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Item H3a LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: December 17, 2003 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval to purchase property in Conservation and Natural Areas - Tropic Island Ranchettes subdivision Item Background: This purchase is proposed to protect natural resources and property rights on lands identified for public acquisition on the County's Conservation and Natural Areas map. The subject property is Lot 10 of the unrecorded plat of Tropic Island Ranchettes, located near the rear of the flea market site on Big Pine Key. The parcel is zoned Suburban Commercial (SC) and consists of 1.02 acres of primarily pinel and vegetation with some disturbed areas. Following an initial treatment for invasive exotic vegetation, the land stewardship needs for this property are anticipated to be low. 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 November 24, 2003 the Advisory Committee voted 4/0 to approve purchasing the property. Previous Governing Board Action: On August 20, 2003, sitting as the BOCC, the Board adopted the Conservation and Natural Areas Map. Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ 40,832.25 Budgeted: Yes X No Cost to Land Authority: $ 40,832.25 Source of Funds: Land Authority (Tourist Impact Tax and State Park Surcharge) Approved By: Attorney ~ County Land Steward ~. Executive Director Approval: Mlh~h Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #3a Property Purchase Price Tropic Island Ranchettes. Unplatted Lot 10 $35,000.00 (Duke) PURCHASE CONTRACTS 12/17/03 Envr. Audit, Survey or Clean-up $5,000.00 Title Insurance $326.25 Allorney Fee $500,00 Recording Fee $6.00 Acquisition Total $40,832,25 c{ ~~ oeo ...J u. w P~~ z:::,.:: o z c{ o c: o ...J u. u. o (/) I:: ~ t; w Q~ 0:::,.:: ::) o ~." ~ 1 I I -~-- I I I I __l ~22 ~ 2 , ~ a 4 1 . @ . ~ 7 g Il!: I I . ~ @ 10 ~ c::l :i!: ~1 j! 12 13 14 U.S. IMO. 'i OVIl!1iI8IEA8 0lI1GHW,\Y 8111 000.11 4 a S I ___________-1...___ . 1----------, I " I , I , I I I I I I ,. 17 I I . . I I I i I I ~l r-lH _ B' _ U _' _ B _' _l ... 1-----------------1 I I I I I I 27 21 2. 7 14 11 I I 2. , I ~~'r\\~ I Wi~$ I \~~,~\9) I . '\\~@~\~ I 1a ,. I I , I , I I I I I . 12 ! I U I 10 30 Mile Marker Property BIG PINE KEY 22 ..4a21, ,.202,222324 Island Big Pine Key 2~i 2a 2Z 21 I=- C@ I I I ! 2 I 3 I I _ J _ J_ _ N~-- 2' 27 21 Tropic Island Ranchettes subdivision IIGHWAV~R 51>' t~ " .11- '. .. ~ " "" .~"..