Item C3d
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: April 20, 2000
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval of contracts to purchase property - Doctors Arm subdivision.
Item Background: These purchases are proposed to protect property rights and natural resources.
Doctors Arm subdivision on Big Pine Key is zoned Improved Subdivision (IS), designated Residential
Medium (RM) on the Future Land Use Map, and located in the National Key Deer Refuge. The
vegetation on the subject lots is disturbed. Restrictions imposed by the Comprehensive Plan on this
area include negative points under the rate of growth ordinance (ROGO), a limitation of 8 dwelling units
per year for the Big Pine/No Name Key area, and level of service requirements that have resulted in a
building moratorium for traffic-generating development.
Funding for these purchases will come from the State's Preservation 2000 program, which will restrict
future use of the property to conservation and public recreation. The Land Authority's standard
purchase contract will be used. The current assessed value of the subject property is $18,000 per lot.
The agenda packet spreadsheet lists the legal descriptions, purchase prices, and closing costs for
these transactions.
Advisory Committee Action: On 3/22/00 the Advisory Committee voted 4/0 to approve a purchase
offer of 115% of the 1996 land value for the subject lots.
Previous Governing Board Action: The Governing Board has approved many purchases on Big Pine
Key to address property rights issues.
Staff Recommendation: Approval.
Total Cost: $ 70,114,50
Budgeted: Yes X
No
Cost to Land Authority: $ 70,114.50
Approved By: Attorney ~
OMB/Purchasing
Risk Management
Executive Director Approval:
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Documentation: Included: X
To Follow:
Not Required:
Disposition:
Agenda Item LA #3d
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DOCTORS ARM SUBDIVISION
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