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Item I08 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: July 19.2006 Division: Growth Mana?ement Bulk Item: Yes X- No Department Plannning and Environmental Res. Staff Contact Person: Jerry Sanders, Esq. Ty Svmroski AGENDA ITEM 'VORDING: Discussion, update and guidance to Staff to proceed with preparing an agreement to redevelop Seahorse Trailer Park in Big Pine and Rowell's ,Marina in Key Largo. ITEM BACKGROUND: Boca Developers, LLC is the owner of Rowell's Marina in Key Largo and recently purchased the Seahorse Trailer Park on Big Pine Key. In a proposed "380 Agreement" they propose to redevelop Seahorse Trailer Park as 100 multi-family affordable housing and donate them to the County in exchange for the transfer of 130 market rate development rights to the Rowell's Marina property, plus a bonus of 5 market rate RaGa allocations. PREVIOUS RELEVANT BOCC ACTION: On April 19, 2006, the BOCC heard this item; no official action was taken and it was scheduled to be heard at lhe May 16, 2006 and June 21, 2006 Board meetings. At the May 16, 2006 BOCC meeting in Key Largo the Planning Department Staff recommended that this item be continued to the June 2], 2006 meeting in Marathon at which Boca Developers representatives and interested member of the public spoke, but no official action was taken. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMJ.vmNDATIONS: Grant authority for the County Administrator, Growth Management Staff and the County Attorney to continue to negotiate with Boca Developers, LLC and present a proposed Agreement to the Development Review Committee and the Planning Commission for recommendation to the Board of County Commissioners. TOTAL COST: TBD BUDGETED: Yes No X~ COST TO COUNTY: TBD SOURCE OF "FUNDS: TBD REVENUE PRODUCING: Yes No AMOUNT PER MONTH_ Year APPROVED BY: County Atty _ Orv1B/Purchasing _ Risk Management DIVISION DIRECTOR APPROVAL: DOCU.MENT ATION: Included Not Required_X_ DISPOSITION: AGENDA ITEM #