11-22-2016 Organization of the Board with Oath and Regular School Board Meeting
Agenda Item #30


Title
Lease of Huntington Lane Property to Brevard County

Discussion

The School Board owns a 4.93 acre vacant parcel of land on the west side of Huntington Lane in Rockledge.  On June  9, 2015 the Board declared this land surplus (unnecessary for educational or ancillary purposes).  Based on a March 2016 appraisal, the market value of the land is $310,000. 

Brevard County is seeking federal and/or state funding to replace their existing Emergency Operations Center (EOC).  Because this land is contiguous to the existing EOC site, Brevard County has requested this land to construct the new EOC.  

There are three options available to the Board:

  1. Sell the land to Brevard County. If this option is chosen, the Board has the ability to establish the sale price at any amount deemed appropriate.   
  2. Lease the land to Brevard County.  If this option is chosen, staff recommends a 99-year lease at an annual lease rate of $1.00 per year, with the use limited to emergency operations purposes.  Note that this is similar to the lease recently approved for the Brevard County library building on the Pinewood Elementary School campus. 
  3. Donate the land to Brevard County.  If this option is chosen, staff recommends that a reverter clause be included in the deed limiting the use of the land to emergency operations purposes.  Note that this is similar to the reverter clause in the deed for the donation of the old Melbourne High School site to Brevard County.

Attachments:

  1. Location Map
  2. Resolution
  3. Appraisal
  4. Lease


Recommendation

Approve the attached lease to Brevard County for the 4.93 acre parcel of vacant land on the west side of Huntington Lane.



Meeting Date(s)
Consent w/o Information - 11/22/2016

Authority for Action
1001.42 F.S.

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact
Dane Theodore, Assistant Superintendent / Facilities Services   321-633-1000 x450


Attachment:  Location Map.pdf
Attachment:  Resolution.pdf
Attachment:  Appraisal.pdf
Attachment:  Lease Agreement - Huntington Lane Property.pdf