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Item B4BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Add on for Discussion Purposes Only Meeting Date:_ 1/18/07 Division: County Attomev Bulk Item: Yes _ No xx Staff Contact Person/Phone #: Bob Shillinaer x3470 AGENDA ITEM WORDING: DISCUSSION of settlement of potential lawsuit by Lloyd Good regarding transferability of development rights. ITEM BACKGROUND: Mr. Good owns several lots on Sugarloaf Key. The lots in question are on Sugarloaf Blvd and include potential marsh rabbit habitat. Good has indicated that he's considering filing a declaratory judgment action to clarify his rights to transfer development rights off the lots. He's received conflicting interpretations of the code from staff. Under his proposed settlement, the County would confirm that he could sell the TDRs in question to a third party who will go through the conditional use process to get approval to use those TDRs on a receiver site. Good would also deed the property to the County. Staff has been unable to finalize the language of the settlement agreement in time to present to the Board. Good has a proposed closing date prior to the next BOCC meeting. PREVIOUS RELEVANT BOCC ACTION: None. CONTRACT/AGREEMENT CHANGES: n/a STAFF RECOMMENDATIONS: Approve having discussion TOTAL COST: none BUDGETED: Yes No COST TO COUNTY: none SOURCE OF FUNDS: REVENUE PRODUCING: Yes _ No _ AMOUNT PER MONTH YEAR APPROVED BY: County Arty xx OMB/Purchasing Risk Management e A. Hutton, ounty Attorney DOCUMENTATION: Included DISPOSITION: Revised 11/06 Not Required AGENDA ITEM # 3Ll