Subject:
Title
Resolution authorizing the County Administrator to negotiate for the purchase of property adjacent to Mariner’s Point Management Area in an amount not to exceed $1.5M in County funding and authorizing the County Administrator to enter into all contracts and agreements necessary for the effectuation thereof, including but not limited to a funding agreement with the West Klosterman Preservation Group (WKPG), Inc. for a contribution of $1.5M, and a purchase and sale agreement with Pinellas County School Board in an amount not to exceed $3.0M; County Administrator’s approval of both the funding agreement and purchase and sale agreement are subject to Board ratification.
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Recommended Action:
Recommended Action
Adoption of the Resolution authorizing the County Administrator to negotiate for the purchase of property, identified on Exhibit A (Property), adjacent to Mariner’s Point Management Area (Mariner’s Point) in an amount not to exceed $1.5M in County funding and authorizing the County Administrator to enter into all contracts and agreements necessary for the effectuation thereof, including but not limited to a funding agreement with West Klosterman Preservation Group, Inc. (WKPG) for a contribution of $1.5M, and a purchase and sale agreement with Pinellas County School Board (PCSB) in an amount not to exceed $3.0M; County Administrator’s approval of both the Funding Agreement and Purchase and Sale Agreement are subject to Board ratification.
• The Property is owned by PCSB.
• The negotiated purchase price is not to exceed $3.0M.
• The County will provide 50.0% of the funding required to purchase the Property in an amount not to exceed $1.5M.
• WKPG will provide a donation to the County in an amount equal to 50.0% of the negotiated purchase price. The agreement with WKPG will establish a timeframe for securing the full amount.
• The Property contains 14 acres of environmentally sensitive land and will be added to Mariner’s Point.
• The County will own the Property and be responsible for future maintenance.
• Property acquisition budgeted under Capital Improvement Program project 002168A - Environmental Lands Acquisition funded by Local Infrastructure Sales Surtax (Penny for Pinellas). Fiscal Year 2023 budget is $3.0M.
Authorize the Clerk of the Circuit Court to record the resolution in the public records of Pinellas County.
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Strategic Plan:
Practice Superior Environmental Stewardship
3.2 Preserve and manage environmental lands, beaches, parks, and historical assets
3.3 Protect and improve the quality of our water, air, and other natural resources
Deliver First Class Services to the Public and Our Customer
5.1 Maximize partner relationships and public outreach
5.2 Be responsible stewards of the public’s resources
5.3 Ensure effective and efficient delivery of county services and support
5.4 Strive to serve the needs of all Pinellas County residents and customers
Summary:
Summary
This action authorizes the County Administrator to negotiate and enter into all contracts and agreements necessary to purchase the Property.
Body
Background Information:
The Property contains 14 acres of environmentally sensitive land located on West Klosterman Boulevard in Tarpon Springs and is adjacent to Mariner’s Point. County staff has previously placed this Property on its list of environmental lands targeted for acquisition through the Parks and Environmental Lands Acquisition Program if it became available for sale.
The PCSB no longer needs the Property and is desirous of selling.
WKPG is a Florida not-for-profit corporation organized for charitable and educational purposes and was formed to undertake preservation and conservation of lands that provide natural habitat and environmental advantage, raising funds and distributing funds for this purpose. Through its fundraising efforts, WKPG has committed to providing 50.0% of the purchase price to assist the County with the acquisition of this environmentally sensitive acquisition.
This Property will be owned by the County and added to Mariner’s Point.
Fiscal Impact:
This Resolution provides a preliminary funding commitment from the County in an amount not to exceed $1.5M, subject to a Sale Agreement and a Funding Agreement.
PCSB has agreed to sell Property for $3.0M. WKPG will provide a donation in the amount of 50.0% of the negotiated purchase price towards the acquisition.
The County contribution is budgeted under CIP project 002168A - Environmental Lands Acquisition, funded by Local Infrastructure Sales Surtax (Penny for Pinellas). FY23 budget for 002168A is $3.0M.
Staff Member Responsible:
Paul Cozzie, Director, Parks & Conservation Resources
Partners:
West Klosterman Preservation Group, Inc.
Attachments:
Resolution