§ 106-132. Policies and procedures governing the appraisal of land and easements proposed for purchase.

(a)

All fee simple and easement acquisition purchases for or on behalf of Collier County, or any other entity over which the Board of County Commissioners of Collier County, Florida is the governing Board, must be approved by the Board of County Commissioners in advance of closing.

(b)

The County Manager, or his designee, must submit for Board consideration at least two real estate appraisals in support of any fee simple or easement purchase in excess of $2,500,000. Both of the appraisals shall be prepared by licensed, State-certified, independent real estate appraisers hired to work on the behalf of the County.

(c)

The County Manager, or his designee, shall obtain at least one real estate appraisal in support of any fee simple or easement purchase in excess of $1,000,000.00 which has been prepared by a licensed, State-certified, independent real estate appraiser hired to work on the behalf of the County.

(d)

The County Manager, or his designee, shall obtain at least one real estate appraisal in support of any fee simple or easement purchase of less than $1,000,000.00 which appraisal may be prepared by a licensed, State-certified real estate appraiser who is a salaried employee of the Board of County Commissioners.

(e)

The County Manager, or his designee, is responsible for ensuring that all appraisals prepared for or on behalf of the County have been developed and reported in conformance with the Uniform Standards of Professional Appraisal Practice, latest edition, as adopted by the Appraisal Foundation.

(f)

If the County elects to use exemptions in F.S. § 125.355, then F.S. § 125.355 shall govern and this article will be pre-empted by said statute.

(Ord. No. 2007-28, § 2)