Item M02
BOARD OF COUNTY COMMISSIONERS
AGENDAITEMSU~ARY
Meeting Date: June 15,2005
Division:
BOCCI
Bulk Item: Yes
No
Department: BOCC 1
Staff Contact Person: J ana J ohnson- Willi
AGENDA ITEM WORDING: Approval for resolution of Board of County Commissioners of
Monroe County extending joint stipulated settlement agreement governing development on Shark Key.
ITEM BACKGROUND: On June 30, 1995 the Circuit Court of Monroe County entered a stipulated
final judgment approving a joint stipulated settlement agreement among Shark Key Development
Corp., Monroe County and DCA governing development on Shark Key and had a growth period of ten
years. Out of the lots permitted there are eight remaining lots to be developed and it is requested that
we extend this agreement for four years awarding two permits per year. The purpose of this resolution
is to spread out development on Shark Key over a longer period of time so as to not use up Lower Keys
RaGa units. At the end of the fourth year if not all eight units have been applied for they will be lost
and there will be no further extensions.
PREVIOUS RELEVANT BOCC ACTION:
CONTRACT/AGREEMENT CHANGES:
STAFF RECOMMENDATIONS:
TOTAL COST:
BUDGETED: Yes
No
COST TO COUNTY:
SOURCE OF FUNDS:
REVENUE PRODUCING: Yes
No
AMOUNTPERMONTH_ Year
APPROVED BY: County Atty _ OMBlPurchasing _ Risk Management_
DIVISION DIRECTOR APPROVAL:
DOCUMENTATION:
Included to follow
Not Required_
DISPOSITION:
AGENDA ITEM #
Revised 2/05
(SEAL)
Attest: DANNY L.KOLHAGE, Clerk
By
Deputy Clerk
BOARD OF COUNTY CO:M:rvfiSSIONERS
OF MONROE COUNTY, FLORIDA
By
Mayor/Chairperson
, ..
EXHIBIT ~'A!!..
SHARK KEY DEVELOPl\tIENT
Legal Description ofSbark Key Property
Lots 1 and 8 of Block 3; Lots 1, 2, and 4 of Block 4; Lots 9,10 and 16 of Block 5
of the SHARK KEY SUBDIVISION as recorded in the Amended and revised Plat
of Shark Key, Plat Book 7, page 49, as recorded in the Public Records of Monroe
County, Florida.
TOTAL:
Block 3: 2
Block 4: 3
Block 5: 1
Total Lots: 8