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Item H05 I/6 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: H.5 Agenda Item Summary #10446 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Christine Hurley (305) 295-5180 9:25 A.M. Land Authority AGENDA ITEM WORDING: Approval of a contract to purchase Tier 1 property for conservation Sugarloaf Key Acreage (Parcel ID# 00117420-001000), Sugarloaf Key near mile marker 19. ITEM BACKGROUND: This acquisition is proposed to protect property rights and the natural . The subject property consists of a 16,500 square foot parcel on Loggerhead Lane on the bay side of Sugarloaf Key near mile marker 19. The property attributes are: !Tier designation: Tier 1 Natural Area. !Zoning designation: Improved Subdivision (IS). !Vegetation: Exotics and tropical hardwood hammock. !Sea Level Rise: The Southeast Florida Regional Climate Change Compact sea level rise projection for the period from 2000 to 2070 is 21 to 54 inches. In the event of a 36-inch increase in sea level, estimates provided by the South Florida Water Management District indicate this property will have a 25.1 to 100% probability of being inundated. !Acquisition List qualification: The property qualifies because it is Tier 1. !Florida Forever Boundary: This property is inside the Florida Forever boundary. !Transferrable Development Rights (TDRs): 0 TDRs (this parcel does not meet the definition of a Lot). Qbdlfu!Qh/!2644 I/6 The property owners have agreed to sell the property for the price of $50,000. The estimated closing costs for this transaction are listed in the agenda documentation. The State of Florida Department of Environmental Protection has indicated they are willing to purchase after Land Authority Pre-Acquires. ADVISORY COMMITTEE ACTION: On March 30, 2022 the Committee voted 3/0 to approve purchasing this property for the price of $50,000. PREVIOUS RELEVANT GOVERNING BOARD ACTION: None. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Sugarloaf Key Acreage FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: REVIEWED BY: Mark Rosch Completed 04/01/2022 3:11 PM Christine Hurley Completed 04/02/2022 8:13 AM Lindsey Ballard Completed 04/04/2022 3:22 PM Board of County Commissioners Pending 04/20/2022 9:00 AM Qbdlfu!Qh/!2645 I/6/b Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2646 I/6/b Bfsjbm!Qipuphsbqi!pg!Tvckfdu!Qspqfsuz Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE!11228531.112111* Tvhbsmpbg!Lfz DSBOF!CMWE Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** NBE!CPC!SE Qbdlfu!Qh/!2647 I/6/b Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2648 I/6/b Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2649 I/6/b Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!264: I/6/b Buubdinfou;!Tvhbsmpbg!Lfz!Bdsfbhf!!)Tvhbsmpbg!Lfz!Bdsfbhf!)Qbsdfm!JE$!11228531.112111*-!Tvhbsmpbg!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2651