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Item P5P.5 BOARD OF COUNTY COMMISSIONERS C ounty of M onroe Mayor Sylvia Murphy, District 5 Mayor Pro Tem Danny Kolhage, District 1 TheFloridaKeys Michelle Coldiron, District 2 Heather Carruthers, District 3 David Rice, District 5 County Commission Meeting December 19, 2018 Agenda Item Number: P.5 Agenda Item Summary #5039 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 Lot 12, Saddlebunch Key (PB 3-115) with parcel number 00159390-000000 for density reduction purposes. 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 s potential liability for takings suits. The subject property consists of a 5,293 square foot lot on Blue Water Drive on the ocean side of Saddlebunch Key near mile marker 14. 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 detached habitable space on the property. The purchase price for this less than fee interest is $99,999, which is below the website. The estimated closing costs for this transaction will be approximately $1,454.75. 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 intended to reduce density lawsuits through voluntary purchases. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval Packet Pg. 1560 P.5 DOCUMENTATION: EXECUTED STAMPED SmithContract (12/10/18) SmithRECard FINANCIAL IMPACT: Effective Date: December 19, 2018 Expiration Date: None Total Dollar Value of Contract: $99,999.00 plus estimated closing costs of $1,454.75 Total Cost to County: $100,454.75 Current Year Portion: $100,454.75 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: $99,999.00 plus closing costs estimated to be approximately $1,454.75 None 12/19/18 NEW COST CENTER ADDED $100,545.75 REVIEWED BY: Charles Pattison Completed 12/04/2018 2:59 PM Bob Shillinger Skipped 12/04/2018 3:27 PM Budget and Finance Completed 12/04/2018 3:56 PM Maria Slavik Completed 12/04/2018 4:00 PM Kathy Peters Completed 12/04/2018 4:06 PM Board of County Commissioners Pending 12/19/2018 9:00 AM Packet Pg. 1561 P.5.a Attachment: EXECUTED STAMPED SmithContract (12/10/18) \[Revision 1\] (Lot 12, SaddlebunchShores, Saddlebunch Key (Smith) LESS THAN Packet Pg. 1562 P.5.a Attachment: EXECUTED STAMPED SmithContract (12/10/18) \[Revision 1\] (Lot 12, SaddlebunchShores, Saddlebunch Key (Smith) LESS THAN Packet Pg. 1563 P.5.a Attachment: EXECUTED STAMPED SmithContract (12/10/18) \[Revision 1\] (Lot 12, SaddlebunchShores, Saddlebunch Key (Smith) LESS THAN Packet Pg. 1564 P.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 00159390-000000 Account #1204951 Property ID 1204951 District Group Baypoint Millage Group 1 - SCHOOL STATE - SCHOOL STATE - (1) Location 12 BLUE WATER Dr , SADDLEBUNCH KEY Address Legal BK LT 12 SADDLEBUNCH SHORES SADDLEBUNCH KEYS PB3-115 OR524-692 OR1277- Description 1671/72 OR1743-833/34R/S OR1868-2188/89 OR2073-422/23Q/C OR2078-1742/43 (Note: Not to be usedon legal documents) Neighborhood 379 Property Class VACANT RES (0000) Subdivision SADDLEBUNCH SHORES Sec/Twp/Rng 17/67/27 Affordable No Housing Owner SMITH SHAWN DSMITH TRACEY 13 Blue Water Dr13 Blue Water Dr Key West FL 33040Key West FL 33040 Valuation 2018201720162015 +Market Improvement Value$0$0$0$0 +Market Misc Value$0$0$0$0 +Market Land Value$108,255$108,255$54,644$45,314 =Just Market Value$108,255$108,255$54,644$45,314 =Total Assessed Value$15,107$13,734$12,485$11,350 -School Exempt Value$0$0$0$0 =School Taxable Value$108,255$108,255$54,644$45,314 Land Land UseNumber of UnitsUnit TypeFrontageDepth RESIDENTIAL VIEW UNPERMITTED (01VM)5,293.00Square Foot00 Sales Sale DateSale PriceInstrumentInstrument NumberDeed BookDeed PageSale QualificationVacant or Improved 1/24/2005$225,000Warranty Deed20781742Q - QualifiedVacant 3/18/2003$49,500Warranty Deed18682188M - UnqualifiedVacant 11/29/2001$20,000Warranty Deed17430833Q - QualifiedVacant 10/1/1993$14,400Warranty Deed12771671Q - QualifiedVacant 2/1/1973$1,500Conversion Code524692Q - QualifiedVacant Photos Attachment: SmithRECard (Lot 12, SaddlebunchShores, Saddlebunch Key (Smith) LESS THAN FEE PROGRAM) Packet Pg. 1565 P.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). The Monroe County Property Appraiser's office maintains data on property within the County solely for the purpose of fulfilling its responsibility to Developed by 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: 12/3/20181:45:56AM Attachment: SmithRECard (Lot 12, SaddlebunchShores, Saddlebunch Key (Smith) LESS THAN FEE PROGRAM) Packet Pg. 1566