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Item K3 LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: December 1S, 2002 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval to terminate the contract with Coral Key Village Inc. for the purchase of a vacuum/pump station site on the oceanside of Conch Key. Item Background: On April 17, 2002 the Board approved a contract to purchase a 60' x SO' parcel (0.1 acre), together with a blanket utility easement, on the oceanside of Conch Key from Coral Key Village Inc. The contract purchase price is $19,200. At the time the parcel was proposed as a vacuum/pump station site in conjunction with a separate wastewater treatment plant site. Since that time, the BOCC has selected a right-of-way parcel on the bays ide of Conch Key as the preferred treatment plant site, the Florida Department of Transportation has agreed to convey the selected bayside property to the BOCC, and the Florida Keys Aqueduct Authority staff has provided notice that the FOOT parcel is of sufficient size to accommodate both the treatment plant and vacuum/pump station. Based on the determination that the oceanside parcel is no longer necessary, staff recommends that the Board terminate the purchase contract once the FOOT conveys the bays ide parcel to the BOCC. Advisory Committee Action: To be considered on January 27,2002. Previous Governing Board Action: See above. Contract/Agreement Changes: None. Recommendation: Approval, subject to 1) approval by the Advisory Committee and 2) FOOT conveyance of the bayside parcel to the BOCC. Budgeted: Yes No Total Cost: $ N/A Cost to land Authority: $ N/A Approved By: Attorney.-L OM B/Purchasing Risk Management Executive Director Approval: ~~ Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #3 FLORIDA BAY FLORIDA BAY - ,,- \ \ , , , , , , , , , , , '- - STRAITS OF FLORIDA