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Item G2 H/3 BOARD OF COUNTY COMMISSIONERS C ounty of M onroe Mayor David Rice, District 4 Mayor Pro Tem Craig Cates, District 1 The Florida Keys Michelle Coldiron, District 2 Vacant, District 3 Holly Merrill Raschein, District 5 County Commission Meeting April 20, 2022 Agenda Item Number: G.2 Agenda Item Summary #10471 BULK ITEM: Yes DEPARTMENT: County Land Acquisition and Land Management TIME APPROXIMATE: STAFF CONTACT: Christine Hurley (305) 295-5180 9:15 A.M. AGENDA ITEM WORDING: Approval of a contract to purchase a less than fee interest in Block 2, Lots 1, 2, and Tract A, Dove Creek Estates for density reduction purposes. ITEM BACKGROUND: This acquisition is proposed pursuant to BOCC Resolution 063-2020 (the Less Than Fee Acquisition Program) to protect property rights, to reduce density, and to reduce the . The subject property is a three-parcel site totaling 25,870 square feet developed with one dwelling unit. Tract A is developed with a single-family home. Lots 1 and 2 have accessory structures consisting of a shed, a fence, and a fenced enclosure with no roof. The less than fee interest being purchased by the County will combine the three-parcel site into a single Unified Parcel and will: !Limit the total density of the Unified Parcel to one residential dwelling unit !Retire all other density and prohibit the transfer of density off site !Prohibit new accessory structures providing habitat space !Not prohibit accessory uses and non-habitable accessory structures !Not prohibit additions to the lawfully established existing residential unit The Planning and Environmental Resources Department has determined the site has the potential to be developed with two additional dwelling units. The purchase price for the less than fee interest is 99,999. Since there is no separate market land value listed for Lots 1 $100,212 ($14.00/sf) current market land value listed for a comparable lot in the same block (Block 2, Lot 3). The estimated closing costs for this transaction will be approximately $1,250. PREVIOUS RELEVANT BOCC ACTION: The Board established and modified the Less Than Fee program though the adoption of Resolutions 175-2018, 438-2018, and 063-2020. CONTRACT/AGREEMENT CHANGES: Qbdlfu!Qh/!2543 H/3 N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: MCPA Data - Subject Property MCPA Aerial - Subject Property MCPA Data - Comparable Property Seller Executed Agreement FINANCIAL IMPACT: Effective Date: April 20, 2022 Expiration Date: None Total Dollar Value of Contract: $99,999.00 plus estimated closing costs of $1,250.00 Total Cost to County: $101,249.00 Current Year Portion: $101,249.00 Budgeted: Yes Source of Funds: 316 Land Acquisition Fund. CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: No If yes, amount: Grant: No County Match: N/A Insurance Required: N/A Additional Details: $99,999.00 plus closing costs estimated to be approximately $1,250.00 None 04/20/22 NEW COST CENTER ADDED $101,249.00 REVIEWED BY: Mark Rosch Completed 04/04/2022 5:33 PM Christine Limbert Skipped 04/04/2022 6:06 PM Christine Hurley Completed 04/05/2022 9:04 AM Bob Shillinger Completed 04/05/2022 9:41 AM Bob Shillinger Completed 04/05/2022 9:42 AM Purchasing Completed 04/05/2022 9:46 AM Budget and Finance Completed 04/05/2022 10:18 AM Risk Management Completed 04/05/2022 10:26 AM Lindsey Ballard Completed 04/05/2022 12:26 PM Board of County Commissioners Pending 04/20/2022 9:00 AM Qbdlfu!Qh/!2544 H/3/b Qbdlfu!Qh/!2545 H/3/b Buubdinfou;!NDQB!Ebub!.!Tvckfdu!Qspqfsuz!!)Cmpdl!3-!Mput!2-!3!boe!Usbdu!B-!Epwf!Dsffl!Ftubuft!)Hspwf*!Mftt!Uibo!Gff* Qbdlfu!Qh/!2546 H/3/b Buubdinfou;!NDQB!Ebub!.!Tvckfdu!Qspqfsuz!!)Cmpdl!3-!Mput!2-!3!boe!Usbdu!B-!Epwf!Dsffl!Ftubuft!)Hspwf*!Mftt!Uibo!Gff* Qbdlfu!Qh/!2547 H/3/b Qbdlfu!Qh/!2548 Buubdinfou;!NDQB!Bfsjbm!.!Tvckfdu!Qspqfsuz!!)Cmpdl!3-!Mput!2-!3!boe!Usbdu!B-!Epwf!Dsffl!Ftubuft!)Hspwf* H/3/c Qbdlfu!Qh/!2549 H/3/d Qbdlfu!Qh/!254: H/3/d Qbdlfu!Qh/!2551