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existence of a flow well on that property. Some of the 20 lots on the current list of surplus properties may be too small or are landlocked and are not buildable as separate lots. Other lots on the list appear to be buildable as separate/independent lots. Even the "not buildable" lots on the list may have value since they may be sold to owners of adjacent lots. In the end, funds resulting from a sale will contribute toward affordable housing efforts in the county. Alternatives With respect to the referenced surplus properties, the Board of County Commissioners has the following choices: 1. Keep the surplus properties for future use, or 2. Surplus the properties and use the proceeds for providing affordable housing. Staff supports alternative number 2. Because each of the properties is located in a residential subdivision and is not needed for right-of-way, drainage, utilities, emergency services, parks/recreation, or conservation purposes, those properties are not conducive for any standard public use. Consequently, the county does not have a reason to retain those properties. On the other hand, there is a constant demand for affordable housing within the county and proceeds from the sale of the properties will supplement the County's affordable housing efforts. If the Board decides to surplus the subject properties for the provision of affordable housing, then there are three options available. Those options are: Options for Disposition of Surplus Properties: There are three options for disposing of the surplus properties for affordable housing purposes. Those are: 1. Sell the properties and contribute the proceeds to the county's affordable housing trust fund (SHIP Trust Fund), or 2. Sell the properties with a deed restriction that requires that the properties be developed as permanent affordable housing, or 3. Donate the properties to non-profit housing organizations to construct affordable housing units with deed restrictions to ensure that the properties are maintained as permanent affordable housing. Details of each option are provided below. ■ Option 1 Option one is the easiest to implement because it does not require long term monitoring. Under the Option 1 approach, funds derived from selling the surplus properties would be deposited in the county's affordable housing trust fund and used for affordable housing program activities such as down payment and closing cost assistance or rehabilitation assistance. Over the last twenty years, the 105