Item K4aLAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: August 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 - seven parcels in Pine
Heights, Sea View, Sands, and Koehns subdivisions on Big Pine Key.
Item Background: This item is proposed to protect natural resources and provide mitigation land in
support of the Big Pine Key Habitat Conservation Plan. The Nature Conservancy has agreed to sell the
subject property at its cost to the Land Authority, rather than to the State of Florida, so the property can
serve as mitigation land. The property consists of seven unbuildable Tier 1 lots totaling 1.09 acres.
The agenda packet spreadsheet lists the legal description, purchase price, and estimated closing costs.
Advisory Committee Action: On 7/30/08 the Land Authority Advisory Committee voted 5/0 to
approve this acquisition.
Previous Governing Board Action: None.
Contract/Agreement Changes: The Seller has revised paragraphs 2, 4, and 5 of the Land Authority's
standard contract to delete the requirement for bringing suits to clear title defects, to hold the Seller
harmless during property inspections, and to convey title via a special warranty deed.
Staff Recommendation: Approval.
Total Cost: $23,292.75 Budgeted: Yes X No
Cost to Land Authority: $23,292.75 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
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Purchase
Price
7 Big Pine Key parcels $22,500.00
(The Nature Conservancy)
Pine Heights, Block B, Lots 8 - 10
Sea View, Square 39, Lots 7 - 8
Sands, Block 49, Lot 12
Koehns, Block 4, Lot 5
PURCHASE CONTRACTS
08/20/08
Envr. Audit, Survey
Title
Attorney
Recording
Total
or Clean-up
Insurance
Fee
Fee
Costs
$0.00
$257.25
$500.00
$35.50
$23,292.75
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AGREEMENT FOR THE PURCHASE OF LANDS
THIS AGREEMENT is made and entered into this � day of , 2008, is by
and between
The Nature Conservancy
hereinafter style the Seller(s), for themselves, their heirs, executors, administrators, successors and
assigns, and the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY (hereinafter,
"Land Authority") acting by and through the Executive Director of the LAND AUTHORITY.
WITNESSETH:
1. In consideration of Ten Dollars ($10.00) in hand, paid by the LAND AUTHORITY, the receipt of
which is hereby acknowledged, the Seller(s) agree to sell to the LAND AUTHORITY certain lands
upon the terms and conditions hereinafter set forth, and for the price of $22,500.00 for all of the
lands and other interests, which lands shall include all tenements, hereditaments, together with all
water and other rights, easements, appurtenances, and any and all of the Seller's rights in or
arising by reason of ownership thereunto belonging, owned by them, situate and lying in the
County of Monroe, State of Florida, more particularly described as follows; to -wit:
Block B, Lots 8, 9, and 10, Pine Heights (PB 3-164)
Block 39, Lots 7 and 8, Sea View (PS 1-94)
Block 49, Lot 12, Sands (PB 1-66)
Block 4, Lot 5, Koehns (PB 3-83)
RE# 269930.000000, 259940-000000, 259960-000000,
289170-000000, 289180-000000, 307030-000000, and 314760-000000
2. The Seller(s) agree that they have full right, power and authority to convey, and that they will
convey to the LAND AUTHORITY the fee simple title together with legal and practical access
thereto clear, free and unencumbered, except subject to the following easements or reservations:
Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and roads,
telephone, telegraph, power transmission lines and public utilities.
The LAND AUTHORITY, at the LAND AUTHORITY'S expense, within the time allowed to deliver
evidence of title and to examine same, may have the real property surveyed and certified by a
registered Florida surveyor. If the survey discloses encroachments on the real property or that
improvements located thereon encroach on setback lines, easements, lands of others, or violate
any restrictions, contract covenants, or applicable governmental regulations, the same shall
constitute a title defect.
Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances,
exceptions or qualification set forth herein. Marketable title shall be determined according to
applicable title standards adopted by authority of the Florida Bar and in accordance with law. The
LAND AUTHORITY shall have sixty (60) days from the effective date of this Agreement in which to
examine title. If title is found defective, the LAND AUTHORITY shall, within this specified time
period, notify Seller(s) in writing specifying defect(s). If the defect(s) render title unmarketable the
Seller(s) will have one hundred twenty (120) days from receipt of notice within which to remove
the defect(s), failing which the LAND AUTHORITY shall have the option of either accepting the
title as it then is or rescinding the contract herein; thereupon the LAND AUTHORITY and 'the
Seller(s) shall release one another of all further obligations under this Agreement.
3. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or title to
said lands may be diminished or encumbered. It is further agreed that any loss or damage
occurring prior to the vesting of satisfactory title in the LAND AUTHORITY by reasons of the
unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the
Seller(s); and that, in the event any such loss or damage occurs, -the LAND AUTHORITY may
refuse, without liability, to accept conveyance of said lands, or it may elect to accept conveyance
upon an equitable adjustment of the purchase price.
4. The Seller(s) further agree that during the period covered by this instrument officers and
accredited agents of the LAND AUTHORITY shall have at all proper times the unrestricted right
and privilege to enter upon said lands for all proper and lawful purposes, including examination of
said lands and the resources upon them; provided, that all such entries shall be at the sole risk
and expense of the LAND AUTHORITY, that the LAND AUTHORITY agrees to indemnify and hold
Seller harmless from any loss or damage arising out of any such entry and, if closing does not
occur with respect to any portion of the property, the LAND AUTHORITY agrees to restore such
portion to the condition it was in prior to entry.
5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the LAND
AUTHORITY a good and sufficient special warranty deed conveying to the LAND AUTHORITY a
safe title to the said lands of such character as to be satisfactory to the legal counsel of the LAND
AUTHORITY and said deed shall provide that the use, occupation and operation of the rights -of -
way, easements and reservations retained therein, shall be subordinate to and subject to such
rules and regulations as may be prescribed by the LAND AUTHORITY governing the use,
occupation, protection and administration of lands.
6. In consideration whereof the LAND AUTHORITY agrees that it will purchase all of said lands and
other interests at the price of $22,500.00. The LAND AUTHORITY further agrees that, after the
preparation, execution, delivery and recordation of the deed, and after the legal counsel of the
LAND AUTHORITY shall have approved the title thus vested in the LAND AUTHORITY, it will
cause to be paid to the Seller(s) the purchase price by a check drawn on the account of the LAND
AUTHORITY. The LAND AUTHORITY shall pay the following expenses associated with the
conveyance of the property: deed recording fees, settlement fees, abstract fees, title examination
fees, the Buyer's attorney's fees, and title insurance, as well as the prorata share of prepaid real
property taxes allocable to the period subsequent to the vesting of title in the LAND AUTHORITY,
or the effective date of possession of such real property by the same, whichever is earlier. The
Seller(s) shall pay the expenses of documentary stamps to be affixed to the deed and the removal
of trash, debris, and structures from the property, if any. Full possession of the premises shall
pass to the LAND AUTHORITY as oif the date payment is made to the Seller(s) subject only to the
reservations stated in Section 2 above.
7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property
herein contracted to be sold, satisfactory to the legal counsel of the LAND AUTHORITY will be
obtained by the LAND AUTHORITY at its expense. The Seller(s) expressly agree herein to
furnish to the LAND AUTHORITY any documents in Seller(s)'s possession establishing evidence
of title including, but not limited to, abstracts, title commitments, title policies and opinions of title.
8. It is mutually understood and agreed that the LAND AUTHORITY may assign this contract.
9. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at
the date title vests of record in the LAND AUTHORITY, whether or not such taxes and
assessments are then due and payable.
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10. It is mutually understood and agreed that notice of acceptance of this agreement shall be given to
the Seller(s) by mail addressed to the Seller(s) at the following address:
Johnny Wilson, Esquire
The Nature Conservancy
222 S. Westmonte Drive
Suite 300
Altamonte Springs, FL 32714-4269
and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without
sending a separate notice to each, except as such obligation may be affected by the provisions of
paragraph 6 hereof.
11. The property shall be delivered at closing free of any tenant or occupancy whatsoever.
12. The effective date of this agreement shall be that date when the last one of the Seller(s) and the
LAND AUTHORITY has signed this agreement.
13. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until July 28, 2008 to sign
and return this contract to the LAND AUTHORITY. Notwithstanding any provision of this
Agreement to the contrary, the closing of this transaction is contingent upon approval by the
Advisory Committee and Goveming Board of the LAND AUTHORITY, failing which the LAND
AUTHORITY and the Seller(s) shall release one another of all further obligations under this
Agreement.
IN WITNESS WHEREOF, the Seller(s) have hereunto signed their names and affixed their respective
seals on the day first above written and therefore the Seller(s) for and in consideration of the Ten
Dollars ($10.00) hereinabove acknowledge as received, have and do hereby grant unto the LAND
AUTHORITY or its authorized representative, or any other office or agent of the LAND AUTHORITY
authorized to purchase said lands, the option and right to enter into this Agreement for Purchase
within sixty (60) days from the execution thereof by the Seller(s), and to purchase said lands as herein
provided.
Seller/ The Nat re Conservancy
By: Jeff Dante tate Director
2� oe Slu7- /, ea - 3,(Pe��
symufw Federal Tax ID Number Phone Number
The MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY, acting by and through its
EXECUTIVE DIRECTOR in accordance with Resolution 09-2004, has executed this agreement on
behalf of the MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY this 2I s* day of
T" I � , 2008.
MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rbkh, Executive Director
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