The City Commission will once again consider the proposed $5.5 million purchase of three lots to convert into public parking.
A second appraisal has been completed on the lots at 495 S. Orange Ave., 307 S. Orange Ave. and 1623 Laurel St., and it came in at $5.72 million — about $900,000 less than the first appraisal, but still more than the city’s offer on the land.
That January appraisal of $6.6 million was the major sticking point when City Manager Bob Bartolotta first proposed buying the three lots earlier this month.
Commissioners were concerned that the appraisal took into account listed prices of nearby for-sale properties and not just actual sale prices. They asked for a second appraisal before deciding whether to approve the purchase.
Michael Saunders and Co. currently owns the three parcels. The city had a contract offer for $5.5 million on the land that was set to expire earlier this month, but the real-estate company granted an extension, so the commission could reconsider the sale at its Monday meeting.
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4 Mindful Practice
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5 Sarasota Singles Society: "An Evening at the Sarasota Opera House"
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8 GriefShare Seminars & Support Groups
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Sarasota resident Sol Carson celebrated his 100th birthday Aug. 15, at the Jewish Family and Children’s Services of Sarasota Inc. The birthday party included cake, singing and family. Carson, a South Philadelphia native, lives in Sarasota with his son, Charles.
The St. Boniface Youth Group held an ice cream social for families Sunday, Aug. 17, in Siesta Key Village.
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