Item P14 P.14
BOARD OF COUNTY COMMISSIONERS
County of Monroe Mayor Sylvia Murphy,District 5
The Florida Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1
�pw° Michelle Coldiron,District 2
Heather Carruthers,District 3
David Rice,District 4
County Commission Meeting
September 18, 2019
Agenda Item Number: P.14
Agenda Item Summary #6017
BULK ITEM: Yes DEPARTMENT: County Attorney's Office
TIME APPROXIMATE: STAFF CONTACT: Paunece Scull (305) 295-3170
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AGENDA ITEM WORDING: Approval of a contract to purchase a less than fee interest in Block,
5, Lot 5, Tropical Bay Third Addition (PB 5-81) with parcel number 00313590-000000 and a
purchase price of$63,504 for density reduction purposes.
ITEM BACKGROUND: This acquisition is proposed pursuant to BOCC Resolution 438-2018 (the
Less Than Fee Acquisition Program) to protect property rights, to reduce density, and to reduce the
County's potential liability for takings suits.
The subject property consists of a 7,938 square foot canal lot on Flamingo Lane on the bay side of
Big Pine Key near mile marker 30. The property is designated Tier 2 — Transition and Sprawl Area
and is zoned Improved Subdivision. The property is a mowed lot with a mangrove fringe and no
accessory structures.
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 owner has agreed to retire the
development rights for dwelling units and detached habitable space on the property. The purchase
price for this less than fee interest is $63,504, which is the 2018 market land value indicated on the
Monroe County Property Appraiser's website. The estimated closing costs for this transaction will
be approximately $1,250.
Once the proposed transaction closes, the Seller will continue to own the lot and may use it in
conjuction with his existing house on his 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 County's potential exposure to property rights' related
lawsuits through voluntary purchases.
CONTRACT/AGREEMENT CHANGES:
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P.14
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STAFF RECOMMENDATION: Approval
DOCUMENTATION:
STAMPED EXECUTED RosascoContract 9 3 19
RosascoMCPAData
FINANCIAL IMPACT:
Effective Date: September 18, 2019
Expiration Date: None
Total Dollar Value of Contract: $63,504.00 plus estimated closing costs of$1,250.00
Total Cost to County: $64,754.00
Current Year Portion: $64,754.00
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: $63,504.00 plus closing costs estimated to be approximately $1,250.00
None
09/18/19 NEW COST CENTER ADDED $64,754.00
REVIEWED BY:
Charles Pattison Completed 08/29/2019 2:47 PM
Paunece Scull Completed 08/29/2019 3:18 PM
Budget and Finance Completed 09/03/2019 12:15 PM
Maria Slavik Completed 09/03/2019 12:59 PM
Kathy Peters Completed 09/03/2019 1:28 PM
Board of County Commissioners Pending 09/18/2019 9:00 AM
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AGREEMENT FOR THE PURCHASE OF LESS THAN FEE INTEREST IN LANDS
THIS AGREEMENT is made and entered into this day of 2019, by
and between W
Peter L. Rosasco, Jr., also known as Peter Rosasco
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(hereinafter "Seller(s)"), for themselves, their heirs, executors, administrators, successors and 0
assigns, and MONROE COUNTY, FLORIDA(hereinafter"COUNTY").
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WITNESSETH:
1. The Seller(s) represent they are the owners of the following parcel (hereinafter "Primary Parcel")
thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida,
that is currently developed with a residential dwelling unit and is more particularly described as
follows; to-wit:
Block 5, Lot 4, Tropical Bay Third Addition (PB 5-81) .2
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RE#00313580-000000 The Seller(s) represent they are also the owners of the following parcel (hereinafter "Secondary L6
Parcel") thereunto belonging, owned by them, situate and lying in the County of Monroe, State of 0
Florida, that borders the Primary Parcel and is currently not developed with a residential dwelling -J
unit or any other habitable space and is more particularly described as follows; to-wit: L6
Block 5, Lot 5, Tropical Bay Third Addition (PB 5-81)
RE#00313590-000000
2. In consideration of Ten Dollars ($10.00) in hand, paid by the COUNTY, the receipt of which is
hereby acknowledged, the Seller(s) agree to sell to the COUNTY certain property rights
associated with the Secondary Parcel owned by Seller, upon the terms and conditions hereinafter
set forth, and for the price of $63,504.00. The Seller(s) covenant to surrender, release, relinquish
and transfer any and all of the Seller(s)'s property rights to develop:
a) residential dwelling units; and
b) accessory structures providing detached habitable space
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(hereinafter collectively"Less Than Fee Interest")on the Secondary Parcel. U
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3. The Seller(s) agree that they have full right, power and authority to convey, and that they will U)M
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convey to the COUNTY the Less Than Fee Interest and will simultaneously unify title of the 0
servient estate of the Secondary Parcel with the Primary Parcel, subject to the following conditions
and obligations: W
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The COUNTY, at the COUNTY'S expense, shall have a title report commissioned to allow the U
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COUNTY or its agent to examine all record detail of the ownership and encumbrances (0 & E) X
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affecting title to the Secondary Parcel. The COUNTY may, at its option during the time permitted a
for examination of title, have the Secondary Parcel surveyed and certified by a registered Florida W
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surveyor. If the survey or 0 & E report disclose encroachments on the Secondary Parcel or the
existence of improvements located thereon, or any other restrictions, contract covenants, liens,
transfers of development rights, or applicable governmental regulations, deemed not acceptable to
the COUNTY, the same shall constitute a title defect.
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The COUNTY shall have sixty (60) days from the effective date of this Agreement in which to z
examine the 0 & E of Seller's title. If title is found defective, as determined in the sole discretion
of COUNTY, the COUNTY shall, within this specified time period, notify Seller(s) in writing
specifying defect(s). If the defect(s) render title unacceptable to the COUNTY, the Seller(s) will
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have one hundred twenty (120) days from receipt of notice within which to remove the defect(s).
The Seller(s) will use diligent effort to correct defect(s) in title within the time provided therefore, 0
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including the bringing of necessary suits, failing which the COUNTY shall have the option of either U)
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accepting the title as it then is or rescinding the Agreement herein. 0
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4. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or property C�
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rights associated with the Less Than Fee Interest may be diminished or encumbered while this
Agreement is pending. In the event any such diminution, encumbrance or other impairment
occurs, the COUNTY may, without liability, refuse to accept conveyance of said Less Than Fee
Interest.
5. The Seller(s) further agree that during the period covered by this instrument officers and
accredited agents of the COUNTY shall have at all reasonable times the unrestricted right and
privilege to enter upon the Secondary Parcel for all proper and lawful purposes, including
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examination of the Secondary Parcel and the resources upon it. Nothing herein shall be 0.
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construed to constitute an acceptance of any existing or future code or building violation on the
Primary Parcel or the Secondary Parcel. This provision shall survive closing. The Seller(s) L6
hereby waive their rights to any and all claims against the COUNTY or the State of Florida 0
associated with, or arising from ownership of, the Secondary Parcel and this waiver shall survive _J
closing. L6
6. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the M
COUNTY the following documents conveying to the COUNTY all of Seller's Less Than Fee
Interest in a manner satisfactory to the legal counsel of the COUNTY:
a) Covenant of Unity of Title and Restrictions on Future Development and/or Conveyances T
(hereinafter"Covenant of Unity of Title document")
b) Joinder of Mortgagee(if applicable)
c) Joinder of Non-Mortgagee Encumbrance Holder(if applicable)
d) Grantor's Affidavit of No Encumbrance (if neither b or c above applies)
e) Affidavit of Trustee (if land owned by a Trust)
Application to Monroe County Property Appraiser to Consolidate Real Estate Parcels
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7. In consideration whereof the COUNTY agrees that it will purchase all of said Less Than Fee U
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Interest at the price of $63,604.00. The COUNTY further agrees that after the preparation, 0
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execution, and delivery of the documents enumerated above, and after the legal counsel of the M
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COUNTY shall have approved the documentation releasing the Less Than Fee Interest to be 0
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surrendered to and vested in the COUNTY, it will cause to be paid to the Seller(s) the purchase a
price, less any costs of closing payable by Seller, as set forth below. W
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The COUNTY shall pay the following expenses associated with the conveyance of the Less Than W
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Fee Interest: recording fees for the documents listed in Section 6, settlement fees, 0 & E report W
fees, title examination fees, and the Buyer's attorney's fees. The Seller(s) shall pay the real estate a
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commissions, if any are due. Full transfer, surrender and possession of the development rights
described above shall pass to the COUNTY as of the date payment is made to the Seller(s)
subject only to the reservations stated in Section 2 above.
8. It shall be the obligation of the Seller(s) to pay any assessments outstanding as liens due to the
County at the date the Less Than Fee Interest vests of record in the COUNTY. E
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9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to Z
the Seller(s) by email to the address provided by the Seller(s) or by mail addressed to the Seller(s)
at the following address: (n
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8085 Overseas Highway
Marathon, FIL 33060
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and shall be effective upon date of emailing or mailing and shall be binding upon all of the U)
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Seller(s) without sending a separate notice to each, except as such obligation may be affected by
the provisions of Section 6 herein.
10.The effective date of this Agreement shall be that date when the last one of the Seller(s) and the
COUNTY has signed this Agreement.
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11. If the Seller(s)wishes to proceed with this transaction, the Seller(s) have until July 1, 2019 to sign
and return this Agreement to the COUNTY. This Agreement may be executed in counterparts.
Notwithstanding any provision of this Agreement to the contrary, the obligation of closing of this
transaction is contingent upon approval by the Monroe County Board of County Commissioners,
failing which the COUNTY and the Seller(s) shall release one another of all further obligations
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under this Agreement.
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IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective 0
seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten -j
Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the COUNTY L6
or its authorized representative, or any other office or agent of the COUNTY authorized to purchase
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said Less Than Fee Interest in land, the option and right to enter into this Agreement for Purchase
within ninety (90) days from the execution thereof by the Seller(s), and to purchase the Less Than
Fee Interest as herein provided, providing said Purchase is duly approved by the Monroe County
Board of County Commissioners. 0
Seller/Peter L. Rosasco, Jy., also known as Peter Rosasco
11 q _6 5,kc, i)e Ver,( le- ea,i>c-gn.,
Signature Date Phone Number E ail Address
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Buyer/COUNTY: MONROE COUNTY, FLORIDA 0 0
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KEVIN MAK, CPA, Clerk 0
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By:
Deputy Clerk Sylvia J. Murphy, Mayor
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(Seal) a
Date: W
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PAAJNECE SGULL
SISTA EY
3 AS
DATE: 7777r-
I Packet Pg. 2570
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„r,U Puiblic. "" 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 withint he 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 I 00313590-000000
Account# 1387118 LL
Property I 1387118
Millage Group 100H I�°�� r °,i ii °IV iri
Location VACANT LAN FLAMINGO In,BIG PINE KEY
Address
Legal BK 5 LT 5 TROPICAL BAY 3RD ADDN BIG PINE KEY P135-81 OR543-555 OR689-295 OR1060-
Description 1173Q/C OR1133-1841/43 OR1148-909 OR1415-2503D/C OR1905-2018
(I`duC,:I`4,r[Lo Ih, a,?d on yol d0LUf 1 nCs,)
Neighborhood 585 W
Property Class VACANT RES(0000)
Subdivision TROPICAL BAYADD NO3
Sec/Twp/Rng 14/66/29 0
Affordable No U)
Housing U)
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Owner
ROSASCO PP r PR
8085 Overseas Hwy
Marathon FL 33050
Valuation
2018 2017 2016 2015
+ Market Improvement Value $0 $0 $0 $0
+ Market Misc Value $0 $0 $0 $0
+ Market Land Value $63,504 $45,644 $45,644 $33,737
= Just Market Value $63,504 $45,644 $45,644 $33,737
= Total Assessed Value $37,771 $34,337 $31,215 $28,378 a
- School Exempt Value $0 $0 $0 $0
= School Taxable Value $63,504 $45,644 $45,644 $33,737
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Land
Land Use Number of Units Unit Type Frontage Depth L
RESIDENTIAL CANAL UNPERMITTED(01CM) 7,938.00 Square Foot 0 0
Sales
Sale Date Sale Price Instrument Instrument Number Deed Book Deed Page Sale Qualification Vacantor Improved
6/18/2003 $25,000 Warranty Deed 1905 2018 Q-Qualified Vacant
5/1/1990 $25,000 Warranty Deed 1133 1841 U-Unqualified Vacant
2/1/1977 $7,000 Conversion Code 689 295 Q-Qualified Vacant
View Tax Info
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