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County council authorizes payment to Hilton Head after second appraisal for Mitchellville property

2287483 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Beaufort County Council voted unanimously Feb. 10 to accept a second appraisal for the 26.46-acre Mitchellville property and to authorize payment from green-space sales-tax funds to reimburse the Town of Hilton Head Island for the appraised value, closing a recent valuation dispute.

Beaufort County Council on Feb. 10 accepted a 02/04/2025 appraisal of the 26.46-acre Mitchellville property and authorized the county administrator to provide payment from the county’s green-space sales-tax fund to the Town of Hilton Head Island, council records show.

The county packet included an earlier July 2024 appraisal by Charleston Appraisal Company that valued the parcel at $9,887,000. A subsequent appraisal by Valbridge Property Advisors, completed Dec. 16, 2024 (reported during the Feb. 10 council discussion), concluded a value of $10,880,000.

Why it matters: The council’s action resolves a recent difference between the town’s purchase price and the county’s initial appraisal by accepting the Valbridge appraisal and making the county contribution that the town had requested.

What council did

- Council discussed the appraisal reports during a public portion of the meeting. County staff noted the request for a second appraisal and the valuations produced by the two firms.

- Council authorized the county administrator to pay the Town of Hilton Head Island the appraised value listed in the Valbridge report from the green-space sales-tax funds, pursuant to the town’s application and the green-space committee recommendation.

- Council discussion included a brief restatement from staff that the second appraisal had been requested because the town’s offered purchase price exceeded the initial appraisal, and a green-space committee recommendation to make the county contribution.

Financial details and vote

- Acreage: 26.46 acres (as recorded in the staff packet).

- Appraised values in the meeting record: $9,887,000 (Charleston Appraisal Company, 07/20/2024) and $10,880,000 (Valbridge Property Advisors, 12/16/2024). The difference between the two appraisals is $993,000; council agreed to the Valbridge amount.

- Action: Council voted to accept the Valbridge appraisal and authorize payment from the green-space sales-tax fund. The motion was seconded and carried unanimously.

Meeting context

The item had been considered by the Green Space Committee and brought to the full council after the additional appraisal was completed. Councilors noted disagreement earlier about whether to seek a third appraisal, and some members said they had opposed the request for another appraisal but accepted the result to resolve the matter.

Ending

Council’s vote directs staff to complete the payment process consistent with the Valbridge appraisal and the green-space committee’s recommendation. The motion passed unanimously during the Feb. 10 regular meeting.