DATE: Tuesday, July 14, 2009
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Hillsborough County Public Schools' staff has been informed of an opportunity to purchase two lots located at 302 and 304 South Bungalow Park Avenue, Tampa. These lots are situated at the southeast corner of West Platt Street and South Bungalow Park Avenue across from Mitchell Elementary School. Staff had two independent appraisals performed and the purchase price of $575,000 is below the average of the value established for these properties.
Providing adequate parking for the Mitchell Elementary School campus has been an ongoing challenge. With the proposed acquisition, immediate and future parking needs could be accommodated.
ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)
FINANCIAL IMPACT (Budgeted: Yes)
Funding in the amount of $575,000 and closing costs for the acquisition of 302 and 304 South Bungalow Park Avenue adjacent to Mitchell Elementary School will be derived from Local Millage.
SUBMITTED BY: Denise T. Eliason, Property Specialist
Lorraine Duffy Suarez
General Manager, Growth Management & Planning
Cathy L. Valdes
Chief Facilities Officer
|Hillsborough County Public Schools (Florida) * Mtg.#20090714_356 * Section A Item# 6.04|