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Item E2b LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: March 20, 2002 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval to purchase property with Preservation 2000 funds - Tropical Coral Reef Estates subdivision. Item Background: The Village of Islamorada nominated this property for purchase as a conservation area as part of the Plantation Key Median Hammocks project. The subject property consists of 0.5 acre of tropical hardwood hammock near MM 89 in the median on Plantation Key. Under the proposed transactions, the Land Authority will enter into the proposed interlocal agreement with the Village, purchase the subject property using the Land Authority's standard purchase contract, donate the subject property to the Village, and retain a conservation easement. The conservation easement limits future use of the property to conservation and recreation, prohibits most types of development, and requires that the property be maintained free of invasive exotic plants. 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 agenda packet spreadsheet lists the legal description, purchase price, and closing costs for this transaction. Advisory Committee Action: On 2/19/02 the Advisory Committee voted 4/0 to approve this purchase. Previous Governing Board Action: On 9/20/01 the Board approved purchasing the adjoining property in a similar transaction. Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ 52,643.50 Budgeted: Yes X No Cost to Land Authority: $ 52,643.50 . Approved By: Attorney ~ OM B/Purchasing Risk Management Executive Director Approval: ~'~0--- . ark J. Rosch Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #2b Property Tropical Coral Reef Est. (PB 6-8) Lot 2 (Cullen) Purchase Price $50,000.00 PURCHASE CONTRACTS 03/20102 Envr. Audit, Survey or Clean-up $2,000.00 1 of 1 Title Insurance $387.50 Attorney Fee $250.00 Recording Fee $6.00 Acquisition Total $52,643.50 MONROE COUNTY LAND AUTHORITYNILLAGE OF ISLAMORADA INTERLOCAL AGREEMENT PLANTATION KEY MEDIAN HAMMOCKS THIS INTERLOCAL AGREEMENT (the "Agreement"), is made and entered into this _ day of ,20_, by and between the Monroe County Comprehensive Plan Land Authority, a land authority established pursuant to section 380.0661, Florida Statutes, hereinafter referred to as "Land Authority," and Islamorada, Village of Islands, Florida, a municipal corporation of the State of Florida, hereinafter referred to as "Village." WHEREAS, the Village incorporated on December 31, 1997 and is located within the Florida Keys Area of Critical State Concern; and WHEREAS, the Village has nominated the property identified in Attachment A (hereinafter "subject property") for acquisition by the Land Authority for the purpose of providing land for conservation and public recreation; and WHEREAS, the property in Attachment A is subject to the rate growth controls established by the Islamorada Comprehensive Plan, including Objective 1-3.1 and associated policies; and WHEREAS, in accordance with the Village's nomination, the Land Authority has entered into a contract to purchase the subject property; and WHEREAS, the Land Authority's purchase contract is contingent upon the Village accepting title to the subject property from the Land Authority and granting a conservation easement to the Land Authority at closing; and WHEREAS, the purpose of the conservation easement is to insure future use of the subject property is consistent with the Land Authority's enabling legislation and the restrictions associated with Preservation 2000 bond proceeds. NOW THEREFORE, the Monroe County Comprehensive Plan Land Authority hereby agrees to convey the subject property to Islamorada, Village of Islands at closing and Islamorada, Village of Islands does hereby agree to simultaneously grant the conservation easement identified in Attachment B to the Monroe County Comprehensive Plan Land Authority. The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its CHAIRMAN, has executed this agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of 20_. Page 1 of 2 ATTEST: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) By: Mark J. Rosch, Executive Director Nora Williams, Chairman Approved for Legal Sufficiency Larry R. Erskine The ISLAMORADA, VILLAGE OF ISLANDS, acting by and through its MAYOR, has executed this agreement on behalf of ISLAMORADA, VILLAGE OF ISLANDS this day of ,20_. ATTEST: ISLAMORADA, VILLAGE OF ISLANDS (Seal) By: Village Clerk Mayor Approved for Legal Sufficiency Page 2 of 2 ATTACHMENT A Plantation Key Median Hammocks, Plantation Key Lot 2, Tropical Coral Reef Estates as recorded in Plat Book 6 at Page 8, all in the Public Records of Monroe County, Florida. RE# 00419295-000200 ATTACHMENT B GRANT OF CONSERVATION EASEMENT THIS GRANT OF EASEMENT is made on this day of , 20_, by Islamorada, Village of Islands, Florida, a municipal corporation of the State of Florida, of PO Box 568, Islamorada, Florida 33036, Grantor, to Monroe County Comprehensive Plan Land Authority, a land authority under Section 380.0663 (1), Florida Statutes and Monroe County Ordinance No. 031-1986, whose address is 1200 Truman Avenue, Suite 207, Key West, Florida 33040, as Grantee. Recitals A) The Grantor is the owner of certain real property (the servient estate) located in Monroe County, Florida, more particularly described in Attachment A. B) This easement is a conservation easement created pursuant to Section 704.06, Florida Statutes, and is to be governed by, construed, and enforced in accordance with that statute along with applicable laws of the State of Florida. 1. Grant of easement. In consideration for the sum of Ten and 00/100 Dollars ($10.00) and other good and valuable considerations to said Grantor in hand paid by said Grantee, the receipt of which is hereby acknowledged, the Grantor hereby grants to Grantee the easement described below. 2. Easement area. The location of the easement area on the servient estate is as follows: all of that property described in Attachment A. 3. Restraints imposed by the conservation easement. The subject property was purchased with Preservation 2000 bond proceeds. The conservation easement granted by this instrument imposes the following restrictions on the future use of the servient estate within the easement area: a) No uses other than conservation and public recreation. b) No lease or conveyance of any property interest, including but not limited to transferable development rights of any kind. c) No revenue generating activities. d) No use by any person other than in such person's capacity as a member of the general public or as an employee of the Village of Islamorada. e) No management contracts with any party other than the State of Florida without the express written consent of the Grantee. f) No use as security for any debt. g) No construction or placing of buildings, roads, billboards or other advertising, or utilities on or above the ground. h) No dumping or placing of soil or other substance or material as landfill or dumping or placing of trash, waste, or unsightly or offensive materials. i) No removal or destruction of trees, shrubs, or other vegetation except non-native species. j) No excavation, dredging, or removal of loam, peat, gravel, soil, rock, or other material substance in such manner as to affect the surface. Page 1 of 3 k) No surface use except for purposes that permit the land or water area to remain predominately in its natural condition. I) No activities detrimental to drainage, flood control, water conservation, erosion control, soil conservation, or fish and wildlife habitat preservation; specifically no suffering, permitting, or allowing invasive exotic species such as Australian pine (spp. Casuarina), Brazilian pepper (Schinus terebinthifolius), or Latherleaf (Colubrina asiatica) to exist. m) No acts or uses detrimental to such retention of land or water areas. 4. Terms and persons bound. This conservation easement is perpetual, runs with the land and is binding on all present and subsequent owners and mortgagees of the servient estate. Grantor represents that the mortgagee(s), if any, whose consent is attached hereto, is (are) the only mortgagee(s) having a security interest in the servient estate. 5. Modification of easement. No modification of this easement is binding unless evidenced in writing and signed by an authorized representative of the Grantee. 6. Attorney's fees. In the event of any controversy, claim or dispute arising under this instrument, the prevailing party shall be entitled to recover reasonable attorney's fees and costs, including appeals. 7. Entry of Grantee's representative on the servient estate. The Grantee may enter upon the servient estate, after first furnishing the Grantor no less than 24 hours notice, for the purpose of inspection to determine the Grantor's compliance with this Grant of Easement. 8. Notice. Any notice provided for or concerning this grant of easement must be in writing and is sufficiently given when sent by certified or registered mail, or via an equivalent service furnished by a private carrier, to the respective address of each party as set forth at the beginning of this Grant of Easement. IN WITNESS WHEREOF, each party to this Grant of Easement has caused it to be executed on the date in the first sentence of this Grant of Easement. Islamorada, Village of Islands Grantor Witness By: Witness Page 2 of 3 STATE OF FLORIDA) SS: COUNTY OF MONROE) The foregoing instrument was acknowledged before me this day of , 20_ by , MAYOR of ISLAMORADA, VILLAGE OF ISLANDS, who (check one) [ ] is personally known to me or [ ] has produced a Florida drivers license as identification. Notary Public, State of Florida My commission expires: Print Name: Page 3 of 3 00 ~5 U~ o <{z Q::S C:z 0- ...J<{ u..~ ~ J <{ ~~ om li o Uz ~j] ~g w m c:~ w::> o..U g,~C ~ Q I, , - ~..~ ss ---- ' ........ -:' S'f/" ...... .. "'; ...... " ........ 'L .. ...... .. ,'........ ........ - - - - - " ........ .... ~ 4lt " ........... , ........ " ~~ , .... . , Mile Marker 89 Island PLANTATION Property TROPICAL CORAL REEF & KEY HEIGHTS. SEC. 1