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Item C2c LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: May 18, 2000 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval of contracts to purchase property - Largo City subdivision. Item Background: This purchase is proposed to protect property rights and natural resources. Largo City subdivision on Key Largo is zoned Improved Subdivision (IS) and designated Residential Medium (RM) on the Future Land Use Map. The subdivision abuts the Largo Sound Hammock State CARL property. Property in this subdivision is difficult to develop under the County regulations due to the small size and unusual configuration of the lots, the open space requirements for hammock, and the competition for RaGa allocation awards. Funding for this purchase 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 property's current assessed value is $5,848. The agenda packet spreadsheet lists the legal description, purchase price, and closing costs for this transaction. Advisory Committee Action: On 4/26/00 the Advisory Committee voted 5/0 to approve a purchase price of $6,000 for this property. Previous Governing Board Action: The Governing Board has approved other purchases in this subdivision. Staff Recommendation: Approval. Total Cost: $ 6,456.00 Budgeted: Yes, X No Cost to Land Authority: $ 6,456.00 Approved By: Attorney ~ OMB/Purchasing Risk Management Executive Director Approval: ~'\~~ Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #2c 00 ~5 O~ <(~ Q~ 5z ri~ D ~ C2~ Oeo --I u. ~Z Z~ ~O ~O o w eo ~~ w:::l 0..0 o..w :::l~C ~ Q ~ ::.: <!) ~ o :, {_ ..... · . M - - "[.~(!_- -I.. ;_: ~.: . :':[I:f"I.. ,:".t (IC/ 1/ ",~ ... \:::. ...... M . .. .. _ _ .... . J.. - -... - - - - - .. - M .. ~~"'j, //' ,,;;:j9V/ \ \\!~ _., 1- -~ ___Un _ {",,~ / ,;s$ 'Y L ~-- '-- '3 . . . ....I!!.~ ~I}o~ ~f~!"!"f*- .~ ~:tlli":~~- "illT~.~~ ~0 /<,,~~)')t;t tri:= --A .'" .~ "" -f--- - - -+ -- - /~ /' .,;/J ~ t/ .s;I:!: ............................. .. M - M ..~ / ~ ~ ~ ;- - -- 7-; /// I .. ~ .: -" - . . , . . . ... oo..,.... ~ /// . -- / L ................. ..,........ / 7/ ...;I.....~~.. .}. "W: -:>~ / / . ~......... - . ... ..... ,. ~. // / " / . fi( It // , / -, oawrA A..... ~ / " 1/ ," /: I/.~. · .": .. · .. [~~,/ S-e! \""" --r I · R\ ~1. _ .. .. .. .. .. .. .. .. .. _ _I" .. >/" ',\ pi · ,I 1/ -- ao_ DI"V' r -- :;'. ) ,?g;j .. - . .. .LI, . . . .L . J/ J"~ I . r I '07-1>-> ~ KEY LARGO \ I~] ;:f~/ ; // J .", . · · ~~~. , · . . '1' .~. '1'[' . ~ ~ ~ 3",",", 'TJllQT llYAlI Ava. I ///.. 'f · , "" " · ..... w' 'oo .... .1'1, I . / . ~ . .... ~~L.i ~~ ~ · ""I~ .. -i CA;;.Iol. C>>I.Iol. / .. J'.a: ~ ;:.~~ · · .... tJ ./ ,,~y~ -II; ,,,,,C " · . .. ., L ~ y.., · ,...1I;I.:j · · · · . , · · " ""F . -/-;;1 I }- ... ~ / . · ~ / · /. I . " "~t.~ '" to I" - " H /,,~c .,~/:-).%). ~q.,\:~(l.~I~ . _ : ":.-to ",.,. . ~ ,,/ -/ I I" .. -/" . kS"''-~'~ ... "Z.7. t J t,kt'.., ... ... ~/ It.....,... , /"... ... ~L-' I . / '... ~ ". /.41 · /- i It_ A.,... ~ / S~O~~ /',,,, to.... -- / . ~(' 11-1 . .. / A -7/ .' ~,~/~ ",,/-" :/ ..::.oo j . · . . · . \. "~~1'i" - ~~ COH.Iol. ,/ / . ~ ~"/. · ," --..' ~-.. 'tl"~ .. rr~. / ,,/ . .. t ,OO / / · / - ~. .. - "':~ I~ ~:f ,.. . ", i'::" /.' /" .y '...'" . ""YL"/tO.4.L';l LACaL.u.....I '/' ~ . flo /. / " /'-<::1i / . AN . AI I Y ~ / ~y-. ~ . ~" I ..... ~ : I . //;/ . . .. "" /. 47/. V ~~7 · /. : ;:; · .. . . . . . -, M . · " J . · /. i "7'~~~' ., COH.Iol.OO -l: . · L' / to / / . i II Y/';Z ~ I -,T f~ "/. " .. /. / .7/ · / · / ~ 1 I .. I . . . ,I, . . "I. ~~/ nu.cT. / . / · / · 7 / . / · / ..:~.." . 'A'-" I -0' ','; ., . T. 7 , · ".".", .:L.<.i"- ~r - ----- J J KEY~( /r- if r SR T~ Mile Marker 104.5 Island KEY LARGO Property LARGO CITY