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't- <br /> r ... . ,+q�,-F�rX ., . . ':` vy ;� , ".�:'S" � ^ k�.,x`'k -. ,.> ,x'`� ., x• � R'" %� .� ,r . ,. , :'..f, <br /> . ?e Aa:- . s.,�t' _p '3�tx. r4�' rs.. ; $ * s�'�� 3f tv �,.rd. t ", :=,c:- r -:x., .,F r .rz e <br /> "' . :. r ,...rk t r s , , cr 'a = r z ;• . .w. <br /> '' ..t.Y � :±i u �� r r, r"#',,,.a. • � fi{a�"YRF a ar', r.n �aFi n•;>. 'a . .�:. ^_ ?: hyri z:. p , . -. r :.. <br /> sr . �, l . :. `' . :: � 5 w' t r ���. is r"'€ � sc { �` a �, <br /> X Y t x` >•. ". rte'' - to +�r"3. 1 .t -: t x `'S 4!'' <br /> N <br /> 3 "4 Yr.+ bf .f ,' tt.'`Y $a.. i ' '+ � ' ,< 'n xS'yd +�'; », aL iy`ii I•YNs £ :- yia.z: rr, <br /> x kY C d x s <br /> „ e�a.�u{ , - ':`;^` 4Yr °„: �G �'- " � , k � 4 .€ <br /> ti <br /> n <br /> ' K �y <br /> I he propem is located on the oceanfront north of Golden Sands Countv Beach Park ( see attached map ) . The <br /> County closed the purchase in August 1998 . under the premise that it will proceed to obtain cost - share <br /> reimbursemegt under the State Conservation and Recreation Lands ( CARL ) pro _ram . <br /> Prior to county purchase of the propem' . in 1995 . the Counn executed a 'Alulti - Pam Acquisition <br /> Agreement " with the Division of State Lands ( DSL ) for the State to buy the propem for inclusion in the <br /> ".Archie Carr Sea Turtle Refuge " project under the CARL program . The Agreement is for 50 `So cost - share <br /> of the approved appraised value . including 500o cost - share of acquisition costs . with the exception of <br /> appraisals , which were paid for with County bond funds . <br /> The DSL has completed its review and acceptance of appraisals and surveys of the Spallone propem• , and <br /> is now ready to schedule the project reimbursement for final Governor and Cabinet approval . In order to <br /> finalize reimbursement and closing with the State . attached is an Option Agreement for Saie and Purchase <br /> of the Spallone propem from the County to the State , for the Board ' s approval consideranon . <br /> ANALYSIS <br /> The attached Option Agreement is comparable to other option contracts that the Counn has executed ( i . e . . <br /> the Fischer- St . Sebastian River property option contract ) as part of cost - share agreements with the State for <br /> the purchase of environmental lands . <br /> Attached is an August 16 , 2000 memorandum from the Counn attornev regarding his re % ie « of the simiia- <br /> Fischer propem Option that was subsequently approved by the Board . The .August 2000 memorandum is <br /> relevant to the Spallone Option, in that it contains the same provisions that are the subiect of the atiorric ' s <br /> IT memorandum . In order for the Board to make an informed decision , the Counn aaorne% s memorandum <br /> summarizes certain provisions of the Option that run in favor of the State ( and not in favor of the Counn I . <br /> County planning staff s position is that the risks to the County under the provisions of the Option are <br /> minimal , and that the Counn should consider moving forward with approval of this standardized Option <br /> .Agreement . <br /> Interest Conveved ; Right of Re-entry <br /> When the Counry executed the Multi - Pam,- Acquisition Agreement in 1995 . and when the Board approved <br /> purchase of the Spallone tract in 1998 and directed staff to seek cost- share reimbursement , it was understood <br /> that the CARL program policy at that time was that the State would receive full title to the propem , and that <br /> the County would retain an interest in the form of a "right of re- entrv" ( similar to what the Counn,- agreed <br /> to on cost- share of the Cairns tract and Fischer tract purchases ) . Since that time . the Counn has insttLated <br /> a change in the State ' s policy such that now the State is more amenable to shared title for new projects . <br /> However. since the Spallone tract was acquired under the previous policy and agreement. the attached Option <br /> A_Treement . as structured. will convey full title interest of the Spallone propem to the State . and contains <br /> a right of re - entry clause . Once Conveved to the State , the propem will become a part of the contiguous <br /> .Archie Carr National Wildlife Refuge. and will be managed by the U . S . Fish and Wildlife Service ( F' 'VS ) as <br /> part of the Refuge . <br /> REC ON11IF \D4TIO <br /> Staff recommends that the Board of County Commissioners approve the attached Option Agreement for <br /> County sale of the Spallone-ACSTR propem to the Board of Trustees of the Internal Improvement Trust <br /> Fund at the pnce of 5245 .000 . and authorize the Board Chairman to execute the document and other <br /> documents as necessary to facilitate the sale closing . <br /> ATTAC'HNIFNTS • <br /> 1 . Location map <br /> 2 . County attorney ' s August 16. 2000 memorandum <br /> - . Option Agreement <br /> 4 . 1995 Multi -Parry Acquisition Agreement <br /> June 12 , 2001 <br /> 53 , ~ ® <br /> d? l c �x 5.3.,. „� a 'M @u'At`s w s. t .„: x ,, t r ::r <%^s n r a `•r <br /> , <br /> l 'y4 <br /> +.va. <br /> a'w; r^ <br /> ' " IVOP <br /> � <br /> 5 <br /> , <br /> i.. <br />