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Item G05 G.5 Coty f � ,�� ,' BOARD OF COUNTY COMMISSIONERS �� Mayor David Rice,District 4 The Florida Keys � Mayor Pro Tem Craig Cates,District 1 y Michelle Coldiron,District 2 James K.Scholl,District 3 Ij Holly Merrill Raschein,District 5 County Commission Meeting June 15, 2022 Agenda Item Number: G.5 Agenda Item Summary #10667 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 Block 1, Lots 8 and 9, Amended Plat of The Ladies Acre, Little Torch Key for affordable housing and the adjoining acreage parcel (Parcel ID4 00113230-000000) for conservation, Little Torch Key near mile marker 28. ITEM BACKGROUND: Part of this acquisition is proposed as an affordable housing site. The remainder is proposed to protect property rights and the natural environment, and to reduce the County's potential liability for takings suits. The subject property consists of a two adjoining lots totaling 12,228 square feet at 28269 Julia Avenue and an adjoining 4.49 acre acreage parcel on the bay side of Little Torch Key near mile marker 28. The property attributes are: • Tier designation: The lots are designated Tier 3 — Infill Area; the acreage parcel is designated Tier 1 —Natural Area. • Zoning designation: The lots are zoned Urban Residential Mobile Home (URM); the acreage parcel is zoned Native Area(NA). • Vegetation: The lots have disturbed vegetation consisting mostly of exotics; the acreage parcel consists of tropical hardwood hammock, salt marsh, buttonwood, and mangrove 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 24-inch increase in sea level, estimates provided by the South Florida Water Management District indicate the lots will have 25.1% to 74.9%probability of being inundated, while the acreage Packet Pg. 1501 G.5 parcel's probability will be 75%to 100%. • Acquisition List qualification: The lots are being added to the Acquisition List as affordable housing sites; the acreage parcel qualifies because it is Tier 1. • Florida Forever Boundary: The acreage parcel is inside the Florida Forever boundary. • Transferrable Development Rights (TDRs): 2 + 0.4175 =2.4175 total TDRs. The property owner has agreed to sell the property for the price of$300,000. The estimated closing costs for this transaction are listed in the agenda documentation. The acreage parcel could potentially be sold to the State of Florida. ADVISORY COMMITTEE ACTION: On May 25, 2022 the Committee voted 4/0 to approve purchasing this property for the price of$300,000. PREVIOUS RELEVANT GOVERNING BOARD ACTION: On May 22, 2019 the Board approved purchasing the adjoining lot(Lot 10) as an affordable housing site. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Cost Sheet Aerial Photograph Seller 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: Packet Pg. 1502 G.5 Insurance Required: Additional Details: REVIEWED BY: Mark Rosch Completed 05/31/2022 11:35 AM Christine Hurley Completed 05/31/2022 11:48 AM Lindsey Ballard Completed 05/31/2022 11:58 AM Board of County Commissioners Pending 06/15/2022 9:00 AM Packet Pg. 1503 G.5.a PURCHASE CONTRACT 06/15/22 Purchase Survey/ Title Fees& Attorney Recording Total Property Price Appraisal Insurance Fee Fee Costs Block 1, Lots 8 and 9 $300,000.00 $8,900.00 $2,050.00 $475.00 $35.50 $311,460.50 U) Amended Plat of The Ladies Acre C and adjoining acreage U Parcel ID#00113230-000000 0 Little Torch Key Seller: Jeffrey Morris CL 00 U) 0 fJ9 E Packet Pg. 1504 G.5.b Aerial Photograph of Subject Property Block 1, Lots 8 and 9, Amended Plat of The Ladies Acre and adjoining acreage (Parcel ID# 00113230-000000) Little Torch Key CL 00 02=L., LA MMENOWMA CL �iu� � p, '���� I ����uu�l�l V� %�% i�du ✓1f� 1 L19 a M /o� r f, / 0 0 CL a.a Packet Pg. 1505 G.5.c AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of 2022, by and between Jeffrey Morris U (hereinafter "Seller(s)"), for themselves, their heirs, executors, administrators, successors and assigns, and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (hereinafter "Land Authority") acting by and through the Executive Director of the LAND AUTHORITY. WITNESSETH: c� 1. In consideration of Ten Dollars ($10.00) in hand, paid by the LAND AUTHORITY, the receipt of which is hereby acknowledged, the Seller(s) agree to sell to the LAND AUTHORITY certain lands upon the terms and conditions hereinafter set forth, and for the price of $300,000.00 for all of the .3 lands and other interests, which lands shall include all tenements, hereditaments, together with all water and other rights, easements, appurtenances, and any and all of the Seller's rights in or arising by reason of ownership thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida, more particularly described as follows; to-wit: Real property on Little Torch Key more particularly described in Exhibit A. Parcel ID# 00222830-000000 and 00113230-000000 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the LAND AUTHORITY the fee simple title together with legal and practical access thereto clear, free and unencumbered, except subject to the following easements or reservations: Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and roads, telephone, telegraph, power transmission lines and public utilities. The LAND AUTHORITY, at the LAND AUTHORITY'S expense, within the time allowed to deliver evidence of title and to examine same, may have the real property surveyed and certified by a registered Florida surveyor. If the survey discloses encroachments on the real property or that improvements located thereon encroach on setback lines, easements, lands of others, or violate 00 any restrictions, contract covenants, or applicable governmental regulations, the same shall constitute a title defect. Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances, exceptions or qualification set forth herein. Marketable title shall be determined according to applicable title standards adopted by authority of the Florida Bar and in accordance with law. The LAND AUTHORITY shall have sixty (60) days from the Effective Date in which to examine title. If title is found defective, the LAND AUTHORITY shall, within this specified time period, notify Seller(s) in writing specifying defect(s). If the defect(s) render title unmarketable the Seller(s) will have one hundred twenty (120) days from receipt of notice within which to remove the defect(s). The Seller(s) will use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits, failing which the LAND AUTHORITY shall have the option of either accepting the title as it then is or rescinding the Agreement herein. 3. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or title to said lands may be diminished or encumbered while this Agreement is pending. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the LAND 1 Packet Pg. 1506 G.5.c AUTHORITY by reasons of the unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the Seller(s); and that, in the event any such loss or damage occurs, the �~ LAND AUTHORITY may, without liability, refuse to accept conveyance of said lands. 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the LAND AUTHORITY shall have at all reasonable times the unrestricted a right and privilege to enter upon said lands for all proper and lawful purposes, including c, examination of said lands and the resources upon them. The Seller(s) hereby waive their rights to any and all claims against the LAND AUTHORITY, Monroe County, or the State of Florida associated with, or arising from ownership of, said lands and this waiver shall survive closing. 5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the LAND AUTHORITY a good and sufficient deed of warranty conveying to the LAND AUTHORITY a marketable title to the said lands of such character as to be satisfactory to the legal counsel of the LAND AUTHORITY and said deed shall provide that the use, occupation and operation of the rights-of-way, easements and reservations retained therein, shall be subordinate to and subject to such rules and regulations as may be prescribed by the LAND AUTHORITY governing the use, occupation, protection and administration of lands. 6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and other interests at the price of $300,000.00. The LAND AUTHORITY further agrees that, after the preparation, execution, and delivery of the deed, and after the legal counsel of the LAND AUTHORITY shall have approved the title thus vested in the LAND AUTHORITY, it will cause to be paid to the Seller(s) the purchase price. The LAND AUTHORITY shall pay the following expenses associated with the conveyance of the property: deed recording fees, settlement fees, abstract fees, title examination fees, the Buyer's attorney's fees, and title insurance, as well as the - prorata share of prepaid real property taxes allocable to the period subsequent to the vesting of title in the LAND AUTHORITY, or the effective date of possession of such real property by the same, whichever is earlier. The Seller(s) shall pay the expenses of documentary stamps to be affixed to the deed and the removal of trash, debris, and structures from the property, if any, and real estate commissions, if any. Full possession of the premises shall pass to the LAND AUTHORITY as of the date payment is made to the Seller(s) subject only to the reservations stated in Section 2 above. 7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property 00 herein contracted to be sold, satisfactory to the legal counsel of the LAND AUTHORITY will be obtained by the LAND AUTHORITY at its expense. The Seller(s) expressly agree herein to furnish to the LAND AUTHORITY any documents in Seller(s)'s possession establishing evidence of title including, but not limited to, abstracts, title commitments, title policies and opinions of title. 8. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at the date title vests of record in the LAND AUTHORITY, whether or not such taxes and assessments are then due and payable. 9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to the Seller(s) by email to the address provided by the Seller(s) or by mail addressed to the Seller(s) at the following address: 28269 Julia Avenue with a copy to: Taron Wirth, Berkshire Hathaway Summerland Key, FL 33042 HomeServices Keys Real Estate taron@keysrealestate.com 2 Packet Pg. 1507 G.5.c and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without sending a separate notice to each, except as such obligation may be affected by the provisions of �~ paragraph 6 hereof. 10. The property shall be delivered at closing free of any tenant or occupancy whatsoever. C 11. The Seller(s) shall close any open building permits or code enforcement proceedings prior to U closing. 12. The effective date of this Agreement (hereinafter"Effective Date") shall be that date when the last one of the Seller(s) and the LAND AUTHORITY has signed this Agreement. 13. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until April 29, 2022 to sign and return this Agreement to the LAND AUTHORITY. This Agreement may be executed in counterparts. Notwithstanding any provision of this Agreement to the contrary, the closing of this transaction is contingent upon approval by the Advisory Committee and Governing Board of the .3 LAND AUTHORITY, failing which the parties acknowledge that each shall be released of all further obligations under this Agreement. In the event this transaction has not closed within one hundred eighty (180) days from the Effective Date, then either party may terminate this Agreement at any time thereafter by providing written notice, in which case the parties acknowledge that each shall be released of all further obligations under this Agreement. IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND AUTHORITY or its authorized representative, or any other office or agent of the LAND AUTHORITY authorized to purchase said lands, the option and right to enter into this Agreement for Purchase within sixty (60) days from the execution thereof by the Seller(s). Seller/ Jeffrey Morris Signature Date Phone Number Email Address 00 The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its EXECUTIVE DIRECTOR in accordance with Resolution 03-2016, has executed this Agreement on behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this day of 12022. c, MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (Seal) E Christine Hurley, Executive Director E c� 3 Packet Pg. 1508 EXHIBIT A Parcel 1: to Lot 8 and 9,Block I ,Amended Plat of I'lic Ladies Acre,according to the plat thereof as recorded in Plat Book 5,Page 96,Public Records: U) r. of Monroe County,Florida; 0 U cm Parcel 2: an On the Wand of Little Torch Key and being a part of Gate Farm,Plat Book 2,Page 1,of the Public Records of Monroe County,Florida, and being more particularly described as follows:Begin at the Northwest comer of Lot 7,Block 1,Amended Plat of'Me Ladies Acrcq,Plat Book 5,Page 96,of the aforementioned public records and run South 89 degrees 35 nainutes 44 seconds East,along the North line:of said to Amended Plat of The Ladies Acre,507.23 feet to,a point on the Mean High Water Line of Pine Channel;thence meander said mean High Water Line in a Northerly Direction to a point on the South line of Oato Farms Subdivision Plat No,. 1,Plat Book 3,Page 123 of the Public Records of Monroe County,said point being 134 feet East of the Southwest comer of Lot 10 of said Gato Funns Sub,Plat No, l;thence West,along the South line of Gate Farm Subdivision Plat No. 1,48123 feet;thence South 295,84 feet beck to the Point of Beginning; LESS: On the Island of Little'Torch,Key and being a part of Cato Fann,Plat Book 2,Page 1,of the Public Records of Monroe County,Florida and being more particularly described as follows:Begin at the Northwest corner of Lot 7,Block 1,Amended Plat of the Ladies Acres,Plat to 2! Book 5,Page 96,of the aforementioned public records and run North 295,84 feet to a point on the South line of Cato Farms Subdivision ct Plat No, 1,Plat Book 3,Page 123 of the Public Records of Monroe County,Florida;thence East along said South line 83.0 feet;thence U) South 296.43 feet to,the Northeast comer of Lot 7;thence North 89 degrees 35 minutes,44 seconds West a distance of 83.00 feet to the Point of Beginning,. to CL E to 00 an 0 ct M E E ct Packet Pg. 1509