Item G16 G16
BOARD OF COUNTY COMMISSIONERS
COUNTY of MONROE Mayor Craig Cates,District 1
The Florida Keys Mayor Pro Tern Holly Merrill Raschein,District 5
Michelle Lincoln,District 2
James K.Scholl,District 3
m' David Rice,District 4
Board of County Commissioners Meeting
September 20, 2023
Agenda Item Number: G16
2023-1421
BULK ITEM: No DEPARTMENT: Land Authority Governing Board
TIME APPROXIMATE: STAFF CONTACT: Christine Hurley
9:25 AM
AGENDA ITEM WORDING: Discussion and Direction on partnership with Islamorada and
Marathon for purchases in excess of appraised value or non-Florida Forever purchases whereby the
local governments would share in the cost of the purchase.
ITEM BACKGROUND:
Islamorada and Marathon have requested the Land Authority lead the purchase of non-Florida Forever
properties or purchases in excess of appraised value(which is the maximum the State of Florida will
reimburse in the Florida Forever program) and then each city would pay the difference between
appraised value and the negotiated purchase price or each city would pay the purchase price of non-
Florida Forever properties in their respective jurisdiction.
This type of arrangement would allow the two cities to fund key property acquisitions when the Land
Authority doesn't have the cash flow to accommodate their requested acquisitions.
If the Land Authority Governing Board is amenable to this request, staff will work with Greg Oropeza,
Land Authority attorney to develop an agreement with each City.
PREVIOUS RELEVANT BOCC ACTION:
N/A
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
FINANCIAL IMPACT:
2927
N/A
2928