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Staff recommends that the Board of County Commissioners participate as a one-third cost share <br />partner with the St. Johns River Water Management District (SJRWMD) and the State <br />Conservation and Recreation Lands (CARL) program regarding purchase of the Carson Platt <br />Estate property, contingent upon the County obtaining undivided title interest in the property. The <br />proposed purchase is summarized as follows: <br />Purchaser: Indian River County Board of County Commissioners (1/3) <br />St. Johns River Water Management District (1/3) <br />Conservation & Recreation Lands (CARL) Program (1/3) <br />Seller: Carson Platt Estate <br />Total Price: $10,027,611.70 (±$1,870 per acre overall) <br />CountX Bonds <br />FWn kure- ±$3,342,537 <br />Acreage: ±5,361.09 acres <br />LAAC Reeo mendation: <br />The County Land Acquisition Advisory Committee (LAAC), at its meeting on March 25, 1998, <br />voted unanimously to recommend that the Board approve one-third cost -share participation in the <br />Carson Platt Estate land purchase, contingent upon the County obtaining a one-third undivided <br />title interest the property. <br />Closing subject to County Commission and Governor & Cabinet approval; County participation <br />contingent upon obtaining one-third undivided interest in the property; State will manage the <br />property as an expansion of the St. Sebastian River Buffer Preserve. <br />Recently, staff from the St. Johns River Water Management District (SJRWMD) negotiated a purchase <br />contract to buy 5,361.09 acres of the Carson Platt Estate property at a price of S 10,027,611.72 (see the <br />attached SJRWMD public hearing memorandum) The SJRWMD Governing Board, at its regular <br />meeting on March 11, 1998, approved the purchase subject to a number of contingencies, including the <br />condition of one-third funding (each) from the CARL program and Indian River County. <br />Last year, upon recommendation by LAAC, the Board of County Commissioners conceptually agreed to <br />participate as a 25% cost -share partner in the Carson Platt property purchase. At that time, SJRWMD <br />staff had conceived that the District and the County would pay 25%, with the CARL program providing <br />the remaining 50% funding. However, as negotiations approached completion, CARL program staff <br />indicated that CARL would match (but not exceed) SJRWMD's c6ntnbution. <br />As a result, the District is now asking the County to increase its contribution to one-third of the purchase <br />cost, such that each agency will contribute an equal share. <br />Another issue is the County's real interest in the property. As discussed with SJRWMD staff last year, <br />the District was amenable to the County having an undivided interest in the property. However, when <br />SJRWMD staff raised this issue recently with CARL staff, CARL staff said it is against -CARL program <br />policy for local governments to obtain title interest. Rather, the State could work with the County as it <br />did on the Cairns and Irwin Tract purchases, regarding a 15 year "right -of -reentry" clause to satisfy the <br />legal requirements of the county land acquisition bond. <br />The Carson Platt Estate property is currently ranked 2m on the LAAC site acquisition list. Purchase of the <br />property would satisfy County Comprehensive Plan policies relating to native upland acquisition (pine <br />flatwoods expanse and overall minimum acreage commitments). The property would also substantially <br />complete the St. Sebastian Buffer Preserve project, bringing that project up to a total of ±22,000 acres <br />(inclusive of Brevard County conservation land). The property ranks highly in all categories relating to <br />the County environmental lands program criteria. Among other things, the property contains habitat of <br />federally threatened and endangered species, including the bald eagle, red -cockaded woodpecker, and <br />Florida scrub jay. As proposed, the property would be managed by the Department of Environmental <br />Protection, with the County having an opportunity for input in the management planning process. <br />Because the Carson Platt properly substantially serves the County's land conservation objectives, and <br />would be an asset to the County public as a passive recreation area, staff thinks it is appropriate for the <br />County to agree to increase its share to one-third ($±3,342,537.00). <br />Regarding the County's real interest in the property, the Board of County Commissioners has expressed <br />its concern on this issue to the State. The County's main concern is to prevent the possibility that at some <br />time in the future the property would be used for something contrary to resource conservation. Staff s <br />opinion is that the County should "hold the line" on this issue, as recommended by LAAC, and make the <br />County's participation contingent upon the County obtaining a one-third undivided interest in the <br />property. A SJRWMD representative, who attended the March 25t' LAAC meeting, indicated that the <br />District would support the County's position on this issue. <br />APRIL 14, 1998 <br />