Item H2dLAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: February 20, 2008 Division: Land Authority
Bulk Item: Yes No X Contact / Phone #: Mark Rosch / 295-5180
Agenda Item Wording: Approval to purchase property for conservation — Block 3, Lots 9 and 10,
Ramrod Shores Marina Section subdivision on Ramrod Key.
Item Background: This acquisition is proposed to protect natural resources and protect property
rights.
The subject property consists of two adjoining lots (0.28 acre total) of tropical hardwood hammock on
Dolphin Road on Ramrod Key. The property is zoned Improved Subdivision and designated half Tier 3-
A Special Protection Area and half Tier 3. The owner received a ROGO allocation but is unable to
build because the property is on the FEMA list as endangered species habitat and is therefore ineligible
for federal flood insurance.
The Land Authority's standard purchase contract will be used for this transaction. The agenda packet
spreadsheet lists the legal description, purchase price, and estimated closing costs.
Advisory Committee Action: On January 24, 2008 the Land Authority Advisory Committee voted 4/0
to approve this item.
Previous Governing Board Action: The Board has approved the purchase of other properties in this
subdivision.
Contract/Agreement Changes: None.
Staff Recommendation: Approval.
Total Cost: $71,046.00 Budgeted: Yes X No
Cost to Land Authority: $71,046.00 Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney X County Land Steward X .
Documentation: Included: X To Follow: Not Required:
Disposition: Agenda Item
P ro pe rty
Ramrod Shores
Marina Section
Block 3, Lots 9 and 10
(Hover)
Purchase
Price
$70, 000.00
PURCHASE CONTRACTS
02/20/08
Envr. Audit, Survey
Title
Attorney
Recording
Total
or Clean-up
Insurance
Fee
Fee
Costs
$0.00
$527.50
$500.00
$18.50
$71,046.00