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Item J7a LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: April 17, 2002 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval of contracts to purchase property - Conch Key subdivision (wastewater pump station site). Item Background: This item is proposed to assist in implementing the Comprehensive Plan requirement for wastewater facilities in the Middle Keys. The Land Authority has been requested to pre-acquire a pump station site on Conch Key for ultimate conveyance to either Monroe County or the Florida Keys Aqueduct Authority (FKAA). Staff has coordinated with the FKAA on the site location and has negotiated an agreement with Coral Key Village Homeowners Association for the purchase of a 60' x 80' parcel (0.1 acre) fronting US 1 on the oceanside of Conch Key, together with the necessary easements. The parcel is zoned Commercial Fishing Special District 16. The agenda packet spreadsheet lists the purchase price and anticipated closing costs for this transaction. Advisory Committee Action: On 1/22/02 the Advisory Committee voted 5/0 to approve this purchase. Previous Governing Board Action: None. Contract/Agreement Changes: N/A Staff Recommendation: Approval Budgeted: Yes X No Total Cost: $22,671.00 Cost to Land Authority: $22,671.00 . Approved By: Attorney OMS/Purchasing Risk Management Executive Director Approval: ~ 'JJ~= Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #7 a Property Conch Key Subdivision Part of RE# 00099000 (Coral Key Village, Inc.) Purchase Price $19,200.00 PURCHASE CONTRACTS 04/17/02 Envr. Audit, Survey or Clean-up Title Insurance $3,000.00 $215.00 1 of 1 Attorney Fee $250.00 Recording Fee $6.00 Acquisition Total $22,671.00 FLORIDA BAY - ......- \ \ \ \ \ \ \ \ \ \ \ \ \ \- - - - \ \ Mile Marker 63 Island Conch Key Property Wastewater Pump Station Site