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Item J1 LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: April 19, 2006 Division: Land Authoritv Bulk Item: Yes No...x.. Staff Contact Person: Mark Rosch Agenda Item Wording: Approval of minutes for the March 15, 2006 meeting. Item Background: N/A Advisory Committee Action: N/A Previous Governing Board Action: N/A Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ Budgeted: Yes _ No Cost to Land Authority: $ Source of Funds: Approved By: Attorney_ County Land Steward _' Executive Director Approval: ~O, ~04d . Mark J. Rosch Documentation: Included: ~ To Follow: Not Required: Disposition: Agenda Item _ MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY GOVERNING BOARD March 15,2006 Meeting Minutes The Governing Board of the Monroe County Comprehensive Plan Land Authority held a regular meeting on Wednesday, March 15, 2006 at the Marathon Government Center located at 2798 Overseas Highway, Marathon, Florida. Chairman David Rice called the meeting to order at 10:13 AM. Present and answering roll call, in addition to Chairman Rice, were Mayor Sonny McCoy, Commissioner Murray Nelson, Commissioner George Neugent, and Commissioner Dixie Spehar. Also in attendance were Executive Director Mark Rosch, Office Manager Kimberly Nystrom, Counsel Larry Erskine, and members of the press and public. The first item on the agenda was approval of minutes for the February 15, 2006 meeting. A motion was made by Commissioner Spehar and seconded by Mayor McCoy to approve the minutes as submitted. There being no objections, the motion carried (5/0). Mr. Rosch then addressed the Board regarding the proposed bonding of the Land Authority's tourist impact tax revenue and provided a written summary on the subject. Following Board discussion, a motion was made by Commissioner Neugent and seconded by Commissioner Nelson to continue the pay as you go approach to funding land acquisition instead of bonding the tourist impact tax revenue. There being no objections, the motion carried (5/0). Mr. Rosch then reported on the status of funding proposals submitted to the Florida Housing Finance Corporation by local community land trusts. The proposal submitted by the Middle Keys Community Land Trust involving the Islamorada Motel was selected for funding, whereas the proposal submitted by the Florida Keys Community Housing and Land Trust involving the Big Cop pitt Key site was not. There being no further business, the meeting was adjourned at 10:29 AM. Minutes prepared by: Mark J. Rosch Executive Director Approved by the Board on: