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Item C24BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: April 16, 2008 Division: Housing & Community Development Bulk Item: Yes X No Department: Housing & Community Development Staff Contact Person: Lisa Tennyson/292-4462 AGENDA ITEM WORDING: Approval to grant an easement to the Florida Keys Aqueduct Authority on the Islander Village workforce housing development property to permit the installation, operation, and maintenance of water transmission and distribution facilities. ITEM BACKGROUND: Islander Village is a workforce housing development located in Stock Island. Monroe County is the owner of the underlying property and therefore must approve and sign the utility easement. PREVIOUS RELEVANT BOCC ACTION: On July 19, 2006, Board approved proposed Agreement for Sale and Purchase of property on Stock Island for the purpose of providing for affordable/employee housing on land to be purchased by the County and a 99 year lease of the property to Islander Village, LLC for the purpose of constructing 89 affordable/employee housing units. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: NA BUDGETED: Yes No COST TO COUNTY: NA SOURCE OF FUNDS: REVENUE PRODUCING: Yes No X AMOUNT PER MONTH Year APPROVED BY: County Atty Pending OMB/Purchasing _ Risk Management DOCUMENTATION: DISPOSITION: Revised 8/06 Included X Not Required AGENDA ITEM #