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Contract <br />In coming to terms with DSL and county staff on the negotiated purchase price (subject to County <br />Commission and State approval), the seller has executed a standard DSL purchase contract Option <br />Agreement with minor modifications. A copy of that contract is attached to this staff report. <br />ANALYSIS <br />Multiple Benefits <br />• Comprehensive Plan Acquisition Commitment <br />Conservation Policy 6.3 of the County Comprehensive Plan commits the County to acquire a <br />minimum of 100 acres of coastal tropical hammock, and Policy 6 calls for acquisition of at least an <br />overall total of 750 acres of native upland plant community. Although the County has already <br />acquired more than 100 acres of coastal hammock, the Irwin Tract will contribute 8.07 acres toward <br />the overall total native uplands acquisition commitment. <br />The project also furthers objectives in the County comprehensive plan relating to open space, historic <br />resources, and endangered species habitat protection. The purchase would also serve to maintain low <br />development density on the north barrier island from the standpoint of hurricane evacuation concerns. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve the Irwin Tract purchase <br />contract by agreeing to exercise its purchase option, contingent on the State's approval to exercise <br />the option under a 75% cost -share. Staff also recommends that the Board authorize staff to proceed <br />with property closing tasks in coordination with the State, and authorize the Board Chairman to <br />execute any documents associated with the closing. <br />ATTACHMENTS <br />*General map of project <br />•LAAC meeting minutes <br />*Purchase Option Contract <br />[Appraisals are available for review in the County Planning Office] <br />OCTOBER 14, 1997 <br />41 <br />,a sR 10L7 <br />