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It is requested that the information herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of April 4, 2000. The Board of County Commissioners, at a public hearing on March 21, 2000, approved county purchase of the ± 14.6 acre "Casey parcels" of the Round Island South project using environmental land bond funds. Similarly, at a public hearing on December 21, 1999, the Board approved purchase of the ± 66 acre Salama and Emerson parcels of the Oslo Riverfront South environmental land project. Each of the purchases are scheduled to close at the end of April, with 50% cost -share funding from the Florida Communities Trust (FCT). Attached, for the Board's approval consideration, are four documents required by the FCT for the cost -share purchases: three "Purchaser's Reconciliation of Total Project Costs" statements; and a Grant Award Agreement (for the Salama and Emerson parcels; a similar agreement was approved for Round Island South as part of an earlier purchase, and therefore one is not needed for the Casey parcels purchase). Grant Award Agreement The Grant Award Agreement for the Salama and Emerson parcels is a standard document that the FCT requires be recorded in the public records. Generally, the Agreement explains the County's obligations to manage the property for conservation with compatible public access, as agreed to in the grant application. The obligations in the Grant Award Agreement are consistent with proposed management activities described in detail in the conceptual management plan. Reconciliation of Total Project Costs Statements The Purchaser's Reconciliation of Total Project Costs statements provide a breakdown of acquisition costs, and details concerning the cost -share amount that the County will receive from the FCT for each of the purchases. As calculated, the total amount of the FCT grant award that the County will receive for the Casey parcels is $119,075.00. The grant award for the Salama and Emerson parcels is $755,476.15 (Salama - $598,496.15, Emerson - $156,980.00). Summary The County's obligations under the FCT cost -share grants are consistent with the objectives of the County's environmental lands program. Since the County has committed, under its own objectives, to managing the properties for conservation with limited public access, it is staff s position that the Board should approve the herein described documents and proceed to obtain the combined total of $874,551.15 from the FCT for the purchases. Staff recommends that the Board of County Commissioners approve the attached documents, and authorize the Board Chairman to execute the Grant Award Agreement and Purchaser's Reconciliation of Total Project Costs statements for purchase of the Casey, Salama, and Emerson parcels. Moreover, staff recommends that the Board authorize county staff to take actions as necessary to finalize closing of the purchases in coordination with the FCT. APRIL 4, 2000 -33- SOCK