Item L2c
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 - Windward Beach Estates subdivision.
Item Background: This item is proposed to protect property rights and natural resources. Windward
Beach Estates is a sparsely developed subdivision located on the bayside of Little Torch Key. Most of
the western portion of this subdivision lacks paved roads, water lines, and power lines and is therefore
zoned Native Area (NA). The vegetation in this area is a mixture of tropical hardwood hammock and
wetlands. All the lots in this area are too small to meet the density requirements necessary to build a
single-family house and would score poorly in RaGa due to environmental sensitivity. Most of the
wetland lots have the additional constraint of being subject to a 100% open space ratio. In light of the
hardship these regulations pose to property owners and the need to protect the area's natural
resources, staff recommends offering to purchase the vacant lots zoned NA and/or those west of
Grenada Drive (approximately 124 lots). Following initial measures to remove solid waste and invasive
exotic plants, land stewardship needs for this site are anticipated to be low.
The Land Authority's standard purchase contract will be used for these transactions. The agenda
packet spreadsheet lists the maximum costs in the event all the vacant lot owners wish to sell. The
actual costs will depend upon the number of willing sellers.
Advisory Committee Action: On February 26, 2003 the Advisory Committee voted 4/0 to approve
making purchase offers of 115% of the 1986 assessed value for the non-mangrove lots and $500 per
lot for the lots consisting of over 50% mangrove vegetation.
Previous Governing Board Action: None.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval.
Total Cost: not to exceed $500,000.00
Budgeted: Yes ~ No
Cost to Land Authority: $ 500,000.00
Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney ~
Executive Director Approval:
County Lant !':~a: ~.
\ · ~ark J. Rosch
Documentation: Included: X
To Follow: X
Not Required:
Disposition:
Agenda Item LA #2c
Property
Purchase
Price
Windward Beach Estates (PB 4-131)
60 Ownerships /124 Lots $470,140.00
PURCHASE CONTRACTS
03/19/03
Envr. Audit, Survey
or Clean-up
$2,500.00
Title
Insurance
$12,000.00
1 of 1
Attorney
Fee
$15,000.00
Recording
Fee
$360.00
Acquisition
Total
$500,000.00
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//
Mile Marker
28.2
Island
LITTLE TORCH
Property
WINDWARD BEACH ESTATES