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Item P6 P.6 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 January 23, 2019 Agenda Item Number: P.6 Agenda Item Summary #5121 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 Block 1A, Lot 2, Pamela Villa, Key Largo (PB 3-125) with parcel number 00463760-000100 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 . The subject property consists of a 5,350 square foot lot on Palm Drive on the ocean side of Key Largo near mile marker 102. 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 $49,488.00, which is the current market land value indicated on the Monroe for this transaction will be approximately $1,537.50. 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 and to reduce the C lawsuits through voluntary purchases. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval Packet Pg. 1476 P.6 DOCUMENTATION: STAMPED HallContract HallRECard FINANCIAL IMPACT: Effective Date: January 23, 2019 Expiration Date: None Total Dollar Value of Contract: $49,488.00 plus estimated closing costs of $1,537.50 Total Cost to County: $51,025.50 Current Year Portion: $51,025.50 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: $49,488.00 plus closing costs estimated to be approximately $1,537.50 None 01/23/19 NEW COST CENTER ADDED $51,025.50 REVIEWED BY: Charles Pattison Completed 01/08/2019 12:11 PM Bob Shillinger Completed 01/08/2019 12:12 PM Budget and Finance Completed 01/08/2019 12:24 PM Maria Slavik Completed 01/08/2019 12:59 PM Kathy Peters Completed 01/08/2019 1:22 PM Board of County Commissioners Pending 01/23/2019 9:00 AM Packet Pg. 1477 P.6.a Attachment: STAMPED HallContract \[Revision 1\] (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1478 P.6.a Attachment: STAMPED HallContract \[Revision 1\] (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1479 P.6.a Attachment: STAMPED HallContract \[Revision 1\] (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1480 P.6.a Attachment: STAMPED HallContract \[Revision 1\] (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1481 P.6.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 00463760-000100 Account#8862067 Property ID 8862067 Millage Group 500K Location VACANT LAN PALM Dr, KEY LARGO Address Legal BK 1-A LT 2 PAMELA VILLA PB3-125 KEY LARGO OR160-588 OR370-639/40 OR545-422 OR574- Description 568/69 OR925-371DC OR1004-1225/26 OR1005-1336/38WILL OR1026-869/70P/R OR1272- 1052 OR2637-2176/78 OR2651-195/97C OR2672-1829 (Note: Not to be used on legal documents.) Neighborhood 1933 Property Class VACANT RES (0000) Subdivision PAMELA VILLA Sec/Twp/Rng 22/61/39 Affordable No Housing Owner HALL DEVIHALL JR JOSEPH M 541 Palm Dr541 Palm Dr Key Largo FL 33037Key Largo FL 33037 Valuation 2018201720162015 +Market Improvement Value$0$0$0$0 +Market Misc Value$0$0$0$0 +Market Land Value$49,488$49,488$42,800$18,725 =Just Market Value$49,488$49,488$42,800$18,725 =Total Assessed Value$24,923$22,657$20,597$18,725 -School Exempt Value$0$0$0$0 =School Taxable Value$49,488$49,488$42,800$18,725 Land Land UseNumber of UnitsUnit TypeFrontageDepth RESIDENTIAL DRY UNPERMITTED (01DM)5,350.00Square Foot50107 Sales Sale DateSale PriceInstrumentInstrument NumberDeed BookDeed PageSale QualificationVacant or Improved 2/14/2014$30,000Warranty Deed2672182937 - UnqualifiedVacant 8/14/2013$100Warranty Deed265119511 - UnqualifiedVacant 4/16/2013$100Warranty Deed2637217611 - UnqualifiedVacant Photos Attachment: HallRECard (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1482 P.6.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: 12/27/20189:41:03AM Attachment: HallRECard (Block 1A, Lot 2, Pamela Villa, Key Largo (Hall) LESS THAN FEE PROGRAM) Packet Pg. 1483