Agreement for Purchase and Exchange of Real Property - Gilliss & Gilliss, Inc. - Fire Station #19 - $997,800.00

32:07second. Okay. Yeah, I don't need 'em. I just mature it. Cool. All right, thank you. Um we do have another INM that I need to go back to C twenty.

32:19C twenty. And then I will go to C fifty seven, C fifty nine.

32:23Good morning Chairman, board members, Andrew Baxter, Facilities Management Director. Uh Commissioner Mariano, I think you had questions related to C twenty?

32:31Yeah, Mr. Chairman Mariano I'm gonna say I wanted to see this happen. I actually encouraged staff to try to go work with uh the purchase of this. I think it's a a a good idea. Um However, You know, in in buying real estate and doing real estate transactions, y it's either a good deal or it's a bad deal. as a friend of mine used to say it's either goodbye or goodbye. Um When I look at there's an appraisal done on the property that we're going to buy. But we didn't take the time or energy to go get the appraisal on the property we're going to trade

33:02out, the old fire station. Um It concerned me. When I look at the property we're the transaction is going to pay us we're going to pay more money for the property. Uh even though our property sits right on the main strip of cross bayou. uh which I think is a higher value property. Um I think it's something we need to go take a closer look at and negotiate on. Um if my enthusiasm just seemed to make this where staff feel kind of felt pressured or gave the owner strength to to go negotiate harder, I

33:32don't want to see the county affected by that. Uh and again, just wanting to get this to happen is a good thing. But when I look at um Uh no appraisal done. The fact that ours has frontage If we have bond issues, that may be another discussion how we set this thing up to put ourselves under that type of pressure. Uh something we need to lock look and talk about. But I don't think it is ready to go right now. I would rather have staff take a couple of weeks, bring it back, and let's let's discuss it after an appraisal is done, uh, and when we can get a full discussion about what alternatives

34:02are there, if there are any out there, which I I am sure along 19 quarter we can find some other alternatives. The excuse of having a light there. Uh if you look at town and country villas, we bought fifty-one properties for habitat for humanity up there. We bought them at very reasonable prices, right across the street. Uh if we can put a section of properties together there, it might even be a lot cheaper than going this way here. Uh so just because I don't think we've explored this the best way possible, I think sometimes you get stuck in a track where you think you've got to go this gotta go go this way. You don't give

34:32yourselves the option to negotiate, and I think we can negotiate a much better deal. So I'd like to continue this two weeks.

34:38I have a motion to continue this item.

34:43Um

34:44Do

34:44you want to

34:45respond before I yeah. Yeah. Um so we have uh we've been working on looking for properties in this area. We also have uh for at least the last eighteen months. Uh we've looked at several options. We've worked with fire rescue. This is the the option that is Ideally suited for fire rescue in their service area. And that that's one of the key drivers behind this. The although the appraisal was nine hundred and thirty thousand

35:15uh Like The the sale is nine hundred and ninety seven eight hundred. But we're gonna realize a savings of two hundred and fifty thousand dollars by not having to install. Let me let me stop you there for that argument, if I could. Sure.

35:29To give that argument is saying that there's no other properties with a stoplight to any road we can go by. It's a false argument.

35:36It it's it's not a stoplight, sir. It's an emergency signal. Um and it it's an emergency signal on US nineteen. which is a little harder to get because of F dot.

35:46So if there is a lot if we bought My point was if we buy other property to the side, even in country villas, which we bought a whole bunch of properties, the County bought fifty one properties with habitat fumanity for the tune to five hundred thousand fifty-one properties in there. There's more properties we can go buy in there. that piece of property all the way down there could access the same light. It's a false argument.

36:08I appreciate that sir. We we have looked at several options. Um we can come back and we can have a conversation about those. But uh based on the options that we've looked at. the negotiations that we've conducted, we feel that this is in our client who which is which is fire rescue. Uh this is the right location for them to be located.

36:30Mr. Chairman Mariano. So let me ask the question. Why didn't we get an appraisal on our property to negotiate with? I mean you get a list listing on there that The value of the building is worth forty two thousand dollars. That's what you have in your agenda memo. Why didn't we get an appraisal on our building to at least be able to say, look, our property should be worth this much money, let's negotiate that? We didn't even do that. Tell me why. Can

36:53I I don't have that answer, but I do have the uh real property agent who uh worked this deal on l on uh WebEx and if we'd like to bring her in I can get that answer per

37:02I w I think it's more important to get an official appraisal like we did why would we do one appraisal on one property and not on our property. That doesn't make sense to me. I mean sh let's go compare apples to apples, but you're not giving me apples to look at.

37:15Okay.

37:16So make it fair. Let us make a decision professionally with good judgment on whether we should be doing this deal or not. Because if that property comes back at $400,000, would that change your mind about buying the property?

37:27Would you like to hear the answer to that? Because it's possible that it may have been part of the calculus. Let's go. And who is and who was that again? Heather

37:33Wolf. Okay, let's bring Heather on, but and while Heather's coming on, let me go ahead and have Commissioner Weight ask a question because I don't see her on just yet.

37:39I just had a question. Now they're already we're already there existing right next door. Are we gonna Correct? Yes, sir. So we're just gonna knock that down and and use our property as well and and also buy Mr. Gillis. No?

37:52No, sir. Okay. The part part of this deal is that we will be transferring the existing property to Mr. Gillis after the new fire station is constructed and that we have time to to do that and that's part of this agreement.

38:07So for the nine hundred and something thousand we're also going to give him property.

38:10We're we're also giving the transfer of property.

38:14Yeah,

38:14I

38:14got a question.

38:15Uh Commissioner Oakley has a question.

38:17If we're gonna trade our property and we're not getting an appraisal for it. Why why would we pay someone nine hundred something thousand dollars and just figure out cost of our property against it? It doesn't make sense. Our property might be worth five hundred thousand, so the difference would be a lot less. Understood, sir.

38:38Heather, can you answer any of those questions related to the existing property?

38:45I can certainly I'd control it. Heather Wolf, real property and planning. Uh We've been negotiating and working on looking for fire station land for about two years in this area. And this is Probably the most suitable site that we've been able to find. Just if I may give you a little bit of back history, we've attempted to. Go across the street, look at some other parcels and do an assemblage parcel,

39:16and that didn't work. Um and I know this isn't the answer that Commissioner Mariano Wants to hear, but the exchange parcel has been a term that the seller has been requesting as part of this transaction since May of 2019. And the value of the old fire station is less than the cost of the equipment and the emergency signal at US19 and cross Bayou. So we

39:46really felt that this was in terms the best spot for fire rescue for the accessibility and it suited all of their their needs.

39:59Commissioner Weightman? I mean that just tells me right there we're paying two hundred fifty grand too much for the property. Nothing else. And like you said, Commissioner Oakley, we are paying 50 grand over appraised value for this property and giving up our property, which could be worth as much as $250,000 or $400,000 or $500,000. I mean it's frontage on cross by you.

40:17I'd like to see us uh get an appraised value on our property and if we're gonna make that swap then let's make it Uh this is not even our money. This this money belongs to the citizens of Pasco County. And we need to be very frugal about how we use it. And I think without an appraisal on ourselves. With appraisal on ours that say our property is only two hundred thousand. then I'd be willing to pay the difference and give them our property, but Not just hand it over at a small price

40:48without even getting an appraisal.

40:50So I think the motion on the floor from a Commissioner Oriana was to to continue this and get an appraisal on the property. Is that what I'm hearing? That's a motion. That's a motion. I have a second. I have a motion by Commissioner Mariano to continue this item. to a time uncertain. Um Because we don't know how long it's gonna take for the appraisal. I have a second by Commissioner Oakley. Uh Madam Clerk, please call the roll.

41:11District One, Commissioner Oakley.

41:13Aye.

41:13District three, Commissioner Starkey. I District 4, Commissioner Weightman. District 5, Commissioner Mariano.

41:21Aye.

41:22District 2, Chairman More.

41:23Aye. Motion passes 5 0. This item will be continued. Thank you, sir. Thank you, sir.

41:29I think that's it, right? No no no I'm sorry. Whew