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AGENDA

BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND

APRIL 23, 1996

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Item 1 Minutes

Submittal of the minutes of the March 12, 1996 Cabinet meeting.

RECOMMEND ACCEPTANCE

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Item 2 Florida Department of Agriculture and Consumer Services/Quitclaim Deed

REQUEST: Consideration of (1) a request by the Department of Agriculture and Consumer Services (DACS) to sell a parcel of real property pursuant to subsection 253.025(13), F.S.; and (2) a request by the department to convey the parcel by quitclaim deed to DACS.

COUNTY: Bay County

APPLICANT: Department of Agriculture and Consumer Services

LOCATION: A parcel located in Section 05, Township 04 South, Range 14 West, containing 10 acres, more or less. (Panama City District Headquarters).

State Lands Inventory Number: 03-0100.0.

STAFF REMARKS: Title to this property was vested in the Board of Trustees through a conveyance by DACS pursuant to section 253.03, F.S. Subsection 253.025(13), F.S., gives DACS the authority with the consent of the majority of the Governor and Cabinet, sitting as the Board of Trustees, to sell or exchange the forestry sites listed in the statute. In the case of a sale, the proceeds are to be deposited into the DACS Relocation and Construction Trust Fund. DACS is proposing the sale in order to relocate to a site that will better serve its management needs. To facilitate the sale of the property, the department recommends that the Board of Trustees convey the property by quitclaim deed to DACS.

Pursuant to subsection 253.03(3), F.S., this conveyance will not contain reservations of petroleum, phosphate, metal and mineral interests.

A consideration of the status of the local government comprehensive plan was not made for this item. The department has determined that land conveyances are not subject to the local government planning process.

(See Attachment 2, Pages 1-5)

RECOMMEND APPROVAL

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Item 3 Jordan Ranch CARL Project/Southwest Florida Water Management District Acquisition Agreement

REQUEST: Authority to enter into an acquisition agreement with Southwest Florida Water Management District for the Jordan Ranch CARL project.

COUNTY: Citrus

LOCATION: Sections 14, 15, 22, 23, 25-27, 29, 34, 35 Township 17 South, Range 19 East.

Board of Trustees

Agenda - April 23, 1996

Page Two

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Item 3, cont.

STAFF REMARKS: The Jordan Ranch CARL project is ranked number 8 on the Bargain/Shared CARL List approved by the Board of Trustees on February 13, 1996, and is anticipated to be eligible for negotiation under the Division of State Lands' FY96/97 Land Acquisition Workplan, if the 1996 Florida Legislature appropriates a 7th series of Preservation 2000 bonds. The proposed agreement covers the entire 2,276-acre Jordan Ranch CARL project owned by the Jordan Family.

To facilitate the acquisition of this project, the Southwest Florida Water Management District (District) has offered to take the lead in the acquisition of this joint project. Staff has prepared an agreement that would allow the District to acquire the Jordan Ranch CARL project in accordance with section 259.041(16), F.S., utilizing the procedures set out in section 373.139, F.S. On April 11, 1995, the Board of Trustees approved the use of the District's procedures to allow the District to acquire lands to be held jointly by the Board of Trustees and the District.

If the Board of Trustees approves this item, the District staff will present the agreement to the Governing Board of the District for execution at its next Governing Board meeting. Upon receipt of the executed agreement from the District, staff will execute the agreement on behalf of the Board of Trustees.

Incorporated into the agreement are a number of assurances that the District is giving the Board of Trustees in return for its consideration of this agreement. The District has agreed to: (1) comply with the procedures set out in section 373.139, F.S.; (2) defend the Board of Trustees against all title and survey disputes or defects and environmental contamination associated with each acquisition negotiated by the District that were either known or should have been known by the District at the time the District acquired the parcel; and (3) reimburse the Board of Trustees 50 percent of any overpayment of the purchase price if an audit or investigation determines that the purchase price paid exceeded the actual appraised value.

Under the proposed agreement, the District staff will obtain and review appraisals, negotiate a purchase contract and secure the approval of its Governing Board. The District will provide the Division of State Lands with a Board resolution covering the assurances noted in the previous paragraph and requesting reimbursement of the Board of Trustees' share of the purchase price. Staff will request Board of Trustees' authorization to proceed for each parcel the District contracts to purchase. In addition, the agreement provides for the District to be reimbursed 50 percent of all costs associated with its attempt to acquire lands within the project, including all pre-acquisition and closing related costs, with the pre-acquisition costs being reimbursed even if the District is unsuccessful in acquiring any property. The agreement authorizes staff to reimburse these costs from CARL incidental expense funds previously released by the Board of Trustees. If the Board of Trustees authorizes the purchase, the District will proceed to closing with title to be vested jointly with the District and the Board of Trustees, each holding an undivided 50 percent interest.

The Jordan Ranch CARL project will be managed by the Division of Forestry as a state forest.

This acquisition is consistent with section 187.201(10), F.S., the Natural Systems and Recreational Lands section of the State Comprehensive Plan.

(See Attachment 3, Pages 1-6)

RECOMMEND APPROVAL

Board of Trustees

Agenda - April 23, 1996

Page Three

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Item 4 Florida Keys Ecosystem CARL Project/Leda Seigal Option Agreement

REQUEST:  Consideration of an option agreement to acquire approximately 9.65 acres within the Florida Keys Ecosystem CARL project from Leda Seigal utilizing appraisals based on land use regulations in effect as of January 1, 1996.

COUNTY:  Monroe

LOCATION:  Sections 13, 23 & 24, Township 66 South, Range 28 East

CONSIDERATION:  $810,000

REVIEW NO. 607001


		APPRAISED BY
	  Ames 	    Johnston  APPROVED    PURCHASE  OPTION
ACRES 	(10/18/95) (10/25/95)  VALUE       PRICE     DATE
9.65 	$850,000   $700,000   $840,000*  $810,000  06/28/96

		*120% of the lower approved value


STAFF REMARKS:  The Florida Keys Ecosystem CARL project is ranked number 5 on the CARL Priority Project List approved by the Board of Trustees on February 13, 1996, and is eligible for negotiation under the Division of State Lands' Land Acquisition Workplan.  The project contains 6,964 acres, of which 466 acres have been acquired or are under agreement to be acquired.  After the Board of Trustees approves this agreement, 6,488 acres or 93 percent of the project will remain to be negotiated.

On March 12, 1996, the Board of Trustees exercised its authority under section 259.041(1), F.S., to waive the normal appraisal procedures and to substitute other reasonably prudent procedures. This waiver enabled the Division of State Lands to utilize approved appraised values that were based on land use regulations in effect as of January 1, 1996 in Monroe County, Florida.

All mortgages and liens will be satisfied at the time of closing.  In the event the commitment for title insurance, to be obtained prior to closing, reveals any other encumbrances which may affect the value of the property or the proposed management of the property, staff will so advise the Board of Trustees prior to closing.

The certified survey and environmental site assessment will be provided by the purchaser.

The Florida Keys Ecosystem is part of a strategy for conserving the biological diversity of the tropical hardwood hammock ecosystem in the continental United States. The project (located in an area of Critical State Concern) would provide a network of hammock forest preserves linking existing hammock preserves in North Key Largo and the Lower Keys, insuring that critical ecological processes will be preserved. Natural communities within the project sites include tropical hardwood hammock (Rockland Hammock), estuarine tidal swamp and coastal rock barren.

This property will be managed by The Nature Conservancy for the conservation and preservation of its natural resources.

This acquisition is consistent with section 187.201(10), F.S., the Natural Systems and Recreational Lands section of the State Comprehensive Plan.

(See Attachment 4, Pages 1-23)

RECOMMEND APPROVAL

Board of Trustees

Agenda - April 23, 1996

Page Four

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Item 5 Florida Keys Ecosystem CARL Project/Plantation Key Development Corporation Option Agreement

REQUEST:  Consideration of an option agreement to acquire approximately 38.25 acres within the Florida Keys Ecosystem CARL project from Plantation Key Development Corporation utilizing appraisals based on land use regulations in effect as of January 1, 1996.

COUNTY:  Monroe

LOCATION:  Section 05, Township 63 South, Range 38 East

CONSIDERATION:  $140,000
REVIEW NO. 607002


APPRAISED BY
	JOHNSTON   APPROVED  PURCHASE  OPTION 
ACRES   (01/26/95)  VALUE     PRICE     DATE 
38.25   $203,000   $203,000  $140,000  08/30/96


STAFF REMARKS:  The Florida Keys Ecosystem CARL project is ranked number 5 on the CARL Priority Project List approved by the Board of Trustees on February 13, 1996, and is eligible for negotiation under the Division of State Lands' Land Acquisition Workplan.  The project contains 6,964 acres, of which 476 acres have been acquired or are under agreement to be acquired.  After the Board of Trustees approves this agreement, 6,450 acres or 93 percent of the project will remain to be negotiated.

On March 12, 1996, the Board of Trustees exercised its authority under section 259.041(1), F.S., to waive the normal appraisal procedures and to substitute other reasonably prudent procedures. This waiver enabled the Division of State Lands to utilize approved appraised values that were based on land use regulations in effect as of January 1, 1996 in Monroe County, Florida.

All mortgages and liens will be satisfied at the time of closing.  In the event the commitment for title insurance, to be obtained prior to closing, reveals any other encumbrances which may affect the value of the property or the proposed management of the property, staff will so advise the Board of Trustees prior to closing.

The certified survey and environmental site assessment will be provided by the purchaser.

The Florida Keys Ecosystem is part of a strategy for conserving the biological diversity of the tropical hardwood hammock ecosystem in the continental United States. The project (located in an area of Critical State Concern) would provide a network of hammock forest preserves linking existing hammock preserves in North Key Largo and the Lower Keys, insuring that critical ecological processes will be preserved. Natural communities within the project sites include tropical hardwood hammock (Rockland Hammock), estuarine tidal swamp and coastal rock barren.

This property will be managed by The Nature Conservancy for the conservation and preservation of its natural resources.

This acquisition is consistent with section 187.201(10), F.S., the Natural Systems and Recreational Lands section of the State Comprehensive Plan.

(See Attachment 5, Pages 1-21)

RECOMMEND APPROVAL

Board of Trustees

Agenda - April 23, 1996

Page Five

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Item 6 Florida Department of Environmental Protection/Commonwealth Partners/Interstate Tallahassee West Purchase Agreements

REQUEST: Consideration of two purchase agreements to acquire approximately 26.74 acres from Commonwealth Partners and Interstate Tallahassee West.

COUNTY: Leon

LOCATION: Sections 17 and 20, Township 01 North, Range 01 West

CONSIDERATION: $2,594,000
REVIEW NO. 607003



                           APPRAISED BY
                     Griffith     Ketcham    APPROVED     PURCHASE    CLOSING
PARCEL      ACRES   (11/29/95)   (11/30/95)   VALUE        PRICE       DATE
Commonwealth 9.45   $1,297,000   $1,500,000  $1,500,000   $1,235,000  30 days
							              after BOT 
  							              approval

REVIEW NO. 607004


Interstate  17.29   $1,379,000   $1,595,000  $1,595,000   $1,359,000  120 days
            -----                             ---------    ---------  after BOT
            26.74                            $3,095,000   $2,594,000  approval
								   													



STAFF REMARKS: These acquisitions were negotiated by the Department of Environmental Protection. Funds for these acquisitions were appropriated by the 1995 Florida Legislature and are still available. These parcels are contiguous to the Marjory Stoneman Douglas Building and are part of the Department of Environmental Protection's office relocation and expansion project.

All mortgages and liens will be satisfied at the time of closing. In the event the commitments for title insurance, to be obtained prior to closing, reveals any other encumbrances which may affect the value of the properties or the proposed management of the properties, staff will so advise the Board of Trustees prior to closing.

A certified survey and an environmental site assessment will be provided by the seller for the Commonwealth parcel and by the purchaser for the Interstate parcel prior to closing. The purchaser will reimburse the seller for the minimum promulgated rate of the title costs for the Interstate parcel.

These properties will be managed by the Department of Environmental Protection as part of the existing Department of Environmental Protection facilities.

These acquisitions are consistent with section 187.201(18), F.S., the Public Facilities section of the State Comprehensive Plan.

(See Attachment 6, Pages 1-32)

RECOMMEND APPROVAL

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Item 7 BOR/FSU/BOT/Moy and Studley/Studley/Lord and Richards Purchase Agreements

REQUEST: Consideration of three purchase agreements among the Florida Board of Regents, Florida State University and the Board of Trustees to acquire a total of 0.61± acre of land from three separate owners.

Board of Trustees

Agenda - April 23, 1996

Page Six

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Item 7, cont.

COUNTY: Leon

APPLICANT: Florida State University

LOCATION: Section 35, Township 01 North, Range 01 West

CONSIDERATION: $346,850

REVIEW NO. 607005

		 APPRAISED BY
PARCEL#/          CARLTON    APPROVED PURCHASE CLOSING
SELLER    ACRES   (06/28/95)  VALUE    PRICE    DATE
21/Moy &   0.32   $171,000   $171,000  $170,000 07/03/96
Studley

REVIEW NO. 607006

22/Studley 0.16    $57,000    $56,000   $56,000 07/03/96

REVIEW NO. 607007

93/Lord &  0.13   $121,000   $121,000  $120,850 08/05/96
Richards 
           ----               --------  --------
TOTAL      0.61              $349,000  $346,850

STAFF REMARKS: These acquisitions were negotiated by Florida State University (FSU). Funds for these acquisitions were appropriated by the Florida Legislature and are still available.

Each of the three parcels currently is improved. Parcel 21 contains two duplexes; parcel 22 a single duplex; and parcel 93 a duplex and a single family residence.

The improvements will be removed as soon as FSU obtains all of the necessary permits, after which the area will be used for parking. Ultimately, the area is slated for new construction with FSU's future expansion.

All mortgages and liens on each parcel will be satisfied at the time of closing. In the event the commitment for title insurance, to be obtained for each parcel prior to closing, reveals any other encumbrances which may affect the value of the property or the proposed management of the property, staff will so advise the Board of Trustees prior to closing. FSU will reimburse each seller for the cost of the title insurance commitments and policies. The reimbursements shall not exceed the minimum promulgated rate.

A certified survey and environmental site assessment will be provided by each seller for each parcel prior to closing with FSU reimbursing each seller for the cost of the surveys and environmental site assessments.

All three parcels will be managed by Florida State University as a part of the FSU campus through a lease to the Florida Board of Regents.

These acquisitions are consistent with section 187.201(01), F.S., the Education section of the State Comprehensive Plan.

(See Attachment 7, Pages 1-60)

RECOMMEND APPROVAL