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Boos 107 PAGE 39 7.G. CARSON PLATT ESTATE PROPERTY- CARL PROGRAM- PARTICIPATION AGREEMENT WITH ST.JOHNS RIVER WATER MANAGEMENT DISTRICT FOR COST -SHARE PURCHASE The Board reviewed a Memorandum of September 29, 1998: TO: James E. Chandler County Administrator D NT HEAD CON NCE: a ert . Keating, AICP Community Development D FROM: Roland M. DeBloj . ICP ✓ Chief, Environmental Planning DATE: September 29, 1998 SUBJECT: Approval of Participation Agreement with the St Johns River Water Management District for Cost -Share Purchase of the Carson Platt Estate Property It is requested that the information herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of October 6, 1998. The Board of County Commissioners, at a public hearing on April 14, 1998, agreed to participate as a cost -share partner with the St. Johns River Water Management District (SJRWMD) and the State Conservation and Recreation Lands (CARL) program to purchase the ±5,361 acre Carson Platt Estate property (located northwest of the C.R. 512/1-95 interchange). The purchase price of the property as negotiated by the SJRWMD is $10,027,611.72. At the April le meeting, the Board adopted Resolution 98-44, whereby the Board agreed to 33% cost -share participation, contingent upon the County obtaining undivided title interest. However, on April 28, 1998, the Board revised its position and adopted Resolution 98-52 (see attached), whereby the Board agreed to 25% cost -share participation, with the title interest issue to be pursued separately through the State Land Acquisition and Management Advisory Council (LAMAQ. Closing of the Carson Platt Estate property purchase is targeted for mid to late October, 1998. As part of the closing process, SJRWMD staff has dratted the attached participation agreement between the County and the District, presented herein for the Board's approval consideration. The proposed participation agreement is required by the SJRWMD under its land acquisition procedures. The agreement is consistent with what the Board agreed to in County Resolution No. 98-52. Under the agreement, the County's 25% participation amounts to $2,506,902.93 (subject to adjustment due to final surveyed acreage), plus 25% of acquisition costs (e.g., appraisals, survey, environmental audit, title insurance). Under the agreement, the County will have no title interest in the Carson Platt Estate property, the property will be managed as an expansion of the St. Sebastian Buffer Preserve by the Department of Environmental Protection (DEP), Division of Marine Resources. As mentioned, the County is pursuing the issue of local government title interest through the LAMAC. A "white paper" study of the issue is to be discussed at LAMAC's October meeting. Staffs position is that the County should proceed with the Carson Platt Estate closing in accordance with the terms of the proposed participation agreement. If the County succeeds in its efforts to revise State policy oifloc al title interest in CARL cost -share purchases, the County OCTOBER 6, 1998 0 -15- C