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• <br />• <br />Contract <br />In coming to terms with county staff on the negotiated purchaserice <br />approval), the seller has executed a standard purchase contract Option Agreembnt with ct to minor mod fi actio on <br />A copy of the contract is attached to this staff report. <br />ANALYSIS <br />Appraised Value <br />As with all LAAO site purchase negotiations, staffs objective is to negotiate a purchase price at or below the <br />approved appraised value, and staff has fulfilled that objective in this case. <br />Armfield-Wagner, in determiningthe <br />the f1 wide, per, long appraised value, assumes that Mr. Simonye has legitimate <br />quitclaim deeded strip that affords access to the otherwise land -locked �fitve-acre <br />parcel. From a practical standpoint, the five -acre tract is contiguous to County <br />therefore the quitclaim strip is not critical to County theno the pa celconNotwithstanding, land, and <br />management acvass to the parcel. Noiwithstunding, <br />legitimacy of the quitclaim access is important to support the appraised <br />price is 89% of the appraised value, staff feels that it is sufficiefor the County to accept asst <br />Simonye's quit -claim interest without need for additional title work to supportalue. Smcee negotiated purchase <br />P gement pofrice. the negotiated purchase price. <br />Com rehensive Plan Act uisition Commitment <br />Conservation Policy 6.14 of the 2020 County Comprehensive Plan commits the County to acquire a minimum <br />of 500 acres of pine flatwoods/dry prairie for conservation purposes. Although the County has fulfilled this <br />minimum acreage requirement, the subject parcel contributes slightly to this policy by conserving + <br />of pine flatwoods. the purchase would also further objectives in the County comprehensive plan relating to <br />open space and passive recreation. _ acres <br />RECOMMEiNDATION: <br />Staff recommends that the Board of County Commissioners approve exercise of the purchase contract for <br />the Simonye parcel addition to the North Sebastian Conservation Area, and authdrize staff to proceed with <br />closing on the subject parcel. <br />ATTACIMENTS: <br />• Maps of the Simonye parcel <br />• • Unapproved minutes excerpt from 02/27/02 LAAO meeting <br />Option Agreement <br />• <br />MARCH 12, 2002 <br />-41- <br />I� <br />• <br />