PLACEMENT: Consent
TITLE:
title
ADOPTION OF TWO RESOLUTIONS FOR PURCHASE OF A 5.4 ACRE PARCEL OF ENVIRONMENTAL LANDS ON KUBIN AVENUE, ADJACENT TO MAGGIE’S HAMMOCK PARK FROM BROADBILL DEVELOPMENT, LLC
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EXECUTIVE SUMMARY:
executive summary
Request for the adoption of two Resolutions, one approving and accepting a Vacant Land Contract and Warranty Deed and the other a Resolution approving fund transfer for the purchase of a 5.4-acre parcel, adjacent to Maggie’s Hammock, in Rocky Point from Broadbill Development, LLC for environmental lands with funding from District 4 MSTU.
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DEPARTMENT: Public Works
PREPARED BY: Name: Carla T. Segura, FRP
Title: Real Property Manager
REQUESTED BY: Taryn Kryzda, County Administrator and Sarah Heard, District 4 Commissioner
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
1. Documents drafted by: Martin County
2. Parties to the Acquisition: Martin County - Grantee
Broadbill Development, LLC - Grantor
3. Purpose of the Acquisition/Donation: Acquisition of a 5.4-acre parcel of vacant
land for park, trails and preservation of natural habitat
4. New/Renewal/Modification: New
5. Duration: Perpetual
6. Benefits to Martin County: Addition of environmental lands to the County
7. Cost to Martin County: $450,000 purchase price, due diligence and
closing costs not to exceed $8,000
In August 2019, John Dial (owner) of Broadbill Development, LLC, was approached regarding the possible sale of a 5.4-acre parcel adjacent to Maggie’s Hammock Park in Rocky Point.
This parcel is one of the few remaining natural areas in Rocky Point and is the home to several native species of plants and animals. It may be one of the last remaining critical maritime hammocks available for preservation. This 5.4-acre parcel is just north of Maggie’s Hammock Park off Kubin Avenue, in Rocky Point. The owner recognizes the critical environmental value of the parcel. This transaction represents a great opportunity to preserve land and habitats for enjoyment by future generations.
A development order was initiated on the parcel, which will not be used when the County purchases the property.
Real Property has confirmed ownership of the property and there are no encumbrances on the property. An appraisal has been obtained. Commissioner Sarah Heard, District 4, would like to use District funds to purchase the property. All final documentation will be reviewed by Legal before recording.
In 2010, at Commissioner Heard’s request, the Board established an Endowment Fund for Peck Lake Park and Twin Rivers Park to be funded by District 4 MSTU funds for approximately 10 years. The term of this Endowment Fund has expired and the amount in the Endowment Fund is in excess of what is needed to cover expenditures for those parks in FY21. Consistent with the original offer of funding, Commissioner Heard would like to terminate the Endowment Fund at the end of FY21; and at this time would like to move the excess funding back to the District 4 MSTU Fund.
Sec. 139.31 and 139.32, General Ordinances, Martin County Code require that any conveyance of an interest in land to Martin County for any public purpose shall be accepted and approved by resolution by the Board of County Commissioners of Martin County.
ISSUES:
None
LEGAL SUFFICIENCY REVIEW:
This item has been reviewed for legal sufficiency to determine whether it is consistent with applicable law, has identified and addressed legal risks and has developed strategies for legal defensibility.
RECOMMENDED ACTION:
RECOMMENDATION
1. Move that the Board adopt the Resolution accepting and approving the Vacant Land Contract and Warranty Deed for the purchase of the 5.4-acre parcel from Broadbill Development, LLC; and
2. Move that the Board adopt the Resolution approving the Inter-fund transfer from the Endowment Fund for Peck Lake Park and Twin Rivers Park to the District 4 MSTU Fund; and
3. Move that the Board authorize the Chair to execute any and all documents necessary to complete this transaction.
ALTERNATIVE RECOMMENDATIONS
Pull this item from the Consent Agenda and provide staff with alternative direction.
FISCAL IMPACT:
RECOMMENDATION
None
|
Funding Source |
County Funds |
Non-County Funds |
|
Purchase Price |
$450,000 |
|
|
Closing Costs and Due Diligence |
$8,000 |
|
|
|
|
|
|
Subtotal |
$458,000 |
|
|
Project Total |
$458,000 |
ALTERNATIVE RECOMMENDATIONS
None
DOCUMENT(S) REQUIRING ACTION:
☐Budget Transfer / Amendment ☐ Chair Letter ☒Contract / Agreement
☐Grant / Application ☐Notice ☐Ordinance ☒Resolution
☒Other: 2 Resolutions
This document may be reproduced upon request in an alternative format by contacting the County ADA Coordinator (772) 320-3131, the County Administration Office (772) 288-5400, Florida Relay 711, or by completing our accessibility feedback form at www.martin.fl.us/accessibility-feedback <http://www.martin.fl.us/accessibility-feedback>.