Item L2a
lAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: March 19, 2003
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval to purchase property - Cudjoe Acres subdivision.
Item Background: This purchase is proposed to protect property rights and natural resources. Cudjoe
Acres is an unrecorded plat of land on the bays ide of Cudjoe Key located in the National Key Deer
Refuge. The subject property consists of 2 acres of native vegetation (low hammock and wetlands)
zoned Suburban Residential (SR). The parcel has insufficient upland area to meet the density
requirements necessary to build a single-family house and would score poorly in ROGO due to
environmental sensitivity.
Land stewardship needs for this property are anticipated to be low. There is a possibility the Land
Authority could convey the property to the federal government for management by the US Fish and
Wildlife Service at a future date.
The Land Authority's standard purchase contract will be used for this transaction. The agenda packet
spreadsheet lists the legal description, purchase price, and estimated closing costs.
Advisory Committee Action: On February 26,2003 the Advisory Committee voted 4/0 to approve the
proposed purchase.
Previous Governing Board Action: The Board has approved the purchase of other properties in this
subdivision.
Contract/Agreement Changes: NIA
Staff Recommendation: Approval.
Total Cost: $ 20,069.00
Budgeted: Yes ~ No
Cost to land Authority: $ 20,069.00
Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney ~
Executive Director Approval:
County Land Steward L.
~l ~~~
Documentation: Included: X
To Follow:
Not Required:
Disposition:
Agenda Item LA #2a
.
Property
Unrecorded Plat of
Cudjoe Acres
Parcel F
RE#00115510-002700
(Jones)
Purchase
Price
$17.000.00
PURCHASE CONTRACTS
03119103
Envr. Audit, Survey
or Clean-up
$2,500.00
Title
Insurance
$200.00
1 of 1
Attorney
Fee
$250.00
Recording
Fee
$119.00
Acquisition
Total
$20,069.00
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