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Item S37 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 September 21, 2016 Agenda Item Number: S.3  Agenda Item Summary #2104 BULK ITEM: DEPARTMENT: Yes County Attorney's Office TIME APPROXIMATE:STAFF CONTACT: Derek Howard (305) 292-3470 N/A AGENDA ITEM WORDING: Approval of Resolution Ratifying Stipulation of Settlement in Davis v. Monroe County and State of Florida ITEM BACKGROUND: Donald Davis is the sole remaining plaintiff from the Collins v. Monroe County and State of Florida litigation. The Courts have already ruled in favor of the County and State on the other plaintiffs. On October 14, 2011, the trial court found that the County and State were liable for the regulatory -Compensation was to be based on the fair market value of the property as of July 12, 2002, as determined by a jury in a valuation trial. The valuation trial was scheduled for October 2016, and the court ordered the parties to attend a mediation conference on August 28, 2016. At the mediation conference, the parties stipulated that the fair market value of the property on July 12, 2002, was $175,000. The stipulation eliminates the need to hold finding on appeal. The Stipulation of Settlement memorializes the agreement of the parties but requires approval of the County Commission to be effective. The resolution formally ratifies the Stipulation of Settlement. PREVIOUS RELEVANT BOCC ACTION: n/a CONTRACT/AGREEMENT CHANGES: Approval of Stipulation of Settlement STAFF RECOMMENDATION: Approval. DOCUMENTATION: 4EGOIX4K 7 Resolution Approving Davis Stipulation of Settlement and Exhibit 1 FINANCIAL IMPACT: Effective Date: N/A Expiration Date: N/A Total Dollar Value of Contract: N/A Total Cost to County: $175,000. plus statutory interest from July 17, 2002 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: Bob Shillinger Completed 09/13/2016 4:10 PM Derek Howard Skipped 09/13/2016 4:08 PM Budget and Finance Completed 09/13/2016 4:11 PM Maria Slavik Completed 09/13/2016 4:21 PM Kathy Peters Completed 09/13/2016 5:30 PM Board of County Commissioners Pending 09/21/2016 9:00 AM 4EGOIX4K %XXEGLQIRX6IWSPYXMSR%TTVSZMRK(EZMW7XMTYPEXMSRSJ7IXXPIQIRXERH)\LMFMX %TTVSZEPSJ %XXEGLQIRX6IWSPYXMSR%TTVSZMRK(EZMW7XMTYPEXMSRSJ7IXXPIQIRXERH)\LMFMX %TTVSZEPSJ %XXEGLQIRX6IWSPYXMSR%TTVSZMRK(EZMW7XMTYPEXMSRSJ7IXXPIQIRXERH)\LMFMX %TTVSZEPSJ %XXEGLQIRX6IWSPYXMSR%TTVSZMRK(EZMW7XMTYPEXMSRSJ7IXXPIQIRXERH)\LMFMX %TTVSZEPSJ