Item H2bLAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: February 20, 2008 Division: Land Authority
Bulk Item: Yes No X Contact / Phone #: Mark Rosch / 295-5180
Agenda Item Wording: Approval to purchase property for conservation — Tract TK, Pine Key Acres
subdivision on Big Pine Key.
Item Background: This acquisition is proposed to protect natural resources, protect property rights,
and provide mitigation land.
Pine Key Acres subdivision on Big Pine Key is zoned Area of Critical County Concern and designated
Tier 1. The subject property consists of 1.85 acres of pinelands and freshwater wetlands. As such, the
parcel is too small to meet the two -acre minimum necessary to build a single-family home as -of -right.
Once acquired for conservation the property could serve as mitigation for development pursuant to the
Big Pine Key Habitat Conservation Plan.
The Land Authority's standard purchase contract will be used for this transaction. The agenda packet
spreadsheet lists the legal description, purchase price, and estimated closing costs.
Advisory Committee Action: On January 24, 2008 the Land Authority Advisory Committee voted 4/0
to approve this item.
Previous Governing Board Action: The Board has approved the purchase of other properties in this
subdivision.
Contract/Agreement Changes: None.
Staff Recommendation: Approval.
Total Cost: $37,856.25 Budgeted: Yes X No
Cost to Land Authority: $37,856.25 Source of Funds: Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By: Attorney X County Land Steward X .
Documentation: Included: X To Follow: Not Required:
Disposition: Agenda Item
P ro pe rty
Pine Key Acres
Parcel TK
(larossi)
Purchase
Price
$37, 000.00
PURCHASE CONTRACTS
02/20/08
Envr. Audit, Survey
Title
Attorney
Recording
Total
or Clean-up
Insurance
Fee
Fee
Costs
$0.00
$337.75
$500.00
$18.50
$37,856.25