The Daytona Beach News-Journal reports that residents will be voting on a bond issue to purchase 4 beachfront acres for $5.5M to create a beachfront park. The Ormond Beach City Commission voted Tuesday to enter into a contract with the Trust for Public Land to purchase 839 S. Atlantic Ave. - 600 feet along the beach, subject to approval by the electorate on a referendum ballot Aug. 24.
The article continues, "The county agreed in May to share in the cost of the purchase, up to $3.5 million, including a development plan, estimated to cost about $1 million. 'This is the time to take advantage of low prices,' said Bob Guido of Tallahassee, senior project manager of the trust, which has helped conserve more than 2.2M acres nationwide.
"The vacant property, formerly site of a Days Inn, across the street from franchise restaurants, has three appraisals: $6 million by Hamilton & Jacobs of Port Orange; $5.82 million by Cooksey & Associates of Ormond Beach; and $5.7 million by Pomeroy Appraisal Associates of Edgewater. 'The old hotel on the property has been removed. There's sandy vegetation on the property and a sea wall that goes across the front of the property,' Guido said. 'It's a flat piece of ground. Against the sea wall there appears to be a buildup of dunes. There could be an opportunity for dune restoration on the property.'
"More than 60% of a cross-section of 300 voters in a public opinion poll sponsored by the Trust supported buying land for a first beachfront park."
If you have an opinion, you will be able to express it with your vote in the August election.
Sherry Armstrong, Realtor
386-679-3191
yourkeytothebeach@gmail.com
www.sherryarmstrong.com
www.daytonabeachscene.com
http://activerain.com/blogs/sherrya
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