Item I2
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: December 15. 2004
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval of minutes for the November 17,2004 meeting.
Item Background: None.
Advisory Committee Action: N/A
Previous Governing Board Action: None.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval.
Total Cost: $
Budgeted: Yes _ No
Cost to Land Authority: $ Source of Funds:
Approved By: Attorney _ County Land Steward _'
Executive Director Approval: ~ ~
. (1~Ch
Documentation: Included: ~
To Follow:
Not Required:
Disposition:
Agenda Item LA #2
MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY
GOVERNING BOARD
November 17, 2004 Meeting Minutes
The Governing Board of the Monroe County Comprehensive Plan Land Authority held a regular
meeting on Wednesday, November 17, 2004 at the Key Largo Library located at 101485
Overseas Highway, Key Largo, Florida. Chairman David Rice called the meeting to order at
10:09 AM. Present at the meeting, in addition to Chairman Rice, were Commissioner Sonny
McCoy, Commissioner Murray Nelson, Commissioner George Neugent, and Mayor Dixie
Spehar. Also in attendance were Executive Director Mark Rosch, Counsel Larry Erskine, Office
Manager Kimberly Nystrom, and members of the press and public.
The first item on the agenda was approval of minutes for the October 20, 2004 meeting. A
motion was made by Commissioner Neugent and seconded by Commissioner McCoy to
approve the minutes as submitted. There being no objections, the motion carried (5/0).
The next item was approval of an addendum to lease renewal agreement concerning the
acquisition of Tract C, Porpoise Point Section 4, Big Coppitt Key as an affordable housing site,
Mr. Rosch and Habitat for Humanity representatives James Smith and Bill Loewy addressed the
Board. A motion was made by Commissioner Neugent and seconded by Mayor Spehar to hold
a workshop on methods to keep housing affordable for the long term. There being no
objections, the motion carried (5/0). A motion was made by Commissioner Neugent and
seconded by Commissioner Nelson to approve the agenda item (the lease addendum) as
submitted. There being no objections, the motion carried (5/0). Mr. Rosch asked if there were
any objections to proceeding with the scheduled closing for the purchase of the subject
property. There were no objections from the Board.
The next item was approval of a resolution authorizing the purchase and conveyance of
Seacrest Apartments in Marathon in partnership with the Middle Keys Community Land Trust,
Inc. Staff distributed appraisal information to the Board. Mr. Rosch and Mr. Erskine addressed
the Board. A motion was made by Commissioner Neugent and seconded by Commissioner
Nelson to approve the item, with the addition of the word "substantially" to Section 1 as follows:
The Governing Board finds that the $1,460,000 purchase price does not
substantially exceed the average of two appraisals commissioned by the Land
Authority.
There being no objections, the motion carried (5/0).
Mr. Rosch then reported that the developers of Tradewinds Hammocks Phase II have obtained
the Planning Commission's approval to build homeownership rather than rental housing. Mr.
Rosch relayed Peter Rosasco's commitment to repay the Land Authority's mortgage in 7 to 10
days.
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There being no further business, the meeting was adjourned at 10:45 AM.
MO':; ~O~ 0--.
Executive Director
Minutes prepared by:
Approved by the Board on:
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