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Item R1*REVISED* Meeting Date 11/20/13 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Bulk Item: Yes _ No X Division: Parks and Recreation Advisory Board Department: Public Works/Solid Waste Staff Contact: Rosa Washington/292-4432 AGENDA ITEM WORDING: Report from the Parks & Recreation Advisory Board, and recommendation on the purchase of Rowell's Marina as a waterfront park and including possible approval of business plan as required under the Sale and Purchase Agreement. ITEM BACKGROUND: The County Administrator will present a presentation including a possible business plan as required under the Purchase and Sale agreement. The Parks and Recreation Advisory Board hosted two public meetings (10/7/13 and 11/4/13), at which community members shared with staff their vision of the amenities they'd like to see at the property and its future use. The Monroe County Parks and Recreation Advisory Board unanimously recommends and supports the purchase of the property. PREVIOUS RELEVANT BOCC ACTION: On April 17, 2013, the BOCC authorized the County Administrator to obtain two appraisals of Tracts 1 and 2, Highland Shores Subdivision and adjoining Parcels "A" and `B" (formerly Rowell's Marina) to determine the feasibility and value of the property. At the October 2013, BOCC meeting, the BOCC approved a Sale and Purchase agreement, which passed the BOCC with the stipulation that the Sale and Purchase include a business plan. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A INDIRECT COST: N/A BUDGETED: Yes X No COST TO COUNTY: $5,000,000 SOURCE OF FUNDS: REVENUE PRODUCING: Yes X No AMOUNT PER YEAR: Unknown (approximately) APPROVED BY: County Atty _ OMB/Purchasing Risk Management N/A DOCUMENTATION: Included X Not Required DISPOSITION: AGENDA ITEM # R-1 REVISED BACKUP Revised 11/06 Meeting Date: 11/20/13 Division: Parks and Recreation Advisoa Board Bulk Item: Yes X No Department: Public Works/Solid Waste Staff Contact: Rosa Washinaton/292-44' )2 AGENDA ITEM WORDING: Report of the Parks & Recreation Advisory Board and recommendation on the purchase of Rowell's Marina as a waterfront park. ITEM BACKGROUND: On April 2013, the BOCC authorized the County Administrator to determine tusibility of purchasing the property known as Rowell"s Marina. The Parks and Recreation Advisory Board hosted two public meetings (10/7/13 and 11/4/13), at which community members shared with staff their vision of the amenities they'd like to see at the property and its future use. The Monroe County Parks and Recreation Advisory Board unanimously recommends and supports the purchase of the property. PREVIOUS RELEVANT BOCC ACTION: On April 17, 2013, the BOCC authorized the County Administrator to obtain two appraisals of Tracts I and 2, Highland Shores Subdivision and adjoining Parcels "A" and "B" (fon-nerly owell's Marina) to determine the feasibility and value of the property. At the September 2013, BOCC meeting, The BOCC approved a Sale and Purchase agreement passed the BOCC with the stipulation that the Sale and Purchase include a business plan. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A INDIRECT COST: N/A BUDGETED: Yes X No REVENUE PRODUCING: Yes X No AMOUNT PER YEAR: Unknown (approximately) APPROVED BY: County AM, OMB/Purchasing Risk Management N/A DOCUMENTATION: Included X Not Required DISPOSITION: Revised 11/06 AGENDA ITEM #