Item L4b
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: August 20, 2003
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval to purchase property - Dorns subdivision.
Item Background: This purchase is proposed to protect natural resources and property rights. Dorns
is a sparsely developed subdivision on Big Torch Key zoned Improved Subdivision (IS). The lots in this
subdivision would score poorly in ROGO due to the presence of tropical hardwood hammock and
threatened/endangered animal species habitat. The owners of two lots in this subdivision are offering
their property for sale to the Land Authority and the Advisory Committee recommends offering to
purchase the two adjoining lots as well.
Land stewardship needs for these lots are anticipated to be low.
The Land Authority's standard purchase contract will be used for these transactions. The agenda
packet spreadsheet lists the purchase prices and estimated closing costs in the event all the owners
wish to sell. The actual costs will depend upon the number of willing sellers.
Advisory Committee Action: On July 24, 2003 the Advisory Committee voted 3/0 to approve the
proposed purchases.
Previous Governing Board Action: On May 13, 1998 the Board approved the purchase of 4 lots in
Dorns subdivision.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval.
Total Cost: $ 147,180.29
Budgeted: Yes ~ No
Cost to Land Authority: $ 147,180.29
Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney ~ County Land Steward X .
Executive Director Approval:
^I'~OSCh
Documentation: Included: X
To Follow:
Not Required:
Disposition:
Agenda Item LA #4b
PURCHASE CONTRACTS
08120103
Purchase Envr. Audit, Survey Title Attorney Recording Acquisition
Property Price or Clean-up Insurance Fee Fee Total
Dorns Subdivision (PB 4-56)
Lots 13 & 14 $73,758.30 $500.00 $560.00 $368.79 $6.00 $75,193.09
(Hayes)
Lot 15 $31,381.90 $500.00 $284.00 $250.00 $6.00 $32,421.90
(Steinnes)
Big Torch Key Acreage
RE#00112940-000000 37,986.30 $1,000.00 $318.50 $250.00 $10.50 $39,565.30
(Richards)
TOTAL $147,180.29
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