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Item K2b 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 - Harris Ocean Park Estates First Addition. Item Background: This item is proposed to protect property rights and natural resources. The subject property consists of a 5,100 square foot lot of hammock vegetation in Harris Ocean Park Estates First Addition on West Indies Drive in Tavernier. The parcel is zoned Improved Subdivision (IS) and would score poorly in ROGO due to its environmental sensitivity. The property will be managed by the County as a conservation area together with the Land Authority's prior acquisitions in the adjoining subdivisions of Palma Sola and Harris Ocean Park Estates (original plat). 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. 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: None in this subdivision. Contract/Agreement Changes: N/A Staff Recommendation: Approval. Total Cost: $ 8,956.00 Budgeted: Yes X No Cost to Land Authority: $ 8,956.00 . Approved By: Attorney ~ OMS/Purchasing Risk Management Executive Director Approval: ~. ~a~h Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #2b Property Purchase Price Harris Ocean Park Estates, First Addition Block 9, Lot 9 $8,500.00 (Monaghan) 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 $8,956.00 ~ ~~~ , g:<{ ~ 00 ~~ 00 U') o <{z Q~ C::z 0- ....J<{ IJ..L J <{ ~~ Om Ii Oz ~~ ~g a UJ m C::L w::> n..O ~~() L Q. ~ o ~ 11 : '4 1.1 " " '" .. II .. f1l ~",t> -&\"" ~\'f.,~'f.,~ ~~~~'i KEY LARGO NA ATLANTIC OCEAN Mile Marker 93 Island Key Largo Property Tavernier Greenspace Palma Sola and Harris Ocean Park Est., 1st Addition and Ocean Park Village