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Item R5R.5 BOARD OF COUNTY COMMISSIONERS C ounty of M onroe Mayor David Rice, District 4 Mayor Pro Tem Sylvia J. Murphy, District 5 TheFloridaKeys Danny L. Kolhage, District 1 George Neugent, District 2 Heather Carruthers, District 3 County Commission Meeting November 20, 2018 Agenda Item Number: R.5 Agenda Item Summary #4940 BULK ITEM: Yes DEPARTMENT: County Attorney's Office TIME APPROXIMATE: STAFF CONTACT: Bob Shillinger (305) 292-3470 N/A AGENDA ITEM WORDING: Approval of a contract to purchase a less than fee interest in Block 1, Lot 16, Sunset Point (PB 2-81) with parcel number 00490510-000000 for density reduction purpose. ITEM BACKGROUND: This acquisition is proposed pursuant to BOCC Resolution 175-2018 (the Less Than Fee Acquisition Program) to protect property rights, to reduce density, and to reduce the Cou. The subject property consists of a 7,159 square foot lot on North Bay Harbor Drive on the bay side of Key Largo near mile marker 95. The property is designated Tier 3 Infill Area and is zoned Improved Subdivision. The Planning and Environmental Resources Department has confirmed the property has the potential to be developed with one dwelling unit and the Land Authority has prepared and negotiated the proposed purchase contract on behalf of the BOCC. The property owners have agreed to retire the development rights for a dwelling unit and detatched habitable space on the property. The purchase price is $89,488, which is the current market land value . The estimated closing costs for this transaction will be approximately $1,250. Once the proposed transaction closes, the Sellers will continue to own the lot and may use it in conjuction with their existing house on their adjoining parcel but will be precluded from developing the lot with a dwelling unit or other detached habitatable space. PREVIOUS RELEVANT BOCC ACTION: The Board budgeted funds for purchases which are lawsuits through voluntary purchases. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval Packet Pg. 1885 R.5 DOCUMENTATION: GivenContract GivenRECard FINANCIAL IMPACT: Effective Date: November 19, 2018 Expiration Date: None Total Dollar Value of Contract: $89,488.00 plus estimated closing costs of $1,250.00 Total Cost to County: $90,738.00 Current Year Portion: $90,738.00 Budgeted: Yes Source of Funds: 304 Funds infrastructure sales surtax CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: No If yes, amount: Grant: No County Match: N/A Insurance Required: N/A Additional Details: $89,488.00 plus closing costs estimated to be approximately $1,250.00 None 11/20/18 NEW COST CENTER ADDED $90,738.00 REVIEWED BY: Charles Pattison Completed 11/05/2018 4:05 PM Bob Shillinger Completed 11/05/2018 4:20 PM Budget and Finance Completed 11/05/2018 4:22 PM Maria Slavik Completed 11/05/2018 4:25 PM Kathy Peters Completed 11/05/2018 4:27 PM Board of County Commissioners Pending 11/20/2018 9:00 AM Packet Pg. 1886 R.5.a Attachment: GivenContract (Block 1, Lot 16, Sunset Point, Key Largo. (Given) LESS THAN FEE PROGRAM) Packet Pg. 1887 R.5.a Attachment: GivenContract (Block 1, Lot 16, Sunset Point, Key Largo. (Given) LESS THAN FEE PROGRAM) Packet Pg. 1888 R.5.a Attachment: GivenContract (Block 1, Lot 16, Sunset Point, Key Largo. (Given) LESS THAN FEE PROGRAM) Packet Pg. 1889 R.5.b Monroe County, FL Disclaimer The Monroe County Property Appraiser's office maintains data on property within the County solely for the purpose of fulfilling its responsibility to secure a just valuation for ad valorem tax purposes of all property within the County. The Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose. Likewise, data provided regarding one tax year may not be applicable in prior or subsequent years. By requesting such data, you hereby understand and agree that the data is intended for ad valorem tax purposes only and should not be relied on for any other purpose. By continuing into this site you assert that you have read and agree to the above statement. Summary Parcel ID 00490510-000000 Account #1606758 Property ID 1606758 Millage Group 500K Location Address VACANT LAND , KEY LARGO Legal Description BK 1 LT 16 SUNSET POINT-KEY LARGO PB2-81 OR518-923 OR539-13 OR1953-1334 (Note: Not to be usedon legal documents) Neighborhood 1835 Property Class VACANT RES (0000) Subdivision SUNSET POINT Sec/Twp/Rng 13/62/38 Affordable Housing No Owner GIVEN PATRICK AND LUCY 79 N BAY HARBOR DR KEY LARGO FL 33037 Valuation 2018201720162015 +Market Improvement Value$0$0$0$0 +Market Misc Value$0$0$0$0 +Market Land Value$89,488$89,488$89,488$16,287 =Just Market Value$89,488$89,488$89,488$16,287 =Total Assessed Value$3,064$2,785$2,532$2,302 -School Exempt Value$0$0$0$0 =School Taxable Value$89,488$89,488$89,488$16,287 Land Land UseNumber of UnitsUnit TypeFrontageDepth RESIDENTIAL DRY UNPERMITTED (01DM)7,159.00Square Foot50143 Sales Sale DateSale PriceInstrumentInstrument NumberDeed BookDeed PageSale QualificationVacant or Improved 11/10/2003$16,500Warranty Deed19531334Q - QualifiedVacant 2/1/1973$3,000Conversion Code53913Q - QualifiedVacant Attachment: GivenRECard (Block 1, Lot 16, Sunset Point, Key Largo. (Given) LESS THAN FEE PROGRAM) Packet Pg. 1890 R.5.b Map TRIM Notice Trim Notice 2018 Notices Only No data available for the following modules:Buildings, Commercial Buildings, Mobile Home Buildings, Yard Items, Exemptions, Permits, Sketches (click to enlarge), Photos. The Monroe County Property Appraiser's office maintains data on property within the County solely for the purpose of fulfilling its Developed by responsibility to secure a just valuation for ad valorem tax purposes of all property within the County. The Monroe County Property Appraiser's office cannot guarantee its accuracy for any other purpose. Likewise, data provided regarding one tax year may not be applicable in prior or subsequent years. By requesting such data, you hereby understand and agree that the Last Data Upload: 11/5/20181:42:15AM Attachment: GivenRECard (Block 1, Lot 16, Sunset Point, Key Largo. (Given) LESS THAN FEE PROGRAM) Packet Pg. 1891