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G. Land Authority LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: June 20, 2007 Division: Land Authoritv Bulk Item: Yes No...x.. Staff Contact / Phone #: Mark Rosch /295-5180 Agenda Item Wording: Approval of minutes for the May 16, 2007 meeting. Item Background: N/A Advisory Committee Action: N/A Previous Governing Board Action: N/A Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ Budgeted: Yes _ No Cost to Land Authority: $ Source of Funds: Approved By: Attorney_ County Land Steward _' Documentation: Included: ~ To Follow: Not Required: Disposition: Agenda Item _ MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY GOVERNING BOARD May 16, 2007 Meeting Minutes The Governing Board of the Monroe County Comprehensive Plan Land Authority held a regular meeting on Wednesday, May 16, 2007 at the Key Largo Library located at 101485 Overseas Highway, Key Largo, Florida. Chairman Sonny McCoy called the meeting to order at 10:09 AM. Present and answering roll call, in addition to Chairman McCoy, were Mayor Mario Di Gennaro, Commissioner Sylvia Murphy, and Commissioner George Neugent. Commissioner Dixie Spehar was absent. Also in attendance were Executive Director Mark Rosch, Office Manager Kimberly Nystrom, Counsel Larry Erskine, and members of the press and public. The first item on the agenda was approval of minutes for the April 18, 2007 meeting. A motion was made by Commissioner Neugent and seconded by Mayor Di Gennaro to approve the minutes as submitted. There being no objections, the motion carried (4/0). The next item was approval to purchase Block 39, Lot 13, Pine Crest subdivision on Big Pine Key for conservation. The total cost of the proposed transaction was $36,123.75. A motion was made by Mayor Di Gennaro and seconded by Commissioner Neugent to approve the item. There being no objections, the motion carried (4/0). Mr. Rosch then briefed the Board regarding a grant application submitted to the Florida Communities Trust for the 3-acre Ettinger conservation property on Key Largo. There being no further business, the meeting was adjourned at 10: 11 AM. Minutes prepared by: Mark J. Rosch Executive Director Approved by the Board on: LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: June 20. 2007 Division: Land Authoritv Bulk Item: Yes No...x.. Contact / Phone #: Mark Rosch 1295-5180 Agenda Item Wording: Approval of a contract and lease addendum for the purchase of Tract 4A and part of Tract 5A, Amended Plat of Mandalay for conservation. Item Background: This acquisition is proposed to protect natural resources. The subject properties consist of three parcels totaling 1.42 acres in the US 1 median near MM 97 on Key Largo. The properties are zoned Suburban Commercial (SC) and designated Tier 3A Special Protection Area on the County's proposed Tier Maps. The vegetation is tropical hardwood hammock. The following items are included as supporting documentation: a spreadsheet indicating the purchase price and estimated closing costs; property maps; the purchase agreement; and the lease addendum for the removal of the property's billboard. Advisory Committee Action: On May 23,2007 the Committee voted 5/0 to approve this purchase. Previous Governing Board Action: None. Contract/Agreement Changes: NIA Staff Recommendation: Approval Total Cost: $368.318.50 Budgeted: Yes~ No_. Cost to Land Authority: $368.318.50 Source of Funds: Land Authoritv (Tourist Impact Tax and State Park Surcharge) Approved By: Attorney ~ County Land Steward X. Documentation: Included: ~ To Follow: Not Required: Disposition: Agenda Item _ Property Tract 4A and Two Parts of Tract 5A, Amended Plat of Mandalay Subdivision (Pugliese) PURCHASE CONTRACTS 06/20/07 Purchase Envr. Audit, Survey Title Attorney Recording Total Price or Clean-up Insurance Fee Fee Costs $360,000.00 $5,800.00 $2,000.00 $500.00 $18.50 $368,318.50 ?7 c? ~ AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this and between day of , 2007, is by Anthony V. Pugliese, III hereinafter style the Seller(s), for themselves, their heirs, executors, administrators, successors and assigns, and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (hereinafter, "Land Authority") acting by and through the Executive Director of the LAND AUTHORITY. WITNESSETH: 1. In consideration of Ten Dollars ($10.00) in hand, paid by the LAND AUTHORITY, the receipt of which is hereby acknowledged, the Seller(s) agree to sell to the LAND AUTHORITY certain lands upon the terms and conditions hereinafter set forth, and for the price of $360,000.00 for all of the lands and other interests, which lands shall include all tenements, hereditaments, together with all water and other rights, easements, appurtenances, and any and all of the Seller's rights in or arising by reason of ownership thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida, more particularly described as follows; to-wit: Tract 4A and two parcels within Tract 5A, all in Mandalay subdivision (PB 2-25), more particularly described in Exhibit A RE# 554930-000000, 554940-000000, and 554940-000200 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the LAND AUTHORITY the fee simple title together with legal and practical access thereto clear, free and unencumbered, except subject to the following easements or reservations: Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and roads, telephone, telegraph, power transmission lines and public utilities. The LAND AUTHORITY, at the LAND AUTHORITY'S expense, within the time allowed to deliver evidence of title and to examine same, may have the real property surveyed and certified by a registered Florida surveyor. If the survey discloses encroachments on the real property or that improvements located thereon encroach on setback lines, easements, lands of others, or violate any restrictions, contract covenants, or applicable governmental regulations, the same shall constitute a title defect. Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances, exceptions or qualification set forth herein. Marketable title shall be determined according to applicable title standards adopted by authority of the Florida Bar and in accordance with law. The LAND AUTHORITY shall have forty-five (45) days from the effective date of this agreement in which to examine title. If title is found defective, the LAND AUTHORITY shall, within this specified time period, notify Seller(s) in writing specifying defect(s). If the defect(s) render title unmarketable the Seller(s) will have one hundred twenty (120) days from receipt of notice within which to remove the defect(s), failing which the LAND AUTHORITY shall have the option of either accepting the title as it then is or rescinding the contract herein; thereupon the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. The Seller(s) will, if title is found unmarketable, use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits. 1 3. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or title to said lands may be diminished or encumbered. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the LAND AUTHORITY by reasons of the unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the Seller(s); and that, in the event any such loss or damage occurs, the LAND AUTHORITY may refuse, without liability, to accept conveyance of said lands, or it may elect to accept conveyance upon an equitable adjustment of the purchase price. 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the LAND AUTHORITY shall have at all proper times the unrestricted right and privilege to enter upon said lands for all proper and lawful purposes, including examination of said lands and the resources upon them. The Seller(s) hereby waive their rights to any and all claims against the LAND AUTHORITY or Monroe County associated with, or arising from ownership of, said lands and this waiver shall survive closing. 5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the LAND AUTHORITY a good and sufficient deed of warranty conveying to the LAND AUTHORITY a safe title to the said lands of such character as to be satisfactory to the legal counsel of the LAND AUTHORITY and said deed shall provide that the use, occupation and operation of the rights-of- way, easements and reservations retained therein, shall be subordinate to and subject to such rules and regulations as may be prescribed by the LAND AUTHORITY governing the use, occupation, protection and administration of lands. 6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and other interests at the price of $360,000.00. The LAND AUTHORITY further agrees that, after the preparation, execution, delivery and recordation of the deed, and after the legal counsel of the LAND AUTHORITY shall have approved the title thus vested in the LAND AUTHORITY, it will cause to be paid to the Seller(s) the purchase price by a check drawn on the account of the LAND AUTHORITY. The LAND AUTHORITY shall pay the following expenses associated with the conveyance of the property: deed recording fees, settlement fees, abstract fees, title examination fees, the Buyer's attorney's fees, and title insurance, as well as the prorata share of prepaid real property taxes allocable to the period subsequent to the vesting of title in the LAND AUTHORITY, or the effective date of possession of such real property by the same, whichever is earlier. The Seller(s) shall pay the expenses of documentary stamps to be affixed to the deed and the removal of trash, debris, and structures from the property, if any. Full possession of the premises shall pass to the LAND AUTHORITY as of the date payment is made to the Seller(s) subject only to the reservations stated in Section 2 above. 7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property herein contracted to be sold, satisfactory to the legal counsel of the LAND AUTHORITY will be obtained by the LAND AUTHORITY at its expense. The Seller(s) expressly agree herein to furnish to the LAND AUTHORITY any documents in Seller(s)'s possession establishing evidence of title including, but not limited to, abstracts, title commitments, title policies and opinions of title. 8. It is mutually understood and agreed that the LAND AUTHORITY may assign this contract. 9. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at the date title vests of record in the LAND AUTHORITY, whether or not such taxes and assessments are then due and payable. 10. It is mutually understood and agreed that notice of acceptance of this agreement shall be given to the Seller(s) by mail addressed to the Seller(s) at the following address: 2 c/o Mr. Mitin Patel 101 Pugliese's Way Suite 200 Oelray Beach, FL 33444 and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without sending a separate notice to each, except as such obligation may be affected by the provisions of paragraph 6 hereof. 11. The property shall be delivered at closing free of any tenant or occupancy whatsoever. 12. The effective date of this agreement shall be that date when the last one of the Seller(s) and the LAND AUTHORITY has signed this agreement. 13. The LAND AUTHORITY shall have forty-five (45) days from the effective date of this agreement in which to conduct an environmental site assessment to determine the existence and extent, if any, of any hazardous materials on the property. For the purposes of this agreement, "hazardous materials" shall mean any hazardous or toxic substance, material or waste of any kind or any other substance which is regulated by any environmental law. If the environmental site assessment identifies the presence of hazardous materials on the property, the LAND AUTHORITY shall, within this specified time period, notify Seller(s) in writing of the findings. The Seller(s) will then have one hundred twenty (120) days from receipt of notice within which to pursue, at Seller(s)' sole cost and expense, any assessment, clean-up, and monitoring of the Property necessary to bring the Property into full compliance with any and all applicable federal, state or local laws, failing which the LAND AUTHORITY shall have the option of either accepting the property as it then is or rescinding the contract herein; thereupon the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. [The remainder of this page is blank.] 3 14. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until May 22, 2007 to sign and return this contract to the LAND AUTHORITY. Notwithstanding any provision of this Agreement to the contrary, the closing of this transaction is contingent upon approval by the LAND AUTHORITY Governing Board, failing which the LAND AUTHORITY and the Seller(s) shall release one another of all further obligations under this Agreement. 15. Subject to the provisions of Paragraphs 2 and 13, this transaction shall close within 30 days after the conclusion of the 45-day due diligence period. IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND AUTHORITY or its authorized representative, or any other office or agent of the LAND AUTHORITY authorized to purchase said lands, the option and right to enter into this Agreement for Purchase within sixty (60) days from the execution thereof by the Seller(s), and to purchase said lands as herein provided. Seller/ Anthony V. Pugliese, III Signature Date Social Security Number Phone Number The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its EXECUTIVE 01 RECTOR, in accordance with Resolution 09-2004, has executed this agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of ,2007. MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) Mark J. Rosch, Executive Director 4 PILI . 1 1 7 :3 5 6 <& BK'1 6 2 6 PG'2 .3 4. 1 Bzhlbit "A" to Warranty Deed betweea PusU-1tealty, Ltd., u Grantor aud Anthony v. luaU.... m. u GrIDtee PUCWL A I (0100554930-000000) 'lr.at: -t-A, aaaor4:lDg t:o the .1II"~cS 'lat: of xurDALAY, . IUbdivi.ioD iD. ..ct:ion a. Tawa.hi>> .2 Soath, Bang. 3' ...t, Key x,ugo. .....~. Ccnmt:y, Jtlorida. Z'lICIoz:de4 ill pla~ Book 2, at: ..g. 25, of th8 Publi.CI ReCIoX'd. of JIosaxoe Ccnmqr, 1'1or:l.d.a. JlUCBL B I (0100554940-000200) '1h. 100 '1IJorth...~.Z'ly fa.t of '1'Z'act 51., o! the '..aord.d' pl.~ of KI.1mALAY Suhc!i'ri.iOl'l., 1... the fiZ'.t: 500 Jfozot:h...t:erly fe.t: of .aie! TraGt: .it.ua~ecI em the XalaDd of J:q LaZ'ga, nor:Lda, .. r.oordad. in Pl.t Book 2, at Paga 25, of t1ua Public ..aoX'd. at HoDro. Cauat:y, "lo%'i4&, loa.t.eet :I.A Seaticm 6, Town.hip '2 South. RaDSJe 39 ..at. PAllCllL Ct (U'00554940-000000) . 800 Xorthe..terly f.at of Traot B, DRDALA'I 8lJBD%V%8ZOH'.. 1... the firat 700 lfo1:t:he..terly !..t: of 'tztaat SA, a.aUOD 6. Town.hip of 52 SoUtA, Range 39 ..at, accord 1- 1Jg to th. Pl~t th.r.o~ raaozoded izl Plat Book 2.. .age 25. of the Pub1io _ecord. of KOnz:o. Coun~y, 'lorid.~ MONROB CO~~~~.DS o,"ICIAL ADDENDUM TO SIGN LOCATION LEASE AGREEMENT THIS AGREEMENT, dated this _ day of , 2007, is by and between Anthony V. Pugliese III as Lessor and National Advertising Company d/b/a Viacom Outdoor as Lessee. WITNESSETH: WHEREAS, Lessor and Lessee previously entered into that certain Sign Location Lease Agreement #912640 dated November 29, 2005, regarding an outdoor advertising structure located on Key Largo, Florida (hereinafter "Lease") on property described as E/S US-1, at MM 97.4, folio #00554940-000200 and 554940-000000 (hereinafter "subject property"); and WHEREAS, Paragraph 7 of the Lease contains the following provision: "Lessor may not terminate this lease under any right or circumstance if the Property has been taken or is threatened to be taken by eminent domain, or if the Property is conveyed to any entity or it's agent with eminent domain authority"; and WHEREAS, Lessor has agreed to sell the subject property to Monroe County Comprehensive Plan Land Authority, (hereinafter "Land Authority") in a voluntarily negotiated sale; and WHEREAS, Land Authority does not have eminent domain authority. NOW TH EREFORE: For and in consideration of the mutual promises contained herein and other good and valuable consideration, receipt of which is hereby acknowledged, and for the express benefit of Land Authority, Lessor and Lessee agree and Land Authority consents that upon the transfer of title to the subject property from Lessor to Land Authority, the terms of the Lease shall be amended as set forth in this Addendum. 1. The above whereas clauses are true and correct and are incorporated by this reference. 2. Land Authority, as successor-in-interest to Lessor, shall have the right to terminate the Lease at any time after July 1, 2008 upon thirty (30) days written notice to Lessee c/o Mr. Joe Little, Vice President/Real Estate SE, Viacom Outdoor Inc., 6904 Cypress Park Drive, Tampa, FL 33634. 3. In the event Land Authority gives proper notice of its intention to exercise its right to terminate the Lease as set forth in Paragraph 2 hereof, Lessee shall remove the above-ground portion of its outdoor advertising structure within thirty (30) days of the receipt of such notice. 4. In the event Lessee shall fail to remove the above-ground portion of its outdoor advertising structure in accordance with the terms of this Addendum, Land Authority may so remove the above-ground portion of Lessee's outdoor advertising structure without liability to Lessee and charge its actual cost of removal to Lessee which Lessee hereby agrees to pay. 5. The parties hereby acknowledge the rent payable pursuant to the Lease is paid monthly in advance in the amount of $310.64 as of May 2007 and is subject to future CPI increases. 6. Lessee shall and hereby does waive any and all claims, rights, remedies, or causes of action it may have against Lessor, Land Authority, Monroe County, and their respective agencies, Page 1 of 3 subdivisions, employees and agents related to the acquisition of the subject property from Lessor by Land Authority as well as actions Land Authority may take to terminate the Lease pursuant to Paragraph 2 hereof. 7. Lessor, Lessee, and Land Authority agree that the terms of this Addendum shall be contingent on Land Authority acquiring title to the subject property within ninety (90) days of the Addendum's execution by the parties. The terms of the Lease shall remain in full force and effect except as hereby modified by the terms of this Addendum. LESSOR: LESSEE: Viacom Outdoor BY: Joe Little, Vice President of Real Estate SE Anthony V. Pugliese III DATE: DATE: Witnesses as to Lessor: Witnesses as to Lessee: Witness #1 Signature Witness #1 Signature Witness #1 Printed Name Witness #1 Printed Name Witness #2 Signature Witness #2 Signature Witness #2 Printed Name Witness #2 Printed Name I HEREBY CERTIFY that on this day of , 2007, before me, an officer duly qualified to take acknowledgments, personally appeared Anthony V. Pugliese III to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that they executed the same for the purposes therein expressed. Personally known or produced as identification. Notary Public, State of My Commission Expires: I HEREBY CERTIFY that on this day of , 2007, before me, an officer duly qualified to take acknowledgments, personally appeared Joe Little to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that they executed the same for the purposes therein expressed. Personally known or produced as identification. Notary Public, State of My Commission Expires: Page 2 of 3 CONSENT The terms of this Addendum are accepted by the Monroe County Comprehensive Plan Land Authority. The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its CHAIRMAN, has executed this Addendum on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of ,2007. ATTEST: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) Mark J. Rosch, Executive Director Charles "Sonny" McCoy, Chairman Page 3 of 3