Item K3c
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: April 16, 2003
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval to purchase property - Summerland Estates subdivision.
Item Background: This item is proposed to protect property rights and natural resources. The subject
property consists of 5 acres of tropical hardwood hammock and wetlands zoned Suburban Residential
(SR) on Ocean Drive on Summerland Key. The property would score poorly in ROGO due to
environmental sensitivity. It is the largest remaining parcel of undeveloped hammock on Summerland
Key.
Land stewardship needs for this property are anticipated to be low.
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: In January 2002 the Board approved purchasing an adjoining lot
in order to provide administrative relief to a ROGO applicant.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval.
Total Cost: $ 101,169.50
Budgeted: Yes ~ No
Cost to land Authority: $ 101,169.50
Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney ~ County Land Steward ~.
~ ~OSCh
Executive Director Approval:
Documentation: Included: X
To Follow:
Not Required:
Disposition:
Agenda Item LA #3c
Property
Summerland Estates (PB 2-167)
Part of south 112 of Lot 6
RE# 00200550-000000
(Curtin, et al)
Purchase
Price
$95,000,00
PURCHASE CONTRACTS
04116103
Envr Audit, Survey
or Clean-up
Title
Insurance
$5,000.00
$675,00
1 of 1
Attorney
Fee
$475,00
Recording
Fee
$19.50
Acquisition
Total
$101,169,50
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Mile Marker
Property Name
25.1
Summer land
Island
Summer land Beach, Addition 2 and Summer land Estates
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