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Item I12 1.12 Coty f � ,�� ,' BOARD OF COUNTY COMMISSIONERS �� Mayor David Rice,District 4 The Florida Keys � Mayor Pro Tem Craig Cates,District I y Michelle Coldiron,District 2 James K.Scholl,District 3 Ij Holly Merrill Raschein,District 5 County Commission Meeting October 19, 2022 Agenda Item Number: I.12 Agenda Item Summary #11200 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 to accept the donation of Tier 1 property for conservation —Block 1, Lots 1-16 and 18-21 and Block 4, Lots 1-7, Hibiscus Park on Key Largo near mile marker 101 from KRZ LLC. ITEM BACKGROUND: This acquisition is proposed to protect the natural environment. The property owner is proposing to donate the property to the Land Authority as a means of settling an outstanding Code Compliance case. The subject property consists of 27 lots totaling 3.6 acres at the east end of Hibiscus Lane on the bay side of Key Largo near mile marker 101. The property attributes are: • Tier designation: Tier 1 —Natural Area. • Zoning designation: Native Area(NA). • Vegetation: Mangroves, exotics, buttonwood, and disturbed land. • 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 approximately two-thirds of this property will have a 25.1% to 100% probability of being inundated. • Acquisition List qualification: The property qualifies because it is Tier 1. • Florida Forever Boundary: This property is inside the Florida Forever boundary. Packet Pg. 2696 1.12 • Transferrable Development Rights (TDRs): 0.3 TDRs. • ROGO Dedication Points: 40.5 points. A portion of the property was illegally cleared and is the subject of a Code Compliance case. The property owner is offering to donate the entire property to the Land Authority in exchange for the County waiving the outstanding Code Compliance fines and fees. The Land Authority's estimated closing costs for this transaction are listed in the agenda documentation. ADVISORY COMMITTEE ACTION: On October 5, 2022 the Committee voted 4/0 to recommend accepting the donation this property. PREVIOUS RELEVANT GOVERNING BOARD ACTION: None. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Cost Sheet Aerial Photograph 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: Packet Pg. 2697 1.12 REVIEWED BY: Mark Rosch Completed 10/04/2022 10:24 AM Lindsey Ballard Completed 10/04/2022 11:03 AM Board of County Commissioners Pending 10/19/2022 9:00 AM Packet Pg. 2698 1.12.a Donation 10/19/22 Purchase Title Fees& Attorney Recording Total Property Price Appraisal Insurance Fee Fee Costs 0 Block 1, Lots 1-16 and 18-21 and $0.00 $0.00 $475.00 $475.00 $35.50 $985.50 Block 4, Lots 1-7 Hibiscus Park U) Key Largo 0 Donor: KRZ LLC U 0 0 CL U) A U) 0 c14 00 U) 0 U) 0 U E Packet Pg. 2699 1.12.b Aerial Photograph of Subject Property Block 1, Lots 1-16 and 18-21; and Block 4, Lots 1-7, Hibiscus Park Key Largo ® ®® 0 WRI .. .. CL M cs c14 00 CL c� c� Packet Pg. 2700