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Item K4cLAND 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 - Big Pine Key acreage parcel RE #110610-000000. Item Background: This item is proposed to protect natural resources, protect property rights, and provide mitigation land in support of the Big Pine Key Habitat Conservation Plan. The subject property is a 5.9 acre parcel on Warner Street and Beach Drive located near MM 31 on the bayside of Big Pine Key. The property is designated Tier 1, zoned Suburban Residential, and classified by the County's habitat maps as a freshwater wetland. The Land Authority's standard purchase contract will be used for this transaction. The agenda packet spreadsheet lists the 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: None. Staff Recommendation: Approval. Total Cost: $51,674.00 Budgeted: Yes X No Cost to Land Authority: $51,674.00 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 I� Purchase Price Big Pine Key Acreage $50,660.00 RE#00110610-000000 (Carbonell, Inc.) PURCHASE CONTRACTS 08/20/08 Envr. Audit, Survey Title Attorney Recording Total or Clean-up Insurance Fee Fee Costs $0.00 $470.00 $500.00 $44.00 $51,674.00 t- A, N� , IF *i4. ti —M ■Y2mmw • I IL 1 IN L Ni ' r r J i '1 �� _ *IN