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Item I09 J/: 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 May 18, 2022 Agenda Item Number: I.9 Agenda Item Summary #10567 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 contract to purchase Tier 1 property for conservation Block 3, Lots 6 and 8, Summerland Estates Re-subdivision No. 2, Summerland Key near mile marker 25. ITEM BACKGROUND: This acquisition is proposed to protect property rights and the natural ts. The subject property consists of two lots totaling 12,616 square feet on 45th Street on the ocean side of Summerland Key near mile marker 25. The property attributes are: Tier designation: Tier 1 Natural Area. Zoning designation: Suburban Residential (SR) and Native Area (NA). Vegetation: Tropical hardwood hammock, buttonwood, and exotics. 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 most of this property will have a 25.1% to 74.9% probability of being inundated. Acquisition List qualification: The property qualifies because it is Tier 1. Florida Forever Boundary: This property is outside the Florida Forever boundary. Transferrable Development Rights (TDRs): 0.108 TDRs. Qbdlfu!Qh/!2879 J/: ROGO Dedication Points: 1.5 points The property owner has agreed to sell the property for the price of $34,000. The estimated closing costs for this transaction are listed in the agenda documentation. This property is not within Florida Forever and therefore is not eligible to resell to the State of Florida. ADVISORY COMMITTEE ACTION: On April 27, 2022 the Committee voted 5/0 to approve purchasing this property for the price of $34,000. PREVIOUS RELEVANT GOVERNING BOARD ACTION: The Board has approved the purchase of other conservation properties in this subdivision. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Cost Sheet Aerial Purchase Contract 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: Qbdlfu!Qh/!287: J/: REVIEWED BY: Mark Rosch Completed 05/02/2022 2:43 PM Christine Hurley Completed 05/02/2022 2:51 PM Lindsey Ballard Completed 05/03/2022 1:36 PM Board of County Commissioners Pending 05/18/2022 9:00 AM Qbdlfu!Qh/!2881 J/:/b Buubdinfou;!Dptu!Tiffu!!)Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.tvcejwjtjpo!Op/!3-!Tvnnfsmboe!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2882 J/:/c Bfsjbm!Qipuphsbqi!pg!Tvckfdu!Qspqfsuz Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.Tvcejwjtjpo!Op/!3 Tvnnfsmboe!Lfz Buubdinfou;!Bfsjbm!!)Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.tvcejwjtjpo!Op/!3-!Tvnnfsmboe!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2883 J/:/d Buubdinfou;!Qvsdibtf!Dpousbdu!!)Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.tvcejwjtjpo!Op/!3-!Tvnnfsmboe!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2884 J/:/d Buubdinfou;!Qvsdibtf!Dpousbdu!!)Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.tvcejwjtjpo!Op/!3-!Tvnnfsmboe!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2885 J/:/d Buubdinfou;!Qvsdibtf!Dpousbdu!!)Cmpdl!4-!Mput!7!boe!9-!Tvnnfsmboe!Ftubuft!Sf.tvcejwjtjpo!Op/!3-!Tvnnfsmboe!Lfz!)Dpotfswbujpo** Qbdlfu!Qh/!2886