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Item K2a LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: June 19, 2002 Bulk Item: Yes No X Department: land Authority Agenda Item Wording: Approval of contracts to purchase property - Big Pine Key CARL acreage (RE #110500). Item Background: This item is proposed to protect property rights and natural resources and to acquire property in CARL projects as required by the Comprehensive Plan Work Program. The subject property consists of approximately one acre of mangrove vegetation fronting US 1 on Big Pine Key at MM 32. The property is within the State Conservation and Recreation lands (CARL) project and the National Key Deer Refuge. The parcel is zoned Native Area (NA) and would score poorly in RaGa due to its environmental sensitivity. If available, 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. Otherwise, funding will come from the land Authority's local revenues with the possibility for future resale to the State. The land Authority's standard purchase contract will be used. The agenda packet spreadsheet lists the legal description, purchase price, and anticipated closing costs for this transaction. Advisory Committee Action: On May 21, 2002 the Advisory Committee voted 3/0 to approve this purchase. Previous Governing Board Action: The Board has approved the purchase of many parcels in the CARL project on Big Pine Key. Contract/Agreement Changes: N/A Staff Recommendation: Approval. Total Cost: $ 2,656.00 Budgeted: Yes X No Cost to Land Authority: $ 2,656.00 . Approved By: Attorney ~ OM B/Purchasing Risk Management Executive Director Approval: ~'~~h Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item lA #2a Property Big Pine Key Acreage RE#00110500-000000 (Sawyer) Purchase Price $2,200.00 PURCHASE CONTRACTS 06/19/02 Envr. Audit, Survey or Clean-up N/A 1 of 1 Title Insurance $200.00 Attorney Fee $250.00 Recording Fee $6.00 Acquisition Total $2,656.00 <{ ~~ Oal ...J u.. w P~fu z::,,: o z <{ o c:: o ...J u.. u.. o en t:: g; ~ :Ell) :EN w Qfu 0::,,: ::> o :Ell) :E.... \ \ \ \ - -\ ...\ ,. .' 17 _\ Mile Marker 31.6 Island Big Pine Key Property Name Sawyer (REIOOl10500)