Item F4 County of Monroe BOARD OF COUNTY COMMISSIONERS
Mayor David Rice,District 4
Mayor Pro Tem Craig Cates,District 1
The Florida Keys '
Y � �F' Michelle Coldiron,District 2
Vacant,District 3
--' Holly Merrill Raschein,District 5
County Commission Meeting
January 21, 2022
Agenda Item Number: F.4
Agenda Item Summary #10093
TO BE DELETED DAY-OF MEETING
BULK ITEM: No DEPARTMENT: Land Authority Governing Board
TIME APPROXIMATE: STAFF CONTACT: Christine Hurley (305) 295-5180
9:15 A.M. Land Authority
AGENDA ITEM WORDING: Approval of a resolution of the Monroe County Comprehensive
Plan Land Authority approving the Option Agreement for sale and purchase of pre-acquired Florida
Forever land described as Lot 6, Block 37, Second Addition to Port Pine Heights on Big Pine Key to
the Board of Trustees of the Internal Improvement Trust Fund; authorizing the Chairman to execute
same; and authorizing the Chairman to execute the deed and associated closing documents.
ITEM BACKGROUND: This resolution is proposed to leverage Land Authority funds and to assist
the State of Florida in acquiring Florida Forever land in the Keys.
The subject property is described as Lot 6, Block 37, Second Addition to Port Pine Heights and is
located at 3634 Blue Lagoon Street on the bay side of Big Pine Key near mile marker 30.
The property is a 5,250 square foot canal lot that is designated Tier 1 — Natural Area, is zoned
Improved Subdivision (IS), and has one Transferable Development Right(TDR).
The Land Authority is serving as a local partner with the Florida Department of Environmental
Protection and has pre-acquired the property at a price of$173,389.80.
The proposed resolution authorizes the Land Authority to sell the property to the Sate for a price of
$37,500,which will result in a net cost share of 78%to the Land Authority.
The estimated closing costs for this transaction are listed in the agenda documentation.
ADVISORY COMMITTEE ACTION: On December 15, 2021 the Committee voted 3/0 to
approve the proposed sale.
PREVIOUS RELEVANT GOVERNING BOARD ACTION: On February 17, 2021 the Board
approved purchasing this property for $173,389.80.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
Resolution
Closing Costs
Aerial of Subject Property
FINANCIAL IMPACT:
Effective Date:
Expiration Date:
Total Dollar Value of Contract:
Total Cost to County:
Current Year Portion:
Budgeted:
Source of Funds:
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: If yes, amount:
Grant:
County Match:
Insurance Required:
Additional Details:
REVIEWED BY:
Mark Rosch Completed 01/03/2022 5:46 PM
Christine Hurley Completed O1/03/2022 7:05 PM
Liz Yongue Completed O1/04/2022 8:51 AM
Board of County Commissioners Pending 01/21/2022 9:00 AM
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