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9.A.7. ENVIRONMENTAL LAND ACQUISITION PROJECT - <br />APPROVE PURCHASE OF THE SIMMONS AND ANDRE PARCELS <br />OF THE OYSTER BAR SALT MARSH (Legislative) <br />PROOF OF PUBLICATION IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />Chief Environmental Planner Roland M. DeBlois reviewed a Memorandum of <br />October 31, 2000 aided by a site map and aerial photograph projected on the overhead: <br />TO: James E. Chandler <br />County Administrator <br />DEP MENT HEAD CONCURRENCE: <br />Robert W Keating, AICD <br />Community Development Dir ctor <br />FROM: Roland M. DeBloi . AICP <br />Chief, Environmental Planning <br />DATE: October 31, 2000 <br />SUBJECT: APPROVAL OF PURCHASE OF THE SIMMONS AND ANDRE PARCELS <br />OF THE OYSTER BAR SALT MARSH ENVIRONMENTAL LAND <br />ACQUISITION PROJECT <br />It is requested that the information herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of November 7, 2000. <br />Staff recommends that the Board of County Commissioners purchase (with bond funds) the Simmons <br />and Andre parcels of the Oyster Bar Salt Marsh LAAC project. The proposed purchase contracts <br />(already executed by the sellers) are summarized as follows: <br />Purchaser: Indian River County Board of County Commissioners / Florida Communities Trust <br />(Indian River County will hold title) <br />Seller: Marie Simmons (1/2) & Universal Life Church c/o P. Sabonjohn (1/2) (four parcels) <br />Laura Andre (four parcels) <br />Cost -Share: Florida Communities Trust (50%) (includes share of acquisition costs) <br />Total Price: $640,000 (average ±$7.063 per acre overall) <br />Other Costs: ±$25,000 (survey, environ. audit, title insurance) <br />County Rands <br />Finen iture. ±$332,500 (approximate, not including initial management costs) <br />November 7, 2000 <br />122 <br />6K 115 PG 831 <br />