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Item C3 LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: November 21, 2001 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval to add the Overseas Motel in Marathon to the Acquisition List as an affordable housing site in partnership with the Monroe County Housing Authority. Item Background: The Overseas Motel is located on a 1.4 acre site at MM 49 on the oceanside of Marathon. According to a 1999 agreement with the Department of Community Affairs, the property is vested for 35 units consisting of 24 motel units, 10 mobile homes, and one single-family residence. The property is zoned Mixed Use (MU) and designated Mixed Use/Commercial (MC) on the Future Land Use Map. The property is currently available for sale. The Monroe County Housing Authority proposes to redevelop the site into rental units to provide affordable housing. This redevelopment scenario would provide additional affordable housing for the community without consuming additional ROGO allocations. Although the City of Marathon has not yet formally nominated the property for purchase by the Land Authority, initial indications are that the City will do so. The addition of property to the Acquisition List is a preliminary, non-binding step indicating the Board's desire to pursue acquisition. Further Board action will be required to purchase the subject property. Advisory Committee Action: On October 29, 2001 the Land Authority Advisory Committee voted 4/0 to recommend approval of this item. Previous Governing Board Action: None. Contract/Agreement Changes: NIA Staff Recommendation: Approval, subject to the City nominating the property. Total Cost: $ to be determined Budgeted: Yes No Cost to Land Authority: $ to be determined Approved By: Attorney ~ OMB/PUrr.=: ~. 6 Mark J. Rosch Risk Management Executive Director Approval: Documentation: Included: X To Follow: X Not Required: Disposition: Agenda Item LA #3 1tfliff.. SPECIAL PROGRAMS OFFICE c/o Monroe County Housing Authority 1403 12th Street Key West, Florida 33040 (305) 292-1221 FAX (305) 292-1162 October 24,2001 Monroe County Comprehensive Plan Land Authority 222 White Street Key West, Florida 33040 Attention: Mark Rousch, Executive Director RE: Consideration of Acquisition of Overseas Motel for Affordable Housing Dear Mark: Per our conversation, the Monroe County Housing Authority would like to request your office to consider the possible acquisition of property currently known as the Overseas Motel, 3900 Overseas Highway, Marathon, Florida (MM49 Bayside) for the purpose of conversion of the property to affordable housing. At this time we are developing various senarios under which the Monroe County Housing Authority would redevelop the property as affordable housing rental units. These options range from minor rehabilitation to major demolition and new construction. Our office is currently analyzing the cost/benefit of each of various rehabilitation and/or redevelopment options. We would anticipate adopting a development plan prior to any acquisition. The subject property is 61,664 sq. ft. or 1.41 acres with Mixed Use (MU) zoning designation. In a 1999 Development Agreement, Monroe County and the Florida Department of Community Affairs recognized the property contained development rights for 35 units which include 24 transient/motel units, 10 mobile home units and 1 single family residence. The property currently contains the following improvements: · Six concrete block single motel units · Six concrete block duplex motel units · One concrete block and wood frame structure with four efficiency units and a single- family residence. · Eight mobile homeltrailer units · Five small storage buildings Please find attached an ariel view, site plan and property photographs that better describe the subject property. The property is further described as Lot 3 and part of Lot 4, Block 4, Marathon Beach Subdivision. "dedicated to the quality of life through housing and community initiatives" We have had initial meetings with officials of the City of Marathon to determine how the property may be developed. Should the property be considered for acquisition, we would seek approval from the City supporting the public acquisition and proposed development. I will plan to attend the next Land Authority Advisory Board meeting. Should you have any questions in the meantime, please feel free to call me directly. Thank you for your consideration of this request. Sincerely, _ .. (' ~ 'l/"H\,\.y (CJA . Richard Casey, Jr. Programs Administrator (j )1" CC: H. Haskins, Executive Director, Monroe County Housing Authority J. Manuel Castillo, Director of Planning and Development, MCHA Craig Wrathell, City Manager, Marathon (fax 743-3667) Rebecca Jetton, Planning Manager, Department of Community Affairs (fax 289-2442) :Eo :ECO ~ ~~ 000 -I u... :ElO ==~ ~z 1-<( ZW ~O ~O :!Eo ==~ sc Mile Marker 49 Island Vaca Key Property Marathon Beach Subdivision (Overseas Motel)