The URL can be used to link to this page

Item P104 CM ounty of onroe BOARD OF COUNTY COMMISSIONERS Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting April 20, 2016 Agenda Item Number: P.10 Agenda Item Summary #1511 BULK ITEM: DEPARTMENT: No Planning/Environmental Resources TIME APPROXIMATE:STAFF CONTACT: Mayte Santamaria (305) 289-2500 3:00 PM PUBLIC HEARING AGENDA ITEM WORDING: AN ORDINANCE BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS AMENDING THE MONROE COUNTY FUTURE LAND USE MAP FROM RESIDENTIAL CONSERVATION (RC) TO RECREATION (R) AND CONSERVATION (C), FOR PROPERTY DESCRIBED AS A PARCEL OF LAND IN SECTION 24, TOWNSHIP 59 SOUTH, RANGE 40 EAST, KEY LARGO, MONROE COUNTY, FLORIDA, AND ALSO BEING A PORTION OF TRACT A, HARBOR COURSE SOUTH, SECTION ONE, OCEAN REEF PLAT NO. 14 (PLAT BOOK 7, PAGE 9), KEY LARGO, MONROE COUNTY, FLORIDA, HAVING REAL ESTATE NUMBER 00573690.003900, AS PROPOSED BY OCEAN REEF CLUB INC.; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF CONFLICTING PROVISIONS; PROVIDING FOR TRANSMITTAL TO THE STATE LAND PLANNING AGENCY AND THE SECRETARY OF STATE; PROVIDING FOR INCLUSION IN THE MONROE COUNTY COMPREHENSIVE PLAN AND FOR AMENDMENT TO THE FUTURE LAND USE MAP; PROVIDING FOR AN EFFECTIVE DATE. ITEM BACKGROUND: The applicant, Ocean Reef Club, Inc., owns a vacant parcel of land on South Harbor Drive, Harbor Course South Section One in Ocean Reef. The subject property currently has a FLUM designation of Residential Conservation (RC) and a Land Use District (Zoning) designation of Native Area (NA). The applicant is requesting a change to the FLUM designation to Recreation (R) and Conservation (C) in order to use a portion of the parcel as a park, which is not a permitted use within the current FLUM categories. The applicant has also requested a corresponding Zoning map amendment from NA to Parks and Refuge (PR) and Conservation District (CD). The Zoning amendment is also scheduled for a public hearing before the BOCC on April 20, 2016. The proposed FLUM amendment would result in a decrease in residential development potential of 2.4 dwelling units, and a decrease in nonresidential development potential of 13,133 square feet. There would be an increase in transient unit development potential of 3.4 rooms/spaces. Within Ocean Reef Club, Monroe County currently does not permit new transient units beyond those included in the vested rights determination of the Ocean Reef master planned community. 4EGOIX4K 4 On December 9, 2015, the BOCC held a public hearing and adopted Resolution 408-2015, transmitting the proposed Comprehensive Plan FLUM amendment to the State Land Planning Agency. On March 8, 2016, the State issued its Objections, Recommendations and Comments (ORC) Report, which contained no objections or comments regarding the proposed FLUM amendment. The BOCC has 180 days from the date of receipt of the ORC report to adopt the amendment, adopt the amendment with changes or not adopt the amendment. The deadline for adoption is September 4, 2016. PREVIOUS RELEVANT BOCC ACTION : On December 9, 2015, the BOCC held a public hearing and adopted Resolution 408-2015, transmitting to the State Land Planning Agency an ordinance to amend the Conservation (RC) to Recreation (R) and Conservation (C). CONTRACT/AGREEMENT CHANGES: N/A DOCUMENTATION: Ordinance - ORCA Park FLUM_BOCC Adoption Staff Report - ORCA Park FLUM BOCC Adoption FINANCIAL IMPACT: Effective Date: N/A Expiration Date: N/A Total Dollar Value of Contract: N/A Total Cost to County: N/A Current Year Portion: N/A Budgeted:N/A Source of Funds: CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: N/A If yes, amount: N/A Grant:N/A County MatchN/A : Insurance Required:N/A Additional Details: N/A STAFF RECOMMENDATION: Approval 4EGOIX4K 4 REVIEWED BY: Mayte Santamaria Completed 03/31/2016 6:00 PM Steve Williams Completed 04/04/2016 8:42 AM Budget and Finance Skipped 03/29/2016 3:09 PM Maria Slavik Skipped 03/29/2016 3:09 PM Assistant County Administrator Christine Hurley Completed 04/05/2016 10:05 AM Emily Schemper Completed 04/05/2016 11:10 AM Mayte Santamaria Completed 04/05/2016 11:42 AM Kathy Peters Completed 04/06/2016 9:29 AM Board of County Commissioners Pending 04/20/2016 9:00 AM 4EGOIX4K 4E 1 2 3 4 5 MONROE COUNTY, FLORIDA 6 MONROE COUNTY BOARD OF COUNTY COMMISSIONERS 7 ORDINANCE NO. ____ - 2016 8 9 AN ORDINANCE BY THE MONROE COUNTY BOARD OF COUNTY 10 COMMISSIONERS AMENDING THE MONROE COUNTY FUTURE 11 LAND USE MAP FROM RESIDENTIAL CONSERVATION (RC) TO 12 RECREATION (R) AND CONSERVATION (C), FOR PROPERTY 13 DESCRIBED AS A PARCEL OF LAND IN SECTION 24, TOWNSHIP 59 14 SOUTH, RANGE 40 EAST, KEY LARGO, MONROE COUNTY, 15 FLORIDA, AND ALSO BEING A PORTION OF TRACT A, HARBOR 16 COURSE SOUTH, SECTION ONE, OCEAN REEF PLAT NO. 14 (PLAT 17 BOOK 7, PAGE 9), KEY LARGO, MONROE COUNTY, FLORIDA, 18 HAVING REAL ESTATE NUMBER 00573690.003900, AS PROPOSED BY 19 OCEAN REEF CLUB INC.; PROVIDING FOR SEVERABILITY; 20 PROVIDING FOR REPEAL OF CONFLICTING PROVISIONS; 21 PROVIDING FOR TRANSMITTAL TO THE STATE LAND PLANNING 22 AGENCY AND THE SECRETARY OF STATE; PROVIDING FOR 23 INCLUSION IN THE MONROE COUNTY COMPREHENSIVE PLAN 24 AND FOR AMENDMENT TO THE FUTURE LAND USE MAP; 25 PROVIDING FOR AN EFFECTIVE DATE. 26 27 28 WHEREAS 29 , Ocean Reef Club Inc. submitted an application on March 9, 2015, for a 30 Future Land Use Map amendment from Residential Conservation (RC) to Recreation (R) and 31 Conservation (C) for property located on South Harbor Drive, Harbor Course South Section One, 32 Ocean Reef, Key Largo, having real estate number 00573690.003900; and 33 WHEREAS 34 , the Monroe County Development Review Committee considered the 35 proposed amendment at a regularly scheduled meeting held on the 25th day of August, 2015; and 36 th WHEREAS, 37 the Monroe County Planning Commission held a public hearing on the 18 38 day of November, 2015, for review and recommendation on the proposed Future Land Use Map 39 amendment; and 40 WHEREAS 41 , the Monroe County Planning Commission made the following findings of 42 fact and conclusions of law: 43 44 1.The proposed FLUM is not anticipated to adversely impact the community character of 45 the surrounding area; and 46 Ord ____-2016 1 of 3 4EGOIX4K 4E 1 2.The proposed FLUM is not anticipated to adversely impact the Comprehensive Plan 2 adopted Level of Service; and 3 4 3.The proposed amendment is consistent with the Goals, Objectives and Policies of the 5 Monroe County Year 2010 Comprehensive Plan; and 6 7 4.The proposed amendment is consistent with the Principles for Guiding Development for 8 the Florida Keys Area of Critical State Concern, Section 380.0552(7), Florida Statute; 9 and 10 11 5.The proposed amendment is consistent with Part II of Chapter 163, Florida Statute; and 12 WHEREAS 13 , the Monroe County Planning Commission adopted Resolution No. P34-15 14 recommending to the Monroe County Board of County Commissioners approval of the proposed 15 amendment; and 16 th WHEREAS 17 , at a regular meeting held on the 9 day of December, 2015, the Monroe 18 County Board of County Commissioners held a public hearing to consider the transmittal of the 19 proposed amendment, considered the staff report and provided for public comment and public 20 participation in accordance with the requirements of state law and the procedures adopted for 21 public participation in the planning process; and 22 WHEREAS 23 , at the December 9, 2015, public hearing, the BOCC adopted Resolution 24 408-2015 transmitting the amendment to the State Land Planning Agency; and 25 WHEREAS 26 , the State Land Planning Agency reviewed the amendment and issued an 27 Objections, Recommendations and Comments (ORC) report on March 8, 2016; and 28 WHEREAS, 29 the ORC report did not include any objections or comments regarding the 30 proposed map amendment; and 31 WHEREAS, 32 at a regularly scheduled meeting on April 20, 2016, the BOCC held a 33 public hearing to consider adoption of the proposed FLUM amendment; 34 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY 35 COMMISSIONERS OF MONROE COUNTY, FLORIDA: 36 37 Section 1. 38 The Future Land Use Map (FLUM) for the Year 2010 Comprehensive Plan is 39 hereby amended as follows: 40 41 The property described as a parcel of land in Section 24, Township 59 South, 42 Range 40 East, Key Largo, Monroe County, Florida, and also being a portion of 43 Tract A, Harbor Course South, Section One, Ocean Reef Plat No. 14 (Plat Book 44 7, Page 9), Key Largo, Monroe County, Florida, having Real Estate Number 45 00573690.003900 is changed from Residential Conservation (RC) to Recreation Ord ____-2016 2 of 3 4EGOIX4K 4E 1 (R) and Conservation (C), as shown on Exhibit 1, attached hereto and 2 incorporated herein. 3 Section 2.Severability. 4 If any section, subsection, sentence, clause, item, change, or 5 provision of this ordinance is held invalid, the remainder of this ordinance shall 6 not be affected by such validity. 7 Section 3.Repeal of Inconsistent Provisions. 8 All ordinances or parts of ordinances in 9 conflict with this ordinance are hereby repealed to the extent of said conflict. 10 Section 4.Transmittal. 11 This ordinance shall be transmitted by the Director of Planning to 12 the State Land Planning Agency pursuant to Chapter 163 and 380, Florida 13 Statutes. 14 Section 5.Filing and Effective Date. 15 This ordinance shall be filed in the Office of the 16 Secretary of the State of Florida but shall not become effective until a notice is 17 issued by the State Land Planning Agency or Administration Commission finding 18 the amendment in compliance with Chapter 163, Florida Statutes and after any 19 applicable challenges have been resolved. 20 Section 6.Inclusion in the Comprehensive Plan. 21 The Future Land Use Map amendment 22 shall be incorporated in the Future Land Use Map of the Monroe County Year 23 2010 Comprehensive Plan and the text amendment shall be incorporated in the 24 Monroe County Year 2010 Comprehensive Plan. The numbering of the foregoing 25 amendment may be renumbered to conform to the numbering in the Monroe 26 County Year 2010 Comprehensive Plan. 27 PASSED AND ADOPTED 28 by the Board of County Commissioners of Monroe County, 29 Florida, at a regular meeting held on the _____ day of _________, 2016. 30 31 Mayor Heather Carruthers _______ 32 Mayor 4VS8IQ George Neugent _______ 33 Commissioner Danny L. Kolhage _______ 34 Commissioner David Rice _______ 35 Commissioner Sylvia Murphy _______ 36 37 BOARD OF COUNTY COMMISSIONERS 38 OF MONROE COUNTY, FLORIDA 39 40 BY ______________________________ 41 Mayor Heather Carruthers 42 (SEAL) 43 44 ATTEST: AMY HEAVILIN, CLERK 45 46 ____________________________________ 47 DEPUTY CLERK Ord ____-2016 3 of 3 4EGOIX4K 4E Exhibit 1 to Ordinance# -201 C R 00573690-003900 The Monroe County Future Land Use Map is amended as indicated above. ¯ Proposal: Future Land Use change of one parcel of land in Ocean Reef having Real Estate Number 00573690-003900 from Residential Conservation (RC) to Recreation (R) and Conservation (C). 4EGOIX4K 4F MEMORANDUM MCP&ERD ONROE OUNTY LANNING NVIRONMENTAL ESOURCES EPARTMENT ;IWXVMZIXSFIGEVMRKTVSJIWWMSREPERHJEMV To: Monroe County Board of County Commissioners Through: Mayté Santamaria, Senior Director of Planning & Environmental Resources From: Emily Schemper, AICP, Comprehensive Planning Manager Date: March 29, 2016 Subject: REQUEST BY OCEAN REEF CLUB INC. TO AMEND THE FUTURE LAND USE MAP (FLUM) OF THE MONROE COUNTY YEAR 2010 COMPREHENSIVE PLAN FROM RESIDENTIAL CONSERVATION (RC) TO RECREATION (R) AND CONSERVATION (C) FOR A PARCEL OF LAND LOCATED IN OCEAN REEF, KEY LARGO. Meeting: April 20, 2016 I. REQUEST On March 9, 2015, Ocean Reef Club Inc. submitted an application requesting to amend the Future Land Use Map (FLUM) of the Monroe County Year 2010 Comprehensive Plan from Residential Conservation (RC) to Recreation (R) and Conservation (C) for property located on South Harbor Drive, Harbor Course South Section One, Ocean Reef, Key Largo, having real estate number 00573690.003900. Existing FLUM Designation Proposed FLUM Designation File # 2015-047 Page 1 of 10 4EGOIX4K 4F II. BACKGROUND INFORMATION Site Information Location: Ocean Reef, Key Largo Address: South Harbor Drive Description: A portion of Tract A, Harbor Course South, Section One, Ocean Reef Plat No.14 (PB7-9), Key Largo Real Estate Number: 00573690.003900 Owner/Applicant: Ocean Reef Club Inc. Agent: Joel Reed Size of Site: 11.16 acres Land Use District (Zoning): Native Area (NA) FLUM Designation: Residential Conservation (RC) Tier Designation: no tier (Ocean Reef is not subject to the tier system) Flood Zones: AE (EL 8); AE (EL 9) Existing Use: Vacant land Existing Vegetation/Habitat: Hammock, Buttonwood, and Mangrove Community Character of Immediate Vicinity: Adjacent land has FLUM designations of Mixed Use/Commercial (MC) and Residential Medium (RM) to the east, Conservation (C) to the west, Residential Conservation (RC) to the north and Recreation (R) to the south. Adjacent uses include uses offices, a school, and single family residences to the east; vacant land to the west and north; and a golf course to the south. The subject property currently has a FLUM designation of Residential Conservation (RC) and a Land Use District (Zoning) designation of Native Area (NA). The property was within an RU-1 (Single Family Residential) district prior to September 15, 1986 when it was re-designated as NA (the final adoption of the Zoning map was in 1992). FLUM in 1997, the subject parcel was given its current FLUM designation of RC. The subject property is currently undeveloped, and contains hammock in the central and eastern portions of the parcel, and buttonwood and mangroves in the western portion. The applicant is also requesting a corresponding amendment to the Zoning designation for the property from NA to Parks and Refuge (PR) and Conservation District (CD). The subject of this staff report is the proposed FLUM amendment. At its regularly scheduled meeting on August 25, 2015, the Monroe County Development Review Committee (DRC) reviewed and discussed the proposed FLUM amendment and recommended approval. At its regularly scheduled meeting on November 18, 2015, the Monroe County Planning Commission (PC) held a public hearing to review and consider the proposed FLUM amendment, and recommended approval, as memorialized by PC Resolution P34-15 (Exhibit 1). On December 9, 2015, at a regularly scheduled meeting, the Monroe County Board of County Commissioners held a public hearing to consider the proposed FLUM amendment from RC to R and File # 2015-047 Page 2 of 10 4EGOIX4K 4F C. The BOCC transmitted the proposed FLUM amendment to the State Land Planning Agency (the On March 8, 2016, the State issued its Objections, Recommendations and Comments (ORC) Report, which contained no objections or comments regarding the proposed FLUM amendment. The BOCC has 180 days from the date of receipt of the ORC report to adopt the amendment, adopt the amendment with changes or not adopt the amendment. The deadline for adoption is September 4, 2016. III. AMENDMENT REVIEW Maximum Allocated Density and Intensity by Future Land Use Map Designation The table below provides an approximation of the development potential for residential, transient and commercial development. Section 130- density and intensity provisions set out in this section are intended to be applied cumulatively so that no development shall exceed the total density limits of this article. For example, if a development includes both residential and commercial development, the total gross amount of development shall Adopted Development Existing FLUM Type Standards Potential Residential 0-0.25 du 2.8 du Allocated Density/Acre Residential Conservation (RC) Transient 0 rooms/spaces 0 rooms/spaces 11.16 acres Allocated Density/Acre (486,129 sf) Nonresidential 0-0.10 FAR 48,612 sf Maximum Intensity Adopted Development Proposed FLUM Type Standards Potential Residential 0 du 0 du Conservation (C) Allocated Density/Acre Transient 0 rooms/spaces 0 rooms/spaces 9.45 acres Allocated Density/Acre (411,642 sf) Nonresidential 0.05 FAR 20,582 sf Maximum Intensity Residential 0.25 du 0.4 du Recreation (R) Allocated Density/Acre Transient 2 rooms/spaces 3.4 rooms/spaces 1.71 acres Allocated Density/Acre (74,487 sf) Nonresidential 0.20 FAR 14,897 sf Maximum Intensity Net Change in Development Residential: -2.4 dwelling units File # 2015-047 Page 3 of 10 4EGOIX4K 4F Potential Based on FLUM Transient: +3.4 rooms/spaces Nonresidential: -13,133 sf As shown in the table above, the proposed FLUM amendment would result in a decrease in residential development potential of 2.4 dwelling units, and a decrease in nonresidential development potential of 13,133 square feet. There would be an increase in transient unit development potential of 3.4 rooms/spaces. Within Ocean Reef Club, Monroe County currently does not permit new transient units beyond those included in the vested rights determination of the Ocean Reef master planned community. Compliance with Comprehensive Plan Policy 101.4.20 Policy 101.4.20 (discouragement policy) of the Comprehensive Plan was adopted by the Board of County Commissioners (BOCC) on September 21, 2012, with an effective date of November 20, 2012. Private applications which propose increases in allocated density or intensity must comply with the Policy requirements. Based on the above analysis of net change in development potential, and the vested rights determination for the Ocean Reef community, the proposed FLUM amendment does not increase the allocated density or intensity of the site, and therefore is not subject to the mitigation requirements of Policy 101.4.20. The amendment results in a net decrease in potential density of 2.4 dwelling units. Compatibility with the Surrounding Area a.Existing Vegetation/Habitat: Hammock, Buttonwood, Mangrove b.Existing Tier Designation: no tier (Ocean Reef) c.Endangered Species Habitat: Key Largo Woodrat Focus Area and Buffer File # 2015-047 Page 4 of 10 4EGOIX4K 4F Eastern Indigo Snake Focus Area Stock Island Tree Snail Focus Area Key Largo Cotton Mouse Focus Area and Buffer Keys Tree Cactus Focus Area d.Existing Use: Vacant Land e.Community Character of Immediate Vicinity: Adjacent uses include offices, a school, and single family residences to the east; vacant land to the west and north; and a golf course to the south. The proposed change in FLUM designation is consistent with the character of surrounding undeveloped land, reduces density and intensity (decrease in residential development potential of 2.4 dwelling units, and a decrease in nonresidential development potential of 13,133 square feet), and adds additional lands with habitat and resources to the Conservation FLUM. The subject property is located within the Ocean Reef master planned community, and is adjacent to residential development and a school. It is anticipated that the proposed FLUM amendment for the site will not result in an adverse community change to the surrounding area. The applicant is proposing the FLUM amendment to allow the development of a park and a passive recreation trail esidential Conservation FLUM category is mainly for the purpose of very low intensity residential development and does not allow parks as a permitted use. The Recreation FLUM category is intended to provide for activity-based and resource-based recreational facilities. The Conservation FLUM category is intended primarily for the preservation of natural and historic resources and compatible passive recreational uses. The proposed change would potentially: 1) reduce the potential development impact on the existing land; 2) allow for the creation of outdoor recreation space for the Ocean Reef Club community within the Recreation FLUM; and 3) Enhance the quality of life of the community by preserving habitat and resources in the Conservation FLUM. The applicant has submitted information from the Ocean Reef Club Membership 2010 and 2013 Data files showing that the Ocean Reef community has had an increase in the number of families with children in recent years. There is an increased need for parks and recreational open space within the community, particularly park space including passive recreational opportunities, as opposed to the extensive active recreational space (golf courses, tennis courts, etc.) already existing within the community. The applicant has submitted current standards developed by the American Planning Association showing a need for recreational space in the form of open, flexible play fields. The proposed FLUM amendment would allow for such a use on the subject property. Supporting data provided by the applicant is attached as Exhibit 2. Concurrency Analysis (Comprehensive Plan Policy 101.1.1) Traffic Circulation (Comprehensive Plan Policy 301.1.1) The subject property is located on Harbor Drive within Ocean Reef, which is accessed by County Road 905. The 2015 US 1 Arterial Travel Time and Delay Study for Monroe County indicates levels of serve (LOS) of two segments of US1 that intersect with County Road 905. U.S 1 is required to maintain a LOS of File # 2015-047 Page 5 of 10 4EGOIX4K 4F The proposed FLUM amendment would result in a decrease in both residential and nonresidential development potential, and subsequently a decrease in potential traffic generation. Therefore, the proposed FLUM amendment is not anticipated to adversely impact the Traffic Circulation LOS. Potable Water (Comprehensive Plan Policy 701.1.1) of 29.8 million gallons per day (MGD). This consists of 23.8 MGD from the Biscayne Aquifer through the primary conventional water treatment process and 6 MGD from the brackish Floridan Aquifer through the secondary Reverse Osmosis (RO) treatment plant. There are also two saltwater Reserve Osmosis (RO) plants, located on Stock Island and Marathon, which are able to produce potable water under emergency conditions. The RO desalination plants have design capacities of 2.0 and 1.0 MGD of water, respectively. The 2015 projection for annual average daily demand is 17.76 23.98 MGD. In addition, within the Ocean Reef Club itself, there are a distribution pump station and three distribution storage tanks which hold a combined total of 2 MG of potable water. The proposed FLUM amendment would result in a decrease in both residential and nonresidential development potential, and subsequently a decrease in potential potable water demand. Therefore, the proposed FLUM amendment is not anticipated to adversely impact the Potable Water LOS. Solid Waste (Comprehensive Plan Policy 801.1.1) Monroe County has a contract with Waste Management through September 30, 2024. The contract authorizes the use of in-state facilities; thereby, providing the County with approximately eight years of guaranteed capacity for the haul out and disposal of 95,000 tons/year of solid waste not including yard waste. The proposed FLUM amendment would result in a decrease in both residential and nonresidential development potential, and subsequently a decrease in potential solid waste demand. Therefore, the proposed FLUM amendment is not anticipated to adversely impact the Solid Waste LOS. Sanitary Sewer (Comprehensive Plan Policy 901.1.1 The subject property would be served by the Ocean Reef Club sewer system, which is managed by the North Key Largo Utility Corporation. The proposed FLUM amendment would result in a decrease in both residential and nonresidential development potential, and subsequently a decrease in potential sanitary sewer collection demand. Therefore, the proposed FLUM amendment is not anticipated to adversely impact the Sanitary Sewer LOS. IV. CONSISTENCY WITH THE MONROE COUNTY YEAR 2010 COMPREHENSIVE PLAN, THE PRINCIPLES FOR GUIDING DEVELOPMENT, AND THE FLORIDA STATUTES A. The proposed amendment is consistent with the following Goals, Objectives and Policies of the Monroe County Year 2010 Comprehensive Plan. Specifically, it furthers: Goal 101 File # 2015-047 Page 6 of 10 4EGOIX4K 4F Monroe County shall manage future growth to enhance the quality of life, ensure the safety of County residents and visitors, and protect valuable natural resources. Objective 101.1 Monroe County shall ensure that at the time a development permit is issued, adequate public facilities are available to serve the development at the adopted level of service standards concurrent with the impacts of such development. Objective 101.4 Monroe County shall regulate future development and redevelopment to maintain the character of the community and protect the natural resources by providing for the compatible distribution of land uses consistent with the designations shown on the Future Land Use Map. Policy 101.4.9 The principal purpose of the Recreation land use category is to provide for public and private activity-based and resource-based recreational facilities. Policy 101.4.15 The principal purpose of the Conservation land use category is to provide for publicly owned lands held primarily for the preservation of natural and historic resources and compatible passive recreational uses. Public uses consistent with the purpose of this category shall be allowed. Objective 101.11 Monroe County shall implement measures to direct future growth away from environmentally sensitive land and towards established development areas served by existing public facilities. GOAL 1201 Monroe County shall provide a recreation and open space system to conserve valuable natural resources and to provide recreational opportunities adequate to serve the present and future population of Monroe County, including permanent residents and visitors. B. The proposed amendment is consistent with the Principles for Guiding Development for the Florida Keys Area, Section 380.0552(7), Florida Statutes. For the purposes of reviewing consistency of the adopted plan or any amendments to that plan with the principles for guiding development and any amendments to the principles, the principles shall be construed as a whole and no specific provision shall be construed or applied in isolation from the other provisions. (a)Strengthening local government capabilities for managing land use and development so that local government is able to achieve these objectives without continuing the area of critical state concern designation. (b)Protecting shoreline and marine resources, including mangroves, coral reef formations, seagrass beds, wetlands, fish and wildlife, and their habitat. File # 2015-047 Page 7 of 10 4EGOIX4K 4F (c)Protecting upland resources, tropical biological communities, freshwater wetlands, native tropical vegetation (for example, hardwood hammocks and pinelands), dune ridges and beaches, wildlife, and their habitat. (d)Ensuring the maximum well-being of the Florida Keys and its citizens through sound economic development. (e)Limiting the adverse impacts of development on the quality of water throughout the Florida Keys. (f)Enhancing natural scenic resources, promoting the aesthetic benefits of the natural environment, and ensuring that development is compatible with the unique historic character of the Florida Keys. (g)Protecting the historical heritage of the Florida Keys. (h)Protecting the value, efficiency, cost-effectiveness, and amortized life of existing and proposed major public investments, including: 1.The Florida Keys Aqueduct and water supply facilities; 2.Sewage collection, treatment, and disposal facilities; 3.Solid waste treatment, collection, and disposal facilities; 4.Key West Naval Air Station and other military facilities; 5.Transportation facilities; 6.Federal parks, wildlife refuges, and marine sanctuaries; 7.State parks, recreation facilities, aquatic preserves, and other publicly owned properties; 8.City electric service and the Florida Keys Electric Co-op; and 9.Other utilities, as appropriate. (i)Protecting and improving water quality by providing for the construction, operation, maintenance, and replacement of stormwater management facilities; central sewage collection; treatment and disposal facilities; and the installation and proper operation and maintenance of onsite sewage treatment and disposal systems. (j)Ensuring the improvement of nearshore water quality by requiring the construction and operation of wastewater management facilities that meet the requirements of ss. 381.0065(4)(l) and 403.086(10), as applicable, and by directing growth to areas served by central wastewater treatment facilities through permit allocation systems. (k)Limiting the adverse impacts of public investments on the environmental resources of the Florida Keys. (l)Making available adequate affordable housing for all sectors of the population of the Florida Keys. (m)Providing adequate alternatives for the protection of public safety and welfare in the event of a natural or manmade disaster and for a postdisaster reconstruction plan. (n)Protecting the public health, safety, and welfare of the citizens of the Florida Keys and maintaining the Florida Keys as a unique Florida resource. Pursuant to Section 380.0552(7) Florida Statutes, the proposed amendment is consistent with the Principles for Guiding Development as a whole and is not inconsistent with any Principle. C. The proposed amendment is consistent with Part II of Chapter 163, Florida Statutes (F.S.). Specifically, the amendment furthers: File # 2015-047 Page 8 of 10 4EGOIX4K 4F 163.3161(4), F.S. It is the intent of this act that local governments have the ability to preserve and enhance present advantages; encourage the most appropriate use of land, water, and resources, consistent with the public interest; overcome present handicaps; and deal effectively with future problems that may result from the use and development of land within their jurisdictions. Through the process of comprehensive planning, it is intended that units of local government can preserve, promote, protect, and improve the public health, safety, comfort, good order, appearance, convenience, law enforcement and fire prevention, and general welfare; facilitate the adequate and efficient provision of transportation, water, sewerage, schools, parks, recreational facilities, housing, and other requirements and services; and conserve, develop, utilize, and protect natural resources within their jurisdictions 163.3161(6), F.S. - It is the intent of this act that adopted comprehensive plans shall have the legal status set out in this act and that no public or private development shall be permitted except in conformity with comprehensive plans, or elements or portions thereof, prepared and adopted in conformity with this act. 163.3177(1), F.S. - The comprehensive plan shall provide the principles, guidelines, standards, and strategies for the orderly and balanced future economic, social, physical, environmental, and fiscal development of the area that reflects community commitments to implement the plan and its elements. These principles and strategies shall guide future decisions in a consistent manner and shall contain programs and activities to ensure comprehensive plans are implemented. The sections of the comprehensive plan containing the principles and strategies, generally provided as goals, development regulations will be initiated, modified, or continued to implement the comprehensive plan in a consistent manner. It is not the intent of this part to require the inclusion of implementing regulations in the comprehensive plan but rather to require identification of those programs, activities, and land development regulations that will be part of the strategy for implementing the comprehensive plan and the principles that describe how the programs, activities, and land development regulations will be carried out. The plan shall establish meaningful and predictable standards for the use and development of land and provide meaningful guidelines for the content of more detailed land development and use regulations. 163.3177(6)(a)2., F.S. - The future land use plan and plan amendments shall be based upon surveys, studies, and data regarding the area, as applicable, including: a. The amount of land required to accommodate anticipated growth. b. The projected permanent and seasonal population of the area. c. The character of undeveloped land. d. The availability of water supplies, public facilities, and services. e. The need for redevelopment, including the renewal of blighted areas and the elimination of nonconforming uses which are inconsistent with the character of the community. f. The compatibility of uses on lands adjacent to or closely proximate to military installations. g. The compatibility of uses on lands adjacent to an airport as defined in s. 330.35 and consistent with s. 333.02. h. The discouragement of urban sprawl. i. The need for job creation, capital investment, and economic development that will strengthen and File # 2015-047 Page 9 of 10 4EGOIX4K 4F j. The need to modify land uses and development patterns within antiquated subdivisions. 163.3177(6)(a)8., F.S. - Future land use map amendments shall be based upon the following analyses: a. An analysis of the availability of facilities and services. b. An analysis of the suitability of the plan amendment for its proposed use considering the character of the undeveloped land, soils, topography, natural resources, and historic resources on site. c. An analysis of the minimum amount of land needed to achieve the goals and requirements of this section. V. PROCESS Comprehensive Plan Amendments may be proposed by the Board of County Commissioners, the Planning Commission, the Director of Planning, or the owner or other person having a contractual interest in property to be affected by a proposed amendment. The Director of Planning shall review and process applications as they are received and pass them onto the Development Review Committee and the Planning Commission. The Planning Commission shall hold at least one public hearing. The Planning Commission shall review the application, the reports and recommendations of the Department of Planning & Environmental Resources and the Development Review Committee and the testimony given at the public hearing. The Planning Commission shall submit its recommendations and findings to the Board of County Commissioners (BOCC). The BOCC holds a public hearing to consider the transmittal of the proposed comprehensive plan amendment, and considers the staff report, staff recommendation, and the testimony given at the public hearing. The BOCC may or may not recommend transmittal to the State Land Planning Agency. If the amendment is transmitted to State Land Planning Agency, they review the proposal and issue an Objections, Recommendations and Comments (ORC) Report. Upon receipt of the ORC report, the County has 180 days to adopt the amendments, adopt the amendments with changes or not adopt the amendment. VI. STAFF RECOMMENDATION Staff recommends approval of the proposed amendment to the Future Land Use Map of the Monroe County Year 2010 Comprehensive Plan from Residential Conservation (RC) to Recreation (R) and Conservation (C), as described in this staff report and attached as Exhibit 3, for property located on South Harbor Drive, Harbor Course South Section One, Ocean Reef, Key Largo, having real estate number 00573690.003900. VII. EXHIBITS 1. Resolution P34-15. 2. ormation from the Ocean Reef Club Membership 2010 and 2013 Data files. 3. Proposed FLUM Map Amendment. File # 2015-047 Page 10 of 10 4EGOIX4K 4F Exhibit 1 - Resolution P34-15 4EGOIX4K 4F 4EGOIX4K Exhibit 2 - Backup information 4F submitted by Applicant *091%440-'%8-327944368-2+8)<8 6)74327) 4PIEWIHIWGVMFIXLIVIEWSRJSVXLITVSTSWIH*091EQIRHQIRX 8LI3GIER6IIJ'PYFFIKEREWEQSHIWX´WLMRKGEQTERHVSSQPSHKIIWXEFPMWLIHF] 1SVVMW&EOIVMR8LIMRXIVIWXWERHI\TIVXMWISJSYVQIQFIVWLEZIKYMHIHXLIKVS[XLSJ XLITVMZEXIGPYFMRXSEGSQQYRMX]3GIER6IIJFIGEQIETVMZEXIGPYFMRJSPPS[MRKXLI FY]SYXJVSQXLIJSVQIVHIZIPSTIV8LIREWRS[HEMP]STIVEXMSRSJXLI'PYFLEWFIIR SZIVWIIRF]XLIFSEVHSJHMVIGXSVWXLIGPYFWXEERHGSQQMXXIIW%WXLI]IEVWLEZITEWWIH XLIRYQFIVSJQIQFIVW[LSS[RXLIMVS[RLSQIWMR3GIER6IIJLEWGSRXMRYIHXSKVS[ 'PSWIXSJSYVXLSYWERHQIQFIVWSJ36'VIQEMRHIXIVQMRIHXSTVIWIVZIXLITVMZEXIGPYF¬WVMGL XVEHMXMSRWERHKVEGMSYWPMJIWX]PIJSVJYXYVIKIRIVEXMSRW 8SHE]RIWXPIHMRWIGPYHIHXVSTMGEPEGVIWSRXLIRSVXLIVRQSWXXMTSJ/I]0EVKSMRXLI *PSVMHE/I]W3GIER6IIJ'PYFMWGSRWMHIVIHSRISJXLIGSYRXV]¬WQSWXGSQTVILIRWMZI GSQQYRMXMIW3IVMRK[EXIVJVSRXIWXEXIWTVMZEXILSQIWGSRHSQMRMYQWERHFSEXWPMTW 3GIER6IIJ'PYFEPWSJIEXYVIWERSGIERJVSRX-RRJYPPWIVZMGIWTEERHWEPSRERHEREVVE]SJ HMRMRKERHWLSTTMRKSTXMSRW0IMWYVIEQIRMXMIWMRGPYHIEWPMTQEVMREJSVFSEXMRK´WLMRK ERHHMZMRKX[SLSPIGLEQTMSRWLMTKSPJGSYVWIW[SVPHGPEWWXIRRMWERHPE[RWTSVXW NSKKMRKERHG]GPMRKTEXLWGSSOMRKWGLSSPREXYVIGIRXIVEVXPIEKYIGYPXYVEPGIRXIVVERKISJ GLMPHVIR¬WEGXMZMXMIWERHTVSKVEQQMRKERHQSVI 8LI'PYFMWEPWSIUYMTTIH[MXLEJYPP]WXEIH1IHMGEP'IRXIV´VIWXEXMSRPERHMRKWXVMT XL KSYVQIXKVSGIV]WXSVIZIXIVMREV]GEVIERH8LI%GEHIQ]ERMRHITIRHIRX4VI/KVEHI WGLSSP8LI%GEHIQ][EWGSRGIMZIHXSEGGSQTPMWLEWMQTPIERHMQTSVXERXQMWWMSR§XS´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´XWERH )GSRSQMG :EPYI 7SGMEP-QTSVXERGI 4EVOWEVIEXERKMFPIVIµ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´X 4EVOWERHVIGVIEXMSRTVSKVEQWERHWIVZMGIWGSRXVMFYXIXSXLILIEPXLSJGLMPHVIR]SYXLEHYPXW ERHWIRMSVW%GGSVHMRKXSWXYHMIWF]XLI'IRXIVWJSV(MWIEWI'SRXVSPERH4VIZIRXMSRGVIEXMRK MQTVSZMRKERHTVSQSXMRKTPEGIWXSFITL]WMGEPP]EGXMZIGERMQTVSZIMRHMZMHYEPERHGSQQYRMX] LIEPXLERHVIWYPXMRETIVGIRXMRGVIEWISJVIWMHIRXW[LSI\IVGMWIEXPIEWXXLVIIXMQIWTIV [IIO%WXYH]F]4IRR7XEXI9RMZIVWMX]WLS[IHWMKRM´GERXGSVVIPEXMSRWXSVIHYGXMSRWMRWXVIWW PS[IVIHFPSSHTVIWWYVIERHTIVGIMZIHTL]WMGEPLIEPXLXSXLIPIRKXLSJWXE]MRZMWMXWXSTEVOW )RZMVSRQIRXEP&IRI´XW 4EVOWERHTVSXIGXIHTYFPMGPERHWEVITVSZIRXSMQTVSZI[EXIVUYEPMX]TVSXIGXKVSYRH[EXIV TVIZIRXµ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`WTEGIWHIRWMX]MRGVIEWIWJVSQXS&EWIHWSPIP] SRXLI'SQTVILIRWMZI4PERMXGERRSXFIHIXIVQMRIH[LIXLIVSVRSXXLIVIMWEVIHYGXMSRXS HIRWMX]WMRGIXLIVIMWRS[E]XSGSQTEVIVIWMHIRXMEPHIRWMX]XSVSSQW`WTEGIWHIRWMX]EPXLSYKL XLIRIXGLERKIXSMRXIRWMX]MWGPIEVP]VIHYGIH%REP]WMWSJXLI^SRMRKGSHIWLS[WXLEXXLIVIMW RSEPPSGEXIHHIRWMXMIWJSVVSSQW`WTEGIWYRHIV7IGXMSR©QE\MQYQLSXIPQSXIP VIGVIEXMSREPZILMGPIERHMRWXMXYXMSREPVIWMHIRXMEPHIRWMXMIWª&]EREP]^MRKFSXLXLI 'SQTVILIRWMZI4PERERHXLI^SRMRKGSHIMXGERFIGSRGPYHIHXLEXXLIVIMWRSMRGVIEWIMR HIRWMX]EW[IPPSRXLIWMXI 463437)( )<-78-2+ '327)6:%8-32 ' *091 6)7-()28-%0'327)6:%8-32 6' *091 -28)27-8= ' 6)*0914368-32%'6)7 -28)27-8= 6' *%6<9TPERH%GVIW!7* *%6<9TPERH%GVIW!7* ()27-8= ' 6)*0914368-32%'6)7 ()27-8= 6' (9%'6)<9TPERH%GVIW!9RMXW (9%'6)<9TPERH%GVIW!9RMXW 6SSQW`7TEGIW%GVI<9TPERH%GVIW!9RMXW 6SSQW`7TEGIW%GVI<9TPERH%GVIW!9RMXW 6)'6)%8-32 6 *091 -28)27-8= 6 6)*0914368-32%'6)7 *%6<9TPERH%GVIW!7* ()27-8= 6 6)*0914368-32%'6)7 (9%'6)<9TPERH%GVIW!9RMXW 6SSQW`7TEGIW%GVI<9TPERH%GVIW!9RMXW %2%0=7-7 6IZMI[SJXLI'SQTVILIRWMZI4PERHEXEMRHMGEXIWXLEXFEWIHSRXLIGYVVIRX*YXYVI0ERH9WI *09 1ET HIWMKREXMSRXLEXXLIWMXI[MXLYTPERHEGVIWGSYPHGYVVIRXP]FIHIZIPSTIHEXERMRXIRWMX]SJ7UYEVI*IIX 7* ERHEXEHIRWMX]SJYRMXWSJVIWMHIRXMEPHIRWMX]ERHYRMXWSJ6SSQW`7TEGIW&EWIHSRXLITVSTSWIH *YXYVI0ERH9WI *09 1ETHIWMKREXMSRWSJSJXLIYTPERHEGVIWHIWMKREXIH'SRWIVZEXMSR ' ERHEGVIW HIWMKREXIH6IGVIEXMSRXLIWMXIGSYPHWYTTSVXWUYEVIJIIXSJMRXIRWMX]ERHYRMXWSJVIWMHIRXMEPHIRWMX]ERH YRMXWSJ6SSQ`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´GEPP]XLIEQIRHQIRXJYVXLIVW *7 %RW[IV8LITVSTSWIHEQIRHQIRXMWGSRWMWXIRX[MXLXLIJSPPS[MRKWIGXMSRWSJ E 8LIGSQTVILIRWMZITPERWLEPPGSRXEMREGETMXEPMQTVSZIQIRXWIPIQIRX HIWMKRIHXSGSRWMHIVXLIRIIHJSVERHXLIPSGEXMSRSJTYFPMGJEGMPMXMIWMRSVHIVXSIRGSYVEKIXLI IGMIRXYWISJWYGLJEGMPMXMIWERHWIXJSVXL %GSQTSRIRXXLEXSYXPMRIWTVMRGMTPIWJSVGSRWXVYGXMSRI\XIRWMSRSVMRGVIEWIMRGETEGMX]SJ TYFPMGJEGMPMXMIWEW[IPPEWEGSQTSRIRXXLEXSYXPMRIWTVMRGMTPIWJSVGSVVIGXMRKI\MWXMRKTYFPMG JEGMPMX]HI´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´WGEPVIWTSRWMFMPMX]4VSNIGXWRIGIWWEV]XSIRWYVIXLEXER]EHSTXIHPIZIP SJWIVZMGIWXERHEVHWEVIEGLMIZIHERHQEMRXEMRIHJSVXLI]IEVTIVMSHQYWXFIMHIRXM´IHEW IMXLIVJYRHIHSVYRJYRHIHERHKMZIREPIZIPSJTVMSVMX]JSVJYRHMRK %RW[IV8LIEQIRHQIRX[MPPVIWYPXMRXLIEFMPMX]XSGVIEXIEJEGMPMX][LMGL[MPPJYP´PPXLIRIIHIH TEVOWTEGIXSFIYWIHF]EPPSJ3GIER6IIJGPYF8LMWJEGMPMX]MWEPWSFIRI´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¬WIGSRSQ] 4EGOIX4K 4F *091%440-'%8-327944368-2+8)<8 6)74327)'SRX %RW[IV3GIER6IIJGPYFGSRXMRYIWXSLEZIEPEVKIIGSRSQMGMQTEGXSRXLIIGSRSQ] TVSZMHMRKIQTPS]QIRXSTTSVXYRMXMIWERHTYQTMRKHSPPEVWMRXSXLIPSGEPIGSRSQ]XLVSYKL TEXVSRM^MRKSJFYWMRIWWIWJSVKSSHWERHWIVZMGIWEW[IPPEWXLVSYKLXLIXE\FEWIKIRIVEXIHF] XLIVIEPIWXEXIEXXLIGPYF%PPS[MRKJSVETTPITEVOSTIRWTEGIEXXLI'PYF[MPPGSRXMRYIXS IRLERGIXLIGPYFERHJYVXLIVWXVIRKXLIRMXWTSWMXMSRMRXLIQEVOIX 7IGXMSRW K 4VSZMHIJSVXLIGSQTEXMFMPMX]SJEHNEGIRXPERHYWIW %RW[IV8LIQETGLERKIEQIRHQIRX[MPPTVSZMHIJSVXLIGSQTEXMFMPMX]SJEHNEGIRXPERHYWIW 8LITVSTIVX]XSXLI)EWXSJXLIWYFNIGXWMXILEWEHIWMKREXMSRSJ1M\IH9WI'SQQIVGMEPERHMW HIZIPSTIH[MXLXLI%GEHIQ]EX3GIER6IIJE/WGLSSP8SXLIRSVXLERH[IWXXLIPERHMW YRHIZIPSTIHERHS[RIHF]XLIWXEXI[MXLEHIWMKREXMSRSJ6IWMHIRXMEP'SRWIVZEXMSRERH 'SRWIVZEXMSR8SXLIWSYXLXLIVIMWEKSPJGSYVWI[MXLEHIWMKREXMSRSJ6IGVIEXMSRERH VIWMHIRXMEPLSQIW[MXLE6IWMHIRXMEP1IHMYQ(IWMKREXMSR'LERKMRKXLI*091XSEQM\SJ 'SRWIVZEXMSRERH6IGVIEXMSR[SYPHFII\XVIQIP]GSQTEXMFPIMRXLEXXLIGSRWIVZEXMSRTSVXMSR [SYPHEFYXEQENSVMX]SJXLI'SRWIVZEXMSRERH6IGVIEXMSR'SRWIVZEXMSRPERHXSXLIRSVXLERH [IWX[LIVIEWXLI6IGVIEXMSRGPEWWM´GEXMSREPSRK[MXLXLITVSTSWIHYWIEWSTIRKVIIRWTEGI [SYPHFIGSQTEXMFPI[MXLXLIWGLSSPXSXLIIEWXERHTVSZMHIJSVVIGVIEXMSREPWTEGIXSXLI VIWMHIRXMEPRIMKLFSVLSSHXSXLIWSYXL E ERH 8LIEQSYRXSJPERHHIWMKREXIHJSVJYXYVITPERRIHYWIWWLEPPTVSZMHIEFEPERGISJYWIWXLEX JSWXIVZMFVERXZMEFPIGSQQYRMXMIWERHIGSRSQMGHIZIPSTQIRXSTTSVXYRMXMIWERHEHHVIWW SYXHEXIHHIZIPSTQIRXTEXXIVRWWYGLEWERXMUYEXIHWYFHMZMWMSRW8LIEQSYRXSJPERH HIWMKREXIHJSVJYXYVIPERHYWIWWLSYPHEPPS[XLISTIVEXMSRSJVIEPIWXEXIQEVOIXWXSTVSZMHI EHIUYEXIGLSMGIWJSVTIVQERIRXERHWIEWSREPVIWMHIRXWERHFYWMRIWWERHQE]RSXFIPMQMXIH WSPIP]F]XLITVSNIGXIHTSTYPEXMSR8LIIPIQIRXWLEPPEGGSQQSHEXIEXPIEWXXLIQMRMQYQ EQSYRXSJPERHVIUYMVIHXSEGGSQQSHEXIXLIQIHMYQTVSNIGXMSRWEWTYFPMWLIHF]XLI3GISJ )GSRSQMGERH(IQSKVETLMG6IWIEVGLJSVEXPIEWXE]IEVTPERRMRKTIVMSHYRPIWWSXLIV[MWI PMQMXIHYRHIVWMRGPYHMRKVIPEXIHVYPIWSJXLI%HQMRMWXVEXMSR'SQQMWWMSR 8LIJYXYVIPERHYWIIPIQIRXERHER]EQIRHQIRXXSXLIJYXYVIPERHYWIIPIQIRXWLEPP HMWGSYVEKIXLITVSPMJIVEXMSRSJYVFERWTVE[P %27;)6&]EPPS[MRKJSVEHHMXMSREPPERHWXSFIYWIHJSVTEVOPERHWMXQMXMKEXIWTSXIRXMEP IRZMVSRQIRXEPMQTEGXWF]TVSZMHMRKJSVVIGVIEXMSREPJEGMPMXMIW[MXLMR3GIER6IIJ'PYF[MXLSYX VIUYMVMRKVIWMHIRXWXSLEZIXSXVEZIPSZIVQMPIWXSXLIWSYXLJSVVIGVIEXMSREPJEGMPMXMIW8LI TEVOERHVIGVIEXMSRWTEGIEPWSJSWXIVWXLIZMFVERG]ERHZMEFMPMX]SJ3GIER6IIJ'PYFEWE GSQQYRMX]F]IRLERGMRKMXEWEGSQTPIXIWIPJWYTTSVXMRKGSQQYRMX][MXLEPPXLIEQIRMXMIWERH WIVZMGIWRIGIWWEV]MREGSQTPIXIGSQQYRMX] F :-ERH:-- 8LIJYXYVIPERHYWIIPIQIRXSVTPEREQIRHQIRXWLEPPFIHIXIVQMRIHXS HMWGSYVEKIXLITVSPMJIVEXMSRSJYVFERWTVE[PMJMXMRGSVTSVEXIWEHIZIPSTQIRXTEXXIVRSVYVFER JSVQXLEXEGLMIZIWJSYVSVQSVISJXLIJSPPS[MRK 4VIWIVZIWSTIRWTEGIERHREXYVEPPERHWERHTVSZMHIWJSVTYFPMGSTIRWTEGIERHVIGVIEXMSR RIIHW 4EGOIX4K 4F *091%440-'%8-327944368-2+8)<8 6)74327)'SRX 'VIEXIWEFEPERGISJPERHYWIWFEWIHYTSRHIQERHWSJXLIVIWMHIRXMEPTSTYPEXMSRJSVXLI RSRVIWMHIRXMEPRIIHWSJEREVIE 6IWTSRWI4VSZMHMRKJSVERSTIRKVIIRWTEGI[MPPTVSZMHIWTEGIRSXJSVGLMPHVIRERH]SYRK EHYPXWFYX[MPPTVSZMHISTTSVXYRMX]XSQIIXXLIVIGVIEXMSREPRIIHWSJEPPVIWMHIRXW 'SEWXEP1EREKIQIRX %RW[IV7IGXMSRMWRSXETTPMGEFPI2%XSXLITVSTSWIHEQIRHQIRX ERH 'SRGYVVIRG]7ERMXEV]WI[IVWSPMH[EWXIHVEMREKIERHTSXEFPI[EXIVEVIXLISRP]TYFPMG JEGMPMXMIWERHWIVZMGIWWYFNIGXXSXLIGSRGYVVIRG]VIUYMVIQIRXSREWXEXI[MHIFEWMW%HHMXMSREP TYFPMGJEGMPMXMIWERHWIVZMGIWQE]RSXFIQEHIWYFNIGXXSGSRGYVVIRG]SREWXEXI[MHIFEWMW [MXLSYXETTVSZEPF]XLI0IKMWPEXYVILS[IZIVER]PSGEPKSZIVRQIRXQE]I\XIRHXLI GSRGYVVIRG]VIUYMVIQIRXWSXLEXMXETTPMIWXSEHHMXMSREPTYFPMGJEGMPMXMIW[MXLMRMXWNYVMWHMGXMSR %RW[IV'VIEXMSRSJEKVIIRWTEGI[MXLVIQEMRGSRWMWXIRX[MXLGSRGYVVIRG]JSVWERMXEV]WI[IV WSPMH[EWXIHVEMREKIERHTSXEFPI[EXIVEWVIUYMVIHTIV7IGXMSRWERH 6)74327)'SRX 8LITVSTSWIHEQIRHQIRXMWMRXIVREPP]GSRWMWXIRX[MXLXLIJSPPS[MRK+SEPW 3FNIGXMZIWERH4SPMGMIWSJXLI1SRVSI'SYRX]=IEV'SQTVILIRWMZI4PER 3FNIGXMZIXLEX©1SRVSI'SYRX]WLEPPWIGYVIEHHMXMSREPEGVIEKIJSVYWIERSV HIZIPSTQIRXSJVIWSYVGIFEWIHERHEGXMZMX]FEWIHRIMKLFSVLSSHERHGSQQYRMX]TEVOW GSRWMWXIRX[MXLXLIEHSTXIHPIZIPSJWIVZMGIWXERHEVHWª 8LI1SRVSI'SYRX]=IEV'SQTVILIRWMZI4PERWXEXIWMRSFNIGXMZIXLEX©1SRVSI 'SYRX]WLEPPWIGYVIEHHMXMSREPEGVIEKIJSVYWIERHSVHIZIPSTQIRXSJVIWSYVGIFEWIHERH EGXMZMX]FEWIHRIMKLFSVLSSHERHGSQQYRMX]TEVOWGSRWMWXIRX[MXLXLIEHSTXIHPIZIPSJWIVZMGI WXERHEVHWª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©4PE]´IPHªEWHI´RIHF]XLI%4% FIPS[ 4EGOIX4K 4F *091%440-'%8-327944368-2+8)<8 8LITPE]´IPHTVSZMHIWZEVMIHJSVQWSJVIGVIEXMSREPEGXMZMX]JSV]SYRKTISTPIERHEHYPXW EPXLSYKLEWIGXMSRQE]FIHIZIPSTIHEWEGLMPHVIRWTPE]KVSYRH 8EFPI 8LITPE]´IPH TVSZMHIWJSVTSTYPEVJSVQWSJVIGVIEXMSRXLEXVIUYMVIQSVIWTEGIXLER[SYPHFIEZEMPEFPIMRXLI TPE]KVSYRH8LITPE]´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tnemdnemA esU dnaL erutuF ytnuoC eornoM