- Grantor
3. Purpose of the Agreement/Contract: Acquisition of parcel for flood attenuation
4. New/Renewal/Modification: New
5. Duration: Perpetual
6. Benefits to Martin County: Additional space for flood abatement efforts
7. Cost to Martin County: $235,000 acquisition, plus closing costs
The subject property is located at the intersection of SE Fern Street and SE Lantana Ave in the Olympia Subdivision (Banner Lake), and the house is a repetitive loss property that has flooded at least 4-6 times in the past 20 years. Fern Street and Lantana Ave also flood in the same rain events, which impacts access for residents and emergency services. The most recent flood event occurred in September 2020. It also flooded in June/July 2020, when thirty inches (30") of rainfall was experienced in Hobe Sound over a ten-day period, which amounts to almost half the yearly expected rainfall. While this was an extreme event, recent experience has indicated that our weather norms are changing.
There is no outfall from this location, and the elevation of...
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