8.B.
FPRA Regular Meeting - 5:05 PM
- Meeting Date:
- 07/08/2025
- Re
- Authorization to Negotiate the Purchase of 1238 Avenue D
- Submitted For:
- Shyanne Harnage
SUBJECT:
Authorization to Negotiate the Purchase of 1238 Avenue D
SUMMARY:
At the request of the FPRA Board, staff obtained an independent appraisal of the property located at 1238 Avenue D. This parcel is adjacent to the new Highwaymen Museum and is considered a strategic acquisition to support ongoing redevelopment efforts in the surrounding area.
Staff is now seeking authorization to initiate negotiations with the property owner for the potential purchase of this property, consistent with the goals of the FPRA and subject to future Board approval of any negotiated terms.
Staff is now seeking authorization to initiate negotiations with the property owner for the potential purchase of this property, consistent with the goals of the FPRA and subject to future Board approval of any negotiated terms.
FPRA REDEVELOPMENT PLAN GOAL/POLICY
GOAL 4. The Fort Pierce Redevelopment Agency shall evaluate opportunities for site and facility acquisition to implement the Goals, Policies and Projects/Activities of the Fort Pierce Community Redevelopment Plan.
RECOMMENDATION:
Authorize staff to negotiate the potential purchase of 1238 Avenue D.
ALTERNATIVES:
Direct staff to take no further action at this time.
RESPONSIBLE STAFF:
Shyanne Harnage, Community and Economic Development Director
COORDINATED WITH:
Richard Chess, City Manager/FPRA Director
Purchasing Division
Purchasing Division
Fiscal Impact
- Budgeted Y/N:
- N
- Fiscal Year:
- 2025
- Account:
- TBD
- Amount:
- TBD
OTHER INFORMATION:
There is no fiscal impact associated with this item at this time. Any potential acquisition costs will be brought to the Board for approval following negotiation.