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ORANGE COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 12, 2006 <br />Action Agenda <br />Item No. 5 - h <br />SUBJECT: Approval of Contract to Purchase Real Property - Paydarfar Tract <br />DEPARTMENT: Environment and Resource <br />Conservation <br />ATTACHMENTS <br />Location Map <br />OfFer to Purchase and Contract <br />PUBLIC HEARING: (YIN) No <br />INFORMATION CONTACT: <br />David Stancil, 245-2590 <br />Rich Shaw, 245-2591 <br />PURPOSE: To approve a contract to purchase a 10-acre tract of land from David Paydarfar <br />for an addition to the future Millhouse Road park property. <br />BACKGROUND: Mr. David Paydarfar owns a 10-acre tract located west of Millhouse Road <br />in Chapel Hill Township. The property is adjacent to a 69-acre tract of land that the County <br />acquired from Mrs. Julia Blackwood in 2004 for a future county park. The property is <br />accessible from Millhouse Road. A location map is provided as an attachment. . <br />The property was once part of the adjacent Blackwood farm. The Blackwoods subdivided <br />and sold the 10 acres in 1979. David Paydarfar purchased the site in 1986. The land is <br />entirely forested with young pine and sweet gum trees that have grown up over the past 20 <br />years of inactivity. There do not appear to be any constraints for using this property for <br />parkland purposes. A Phase I site evaluation would be conducted prior to the purchase. <br />Current plans for this property are to "land bank" it for future use in conjunction with the <br />adjacent park property. A master plan for the park will be developed in the future. <br />Mr. Paydarfar has agreed to sell the land to Orange County for $187,350 (or $18,735/acre), <br />which is consistent with an appraisal of the property conducted in 2006. <br />Upon approval by the Board, a closing on the purchase of this property is expected to occur <br />on or before February 28, 2007. <br />FINANCIAL IMPACT: The purchase price is $187,350 plus an additional $3,000 to $5,000 <br />for a boundary survey and closing costs. Funds would be paid from the County's 2001 Parks <br />and Open Space bond (Lands Legacy), which totaled $7.0 million. A total of $3.5 million has <br />been appropriated from this amount, with $2.2 million spent to date. <br />