Release of Airport Property: Melbourne International Airport, Melbourne, FL

The FAA hereby provides notice of intent to release certain airport properties totaling 22.15 acres at the Melbourne International Airport, Melbourne, Florida from the conditions, reservations, and restrictions as contained in a Quitclaim Deed agreement between the FAA and the City of Melbourne, dated August 6, 1947. The release of property will allow the Melbourne Airport Authority to dispose of the property for other than aeronautical purposes. The property is located on the north side of the airfield, along the west side of Neiman Avenue and south of Laurie Street in Brevard County, Florida. The parcel is currently designated as non-aeronautical use. The property will be released of its federal obligations to enhance the storm water management of the surrounding community, a benefit that cannot be quantified. The property will be swapped for another City-owned parcel. The 22.15-acre parcel to be acquired is located west of Apollo Boulevard and North of General Aviation Drive in Brevard County, Florida. This parcel is adjacent to airport property and is currently vacant. The fair market value of the Neiman Avenue/Laurie Street parcel has been determined by appraisal to be $53,000. The fair market value of the Apollo Boulevard/General Aviation Way parcel has been determined by appraisal to be $450,000. Documents reflecting the Sponsor's request are available, by appointment only, for inspection at the Melbourne International Airport and the FAA Airports District Office.