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Item F2bLAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: February 18, 2009 Division: Land Authority Bulk Item: Yes No X Contact / Phone #: Mark Rosch / 295-5180 Agenda Item Wording: Approval to purchase property for conservation - Tract G, Kinercha subdivision, Big Pine Key. Item Background: This acquisition is proposed to protect natural resources and property rights and to provide mitigation land in support of the Big Pine Key Habitat Conservation Plan. The subject property is a 0.74-acre parcel on Industrial Road near mile marker 31 on the oceanside of Big Pine Key. The property is designated Tier 1, zoned Industrial, and consists of pineland and tropical hardwood hammock vegetation. The Land Authority's standard purchase contract will be used for this transaction. The purchase price and estimated closing costs are listed in the agenda packet spreadsheet. Advisory Committee Action: On January 27, 2009 the Committee voted 4/0 to approve this acquisition. Previous Governing Board Action: Sitting as the BOCC, the Board approved the Habitat Conservation Plan on March 19, 2003. Contract/Agreement Changes: None. Staff Recommendation: Approval. Total Cost: $ 38,723.25 Indirect Cost: $ Budgeted: Yes X No Cost to Land Authority: $38,723.25 Source of Funds: Land Authority (Tourist Impact Tax and State Park Surcharge) Approved By: Attorney X Documentation: Included: X County Land Steward X . To Follow: Not Required: Disposition: Agenda Item I� PURCHASE CONTRACTS 02/18/09 Purchase Title Attorney Price Survey Insurance Fee Recording Total Fee Costs Kinercha Subdivision $32,890.00 $5,000.00 $314.75 $500.00 $18.50 $38,723.25 Tract G (Curry) Aerial Photograph of Subject Property Tract G, Kinercha Subdivision Big Pine Key ' 191 dL-- _ - - - J. . 4 �Ir �J 91F yy� 1• 4 ' uS _ MT _. �6