Item C2c
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: May 17,2001
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval to purchase property with Preservation 2000 funds - Cudjoe Acres
subdivision.
Item Background: These purchases are proposed to protect property rights and natural resources.
The unrecorded plat of Cudjoe Acres on Cudjoe Key is zoned Suburban Residential (SR) and
designated Residential Low (RL) on the Future Land Use Map. The subdivision is located in the
National Key Deer Refuge. Individual lots in this subdivision are too small to meet the two-acre upland
minimum necessary to build a single-family home. The property's upland vegetation consists of tropical
hardwood hammock and would therefore score poorly in the ROGO.
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 agenda packet spreadsheet lists the legal descriptions, purchase
prices, and closing costs for these transactions.
Advisory Committee Action: On April 26, 2001 the Advisory Committee voted 5/0 to approve these
acquisitions.
Previous Governing Board Action: The Board has approved the purchase of other parcels in this
subdivision.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval
Total Cost: $ 28,922.55
Budgeted: Yes X
No
Cost to Land Authority: $ 28,922.55 .
Approved By: Attorney ~
OMB/Purchasing
^1'~~R=-
Risk Management
Executive Director Approval:
Documentation: Included:
To Follow: X
Not Required:
Disposition:
Agenda Item LA #2c
PURCHASE CONTRACTS
05/17/01
Purchase Envr. Audit, Survey Title Attorney Recording Acquisition
Property Price or Clean-up Insurance Fee Fee Total
Unrecorded Plat of Cudjoe Acres
Parcel N $14,061.05 N/A $200.00 $250.00 $6.00 $14,517.05
(Gospodinoff)
Parcel 0 $13,949.50 N/A $200.00 $250.00 $6.00 $14,405.50
(Phillips)
Totals $28,010.55 $400.00 $500.00 $12.00 $28,922.55
.
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