Item G3LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 20, 2006
Bulk Item: Yes No X
Division: Land Authority
Staff Contact Person: Mark Rosch
Agenda Item Wording: Approval of a resolution authorizing the conveyance of the Sea Grape
Apartments site (RE #103560-000200) to the Monroe County Board of County Commissioners for
affordable housing.
Item Background: The proposed resolution imposes affordable housing deed restrictions and
authorizes the Land Authority to convey the property to the BOCC. It is anticipated that the BOCC will
then lease the property back to the Seller for development with affordable housing.
Advisory Committee Action: On August 23, 2006 the Committee voted 4/0 to approve the proposed
resolution.
Previous Governing Board Action: On June 16, 2004 the Board approved adding the site to the
Acquisition List.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval
Total Cost: $ 535.50 Budgeted: Yes X No
Cost to Land Authority: $ 535.50 Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney X County Land Steward
Documentation: Included: X To Follow: Not Required:
Disposition: Agenda Item
P ro pe rty
Vaca Key Acreage
RE#00103560-000200
Phase
Phase II
Purchase
Price
$0.00
LAND AUTHORITY CONVEYANCE COSTS
09/20/06
Envr. Audit, Survey Title
or Clean-up Insurance
$0.00 $0.00
Attorney
Fee
$500.00
Recording Total
Fee Costs
$35.50 $535.50
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY AUTHORIZING
THE CONVEYANCE OF THE PROPOSED SEA GRAPE
APARTMENTS SITE ON KEY VACA TO THE MONROE
COUNTY BOARD OF COUNTY COMMISSIONERS FOR
AFFORDABLE HOUSING.
WHEREAS, section 380.0666(3), Florida Statutes (FS) and section 9.3-2, Monroe County Code,
empower the Monroe County Comprehensive Plan Land Authority (hereinafter "Land Authority")
to acquire and dispose of interests in real property for the purpose of providing affordable
housing; and
WHEREAS, the Land Authority has entered into contracts to purchase Key Vaca parcel RE
#103560-000200, the proposed site of the Sea Grape Apartments affordable housing
development and more particularly described as the Phase I and Phase II parcels in Exhibit A;
and
WHEREAS, the Monroe County Board of County Commissioners desires to provide necessary
housing while protecting long-term affordability by leasing the site back to the seller (the Carlisle
Group) for development;
WHEREAS, the Land Authority Advisory Committee considered this resolution at a meeting held
on August 23, 2006 and voted 4/0 to recommend approval; NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY:
The Chairman of the Land Authority Governing Board is hereby authorized to sign a deed
conveying title to the Phase I and II parcels identified in Exhibit A to the Monroe County Board
of County Commissioners. Said deed shall restrict future use of the property as specified in
Exhibit B.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a
regular meeting on this day of 2006.
(Seal)
ATTEST:
MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rosch Charles "Sonny" McCoy
Executive Director Vice Chairman
Approved for Legal Sufficiency
Larry R. Erskine
Exhibit A
cod- P.-
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ac-- iv
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34' "-
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EAST 231.55 P o.e.
Phase I
6
ee e
P.O.B.
Phase II
NORTH
24.61'
SeaGrope Ltd., a Florida Limited Partnership
U.S. Highway No. 1, Marathon, Florida
Sketch to accompany Legal Description Dwn No.:
Phase I do II 06-409
Ref. Flood panel No.
Scale: 1 =120' 1374 K IDwn. Bv: F.H.H.
I�Date: 7/28/06 1 1Mao [one: AE Iriooa tiev. I
REVISIONS AND/OR ADDITIONS
Phase is
A parcel of land in Section 1 1 ,
Township 66 South, Range 32
East, Key Vaca, Monroe County,
Florida, more particularly
described as follows:
Begin at the intersection of
the East line of said Section
11 and the Southeasterly right
of way line of U.S. Highway 1;
thence South along the said
East line of Section 11 for
285.00 feet to the Point of
Beginning: thence contine South
m for 574.00 feet; thence West
° for 91.55 feet; thence North
for 24.61 feet; thence West
„ for 140.00 feet; thence North
o for 549.39 feet; thence East
for 231.55 feet to the Point of
Beginning;
C Containing 129463 s.f. or 2.97
a acres, more or less.
s
Phase II:
A parcel of land in Section 11,
Township 66 South, Range 32
oEast, Key Vaca, Monroe County,
z Florida, more particularly
i described as follows:
mBegin at the intersection of
sn the East line of said Section
11 and the Southeasterly right
of way line of U.S. Highway 1;
thence South along the said
East line of Section 11 for
859.00 feet to the Point of
Beginning: thence contine South
En
for 280.00 feet; thence West
c for 231.55 feet; thence North
' for 304.61 feet; thence East
N for 140.00 feet; thence South
for 24.61 feet; thence east for
91.55 feet to the Point of
Beginning;
Containing 68279 s.f. or 1.57
acres, more or less.
0
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s
W m
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wdnaN WP
FREDERICK H. HILDEBRANDT
ENGNCER PLANNER SURVEYOR
3150 Northside Drive
Suite 101
Key West, A. 33040
(305) 293-0466
Fax. (305) 293-0237
EXHIBIT B
AFFORDABILITY COVENANTS
1. Term. These affordability covenants are perpetual, run with the land, and are binding on all
present and subsequent owners and mortgagees.
2. Property Use. Use of the property shall be restricted to the provision of affordable housing
as defined in section 380.0666(3), Florida Statutes, as said statute may be amended from
time to time.
3. Monitoring. Grantee is responsible for ensuring compliance with the affordability covenants
contained herein and expressly agrees to furnish, upon Grantor's request, written
certification thereof.