Resolution 206-2005
RESOLUTION NO. 206 -2005
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA EXTENDING JOINT
STIPULATED SEITLEMENT AGREEMENT GOVERNING
DEVELOPMENT ON SHARK KEY.
WHEREAS, on June 30th, 1995 the Circuit Court of Monroe County entered a Stipulated
Final Judgment approving a Joint Stipulated Settlement Agreement among Shark Key
Development Corp., Monroe County and the State of Florida Department of Community Affairs,
governing development on Shark Key; and
WHEREAS, the Joint Stipulated Settlement Agreement resulted in a slow and orderly
pattern of growth for a period of ten (10) years, as set forth in the schedule of development
provided in the Agreement; and
WHEREAS, the potential end of the Joint Stipulated Settlement Agreement has caused a
highly accelerated level of development applications which will adversely affect RO.G.O.
allocations in the lower keys; and
WHEREAS, it is in the best interest of Monroe County, Florida to continue the slow and
orderly growth upon Shark Key;
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA, that
1. The Board does hereby extend the termination date of the Joint Stipulated Settlement
Agreement set forth in Paragraph 9 of the Agreement an additional four (4) years for the lots
described in Exhibit A attached hereto, with single family residential permits issued not to
exceed two in the first year, and thereafter, cumulatively, an additional two permits per year.
This permitting allotment shall allow, for example, but not be limited to: two permits in year 1,
one permit in year 2, three permits in year 3, and two permits in year 4.
PASSED AND ADOPTED by the Board of County Commissioners of Monroe County,
Florida, at a regular meeting of said Board held on the 15th day of June, 2005.
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BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
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EXDIBIT "A!!.
S}JARK KEY DEVELOPMENT
Legal Description ofSbark Key Property
Lots 1 and 8 of Block 3~ Lots 1,2, and 4 of Block 4; Lots 9, 10 and 16 of Block 5
of the SHARK KEY SUBDIVISION as recorded in the Amended and revised Plat
ofSharlc. Key, Plat Book 7. page 49, as recorded in the Public Records of Monroe
County, Florida.
TOTAL:
Block 3: 2
Block 4: 3
Block 5: d
Total Lots: 8