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Item H08 I/9 BOARD OF COUNTY COMMISSIONERS C ounty of M onroe Mayor David Rice, District 4 Mayor Pro Tem Craig Cates, District 1 The Florida Keys Michelle Coldiron, District 2 Vacant, District 3 Holly Merrill Raschein, District 5 County Commission Meeting April 20, 2022 Agenda Item Number: H.8 Agenda Item Summary #10460 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Christine Hurley (305) 295-5180 9:25 A.M. Land Authority AGENDA ITEM WORDING: Approval of a resolution authorizing the purchase of property at the corner of Cross Way and West Circle Drive on the ocean side of Saddlebunch Key near MM 14 with a legal description of Lots 3 and 4, Block 3, Bay Point Amended Plat (PB 3-75) with parcel ID numbers 00160160-000000 and 00160170-000000 for public recreational facilities and potentially for affordable workforce housing/employee housing; and authorizing the conveyance of the property to Monroe County subject to a Land Use Restriction Agreement (LURA). ITEM BACKGROUND: This acquisition is proposed as an addition to Bay Point Park and potentially for affordable workforce housing/employee housing units. The subject property consists of two adjoining lots totaling 19,710 square feet at the corner of Cross Way and West Circle Drive on the ocean side of Saddlebunch Key near mile marker 14. The property attributes are: !Tier designation: Tier 3 Infill Area. !Zoning designation: Suburban Commercial (SC). !Vegetation: Disturbed habitat with a mix of exotic and native vegetation. !Sea Level Rise: The Southeast Florida Regional Climate Change Compact sea level rise projection for the period from 2000 to 2070 is 21 to 54 inches. In the event of a 12-inch increase in sea level, estimates provided by the South Florida Water Management District indicate a small portion (approximately 1,800 square feet) of this property will have a 75% to 100% probability of being inundated. !Acquisition List qualification: In a separate agenda item the Board will consider adding the subject property to the Acquisition List. Qbdlfu!Qh/!2661 I/9 !Florida Forever Boundary: This property is outside the Florida Forever boundary. !Transferrable Development Rights (TDRs): 1 TDR The property owner has agreed to sell the property for the price of $500,000. The estimated closing costs for this transaction are listed in the agenda documentation. ADVISORY COMMITTEE ACTION: On March 30, 2022 the Committee voted 3/0 to recommend approval of the resolution. PREVIOUS RELEVANT GOVERNING BOARD ACTION: None. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Proposed Resolution Closing Costs/Aerial Photo/Purchase Agreement 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: Qbdlfu!Qh/!2662 I/9 Mark Rosch Completed 04/04/2022 1:35 PM Christine Hurley Completed 04/04/2022 1:41 PM Lindsey Ballard Completed 04/04/2022 4:38 PM Board of County Commissioners Pending 04/20/2022 9:00 AM Qbdlfu!Qh/!2663 I/9/b Buubdinfou;!Qspqptfe!Sftpmvujpo!!)Cmpdl!4-!Mput!4!boe!5-!Cbz!Qpjou!Bnfoefe!Qmbu-!Tbeemfcvodi!Lfz!)Sftpmvujpo0Bggpsebcmf!Ipvtjoh** Qbdlfu!Qh/!2664 I/9/b wbdbou Buubdinfou;!Qspqptfe!Sftpmvujpo!!)Cmpdl!4-!Mput!4!boe!5-!Cbz!Qpjou!Bnfoefe!Qmbu-!Tbeemfcvodi!Lfz!)Sftpmvujpo0Bggpsebcmf!Ipvtjoh** Qbdlfu!Qh/!2665 I/9/b Buubdinfou;!Qspqptfe!Sftpmvujpo!!)Cmpdl!4-!Mput!4!boe!5-!Cbz!Qpjou!Bnfoefe!Qmbu-!Tbeemfcvodi!Lfz!)Sftpmvujpo0Bggpsebcmf!Ipvtjoh** Qbdlfu!Qh/!2666 I/9/b et seq. 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