Okaloosa County BOCC — January 20, 2015 — Seminole Community Center Asset Acceptance Consideration — agenda request

BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: January 20, 2015 TO: Honorable Chairman and Members of the Board FROM: Jason Autrey SUBJECT: Seminole Community Center Asset Acceptance Consideration DEPARTMENT: Public Works BCC DISTRICT: STATEMENT OF ISSUE: Staff request Board direction on the consideration of the transferring of the Seminole Community Center property and remaining assets to Okaloosa County. BACKGROUND: The Seminole Community Center, Inc. (hereinafter “SCC”) is a not for profit corporation that owns and operates the Seminole Community Center. This non-profit organization is in the process of dissolving and winding up its business affairs and corporate existence. The Articles of Incorporation related to the Distribution of Assets upon dissolution of SCC indicate that SCC’s remaining property and assets are to be turned over to Okaloosa County, subject to acceptance by Okaloosa County. The SCC Board met on October 9, 2014 and voted to move forward with dissolution of the not for profit corporation. They have also been in contact with Okaloosa County Staff, primarily, Ms. Amy Allen of the Parks Department, regarding the County’s interest and willingness to accept the remaining property and assets of the corporation upon dissolution. Attached is an outline of SCC’s real and personal property that would be transferred to the ownership of Okaloosa County, upon approval of the proposed transfer by the Board of County Commissioners: Seminole Community Center--List of Assets SCC’s real property consists of approximately 1.6 acres (more or less) with a 2,440 sq ft concrete block building constructed in 1981with a shingled roof of unknown age. This building has central heat and air (replaced in 2007) and contains a small kitchen, 2 non-handicap accessible bathrooms, 2 storage rooms and 2 large meeting rooms. The Okaloosa County Property Appraiser’s 2014 Certified Values of the land and buildings were: Building value - $73,569 Extra feature value - $2,203 Land value - $93,267 Total value - $169,039 As of the Financial Report for October 2014, SCC reported a total of $86,852.00 in liquid cash assets. County Staff visited the property and buildings to be transferred and believe that repairs and improvements, as reflected on the attached spreadsheet, would be needed if the County takes ownership in order to make the property and building suitable for use and operation by the County for public park purposes. Cash funds to be transferred to the County appear to be sufficient to pay for the immediate improvements and repairs that have been deemed necessary. The attached spreadsheet also reflects County Staff’s initial estimate of the approximate yearly operating and maintenance expenses for the property, as well as potential rental revenue generation. OPTIONS: Staff seeks Board direction concerning the proposed acceptance of the Seminole Community Center and its assets to Okaloosa County. Approve/disapprove moving forward with the acceptance of the Seminole Community Center and its assets. RECOMMENDATIONS: Based upon the foregoing, staff recommends that the Board of County Commissioners accept the offer of transfer to the County of the SCC assets and property upon its dissolution and that the Board further direct Staff and the County Attorney to move forward with the preparation of any and all inspections, reports, agreements and legal documents necessary to accomplish the proposed transfer of SCC’s remaining property and assets to Okaloosa County, Florida. RECOMMENDED BY: APPROVED BY: John Hofstad, County Administrator