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CCLAAC Agenda 07/12/2021 AGENDA CONSERVATION COLLIER LAND ACQUISITION ADVISORY COMMITTEE July 12, 2021 9:00 A.M. Commission Boardroom W. Harmon Turner Building (Building “F”), Third Floor As part of an ongoing initiative to promote social distancing during the Covid-19 pandemic, the public will have the opportunity to provide public comments remotely, as well as in person. Individuals who would like to participate remotely, should register here. Individuals who register will receive an email in advance of the public hearing detailing how they can participate remotely in this meeting. For additional information about the meeting, please call Summer Araque at (239) 252-2979 or email to: ConservationCollier@colliercountyfl.gov I. Roll Call II. Approval of Agenda III. Approval of May 10, 2021 Meeting Minutes IV. New Business A. Acquisition Cycle 10 1. Big Hammock Initial Criteria Screening report 2. Multi-Parcel projects Appraisal V. Old Business A. Railhead Scrub Preserve updates 1. School site coordination 2. Veterans Memorial Boulevard VI. Coordinator Communications A. BCC Items B. Preserve Updates C. Move meetings for 2022 D. Miscellaneous Items VII. Subcommittee Reports A. Lands Evaluation & Management – Chair, Bill Poteet – next meeting September 8, 2021 B. Outreach – Chair, Brittany Patterson-Weber – last meeting March 24, 2021 C. Ordinance Policy and Rules –Chair to be selected at next meeting; next meeting July 28, 2021 VIII. Chair and Committee Member Comments IX. Public General Comments X. Staff Comments XI. Next Meeting – August 9, 2021 XII. Adjourn ****************************************************************************************************** Committee Members: Please notify Summer Araque at 252-2979 no later than 5:00 p.m. Thursday, July 8, 2021 if you cannot attend this meeting or if you have a conflict and will abstain from voting on an agenda item. May 10, 2021 1 MINUTES OF THE CONSERVATION COLLIER LAND ACQUISITION ADVISORY COMMITTEE MEETING Naples, Florida, May 10, 2021 LET IT BE REMEMBERED, the Conservation Collier Land Acquisition Advisory Committee in and for the County of Collier, having conducted business herein, met on this date at 9:00 A.M. in REGULAR SESSION at Administrative Building “F”, 3rd Floor, Collier County Government Complex Naples, Florida with the following members present: CHAIRMAN: Bill Poteet VICE CHAIRMAN: Michele Lenhard Michael Seef (via Zoom) Gary Bromley (via Zoom) Brittany Patterson-Weber Thomas J. Iandimarino Hannah Rinaldi David Corban Carl Kuehner (via Zoom) ALSO PRESENT: Summer Araque, Conservation Collier Program Coordinator Jennifer Belpedio, Assistant County Attorney Melissa Hennig, Regional Manager, Parks and Recreation May 10, 2021 2 Any persons in need of the verbatim record of the meeting may request a copy of the video recording from the Collier County Communications and Customer Relations Department or view online. I. Roll Call Chairman Poteet called the meeting to order at 9:00 AM. Roll call was taken, and a quorum was established. Ms. Lenhard moved to allow Mr. Bromley, Mr. Kuehner and Mr. Seef to participate via Zoom due to an extraordinary circumstance. Second by Ms. Rinaldi. Carried unanimously 6 – 0. II. Approval of Agenda Mr. Seef moved to approve the Agenda. Second by Ms. Rinaldi. Carried unanimously 9 – 0. III. Approval of April 12, 2021 Minutes Ms. Patterson-Weber moved to approve the minutes of the April 12, 2021 meeting subject to the following changes:  Page 2 – Item B – Line 9 - “Robert Gore, III “Preserve…”  Page 6 paragraph 6 – from “…recommendation several lots on Marco Island identified…” to “…recommendation that several lots on Marco Island identified…”  Page 6 paragraph 7 – from “…if they so desire at which…” to “…if they so desire , at which…”  Page 4 C.2.d – from “…the seller not have the ability to…” to “…the seller should not have the ability to…”  VII.B – Outreach Subcommittee - Chair from “Michele Lenhard” to “Brittany Patterson- Weber” Second by Ms. Lenhard. Carried unanimously 9 – 0. IV. New Business A. Gore MOU Revisions Shane Duff, Cypress Cove Landkeepers, Inc. requested the Memorandum of Understanding (MOU) between the organization and the County be amended. An issue recently came to light whereby to undertake improvements at their site, the County required a “re-zone” of their property to Commercial. After meeting with Staff at the Growth Management Division, it was determined the best avenue to address the issue is to amend the MOU executed between the parties by adding Section 5.G of the MOU and citing Section 2.01.03 A.9 of the Land Development Code which identifies uses allowed on Conservation Collier lands. The language for Section 5.G is proposed as follows: “The provisions set forth in Section 2.01.03 A.9 of the Collier County Land Development Code relating to “Conservation Collier lands” and all “permitted minor improvements” listed therein shall be applicable to Cypress Cove Property.” Ms. Rinaldi moved to add the language as proposed to the previously approved Memorandum of Understanding between Collier County and the Cypress Cove Landkeepers, Inc. Second by Mr. Iandimarino. Carried unanimously 9 – 0. B. Cycle 10 – Initial Screening Criteria worksheet properties for review May 10, 2021 3 1. Review process Ms. Araque provided the “Cycle 10 Initial Screening Criteria Properties for Review – May 10, 2021” for informational purposes. There are 4 properties under review today and a parcel needs to meet 2 out of the 6 criteria to move forward in the process. 2. Rivers Road (Popp) Ms. Araque presented the “Rivers Road Preserve Joseph Popp Initial Criteria Screening Report” for informational purposes. Property Owner: Joseph Popp Property Location: Rivers Road Parcel size: 19.4 acres She provided an overview of the report which details how the application meets the Initial Screening Criteria. Ms. Lenhard moved to move the application forward in the Initial Screening Criteria Report process. Second by Mr. Seef. Carried unanimously 9 – 0. 3. HHH Ranch Section 33 (various owners) Ms. Araque presented the “Mary Pat Hussey and John Vega Conservation Collier Initial Criteria Screening Report” for informational purposes. Property Owner: Mary Pat Hussey and John Vega Parcel(s) size: (36 total parcels) 252 acres She provided an overview of the report which details how the application meets the Initial Screening Criteria. Ms. Lenhard moved to move the application forward in the Initial Screening Criteria Report process. Second by Ms. Patterson-Weber. William Rollins, representatives for the property owners was present and the following was noted during discussions with the Committee and Staff:  That the owners of all 26 properties proposed for acquisition are “willing sellers.”  The lots are located in the Rural Fringe Mixed Use District and no development credits have been severed from the parcels – Staff to confirm the status of the development rights.  There are lands owned by other parties between some of the parcels proposed for acquisition which are not owned by the applicant – Staff to determine if this factor negatively impacts management operations should the properties be acquired.  There is no public access to the properties; however representatives of Conservation Collier and/or County employees will have access to the parcels through other lands owned by Collier County. Motion carried unanimously 9 – 0. 4. Big Hammock areas I & II (Barron Collier Partnership) Ms. Araque presented the “Big Hammock Areas 1 & 2 - Barron Collier Partnersh ip LLLP Conservation Collier Initial Criteria Screening Report” for information purposes noting that the properties were placed on the A-List for acquisition in Cycle 9, however they were not acquired by the County due to funding limitations. May 10, 2021 4 Property Owner: Barron Collier Partnership, LLLP (BCP) Parcel(s) acreage: Area 1 = 235 acres; Area 2 = 799.4 acres Property Location: immediately south of and adjacent to Pepper Ranch She provided an overview of the report which details how the application met the Initial Screening Criteria. The previously prepared report will be updated as necessary. Mr. Seef moved to move the application forward in the Initial Screening Criteria Report process. Second by Ms. Rinaldi. Austin Howell of Baron Collier Partnership was present, and the following was noted during discussions with the Committee:  That the parcels proposed for acquisition are two sites located outside the Stewardship Sending Areas of the Rural Lands Stewardship Area.  Staff will review the property lines as depicted on the map and make any adjustments as necessary.  Staff to confirm the status of any SSA credits including if any have been severed from the properties and how the credits, or any potential credits may have been addressed in the property appraisal previously completed for the parcels. Motion carried unanimously 9 – 0. 5. Bethune Rd & Sanitation Rd properties (Barron Collier Partnership) Ms. Araque presented the “Sanitation Rd & Bethune Rd properties - Barron Collier Partnership LLLP Conservation Collier Initial Criteria Screening Report” for informational purposes noting the properties were placed on the A-List for acquisition in Cycle 9, however they were not acquired by the County due to funding limitations. Property Owner: Barron Collier Partnership, LLLP Parcel(s) acreage: Parcel a = 289.57 acres; Parcel b = 111.08 acres Property Location: Immokalee off Sanitation Rd (parcel a) and Bethune Rd (parcel b) She provided an overview of the report which details how the application met the Initial Screening Criteria. The previously prepared report will be updated as necessary. During Committee discussions Staff noted they will determine the location and impacts of any previous logging which may have occurred on site and the status of the 7.5-acre conservation parcel associated with the properties. Mr. Seef moved to move the application forward in the Initial Screening Criteria Report process. Second by Ms. Patterson-Weber. Carried unanimously 9 – 0. V. Old Business None VI. Coordinator Communications A. BCC Items approved since last CCLAAC May 10, 2021 5 Ms. Araque noted the Target Protection Area mailing list and the programs Annual Report is slated to be heard at the May 25th meeting. B. Preserve Updates Ms. Araque reported that the work continues at the Rattlesnake Hammock Preserve to remove exotic vegetation. It is anticipated the fencing and parking lot will be installed next year. C. Miscellaneous Items Ms. Araque noted that the new appraisals for the multi-parcel projects are ongoing and she will provide updates as they become available. VII. Subcommittee Reports A. Lands Evaluation & Management – Chair, Bill Poteet The next meeting is anticipated to be convened on June 9, 2021. B. Outreach – Chair, Brittany Patterson-Weber The last meeting was held on March 24, 2021. C. Policy and Rules – Chair to be selected at next meeting; meeting to be scheduled. VIII. Chair Committee Member Comments A. Attendance Chairman Poteet noted that the attendance of meeting by Members is critical to the success of the Committee as they do convene during the summer months. IX. Public General Comments None X. Staff Comments Ms. Araque reported that Kathlene Drew is the Administrative Assistant for the program. XI. Next Meeting Date June 14, 2021 There being no further business for the good of the County, the meeting was adjourned by order of the chair at 10:25A.M. Conservation Collier Land Acquisition Advisory Committee _________________________________ Bill Poteet, Chairman These minutes approved by the Board/Committee on _______________________________________ as presented _____________ or as amended _____________. Aooraisal Review for Red Maole Swamo and Winchester Head Conservation Vacant Land. Hlghest rnd Bfst Use As vrcrtrt Conservation aDd./or sfugle-faurily developurent ErposIr'e Tlme ItI$ ketlng Pellod l2 rnonths l2 moDths VAIIT INDrcATro:\js Efrective Dare(s)Julle 12. 2021 Propefiy Ristrt. Fee Si-pl. Area Winchester Head Red Maple Swanp TlAicd Perccl Sizc Indicrted Vdue pe r Acre 0 - 250lo wetlands 26 - 5Slo wethn& 5l - 750lo wetho& 76 - 100/o wethnds 1.0 - 3.5 acres $40.500 $32.m $20.500 s16.500 1.0 - 3.5 acres N/A N/A N/A $12J00 ,, 1, Review Appraiser Analysis: The sales market data was revised to reflect the current conseryation per acreage values for Red Maple Swamp and Wnchester Head Conservation Areas. The current Real Estate Market is very active with some flipping taking place for vacant land parcels in GGE Unit 65 wnchester Head. Before data appraisal review Typicd PIrtGI Siz. Indlc.tcd Vdoc !,cr Acrr 0 - 25% wethnds 26 - 50/o we&rxh 5l - 750lo wethrdr 76 - 100/o wethods 1.0 - 3.5 acres s45.00 $35.0m s25.0@ $18,0m I0-3.5acres The targeted area of GGE Unit 65 will be $16,500 per acre depending upon the ratio of wetlands present on their vacant land parcel. The Real Estate Residential Market values are increasing in partial developed areas, and this not the time to be acquiring vacant land parcels in GGE Unit 65 or Horesepen Strand. Rlol!!'tl L.o!{ Ra-,AC n Rli]ls AFriE F*tlnia }h.g.r!.d I Ral PFp<tv' 333, TErEr rrEl E Str. l0l N.pl6,tL 34: ll n:219-252-)621 N/A N/A N/A $15.@0 lllnchester Hcad Collier County Government APPMISAL REVIEW File No Properg Address County Zip Property Rights Appraised Assessor's Parcel No Client Borrower/Owner Address State Lender/Client Appraisal Prepared For Address Appraiser Address Reviewer Roosevelt Leonard Effective Date of Original Report & Review Address 3335 tamiami trail E, naples, fl 34112 Description 1 Neighborhood 2 Legal Description 3. Site 4. Census Tract Remarks: tr tl Acceptabe Unacceptabe N/AL_.1 tlL_.t uL_.1 Lltrtr Unacceptab etrtrtrtr 5. lmprovements 6 Subject Unit 7 Comment Section 8. FEMA Map lnfo Cost Approach 9 Physical Depreciation 10. Functional Depreciation 11 External Depreciation Remarks: 12. Land to lmprovements Ratio ! 13 Comments tr trtrtrtrtr trtrtr Market Sections 14. Documentation Nos. 1 5. Location Adjustments 16 Site & View Adjustments 17 Quality & Design and Appeal Adjustments 18. Room CountAdjustments Remarks: 19. OtherAdjustments V 20. cross/NetAdjustments tr 21 Comp Sale Selection E" 22, Are Adjustments Reasonable fP- and Justifiable 23 Comments tr trtr trtrtrtr Dtrtrtr lncome Approach, Reconciliation, Attachments 24. lncomeApproach tr 25. Reconciliation and Comments l-l 26. Building Sketch tr 27. Maps Remarks: 28. Limiting Conditions 29. Certification 30. OtherAttachments trtrIH Appraisal Report was: Good Recommendation: trFarL_.1 Poor AS.iS nother appraisal prepared by someone else Appraised Value $ Remarks: f-lAccept when revised, see item(s) # Fotn"i Reviewer's Recommendation $ Extent of Review: Desk Review only, no inspection of subject Exterior only inspection of subject and comparables Certification l-l S. tnterior & exterior inspection o subject, exterior inspection of comparables orled analyses, opinions and conclusions are limited only by s and conclusions; that I have no present or prospective the parties involvedi that my compensatjon is notcontingent analyes, opinions and conclusions nere developed, and not personally inspect the subject property of the report no one provided signilicant professional assjstance to the person signing this report Signature Name Roosevelt Leonard Date R State Certification # or State License # Qlara n,r^ ^t E.--:-^.:-- 3287 Siqnature D4" oH2001 9t97 Produced by CIickFORMS Software 800-622-8727 Paqe 1 of 1 {trVIEW ANALYSIS REVIEW CERTIFICATION PROJECT: CoNs*VqibN Loltiet PROJECT #t U 5"/65PARCEL #: COUNTY: CoIIieT County DATE OF VALT]E: 6/a/aRECOMMENDED MARKIT VAIUE: $ I certify that, to the best of my knowledge and belief: The statements of fact contained in the review report are true and correct The review appraiser has E has not ade a personal inspection of the subject of the work under review. The review appraiser has E has not ade a personal inspection of the market comparables cited in the appraisal report under review. The review appraiser has has not ! verified the factual data presented in the appraisal report under revrew. The ap_prais4 review has as not f] been prepared in compliance with Uniform Appraisal Standards for Federal Land Acquisitrons. The statements of fact contained in this report are tme and correct. The appraisFoundation' extent that the Uni s JurisdictionalException Rule, as described in Section D-1 of the Uniform Appraisal Standards for Federal Land Acquisitions. The reported analyses, opinions, and conclusions il the review report are limited only by the assumptions and-Iimiting conditions stated in this review report, and are the reviewer's personal, rinbiased profe6sional analyses, opinions and conclusions. I have no present or prospective interest in the property that is the subject of the work under review and nopersonal interest with respect to the parties involved I-have.p.erformed no other services, as an appraiser or in any other capacity, regarding the property that is the subject of the work under review in the three-year perioil immediately frecEding fcceptance of this assignmgnl. I have no bias with respect to the property that is the subject of the work under review or to the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation is not contingent on an action or event resulting from the analyses, opinions, or conclusions in this review or from its use. assignment is not contingent upon the development or reporting of assignment results that favors the cause of the client, the httainment ce of a subsequent event directly related to the intended use of this No one provided significant appraisal, appraisal review, or appraisal consr:lting assistance to the review apprarser. License +: XD-3t62 Date: - 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com REAL ESTATE APPRAISAL REPORT RED MAPLE SWAMP AND WINCHESTER HEAD Residential Land Generally within Golden Gate Estates Units 53, 62 and 65 Naples, Collier County, Florida, 34120 PREPARED FOR: Mr. Roosevelt Leonard, R/W-AC Real Property Management Collier County 3335 Tamiami Trail East, Suite 101 Naples, FL 34112 Client File: PO Number 4500211052 EFFECTIVE DATE OF THE APPRAISAL: June 12, 2021 DATE OF THE REPORT: June 22, 2021 REPORT FORMAT: Appraisal Report PREPARED BY: RKL Appraisal and Consulting, PLC RKL File Number: 2021-139 Red Maple Swamp Golden Gate Estates Unit 53 Naples, Florida Approximate boundary shown in blue Winchester Head Generally within Golden Gate Estates Units 62 and 65 Naples, Florida 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com June 22, 2021 Mr. Roosevelt Leonard, R/W-AC Collier County 3335 Tamiami Trail East, Suite 101 Naples, FL 34112 Re: Real Estate Appraisal Red Maple Swamp and Winchester Head Generally within Golden Gate Estates Units 53, 62 and 65, Naples, Collier County, Florida, 34120 Client File: PO Number 4500211052 RKL File Number: 2021-139 Dear Mr. Leonard: At your request, RKL Appraisal and Consulting, PLC has prepared the accompanying appraisal for the above referenced property. The purpose of the appraisal is to estimate the market value on a price per acre basis within the areas identified as Red Maple Swamp (100% wetlands) and Winchester Head. Tier values are developed for Winchester Head consisting of: up to 25% wetlands; 26-50% wetlands; 51-75% wetlands; and 76- 100% wetlands. The intended users for the assignment are Collier County Real Property Management (Conservation Collier Program), and the intended use of the appraisal is to assist Collier County in its determination of market value for the potential acquisition through the Conservation Collier Program. We use the appraisal report option of Standards Rule 2-2 of USPAP to report the assignment results. Please reference the appraisal scope section of this report for important information regarding the scope of research and analysis for this appraisal, including property identification, inspection, highest and best use analysis, and valuation methodology. The accompanying appraisal conforms with the Uniform Standards of Professional Appraisal Practice (USPAP), the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute, and the appraisal guidelines of Collier County. The subject market areas are identified by Conservation Collier as Red Maple Swamp and Winchester Head. The Red Maple Swamp Preserve project boundary encompasses 107 parcels totaling 305.69 acres within Golden Gate Estates Unit 53. The Winchester Head project boundary encompasses 115 parcels totaling 158.67 acres within Golden Gate Estates Units 62 and 65. The per acre values reported in this market study will be offered to property owners with 1.0 to 3.5 acre parcels. Both market areas are designated as wetlands on the FDEP Informal Wetland Determinations March 2016 map and are located within the Estates zoning designation which allows for low density residential development with limited agricultural uses. Mr. Roosevelt Leonard, R/W-AC Collier County June 22, 2021 Page 2 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com Based on the appraisal described in the accompanying report, subject to the Limiting Conditions and Assumptions, Extraordinary Assumptions and Hypothetical Conditions (if any), I have made the following value conclusion(s): VALUE CONCLUSIONS Appraisal Premise Interest Appraised Date of Value Market Value, As Is Fee Simple June 12, 2021 Area Winchester Head Red Maple Swamp Typical Parcel Size 1.0 - 3.5 acres 1.0 - 3.5 acres Indicated Value per Acre 0 - 25% wetlands $40,500 N/A 26 - 50% wetlands $32,000 N/A 51 - 75% wetlands $20,500 N/A 76 - 100% wetlands $16,500 $12,500 Significant Factor The world, including the United States, is in the midst of a health crisis since early 2020 due to the rise of COVID 19. The global outbreak was officially declared a pandemic by the World Health Organization (WHO). The analyses and value opinion(s) in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective date indicated. No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value(s). The value conclusion(s) are subject to the following hypothetical conditions and extraordinary conditions. These conditions may affect the assignment results. Hypothetical Conditions: None. Extraordinary Assumptions: None. Respectfully submitted, RKL APPRAISAL AND CONSULTING, PLC Rachel M. Zucchi, MAI, CCIM Florida State-Certified General Real Estate Appraiser RZ #2984 rzucchi@rklac.com; Phone 239-596-0801 RED MAPLE SWAMP AND WINCHESTER HEAD TABLE OF CONTENTS TABLE OF CONTENTS Summary of Important Facts and Conclusions ................................................................... 1 Introduction Information ..................................................................................................... 3 Subject Identification ...................................................................................................... 3 Current Ownership and Property History ....................................................................... 3 Appraisal Scope .............................................................................................................. 3 Client, Intended User, and Intended Use ........................................................................ 4 Definition of Market Value ............................................................................................. 4 Definition of Property Rights Appraised ........................................................................ 4 Purpose of Appraisal, Property Rights Appraised, and Dates ........................................ 4 Scope of Work ................................................................................................................ 5 Economic Analysis ............................................................................................................. 7 National Economic Analysis........................................................................................... 7 Florida Economic Analysis ............................................................................................. 9 Collier County Area Analysis ....................................................................................... 11 Property Description and Analysis ................................................................................... 23 Red Maple Swamp Site Analysis .................................................................................. 23 Winchester Head Site Analysis ..................................................................................... 29 Highest and Best Use .................................................................................................... 37 Valuation Methodology .................................................................................................... 39 Analyses Applied .......................................................................................................... 40 Sales Comparison Approach – Red Maple Swamp ...................................................... 41 Sales Comparison Approach – Winchester Head Wetlands ......................................... 48 Sales Comparison Approach – Winchester Head Uplands ........................................... 54 Reconciliation ............................................................................................................... 59 Final Value Conclusion................................................................................................. 59 Certification ...................................................................................................................... 61 Assumptions and Limiting Conditions ............................................................................. 63 Addenda Appraiser Qualifications ....................................................................................... Addendum A Property Information ............................................................................................ Addendum B Comparable Data .................................................................................................. Addendum C RED MAPLE SWAMP AND WINCHESTER HEAD SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS Page 1 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS GENERAL Subject: Red Maple Swamp and Winchester Head Generally within Golden Gate Estates Units 53, 62 and 65, Naples, Collier County, Florida, 34120 Owner: Multiple Legal Description: Multiple parcels generally located within Golden Gate Estates Units 53, 62 and 65 Tax Identification: Multiple parcels generally located within Golden Gate Estates Units 53, 62 and 65 Intended Use: The intended use is to assist Collier County in its determination of market value for the potential acquisition through the Conservation Collier Program. Intended User(s): Collier County Real Property Management (Conservation Collier Program) PROPERTY Parcel ID Gross Land Area (Acres) Typical Parcel Size (Acres)Zoning FDEP Informal Wetland Determination Red Maple Swamp 305.69 1.0 - 3.5 E - Estates 100% Wetlands Winchester Head 158.67 1.0 - 3.5 E - Estates 0% to 100% Wetlands Market Areas Highest and Best Use As Vacant Conservation and/or single-family development Exposure Time 12 months Marketing Period 12 months VALUE INDICATIONS Effective Date(s) June 12, 2021 Property Rights Fee Simple Area Winchester Head Red Maple Swamp Typical Parcel Size 1.0 - 3.5 acres 1.0 - 3.5 acres Indicated Value per Acre 0 - 25% wetlands $40,500 N/A 26 - 50% wetlands $32,000 N/A 51 - 75% wetlands $20,500 N/A 76 - 100% wetlands $16,500 $12,500 Significant Factor The world, including the United States, is in the midst of a health crisis since early 2020 due to the rise of COVID 19. The global outbreak was officially declared a pandemic by the World Health Organization (WHO). The analyses and value opinion(s) in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective RED MAPLE SWAMP AND WINCHESTER HEAD SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS Page 2 date indicated. No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value(s). The value conclusion(s) are subject to the following hypothetical conditions and extraordinary conditions. These conditions may affect the assignment results. Hypothetical Conditions: None. Extraordinary Assumptions: None. RED MAPLE SWAMP AND WINCHESTER HEAD SUBJECT IDENTIFICATION Page 3 INTRODUCTION INFORMATION SUBJECT IDENTIFICATION Subject: Red Maple Swamp and Winchester Head Generally within Golden Gate Estates Units 53, 62 and 65, Naples, Collier County, Florida, 34120 Legal Description: Multiple parcels generally located within Golden Gate Estates Units 53, 62 and 65 Tax Identification: Multiple parcels generally located within Golden Gate Estates Units 53, 62 and 65 The subject market areas are identified by Conservation Collier as Red Maple Swamp and Winchester Head. The Red Maple Swamp Preserve project boundary encompasses 107 parcels totaling 305.69 acres within Golden Gate Estates Unit 53. The Winchester Head project boundary encompasses 115 parcels totaling 158.67 acres within Golden Gate Estates Units 62 and 65. The per acre values reported in this market study will be offered to property owners with 1.0 to 3.5 acre parcels. Both market areas are designated as wetlands on the FDEP Informal Wetland Determinations March 2016 map and are located within the Estates zoning designation which allows for low density residential development with limited agricultural uses. CURRENT OWNERSHIP AND PROPERTY HISTORY Owner There are multiple owners. APPRAISAL SCOPE According to the Uniform Standards of Professional Appraisal Practice, it is the appraiser’s responsibility to develop and report a scope of work that results in credible results that are appropriate for the appraisal problem and intended user(s). Therefore, the appraiser must identify and consider: ● the client and any other intended users; ● the intended use of the appraiser’s opinions and conclusions; ● the type and definition of value; ● the effective date of the appraiser’s opinions and conclusions; ● subject of the assignment and its relevant characteristics ● assignment conditions ● the expectations of parties who are regularly intended users for similar assignments; and ● what an appraiser’s peer’s actions would be in performing the same or a similar assignment. RED MAPLE SWAMP AND WINCHESTER HEAD CLIENT, INTENDED USER, AND INTENDED USE Page 4 CLIENT, INTENDED USER, AND INTENDED USE The client and the intended user of the appraisal are Collier County Real Property Management (Conservation Collier Program). The intended use is to assist Collier County in its determination of market value for the potential acquisition through the Conservation Collier Program. The appraisal is not intended for any other use or user. DEFINITION OF MARKET VALUE Market value definition used by agencies that regulate federally insured financial institutions in the United States is defined by The Dictionary of Real Estate Appraisal, 6th ed. (Chicago: Appraisal Institute, 2015) as: The most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: ▪ Buyer and seller are typically motivated; ▪ Both parties are well informed or well advised, and acting in what they consider their best interests; ▪ A reasonable time is allowed for exposure in the open market; ▪ Payment is made in terms of cash in United States dollars or in terms of financial arrangements comparable thereto; and ▪ The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.” (Source: 12 C.F.R. Part 34.42(g); 55 Federal Register 34696, August 24, 1990, as amended at 57 Federal Register 12202, April 9, 1992; 59 Federal Register 29499, June 7, 1994) DEFINITION OF PROPERTY RIGHTS APPRAISED Fee simple estate is defined as an: “Absolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power, and escheat.” (Source: The Dictionary of Real Estate Appraisal, 6th ed. (Chicago: Appraisal Institute, 2015) PURPOSE OF APPRAISAL, PROPERTY RIGHTS APPRAISED, AND DATES The purpose of the appraisal is to estimate the market value on a price per acre basis within the areas identified as Red Maple Swamp (100% wetlands) and Winchester Head. Tier values are developed for Winchester Head consisting of: up to 25% wetlands; 26 - 50% wetlands; 51-75% wetlands; and 76-100% wetlands. The effective date of the subject appraisal is June 12, 2021. The date of inspection was June 12, 2021. The date of the report is June 22, 2021. RED MAPLE SWAMP AND WINCHESTER HEAD SCOPE OF WORK Page 5 SCOPE OF WORK The problem to be solved is to estimate the market value on a price per acre basis within the areas identified as Red Maple Swamp (100% wetlands) and Winchester Head. Tier values are developed for Winchester Head consisting of: up to 25% wetlands; 26-50% wetlands; 51-75% wetlands; and 76-100% wetlands. SCOPE OF WORK Report Type: This is an Appraisal Report as defined by Uniform Standards of Professional Appraisal Practice under Standards Rule 2-2(a). This format provides a summary or description of the appraisal process, subject and market data and valuation analyses. Property Identification: The subject areas are identified generally as the wetland parcels within Red Maple Swamp and Winchester Head. An aerial shows the approximate border of the Red Maple Swamp and Winchester Head. Inspection: A limited on site inspection was made and photographs were taken. Market Area and Analysis of Market Conditions: A complete analysis of market conditions has been made. The appraiser maintains and has access to comprehensive databases for this market area and has reviewed the market for sales and listings relevant to this analysis. Highest and Best Use Analysis: A complete as vacant highest and best use analysis has been made. Physically possible, legally permissible, and financially feasible uses were considered, and the maximally productive use was concluded. Valuation Analyses Cost Approach: A cost approach was not applied as there are no improvements that contribute value to the property. Sales Comparison Approach: A sales approach was applied as typically this is the most appropriate approach for the valuation of vacant land. This approach is applicable to the subject because there is an active market for similar properties and sufficient sales data is available for analysis. Income Approach: An income approach was not applied as the subject is not likely to generate rental income as vacant land. Hypothetical Conditions: None. Extraordinary Assumptions: None. Significant Factor The world, including the United States, is in the midst of a health crisis since early 2020 due to the rise of COVID 19. The global outbreak was officially declared a pandemic by the World Health Organization (WHO). The analyses and value opinion(s) in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective RED MAPLE SWAMP AND WINCHESTER HEAD SCOPE OF WORK Page 6 date indicated. No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value(s). Comments The individual sections of the report detail the additional research, confirmation, and analysis of relevant data. RED MAPLE SWAMP AND WINCHESTER HEAD NATIONAL ECONOMIC ANALYSIS Page 7 ECONOMIC ANALYSIS NATIONAL ECONOMIC ANALYSIS The Federal Reserve Open Market Committee (FOMC) released the following statement on April 28, 2021. The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy will depend significantly on the course of the virus, including progress on vaccinations. The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer‑term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time. In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee’s maximum employment and price stability goals. These asset purchases help foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses. The pledge to keep rates near zero until it is comfortable that the U.S. economy is back on its feet continues a historically aggressive policy stance. On March 3, 2020 rates were cut by 1/2 percentage point, a move that was the first time since the 2008-2009 global recession that the Federal Open Market Committee (FOMC), the Federal Reserve’s policy-making body, cut its key federal-funds rate in between policy meetings. The following table details the economic forecasts of Federal Reserve Board members and Federal Reserve Bank presidents as of December 2020. The previous (as of June 2020) projections of a 6.5% contraction in real GDP in 2020 have been revised upward to a 2.4% contraction. The 2021 projection was revised downward from a 5.0% increase to RED MAPLE SWAMP AND WINCHESTER HEAD NATIONAL ECONOMIC ANALYSIS Page 8 a 4.2% increase. Unemployment (previously projected at 9.3% for 2020) was revised downward to 6.7%. The 2021 projection was also decreased from 6.5% to 5.0%. According to Freddie Mac Chief Economist Sam Khater, the housing market has been showing strength despite the challenges the economy faces from the coronavirus pandemic. "Refinance activity is solid and homebuyer demand continues, resulting in increased sales and an acceleration in house price growth." Lawrence Yun, NAR chief economist predicts the U.S. economy will continue to improve in 2021. Despite job losses and lower GDP in 2020, Yun said personal income was actually up by 10.7% in the second quarter of 2020 and 4.3% in the fourth quarter thanks to federal stimulus measures, including direct payments and unemployment compensation. The higher income combined with reduced activity during the pandemic resulted in an elevated savings rate, which could result in a strong economic resurgence once the COVID-19 vaccine distribution becomes widespread. “Once we reach herd immunity, all these savings could be unleashed,” said Yun. “It could be as soon as the second half of this year.” Yun predicted GDP growth of 4% and job gains of 3 million for 2021. Calvin Schnure, the National Association of Real Estate Investment Trusts’ (NAREIT) senior vice president of research and economic analysis, said that the trajectory of commercial real estate recovery in 2021 will be different from previous recoveries after economic downturns – specifically he expects a much faster recovery. “Work from home is having a real effect, but I’m not sure if this is permanent. Some signs suggest this may be temporary,” Schnure said. “Retail should attract new customers and retain current ones,” said Hardin, though he did note that the retail rebound does ultimately depend on how comfortable consumers feel going into stores. He said adaptive reuse in the retail sector – repurposing a building to be used in a different way than originally intended – will create opportunities. Industrial also emerged as a bright spot in commercial, Hardin said, partly driven by the need to support e-commerce. Warehousing and storage jobs in February 2021 posted year-over-year increases of 72,400 jobs, and industrial posted positive rent growth in the fourth quarter of 2020, as well as occupancy gains for 80% of markets in 2020. The 2021 CBRE U.S. Real Estate Market Outlook projects that the strongest growth of 2021 will occur in Q2 and Q3, 5.5% and 5.6% respectively, on an annualized basis brining U.S. GDP back to pre-COVID levels in Q3. The real estate recovery is expected RED MAPLE SWAMP AND WINCHESTER HEAD FLORIDA ECONOMIC ANALYSIS Page 9 to lag that of the broader economy, particularly for the office, retail and hotel sectors. More aid to state and local governments could reduce pressure to raise taxes on real estate. However, the popular 1031 tax-free exchange program would be threatened and luxury retail, energy, finance, defense contractors and tech could face headwinds from tax and spending policy changes and increased regulations. According to the Deloitte Center for Financial Services annual Commercial Real Estate Outlook for 2021, the pandemic is disrupting the value proposition of CRE, especially for offices, retail, and hotels, causing most CRE companies to reevaluate existing portfolios. Meanwhile, CRE companies face cost pressures due to softening operating fundamentals: Respondents plan to reduce costs by 20% on average. Optimizing operational costs and using technology to reposition space and for facilities management can improve operational resilience. According to the PwC Emerging Trends in Real Estate 2021, overall real estate prices are anticipated to fall 5-10% as income is curtailed for several years. Industrial properties, data centers and single-family homes are expected to rise in value, while retail and hospitality will see the largest decline. The long -term outlook in the real estate sector hinges on the country’s ability to reign in COVID-19. According to a June 10, 2021, Business Observer article, three prominent commercial estate trade groups believe that the industry will rebound dramatically in the second half of 2021 and into 2022 and beyond according to new surveys each has conducted. The Society of Industrial and Office Realtors (SOIR), in a survey of its members, says 74% of all commercial real estate transactions are proceeding on schedule, more than double the percentage in the second quarter of 2020. The Urban Land Institute (ULI) anticipates that U.S. commercial real estate transaction volume could exceed $500 billion this year, more than $100 billion more than historic averages and a forecast from Last October. Also, the NAIOP, which is comprised of office and industrial developers, expects positive absorption of office space. All three industry groups cite predicted GDP growth this year and next, along with federal government stimulus money, as primary reasons for their forecasts. All three groups agree that industrial properties will continue to outperform, with multifamily rental projects close behind. The office sector is projected to rebound, as companies return to offices. NAIOP believes quarterly office absorption in the U.S. will average 11.7 million square feet in 2022, in line with the 2015 through 2019 levels. FLORIDA ECONOMIC ANALYSIS According to the U.S. Census Bureau, many midwestern and northeastern states continue to see their populations shrink while large southern states draw in residents. Florida's population grew by 2.12% in 2020 (July 2019 to July 2020), the 7th highest rate in the country. Florida gained the second-most number of people in 2020, an additional 241,256 residents, second to Texas which gained 373,965 residents. Florida has a population of 21,733,312 million as of July 2020. The Bureau of Economic and Business Research at the University of Florida projects the state's population, which surpassed 20 million in mid 2015, to rise to 24.43 million by 2030 and 26.43 million by 2040. RED MAPLE SWAMP AND WINCHESTER HEAD FLORIDA ECONOMIC ANALYSIS Page 10 According to the November 2020 Florida Forecast prepared by the Institute for Economic Competitiveness at the University of Central Florida, Florida’s economy, as measured by real Gross State Product, will expand at an average annual rate of 1.5% from 2020 to 2023. After contracting by 2.4% in 2020, real Gross State Product will rise by 4.9% in 2021. Housing starts will pick up going forward, but not fast enough to ease the large shortage of single-family housing in the short run. Total starts will be 139,438 in 2020; 134,329 in 2021; 132,969 in 2022 and 133,853 in 2023. House price appreciation will slowly decelerate over this period as supply catches up with strong demand. The labor force is projected to grow at an average rate of 1.9% through 2022 with unemployment projected at 3.5% in 2021 and reducing to 2.8% and 2.4% in 2022 and 2023 respectively. COVID-19 Governor Ron DeSantis issued a "safer-at-home" order on April 3, 2020 in an effort to limit the spread of coronavirus. Governor DeSantis announced on April 29, 2020 that he would lift the "safer-at-home" order on May 4, 2020. Retailers and restaurants are allowed to reopen in limited capacities while movie theaters, gyms, bars, and face-to-face personal service providers (such as barbers and nail salons) will remain closed. Phase One of the three-phase “Safe. Smart. Step-by-Step” plan excludes Miami-Dade, Broward, and Palm Beach counties. As of September 25, 2020 Governor DeSantis announced Florida would be entering Phase 3 in reopening the state, meaning restaurants, bars, salons and other businesses will be allowed to reopen under full capacity. On May 3, 2021, Governor DeSantis signed an executive order that immediately suspended the state’s remaining COVID-19 public health restrictions. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 11 COLLIER COUNTY AREA ANALYSIS Collier County has long been an attractive place to retire and it continues to be an area that experiences a great deal of seasonal population increases. According to the Collier County Comprehensive Planning Department, Collier County’s population increases up to 25% between November and April due to seasonal residents and short-term agricultural workers in the Immokalee area. The population increase creates a high degree of seasonality within the retail, service, and hospitality sectors of Collier County’s economy. Collier County is located less than 150 miles from Fort Myers, Fort Lauderdale, Miami, Sarasota, and West Palm Beach as shown in the following table. Metro Area Miles Fort Myers 44 Jacksonville 378 Fort Lauderdale 107 Tallahassee 435 Miami 128 Atlanta 616 Sarasota 120 New York 1,311 West Palm Beach 150 Dallas 1,315 Tampa 169 Chicago 1,335 Orlando 238 Distance to Other Major Markets Population The Bureau of Economic and Business Research, University of Florida released the following population statistics for Southwest Florida. As shown, total population increased in all six Southwest Florida counties with the greatest growth (2010-2020) in Lee County and the second highest in Collier County. State and 2010 2000 1990 County 2020 2010 2000 1990 to 2020 to 2010 to 2000 FLORIDA* 21,596,068 18,801,332 15,982,824 12,938,071 14.9 17.6 23.5 Charlotte 187,904 159,978 141,627 110,975 17.5 13.0 27.6 Collier 387,450 321,520 251,377 152,099 20.5 27.9 65.3 Glades 13,609 12,884 10,576 7,591 5.6 21.8 39.3 Hendry 40,953 39,140 36,210 25,773 4.6 8.1 40.5 Lee 750,493 618,754 440,888 335,113 21.3 40.3 31.6 Sarasota 438,816 379,448 325,961 277,776 15.6 16.4 17.3 Sources: US Census Bureau and University of Florida, Bureau of Economic and Business Research, 2020. Table 3. Population and Population Change for Counties in Florida, 1990 to 2020 Percent Change Population The following table shows the projected population through 2040. As shown, Lee County also has the highest projected growth rates with Collier County as a close second. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 12 State and 2020 2030 County 2020 2030 2040 to 2030 to 2040 FLORIDA* 21,596,068 24,426,200 26,428,700 0.13 0.08 Charlotte 187,904 208,700 225,200 0.11 0.08 Collier 387,450 451,700 498,400 0.17 0.10 Glades 13,609 13,700 14,100 0.01 0.03 Hendry 40,953 43,500 45,500 0.06 0.05 Lee 750,493 904,700 1,010,900 0.21 0.12 Sarasota 438,816 489,600 529,400 0.12 0.08 Sources: US Census Bureau and University of Florida, Bureau of Economic and Business Research, 2020. Projections of Florida Population on by County, 2020 to 2040 Population Percent Change U.S. News & World Report, the global authority in rankings and consumer advice evaluated the country’s 150 most populous metropolitan areas based on affordability, job prospects and desirability. The 2020-2021 25 Best Places to Retire is dominated by Florida metro areas, largely due to affordable homes, low taxes and high ratings for happiness and desirability. Increases in Desirability and Job Market scores lifted Sarasota from No. 2 last year to overtake Fort Myers for the No. 1 spot for 2020-2021. Naples was No. 4 on the list behind Port St. Lucie. Employment The local economy is largely dependent on the real estate market. Covid-19 has negatively impacted overall employment and the service and leisure and hospitality sectors in particular; however, jobs continue to return as the market improves. The following table shows Collier County employment by major industry division for the 3Q of 2020. Jul-20 Aug-20 Sep-20 Total, All Industries 133,628 139,034 139,485 $1,755,606,476 137,382 $12,779 Service-Providing 110,196 115,405 115,771 $1,450,118,461 113,791 $12,744 Trade, Transportation, and Utilities 26,441 26,629 26,499 $309,044,024 26,523 $11,652 Education and Health Services 23,501 28,354 28,815 $364,636,426 26,890 $13,560 Goods-Producing 23,432 23,629 23,714 $305,488,015 23,592 $12,949 Leisure and Hospitality 22,864 22,677 22,738 $180,403,641 22,760 $7,926 Health Care and Social Assistance 19,975 20,096 20,297 $303,817,311 20,123 $15,098 Retail Trade 19,841 20,022 19,955 $184,919,748 19,939 $9,274 Accommodation and Food Services 17,008 16,914 16,952 $111,095,958 16,958 $6,551 Construction 16,870 16,920 16,877 $219,079,839 16,889 $12,972 Professional and Business Services 16,358 16,469 16,392 $238,591,412 16,406 $14,543 Administrative and Waste Services 9,895 10,025 10,015 $98,199,986 9,978 $9,841 Financial Activities 8,243 8,258 8,193 $185,833,602 8,231 $22,576 Professional and Technical Services 6,072 6,052 5,990 $126,395,763 6,038 $20,933 Public Administration 5,927 6,167 6,205 $95,971,753 6,100 $15,734 Arts, Entertainment, and Recreation 5,856 5,763 5,786 $69,307,682 5,802 $11,946 Other Services, Except Public Administration 5,705 5,710 5,748 $53,842,924 5,721 $9,411 Manufacturing 4,835 4,844 4,788 $69,991,824 4,822 $14,514 Finance and Insurance 4,237 4,286 4,193 $136,399,729 4,239 $32,180 Florida Employment and Wages by County *Source: Florida Department of Economic Opportunity, 3Q 2020 Industry Title Total Wages Average Monthly Average Quarterly Employment RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 13 The following table shows employment projections through 2028 by the Florida Department of Economic Opportunity. As shown, agricultural employment is projected to decline while the leisure and hospitality industry has the largest projected growth rate of 30.9% followed by Other Services. NAICS Title 2020 2028 Growth Percent Growth Total, All Industries 525,140 603,554 78,414 14.9 Agriculture, Forestry, Fishing & Hunting 8,703 8,195 -508 -5.8 Mining 329 339 10 3.0 Construction 55,059 63,342 8,283 15.0 Manufacturing 12,165 12,706 541 4.4 Trade, Transportation and Utilities 94,905 103,656 8,751 9.2 Information 5,199 5,205 6 0.1 Financial Activities 26,205 27,805 1,600 6.1 Professional and Business Services 60,428 69,219 8,791 14.5 Education and Health Services 103,476 120,942 17,466 16.9 Leisure and Hospitality 69,807 91,361 21,554 30.9 Other Services, Ex. Public Admin 19,963 24,276 4,313 21.6 Government 65,119 71,028 5,909 9.1 Self Employed and Unpaid Family Workers, All Jobs 41,327 47,860 6,533 15.8 Employment Employment Projections CHARLOTTE, COLLIER, GLADES, HENDRY, AND LEE COUNTIES Collier County unemployment peaked in August 2010 at 13.0% and had generally been declining until the Covid-19 pandemic with unemployment peaking again at 13.4% in April 2020. The rate in 2020 ranged from a low of 2.8% (pre-COVID) to a high of 13.4%. The preliminary reported unemployment rate in February 2021 was only 3.4%. The annual Collier County rate peaked in 2010 at 11.6% and had declined steadily since until the spike from the Covid-19 pandemic in April 2020. However, unemployment numbers have steadily decreased since August 2020 as the economy continues to improve. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 14 As of February 2021, the unemployment rate for the State of Florida was 5.0%, down from the peak in May 2020 of 14.3%. On a national level, the unemployment rate in February 2021 was 6.2%, a decrease from the peak in April 2020 of 14.8%. Collier County currently has a lower February rate, at 3.4%, than state and national levels. The local economy is largely dependent on the real estate market. The following table from the U.S. Department of Labor shows Naples/Immokalee/Marco Island employment from 2011 through February 2021. As shown, unemployment from the Covid-19 pandemic has affected the service and leisure and hospitality sectors the most. The leisure and hospitality sector has nearly regained all lost jobs and is only 3% down from 2019 levels. The service sector is back at 2019 levels. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 15 Year Service- Providing % Change Goods Producing % Change Mining, Logging, & Const. % Change Leisure and Hospitality % Change All Employees, Total Nonfarm % Change 2011 103,400 3.7%11,500 0.0%9,000 -1.1%22,600 6.1%114,900 3.3% 2012 106,600 3.1%12,100 5.2%9,400 4.4%23,600 4.4%118,700 3.3% 2013 109,700 2.9%13,500 11.6%10,500 11.7%24,400 3.4%123,300 3.9% 2014 114,500 4.4%15,400 14.1%12,100 15.2%25,500 4.5%129,900 5.4% 2015 119,100 4.0%17,000 10.4%13,600 12.4%26,500 3.9%136,100 4.8% 2016 124,000 4.1%18,700 10.0%14,900 9.6%27,500 3.8%142,600 4.8% 2017 126,300 1.9%19,400 3.7%15,400 3.4%28,300 2.9%145,600 2.1% 2018 129,600 2.6%21,500 10.8%17,200 11.7%29,100 2.8%151,000 3.7% 2019 133,200 2.8%22,400 4.2%17,700 2.9%30,000 3.1%155,600 3.0% 2020 126,300 -5.2%22,200 -0.9%17,300 -2.3%25,400 -15.3%148,400 -4.6% 2021*133,200 -4.7%22,600 1.3%17,600 1.4%29,200 -10.9%155,800 -3.9% *Through February 2021; percentage increase in comparison to February 2020 YTD Source: U.S. Department of Labor Naples - Immokalee - Marco Island Collier County and the entire Southwest Florida Region is substantially dependent on the real estate and construction sectors. Therefore, the area has been and should be more susceptible to cyclical fluctuations that have occurred in other areas dominated by a single industry. The Southwest Florida Economic Development Alliance reports key employers in Southwest Florida (Collier, Lee and Charlotte County) from Biofuels, healthcare, technology, apparel design, to sugar production are a driving force behind the region’s success. The table below provides a few examples of some key employers in Southwest Florida. The following table shows the Top 25 Employers as reported by the Southwest Florida Economic Development Alliance. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 16 RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 17 Development Growth continues to shift east with Ave Maria becoming the top-selling single-family residential community in Collier County. It has maintained the top ranking in the Naples- Fort Myers market for the past six years and reported a record breaking 400 new home sales in November 2020 year-to-date, a substantial increase from the 259 new home sales in 2019. There are currently four residential builders in Ave Maria, CC Homes, Del Webb Naples, Lennar and Pulte Homes. The grand opening of The National Golf and Country Club at Ave Maria, a bundled golf community by Lennar, was held on January 7, 2021. The Immokalee Road corridor between Naples and Ave Maria is projected to see thousands of new homes developed in the next few years. In January 2020, in what has been described as one of the most important votes for the future of growth in Collier County, commissioners approved Rivergrass Village. The village is the first of three planned 1,000-acre villages stretching from just north of Oil Well Road to east of Golden Gate Boulevard East. Rivergrass Village will allow for up to 2,500 homes; 100,000 square feet of retail and office uses and a minium of 25,000 square feet for civic government, and institutional buildings. Longwater Village will allow for up to 2,600 homes; 65,000 square feet of retail and office space and 25,000 square feet for civic government, and institutional buildings and Bellmar Village will allow for up to 2,750 homes; 85,000 square feet of retail and office space and 27,500 square feet for civic government, and institutional buildings. In a near unanimous decision, the Collier County Planning Commission agreed to recommend approval of Longwater in March 2021. The project has sparked controversy because the property sits in the environmentally sensitive Rural Lands Stewardship Area, or RLSA. Commissioners voted to approve the Longwater and Bellmar Villages on June 8, 2021. According to Collier County Planning Commission Chairman, Mark Strain, there are more than $1 billion in proprosed new luxury high-rise developments near the coast including One Naples at the northeast corner of Vanderbilt Beach Road and Gulf Shore Drive as well as Pelican Bay (Mystique completed in 2019) and Kalea Bay (Towers 100 and 200 are complete) in North Naples. New commercial development is very active at the intersections of Collier Boulevard and US 41 East as well as Collier Boulevard and Immokalee Road. Lastly, Strain reported future road projects including an overpass at Immokalee Road and Collier Boulevard and at Collier Boulevard and US 41 East as well as a flyover at Davis Boulevard and Collier Boulevard. Construction is scheduled to commence in 2021. In its 1st Quarter 2021 report, the Office of Federal Housing Enterprise Oversight (OFHEO) found that the Naples- Marco Island MSA had a 6.64% increase in home prices (all-transactions including purchase and refinance mortgage) over the trailing 12 months. Homes prices in the state of Florida increased 12.61% over the past year (2Q 2020 - 2Q 2021) which was 24th in the nation. The continuing care retirement community, Moorings Park, is teaming up with London Bay Homes to develop an independent living development with 275 residences in 17 buildings. All of the buildings will be six stories over parking. Grande Lake, will be built on 55 acres off Golden Gate Parkway, between Airport-Pulling and Livingston Roads. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 18 Phase 1 consisting of three, seven-story buildings totaling 47 units opened in May 2020. Entrance fees start at $1.5 million and are 70% refundable. Assisted living, memory care and concierge physician services are included. The community closed more than $77 million in sales within the first two weeks. Arthrex, a medical device manufacturer and one of the county's largest employers, completed construction of its latest expansion plan at its headquarters along Goodlette- Frank Road in early 2020. The development includes a 300,000 square-foot, six-story office complex with an auditorium, a four-story Innovation Hotel with approximately 160 rooms, a two-story wellness center, and a 3-acre park. The hotel hosts orthopedic surgeons from the U.S. and around the world for medical education on the company's devices and instruments. Arthrex has contracted with a Tampa-based company, Mainsail, to manage all elements of the hotel operation, including employees. The first regional store for Phoenix-based Sprouts Farmers Market anchors The Landings at Logan, a new 18-acre retail center at the southeast corner of Immokalee Road and Logan Boulevard in North Naples. NCH Healthcare Northeast located at the northeast quadrant of Immokalee Road and Collier Blvd (CR 951) opened in late 2015 and is the first free standing ER facility in Collier County. The two-story building consists of approximately 41,500± square feet. Barron Collier Companies and Metro Development Group broke ground on Founders Square, a 55-acre mixed-use development located on the southeast corner of Immokalee Road and Collier Boulevard in January 2020. The development will be anchored by The Pointe, a collection of 10 separate restaurants and other retail tenants. It will also include a 400-unit Class A apartment community, known as The Haldeman; a 35,000 square foot medical office building; and a 110,000 square foot self-storage facility. The project is expected to be completed in late 2021. Seed to Table, a new Oakes Farm grocery store at the northeast corner of Livingston and Immokalee Roads in North Naples opened in December 2019. The former Albertson's was completely gutted and consists of 77,000+ square foot store with sit-down dining, a full-service bar, three bars for beer and wine, wine room with samples on tap, a wood- fired brick oven for pizza, a raw bar, sushi bar, grilling area, coffee bar and stations preparing fresh pasta, guacamole, cheese, cut vegetables, sandwiches, smoothies and even homemade ice cream with indoor-outdoor seating. Paradise Coast Sports Complex, is Collier County’s partially completed $100 million Amateur Sports Complex. The county hopes to become a destination for traveling youth sports teams and amateur athletes. While the focus of the complex is athletics, there will be 20 fields between soccer, baseball and softball, plus a 10,000-person championship stadium, the goal is to get people to stay after the game is over with The Cove and The Factory. The Cove is a bar and food truck area for patrons to relax, listed to live music and play a variety of yard games (bag toss, oversized Connect Four and Jenga, plus ping pong). The Factory is an outdoor workout facility focusing on functional fitness (similar to CrossFit) which is available on a monthly membership basis. Additionally, the man- made lake next to The Cove includes a 2/3 mile jogging loop with three workout stations. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 19 There is a climbing wall for public use and a beach volleyball court. The county hopes to have sixteen more fields by the end of 2021. Investment Trends The following CoStar data shows Collier County trends in the Multi-Family, Retail, Office, and Industrial sectors as of Q1 2021. After the pandemic brought the Collier County multifamily investment market to a virtual standstill with no trades during the second and third quarters, multifamily investors strongly returned during the fourth quarter. By early November, the fourth quarter had already seen one of the highest quarterly sales volumes over the past five years, largely due to the trades of Wild Pines of Naples for a little over $25 million and Naples 701 for $24 million. The late December trade of Inspira pushed the quarterly total to the second- highest on record for Collier County. Market cap rates have flattened over the past two years, though market price growth is gently rising and at record levels. Retail investment activity picked up during the fourth quarter of 2020, though not by enough to prevent a third straight year of slowing sales volume. Market cap rates have slipped mildly over the past three years and market pricing has essentially held flat during the same time period. Office investors have increasingly targeted Collier County office space over the past two years and after virtually no trades in the second and third quarters, activity has surged since the end of September. The strong fourth-quarter rebound allowed 2020 to finish with one of the highest annual sales volumes of the past decade and the first quarter of 2021 posted one of the highest first-quarter sales volumes on record. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 20 Industrial sales volume remained heightened in Q1 2021 and investment activity has been at a record level for the past five years. Both market cap rates and market pricing are at record highs for the market, though market cap rates have been essentially flat for the past four+ years. Income Personal income is a significant factor in determining the real estate demand in a given market. The following table shows Collier County households by income from the CCIM Site to do Business. Overall, Collier County has an average household income of $108,633 and a per capita income of $45,359. Conclusion The long term economic outlook for Collier County is positive. The area lures people from all over the country for tourism as well as retirement, with the beaches and weather considered major demand drivers. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 21 The projected growth in population and employment provide an economic base that supports demand for real estate in the subject neighborhood and for the subject property. These conditions have resulted in increasing property values and should stimulate continued increases within the foreseeable future. Prior to the coronavirus pandemic, the residential market had stabilized after several years of an expansion period, with sustained growth in demand and increasing construction. Since the coronavirus pandemic, residential demand has increased significantly with record sales in 2020. Inventory shortages continue to drive prices up; however, extended shortages and surging construction prices may begin to temper demand. According to the According to the Naples Area Board of Realtors (NABOR), there was a record $18.2 billion in sales in Collier County during 2020. The year-end 2020 Market Report released by NABOR shows overall closed sales increased 19% from 2019. Home values continue to increase with the 2020 median closed price of $370,000 up 11% from the 2019 median price. Generally, the commercial market lags the residential market. Aside from some signs of an upcoming decline, characterized by positive but falling demand with increasing vacancy, the overall commercial market was projected to continue to increase at a stabilized rate prior to the coronavirus outbreak. The significant residential demand since the pandemic has generally stabilized the commercial market overall with an increased demand for the industrial sector and select retail and office properties. RED MAPLE SWAMP AND WINCHESTER HEAD COLLIER COUNTY AREA ANALYSIS Page 22 COLLIER COUNTY AREA MAP Winchester Head Red Maple Swamp RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 23 PROPERTY DESCRIPTION AND ANALYSIS RED MAPLE SWAMP SITE ANALYSIS The following description is based on our property inspection and public records. Parcel ID Gross Land Area (Acres) Typical Parcel Size (Acres)Zoning FDEP Informal Wetland Determination Red Maple Swamp 305.69 1.0 - 3.5 E - Estates 100% Wetlands Winchester Head 158.67 1.0 - 3.5 E - Estates 0% to 100% Wetlands Market Areas The Red Maple Swamp Preserve project boundary encompasses 107 parcels totaling 305.69 acres within Golden Gate Estates Unit 53. According to Collier County, the typical remaining parcel size to be acquired ranges from 1.0 to 3.5 acres in size. RED MAPLE SWAMP Location: Red Maple Swamp is located north of Immokalee Road and west of Wilson Boulevard. It is bordered by Twin Eagles, a master planned residential development with two, 18-hole golf courses to the south and SFWMD lands to the north and west. Estates zoned parcels and single-family homes are located to the east. Current Use of the Property: Vacant wetlands. Road Frontage/Access: Access to parcels within the Red Maple Swamp is provided by: • Shady Hollow Boulevard West (gravel road - single lane west of 9th Street W): runs east/west along northern border. • 41st Avenue NW (gravel road - single lane west of 9th Street W): runs east/west through market area. • 9th Street West (gravel road): runs north/south along eastern border. Topography: According to the Initial Criteria Screening Report prepared in March 2018 by Collier County's Conservation Collier Program, the area is a wetland hardwood forest community with native vegetation. Brazilian pepper, climbing fern, creeping signal grass, and air potato were also observed. Soil Conditions: We were not provided with a soils report for the purpose of this appraisal. We are not experts in soils analysis; however, the soil conditions observed at the subject appear to be typical of the region and adequate to support development. Utilities: Electricity: FP&L Sewer: None; Private septic systems service surrounding homes Water: None; Private wells service surrounding homes Environmental Issues: According to the Initial Criteria Screening Report prepared in March 2018 by Collier County's Conservation Collier Program the Red Maple Swamp Preserve is comprised of wetland hardwood forests. It is designated on the FDEP Informal Wetland Determinations March 2016 map as Wetlands. Permits from FDEP are required prior to RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 24 development. The permitting process will likely be very difficult, if not impossible, due to the significant coverage of active wetlands. Encumbrance / Easements: A current title report was not provided for the purpose of this appraisal. We are not aware of any easement, restrictions, or encumbrances that would adversely affect value. Therefore, our valuation assumes the subject has a clear and marketable title with no adverse easement, restrictions, or encumbrances. Red Maple Swamp Aerial RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 25 Site Photographs Shady Hollow Boulevard West (gravel road - single lane west of 9th Street W) – Westerly (Photo Taken on June 12, 2021) Shady Hollow Boulevard West (gravel road - single lane west of 9th Street W) – Easterly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 26 Site Photographs 9th Street West (gravel road) and canal – Northerly (Photo Taken on June 12, 2021) 41st Avenue NW (gravel road - single lane west of 9th Street W) - Westerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 27 Site Photographs Typical Parcel view from Shady Hollow Boulevard West - Southerly (Photo Taken on June 12, 2021) Typical Parcel view from Shady Hollow Boulevard West - Southerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD RED MAPLE SWAMP SITE ANALYSIS Page 28 Site Photographs Typical Parcel view from 41st Avenue NW - Northerly (Photo Taken on June 12, 2021) Typical Parcel view from 41st Avenue NW - Northeasterly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 29 WINCHESTER HEAD SITE ANALYSIS The Winchester Head project boundary encompasses 115 parcels totaling 158.67 acres within Golden Gate Estates Units 62 and 65. According to Collier County, the typical remaining parcel size to be acquired ranges from 1.0 to 3.5 acres in size. RED MAPLE SWAMP Location: Winchester Head is located east of Everglades Boulevard North between 35th Avenue NE and 41st Avenue NE. It is surrounded by single-family residential sites and homes. Current Use of the Property: Vacant wetlands with some single-family development. Road Frontage/Access: Access to parcels within the Red Maple Swamp is provided by: • 37th Avenue NE (paved road): runs east/west through market area. • 39th Avenue NE (paved road): runs east/west through market area. • 41st Avenue NE (paved road): runs east/west through market area. Topography: According to the Initial Criteria Screening Report prepared in March 2018 by Collier County's Conservation Collier Program, the area is wetlands with a mix of Wetland Hardwoods, Cypress, Pine, Cabbage Palm, and Freshwater Marsh. Brazilian pepper, melaleuca, and old world climbing fern were also observed. Soil Conditions: We were not provided with a soils report for the purpose of this appraisal. We are not experts in soils analysis; however, the soil conditions observed at the subject appear to be typical of the region and adequate to support development. Utilities: Electricity: FP&L Sewer: None; Private septic systems service surrounding homes Water: None; Private wells service surrounding homes Environmental Issues: According to the Initial Criteria Screening Report prepared in March 2018 by Collier County's Conservation Collier Program Winchester Head is comprised entirely of depressional cypress and marsh wetlands and therefore, provides habitat for wetland dependent species. It is designated on the FDEP Informal Wetland Determinations March 2016 map as Wetlands. Permits from FDEP are required prior to development. Encumbrance / Easements: There are sixty-foot (60’) platted right-of-way and utility easements along 37th Ave NE, 39th Ave NE, and 41st Ave NE. A current title report was not provided for the purpose of this appraisal. We are not aware of any easement, restrictions, or encumbrances that would adversely affect value. Therefore, our valuation assumes the subject has a clear and marketable title with no adverse easement, restrictions, or encumbrances. RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 30 Winchester Head Aerial Approximate boundary shown in blue. Both market areas are zoned E: Estates. ZONING Zoning Code E Zoning Authority Collier County Zoning Description Estates Permitted Uses Includes single-family dwellings, family care facilities (subject to section 5.05.04), essential services (as set forth in section 2.01.03), and schools, public, including educational plants. Minimum Lot Area (SF) 2.25 acres Minimum Floor Area (SF) 1,000 Minimum Street Frontage (Feet) 150 Front Set Back Distance (Feet) 75 Rear Set Back Distance (Feet) 75 Side Yard Distance (Feet) 30 feet; 37.5 feet for corner lots along longest side Maximum Density/FAR One dwelling units per 2.25 acres Maximum Building Height (Feet) 30 RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 31 Site Photographs 37th Avenue NE (paved road) – Easterly (Photo Taken on June 12, 2021) 37th Avenue NE (paved road) – Westerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 32 Site Photographs Typical Parcel view from 37th Avenue NE - Northerly (Photo Taken on June 12, 2021) Typical Parcel view from 37th Avenue NE - Southerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 33 Site Photographs 39th Avenue NE (paved road) – Easterly (Photo Taken on June 12, 2021) 39th Avenue NE (paved road)– Westerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 34 Site Photographs Typical Parcel view from 39th Avenue NE - Northerly (Photo Taken on June 12, 2021) Typical Parcel view from 39th Avenue NE - Southerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 35 Site Photographs 41st Avenue NE (paved road) – Easterly (Photo Taken on June 12, 2021) 41st Avenue NE (paved road) – Westerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD WINCHESTER HEAD SITE ANALYSIS Page 36 Site Photographs Typical Parcel view from 41st Avenue NE - Southerly (Photo Taken on June 12, 2021) Typical Parcel view from 41st Avenue NE - Southerly (Photo Taken on June 12, 2021) RED MAPLE SWAMP AND WINCHESTER HEAD HIGHEST AND BEST USE Page 37 HIGHEST AND BEST USE Highest and best use may be defined as: The reasonably probable use of property that results in the highest value. The four criteria the highest and best use must meet are legal permissibility, physical possibility, financial feasibility, and maximum productivity. 1 ▪ Physically possible for the land to accommodate the size and shape of the ideal improvement. ▪ Legally permissible under the zoning regulations, building codes, environmental regulations, and other restrictions that apply to the site. A property use that is either currently allowed or most probably allowable. ▪ Financially feasible to generate sufficient income to support the use. ▪ Maximally productive, or capable of producing the highest value from among the permissible, possible, and financially feasible uses. Highest and Best Use As Vacant Physically Possible The subject consists of parcels ranging in size from 1.00 to 3.5 acres located within the previously defined Red Maple Swamp and Winchester Head areas. Access to Red Maple Swamp is provided by single-lane gravel roads. Access through Winchester Head is provided by paved roads. The physical characteristics of the parcels should reasonably accommodate any use that is not restricted by its size. However, development on the parcels may be limited due to wetland coverage. Legally Permissible The subject site is zoned Estates (E), which permits uses including low density residential with limited agricultural uses. The FDEP Informal Wetland Determinations March 2016 map designates the parcels as Wetlands. Permits from FDEP are required prior to development. The permitting process for most parcels (especially those in the Red Maple Swamp) will likely be very difficult, if not impossible, due to the significant coverage of active wetlands. It is noted permits were reportedly approved for Red Maple Swamp Comparable 3 (located along the eastern edge of the Red Maple Swamp); however, the parcel does have some uplands adjacent to the drainage canal. Financially Feasible Financial feasibility is an analysis of the ability of a property to generate sufficient income to support the use, or a reasonable probability of producing a positive income stream net of operating expenses, financial costs, and capital amortization. 1 The Dictionary of Real Estate Appraisal 6th ed. (Chicago: Appraisal Institute, 2015) RED MAPLE SWAMP AND WINCHESTER HEAD HIGHEST AND BEST USE Page 38 Prior to the coronavirus pandemic, the residential market had stabilized after several years of an expansion period, with sustained growth in demand and increasing construction. Since the coronavirus pandemic, residential demand has increased significantly with record sales in 2020. Inventory shortages continue to drive prices up; however, extended shortages and surging construction prices may begin to temper demand. A well-designed single-family home that is appropriately marketed and priced, should be received favorably by the market. The substantial costs associated with permitting and fill typically results in a lower price per acre than upland parcels in order to make development financially feasible. If the costs make development financially unfeasible or permitting is not achievable; conservation use becomes the only financially feasible use. Maximally Productive The maximally productive land use yields the highest value of the possible uses. Conservation and/or single-family development is the only use that meets the tests of physically possible, legally permissible, and financially feasible. The permitting process for most parcels (especially those in the Red Maple Swamp) will likely be very difficult, if not impossible, due to the significant coverage of active wetlands. Parcels in the Red Maple Swamp area most likely have a highest and best use as conservation while parcels in Winchester Head have a highest and best use as single - family development and/or conservation depending on the wetland coverage. Therefore, conservation and/or single-family development is concluded to be the maximally productive and highest and best use of the site. Highest and Best Use as Improved No improvements are situated on the site. Therefore, a highest and best analysis as improved is not applicable. Most Probable Buyer Considering the size and location of the property, the most probable buyer of an individual parcel is an owner-user or builder for single-family development or wetland mitigation. Conservation Collier is also a probable buyer as a multi -parcel conservation project. RED MAPLE SWAMP AND WINCHESTER HEAD VALUATION METHODOLOGY Page 39 VALUATION METHODOLOGY Three basic approaches may be used to arrive at an estimate of market value. They are: 1. The Cost Approach 2. The Sales Comparison Approach 3. The Income Approach Cost Approach The Cost Approach estimates the current cost to construct the existing structure including an entrepreneurial incentive, depreciation, and the estimated land value. This approach is particularly applicable when the improvements represent the highest and best use of the land and are relatively new. It is also applicable when the property has unique or specialized improvements for which there is little or no sales data from comparable properties. Sales Comparison Approach The Sales Comparison Approach compares sales of similar properties with the subject property. Each comparable sale is adjusted for its inferior or superior characteristics. The values derived from the adjusted comparable sales form a range of value for the subject. By process of correlation and analysis, a final indicated value is derived. This approach is most reliable in an active market, and is least reliable when valuing a property for which no direct comparable sales data is available. Income Approach The Income Approach converts the anticipated flow of future benefits (cash flows and reversion) to a present value estimate through a capitalization and or a discounting process. This approach generally reflects a typical investor’s perception of the relationship between the potential income of a property and its market value. Final Reconciliation The appraisal process concludes with the Final Reconciliation of the values derived from the approaches applied for a single estimate of market value. The reconciliation of the approaches is based on an evaluation of the quantity and quality of the available data in each approach. Furthermore, different properties require different means of analysis and lend themselves to one approach over the others. RED MAPLE SWAMP AND WINCHESTER HEAD VALUATION METHODOLOGY Page 40 ANALYSES APPLIED A cost analysis was considered and was not developed because there are no improvements that contribute value to the property. A sales comparison analysis was considered and was developed because typically this is the most appropriate approach for the valuation of vacant land. This approach is applicable to the subject because there is an active market for similar properties and sufficient sales data is available for analysis. An income analysis was considered and was not developed because the subject is not likely to generate rental income as vacant land. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 41 SALES COMPARISON APPROACH – RED MAPLE SWAMP The Sales Comparison Approach is based on the premise that a buyer would pay no more for a specific property than the cost of obtaining a property with the same quality, utility, and perceived benefits of ownership. It is based on the principles of supply and demand, balance, substitution and externalities. The following steps describe the applied process of the Sales Comparison Approach. • The market in which the subject property competes is investigated; comparable sales, contracts for sale and current offerings are reviewed. • The most pertinent data is further analyzed and the quality of the transaction is determined. • The most meaningful unit of value for the subject property is determined. • Each comparable sale is analyzed and where appropriate, adjusted to equate with the subject property. • The value indication of each comparable sale is analyzed and the data reconciled for a final indication of value via the Sales Comparison Approach. Land Comparables I have researched six comparables for this analysis; these are documented on the following pages followed by a location map and analysis grid. All sales have been researched through numerous sources, inspected and verified by a party to the transaction. For this analysis, we use the price per acre as the appropriate unit of comparison because market participants typically compare sale prices and property values on this basis. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 42 Comp Address Date Price Comp City Acres Price Per Acre Subject Generally within Golden Gate Estates Unit 53 6/12/2021 Subject Naples 1.0 - 3.5 acres 1 4140 Wilson Blvd N 4/20/2021 $55,000 1 Naples 2.34 $23,504 2 37th Ave NE 5/19/2021 $50,000 2 Naples 2.27 $22,026 3 41st Ave NW 6/17/2021 $63,000 3 Naples 3.03 $20,792 4 41st Ave NW 4/23/2021 $99,000 4 Naples 5.00 $19,800 5 37th Ave NW 4/8/2021 $90,000 5 Naples 5.23 $17,208 6 41st Ave NW 4/30/2021 $36,000 6 Naples 2.73 $13,187 Comments Red Maple Swamp 150' x 680' heavily treed lot located east side of Wilson Blvd N. January 2021 Informal Wetland Determination identified 2.24 acres (96%) wetlands. The Wilson Blvd N. ROW easement is the only uplands. Listed in March 2021 for $75,000. 150' x 660' heavily treed lot located along south side of 37th Ave NE. Listing agent, Richard Paganes, confirmed the lot was 98% wetlands. The only upland was along the 37th Ave NE ROW. Lot was purchased 9/29/2020 for $31,000 and relisted in April 2021 for $49,999. 200' x 660' heavily treed lot located at northwest corner of 41st Ave NW and 9th ST NW. Lot is located on the edge of the Red Maple Swamp. Nov. 16, 2020 Informal Wetland Determination identified 1.36 acres (45%) of the site as wetlands. The eastern 80' or approximately 40% of the lot is encumbered by a drainage canal easement. The uplands consists of the front approximately 50-55' and a 40-50' strip between the canal and wetlands. Lot was purchased 12/3/2020 for $42,000 and re-listed for $79,995 in 2/21. The asking price was reduced to $69,000 in 5/21. According to the seller, Christina McCollum, she started the permitting process in Nov. 2020 and paid approximately $3,850 for the permit and proposed site plan. The permit was approved prior to sale. Christina estimated the cost of mitigation at approximately $30,000 for a 2,000 SF single family home. 330' x 660' heavily treed lot located along south side of 41st Ave NW. Collier Environmental Consultants reported jurisdictional wetlands present on the site as of 8/25/17. The exact amount was not known; but it appears to be the majority of the site. Lot was listed in 3/21 for $99,000 Two adjacent parcels with a total of 345' x 660' heavily treed lots located along north side of 37th Ave NW (gravel road). Listing agent, Richard Paganes, confirmed the lot was 98% wetlands. The only upland was along the 37th Ave NW ROW. Lots were listed for $89,999 on 2/25/21. 180' x 660' heavily treed lot located along north side of 41st Ave NW. Listing agent reported wetlands were present. The exact amount was not known; but it appears to be the majority of the site. Lot was listed in 7/2020 for $65,000 and reduced to $45,000 in October 2020. Comparables Map Red Maple Swamp RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 43 Analysis Grid The above sales have been analyzed and compared with the subject property. I have considered adjustments in the areas of: Effective Sale Price This takes into consideration unusual conditions involved in the sale that could affect the sales price, such as excess land, non- realty components, commissions, or other similar factors. Usually the sale price is adjusted for this prior to comparison to the subject. Real Property Rights Property rights dissimilar to the subject which affect value. Financing Terms Favorable or unfavorable seller financing, or assumption of existing financing. Conditions of Sale Circumstances that atypically motivate the buyer or seller, such as 1031 exchange transaction, assemblage, or forced sale. Market Conditions Inflation or deflation since sale date due to economic influences Location Market or submarket area influences on sale price; surrounding land use influences. Physical Characteristics Attributes such as size, shape, utilities, frontage, zoning, etc. On the following page is a sales comparison grid displaying the subject property, the comparables and the adjustments applied. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 44 Name Address City Date Price Acres Acre Unit Price Property Rights Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0% Financing Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0% Conditions of Sale Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0% Market Trends Through 6/12/2021 25.0% Location % Adjustment $ Adjustment Acres % Adjustment $ Adjustment Environmental Issues % Adjustment $ Adjustment Shape % Adjustment $ Adjustment Zoning % Adjustment $ Adjustment Net Adjustments Gross Adjustments Red Maple Swamp 4140 Wilson Blvd N 37th Ave NE NWC 41st and 9th ST NW 41st Ave NW 37th Ave NW NS 41st Ave NW Comp 5 Comp 6Land Analysis Grid Comp 1 Comp 2 Comp 3 Comp 4 6/12/2021 4/20/2021 5/19/2021 6/17/2021 4/23/2021 4/8/2021 4/30/2021 Naples Naples Naples Naples Naples Naples Naples Generally within Golden Gate Estates Unit 53 4140 Wilson Blvd N 37th Ave NE 41st Ave NW 41st Ave NW 37th Ave NW 41st Ave NW $55,000 $50,000 $63,000 $99,000 $36,000$90,000 1.0 - 3.5 acres 2.34 2.27 3.03 5.00 5.23 2.73 $13,187 Transaction Adjustments $23,504 $22,026 $20,792 $19,800 $17,208 Fee Simple Adjusted Acre Unit Price $23,504 $22,026 $20,792 $19,800 $17,208 3.3%1.5%0.0%3.1%4.1% $13,187 2.7% Gravel Paved Paved Gravel Road Paved Adjusted Acre Unit Price $24,278 $22,352 $20,792 $20,415 $17,906 Gravel Road Paved 0% $13,538 -15% -$3,642 -$3,353 $0 -$3,062 $0 -15%-15%0%-15% -$2,031 0%0%0%0% 1.0 - 3.5 acres 2.34 2.27 3.03 5.00 0%0% 2.735.23 $0$0 $0 $0 $0 $0 100% Wetlands 96% Wetlands 98% Wetlands 45% Wetlands and 40% Canal Majority Wetlands 98% Wetlands Majority Wetlands $0 $0 -$3,119 $0 0%0%-15%0% $0 $0 0%0% 0%0%0%0% Rectangular Rectangular Rectangular Rectangular Rectangular Rectangular 0%0% $0 Rectangular Residential Residential Residential Residential Residential $0 Residential Residential $0 $0 $0 $0 0%0%0%0%0%0% $0 $0 $0 $0 $0 $0 Adjusted Acre Unit Price $20,637 $18,999 $17,673 $17,352 15.0% $17,906 $11,507 15.0%15.0%15.0%15.0%0.0% -15.0%-15.0%-15.0%-15.0%0.0%-15.0% RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 45 Comparable Land Sale Adjustments Property Rights All of the comparables transferred in fee simple interest; therefore, no adjustments for property rights are required. Financing All of the comparable sales had market orientated financing or were cash transactions; therefore, no adjustments for financing are required. Conditions of Sale All the comparable sales were arm’s length transactions; therefore, no adjustment for conditions of sale is required. Economic Trends The following graph shows comparable residential land sales within the surrounding market area over the past year. The graph indicates an upward trend in sales prices from mid 2020 through the current date. However, it is noted this is unadjusted raw data and does not relate directly to the subject. It is also noted that Comparable 2 was purchased in September 2020 for $31,000 and re-sold in May 2021 for $50,000 indicating a 61% increase over approximately 8 months. Comparable 3 was purchased in December 2020 for $42,000 and re-sold, fully RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 46 permitted, in June 2021 for $63,000 indicating a 93% increase over approximately 7 months. The analyses and value opinion in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective date indicated. No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value. Based on the previous analysis and considering the increased demand for residential property in Southwest Florida, we have applied a 25.0% annual adjustment. Location The subject parcels are located within the Red Maple Swamp which is comprised of wetland hardwood forests with no development. Shady Hollow Boulevard West borders the area to the north and is a single-lane gravel road. 41st Avenue NW runs east/west through the middle of the Swamp and is a largely overgrown single-lane gravel road. The closest single-family home is located along 41st Avenue NW east of 9th Street NW (gravel road which borders the subject area to the east). Comparables 1, 2, 4, and 6 are all located along paved roads in more developed areas east of the subject and are considered superior in terms of location. Comparable 3 is located at the corner of 41st Avenue NW (gravel) and 9th Street NW (gravel) within the Red Maple Swamp. It is considered similar overall in terms of location. Comparable 5 is located along an unpaved, gravel section of 37th Avenue NW in a largely undeveloped area. It is considered similar overall in terms of location. Size For this analysis, all of the comparable sales are relatively similar in terms of size; therefore, no adjustments are required. Environmental Issues The subject parcels are located within the Red Maple Swamp which is comprised of wetland hardwood forests. The entire area is designated on the FDEP Informal Wetland Determinations March 2016 map as Wetlands. Permits from FDEP are required prior to development. The permitting process will likely be very difficult, if not impossible, due to the significant coverage of active wetlands. The comparable properties are all impacted by wetlands. Comparables 1, 2, and 5 are effectively 100% wetlands with the only upland areas located near the road right of way. Therefore, no adjustments are required. Comparable 3 is located within the Red Maple Swamp along the eastern border. A November 16, 2020 Informal Wetland Determination identified 1.36 acres (45%) of the site as wetlands. The eastern 80' or approximately 40% of the lot is encumbered by a RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – RED MAPLE SWAMP Page 47 drainage canal easement. The uplands consist of the front approximately 50-55' and a 40- 50' strip between the canal and wetlands. According to the seller, Christina McCollum, she started the environmental resource permitting process in November 2020 and paid approximately $3,850 for the permit and proposed site plan. The permit was approved prior to sale in June 2021. Christina estimated the cost of mitigation at approximately $30,000 for a 2,000 SF single family home. This comparable is adjusted downward for the approved permits and approximately 15% upland area. Wetland determinations were not available for Comparables 4 and 6. Collier Environmental Consultants reported jurisdictional wetlands present on Comparable 4. The listing agent reported wetlands were present on Comparable 6. No adjustments could be supported; therefore, none are made. Configuration All of the comparables are relatively similar in terms of configuration; therefore, no adjustments are required. Zoning All of the comparables are similar in terms of zoning; therefore, no adjustments are required. Sales Comparison Approach Conclusion All of the value indications have been considered, and in the final analysis, typical parcels within the Red Maple Swamp will represent the low end of the range due to the significant wetland coverage and inferior access, which will make the permitting process very difficult, if not impossible. The following table summarizes the final reconciled value per my final reconciled per acre for parcels 1.0 to 3.5 acres in size with 100% wetlands. 6 % Δ -12.74% -12.20% -10.68% Land Value Ranges & Reconciled Values Number of Comparables:Unadjusted Adjusted Average:$19,420 $17,346 Low:$13,187 $11,507 High:$23,504 $20,637 Reconciled Value/Unit Value:$12,500 Subject Size:1.0 - 3.5 acres RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 48 SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Land Comparables - Wetlands I have researched eight comparables for this analysis; these are documented on the following pages followed by a location map and analysis grid. All sales have been researched through numerous sources, inspected and verified by a party to the transaction. For this analysis, we use the price per acre as the appropriate unit of comparison because market participants typically compare sale prices and property values on this basis. Comp Address Date Price Comp City Acres Price Per Acre Subject Generally within Golden Gate Estates Units 62 and 65 6/12/2021 Subject Naples 1.0 - 3.5 acres 1 39th Ave NE 6/7/2021 $35,000 1 Naples 1.14 $30,702 2 3531 37th Ave NE 3/5/2021 $15,000 2 Naples 1.14 $13,158 3 3247 35th Ave NE 3/19/2021 $27,000 3 Naples 1.14 $23,684 4 2780 52nd Ave NE 4/5/2021 $40,000 4 Naples 2.73 $14,668 5 50th Ave NE 2/26/2021 $38,500 5 Naples 2.50 $15,400 6 2825 64th Ave NE 3/16/2021 $24,900 6 Naples 1.14 $21,842 7 3647 39th Ave NE 4/6/2021 $35,000 7 Naples 1.14 $30,702 8 39th Ave NE 3/26/2021 $25,000 8 Naples 1.14 $21,930 180' x 660' heavily treed lot located along south side of 52nd Avenue NE. FL DEP Wetland Determination dated May 2003 indicates the site is majority wetlands. Listed in Feb. 2017 for $52,000 and decreased in July 2018 to $42,000. Seller provided 10% concession. 165' x 660' heavily treed lot located along south side of 52th Avenue NE. Informal Wetland Determination dated 6/5/2020 identified 1.60 acres (64%) wetlands. The uplands are largely located in the back of the lot. Listed in June 2020 for $55,000 and reduced to $44,000 in Oct. 2020. 75' x 660' heavily treed lot located along north side of 39th Avenue NE. Dec 2019 Informal Wetland Determination identified 0.61 acres (54%) wetlands. The uplands are located in the back of the site. Outer edge of Winchester Head. Lot was listed in March 2021 for $49,900. 75' x 660' heavily treed lot located along north side of 64th Avenue NE. No Wetland Determination available. Located at the eastern edge of the Horsepen Strand. According to the FL DEP Wetland overlay map it appears the majority of the parcel is wetlands. Potential uplands near the front of the site. Listed in Feb 2021 for $24,900. Winchester Head Comments 75' x 660' heavily treed lot located along south side of 39th Avenue NE. Adjacent lot to east has Informal Wetland Determination showing100% wetlands. Lot appears to be 100% wetllands. Outer edge of Winchester Head. Listed in March 2021 for $29,900. 75' x 660' heavily treed lot located along north side of 35th Avenue NE. September 2017 Informal Wetland Determination identified the site as 88% wetlands. The 0.14 acre upland area is located approximately 150' from the road adjacent to the neighboring home. Listed in Feb. 2021 for $29,000. 75' x 660' heavily treed lot located along north side of 37th Avenue NE. Central portion of Winchester Head. Listed in Dec. 2020 for $27,500 and reduced to $19,900 on 1/28/21. 75' x 660' heavily treed lot located along south side of 39th Avenue NE. April 2019 Informal Wetland Determination identified the site as 100% wetlands. Outer edge of Winchester Head. Listed in April 2017 for $34,900 and increased in Jan 2020 to $39,900. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 49 Comparables Map Winchester Head 4 1, 7 & 8 RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 50 Name Address City Date Price Acres Acre Unit Price Property Rights Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0% Financing Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0% Cash to seller 0.0% Conditions of Sale Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0% Seller Concession -10.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0% Arm's Length 0.0% Market Trends Through 6/12/2021 25.0% Location % Adjustment $ Adjustment Acres % Adjustment $ Adjustment Environmental Issues % Adjustment $ Adjustment Shape % Adjustment $ Adjustment Zoning % Adjustment $ Adjustment Net Adjustments Gross Adjustments 0.0% $16,431 $31,985 0.0% $13,979 0.0% 0.0% 0.0% $30,796 $23,049$13,762 0.0% $24,947 0.0% $23,001 0%0% Similar $23,001 Comp 8 SS 39th Ave NE 5.3% 1.14 39th Ave NE Naples 3/26/2021 Similar $25,000 0% $21,930 $21,930 4.9% 0% $0 $0 Majority Wetlands $0 1.14 Rectangular 0% $0 Residential 1.14 Majority Wetlands $0 0% $0 $0 1.14 0% 0% $0 0% 0% 0% Rectangular $0 Residential $0$0 0% 0% $0 54% Wetlands 0% 0% Rectangular $0 Residential 0% 64% Wetlands $0 Rectangular Residential 0% $0 0.0% 0.0%0.0% 0.0% Adjusted Acre Unit Price Residential $0 0% $0 51% - 100% Wetlands 1.14 $0 $0 Rectangular Rectangular 0% $0 Rectangular 1.0 - 3.5 acres $0 0% 0.3% $0 1.14 0% Similar 6.2% $13,979 0% Adjusted Acre Unit Price $30,796 Average Similar $13,158 Fee Simple Transaction Adjustments Adjusted Acre Unit Price $30,702 $23,684 Naples Generally within Golden Gate Estates Units 62 and 65 3531 37th Ave NE NaplesNaples $23,684 1.14 3247 35th Ave NE 1.14 3/19/2021 $27,000$35,000 1.0 - 3.5 acres $30,702 1.14 Naples 39th Ave NE 3531 37th Ave NE 39th Ave NE Comp 2 $13,158 Winchester Head Land Analysis Grid Comp 1 Comp 4 2780 52nd Ave NE Comp 5 3247 35th Ave NE Comp 3 Similar 0% 100% Wetlands $0 $0 Residential 0% Residential $0 $0 Residential $24,947 1.14 0%0% 88% Wetlands 0% $0 0% Naples 2.73 Similar $0 0% $0 100% Wetlands $0 $0 Rectangular $0 0%0%0% 2825 64th Ave NE Residential 4/6/2021 $0 2825 64th Ave NE2780 52nd Ave NE $13,201 3/16/2021 $21,842 4.2% $38,500 50th Ave NE $40,000 Naples 4/5/2021 Naples $24,900 $30,702 4.2% $35,000 Naples 2.73 Majority Wetlands 3647 39th Ave NE 3647 39th Ave NE $23,049 2.50 $21,842 1.14 6.7% 2/26/2021 50th Ave NE Comp 6 $31,985 5.5% Comp 7 1.14 $15,400 Similar $15,400 $14,668 2.50 0% $16,431 Similar 0% 0% $0 $30,702 0% $0 Rectangular $0 0% $0 0% $0 $0 0% $0 0.0%0.0%0.0%0.0% 3/5/20216/12/2021 6/7/2021 $15,000 0.0% 0% $13,762 RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 51 Comparable Land Sale Adjustments Property Rights All of the comparables transferred in fee simple interest; therefore, no adjustments for property rights are required. Financing All of the comparable sales had market orientated financing or were cash transactions; therefore, no adjustments for financing are required. Conditions of Sale All the comparable sales were arm’s length transactions; therefore, no adjustment for conditions of sale is required. The seller of Comparable 4 gave a 10% concession at closing. The comparable is adjusted downward appropriately. Economic Trends The following graph shows comparable residential land sales within the surrounding market area over the past year. The graph indicates an upward trend in sales prices from mid 2020 through the current date. However, it is noted this is unadjusted raw data and does not relate directly to the subject. It is also noted that Comparable 2 (analyzed in the following upland section) was purchased in March 2020 for $54,500 and re-sold in June 2021 for more than double the price at $115,713. The analyses and value opinion in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective date indicated. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 52 No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value. Based on the previous analysis and considering the increased demand for residential property in Southwest Florida, we have applied a 25.0% annual adjustment. Location The comparable sales are located within the immediate vicinity of Winchester Head and Horsepen Strand. No adjustments for location area required. Size For this analysis, all of the comparable sales are relatively similar in terms of size; therefore, no adjustments are required. Environmental Issues The subject parcels are located within Winchester Head which is comprised entirely of depressional cypress and marsh wetlands and therefore, provides habitat for wetland dependent species. It is designated on the FDEP Informal Wetland Determinations March 2016 as Wetlands. Permits from FDEP are required prior to development. The comparable properties are all impacted by w etlands. Comparables 1 and 2 are 100% wetlands. Comparable 3 is 88% wetlands with the upland area located approximately 150 feet from the road. A FL DEP Wetland Determination dated May 2003 indicates Comparable 4 is largely wetlands. An Informal Wetland Determination of Comparable 5 indicates 64% wetlands with the uplands located in the back of the site. Wetland determinations were not available for Comparables 6 and 8. Comparable 6 is located at the eastern edge of the Horsepen Strand and appears to be largely wetlands. Potential uplands are located near the front of the site. Comparable 8 is located on the outer edge of Winchester Head and appears to be 100% wetlands. An Informal Wetland Determination of Comparable 7 indicates 54% wetlands with the uplands located in the back of the site. Overall, no adjustments are made in the grid; however, the differing wetland coverage is considered in the final reconciliation. Configuration All of the comparables are relatively similar in terms of configuration; therefore, no adjustments are required. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD WETLANDS Page 53 Zoning All of the comparables are similar in terms of zoning; therefore, no adjustments are required. Sales Comparison Approach Conclusion All of the value indications have been considered. Based on the preceding analysis, and considering the significant wetland coverage in Winchester Head, I conclude toward the low and of the range and arrive at my final reconciled per acre values as follows. Area Winchester Head Typical Parcel Size 1.0 - 3.5 acres Indicated Value per Acre 51 - 75% wetlands $20,500 76 - 100% wetlands.$16,500 RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Page 54 SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Land Comparables I have researched five comparables for this analysis; these are documented on the following pages followed by a location map and analysis grid. All sales have been researched through numerous sources, inspected and verified by a party to the transaction. For this analysis, we use the price per acre as the appropriate unit of comparison because market participants typically compare sale prices and property values on this basis. Comp Address Date Price Comp City Acres Price Per Acre Subject Generally within Golden Gate Estates Units 62 and 65 6/12/2021 Subject Naples 1.0 - 3.5 acres 1 3647 39th Ave NE 4/6/2021 $35,000 1 Naples 1.14 $30,702 2 3867 60th Ave NE 6/1/2021 $115,713 2 Naples 2.88 $40,192 3 2439 43rd Ave NE 5/6/2021 $89,900 3 Naples 2.27 $39,604 4 3740 37th Ave NE 4/2/2021 $70,500 4 Naples 1.14 $61,842 5 2395 45th Ave NE 3/22/2021 $82,500 5 Naples 1.59 $51,887 Comments Winchester Head 75' x 660' heavily treed lot located along north side of 39th Avenue NE. Dec 2019 Informal Wetland Determination identified 0.61 acres (54%) wetlands. The uplands are located in the back of the site. Outer edge of Winchester Head. Lot was listed in March 2021 for $49,900. 190' x 660' cleared lot located along north side of 60th Ave NE. Informal Wetland Determination dated 2/27/2020 shows 0 wetlands. Lot was purchsed on 3/11/2020 for $54,500 and relisted 4/27/21 for $115,713. 150' x 660' cleared lot located along north side of 43rd Ave NE. No reported wetlands. Lot was purchased 3/9/2021 along with another 2.27 acre lot for $105,000. Listed for $89,900 on 4/10/21. 75' x 660' heavily treed lot located along south side of 37th Ave NE. No reported wetlands. Listed 1/9/21 for $70,000. 105' x 660' cleared lot located along north side of 45th Ave NE. Informal Wetland Determination dated 8/27/2020 shows 0 wetlands. Lot listed 2/11/21 for $84,900. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Page 55 Comparables Map Winchester Head RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Page 56 Name Address City Date Price Acres Acre Unit Price Property Rights Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0%Fee Simple 0.0% Financing Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0%Cash to seller 0.0% Conditions of Sale Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0%Arm's Length 0.0% Market Trends Through 6/12/2021 25.0% Location % Adjustment $ Adjustment Acres % Adjustment $ Adjustment Environmental Issues % Adjustment $ Adjustment Shape % Adjustment $ Adjustment Zoning % Adjustment $ Adjustment Net Adjustments Gross Adjustments Winchester Head 3647 39th Ave NE 3867 60th Ave NE 2439 43rd Ave NE 3740 37th Ave NE 2395 45th Ave NE Comp 5Land Analysis Grid Comp 1 Comp 2 Comp 3 Comp 4 6/12/2021 4/6/2021 6/1/2021 5/6/2021 4/2/2021 3/22/2021 Naples Naples Naples Naples Naples Naples Generally within Golden Gate Estates Units 62 and 65 3647 39th Ave NE 3867 60th Ave NE 2439 43rd Ave NE 3740 37th Ave NE 2395 45th Ave NE $35,000 $115,713 $89,900 $70,500 $82,500 1.0 - 3.5 acres 1.14 2.88 2.27 1.14 1.59 Transaction Adjustments $30,702 $40,192 $39,604 $61,842 $51,887 Fee Simple Adjusted Acre Unit Price $30,702 $40,192 $39,604 $61,842 $51,887 4.2%0.7%2.3%4.4%5.1% Average Similar Similar Similar Similar Adjusted Acre Unit Price $31,985 $40,463 $40,510 $64,586 $54,554 Similar 0% $0 $0 $0 $0 $0 0%0%0%0% 0%0%0%0% 1.0 - 3.5 acres 1.14 2.88 2.27 1.14 0% 1.59 $0 $0 $0 $0 $0 0% - 50% Wetlands 54% Wetlands 0% Wetlands 0% Wetlands 0% Wetlands 0% Wetlands $0 $0 $0 $0 0%0%0%0% $0 0% 0%0%0%0% Rectangular Rectangular Rectangular Rectangular Rectangular Rectangular 0% $0 Residential Residential Residential Residential Residential Residential $0 $0 $0 $0 0%0%0%0%0% $0 $0 $0 $0 $0 Adjusted Acre Unit Price $31,985 $40,463 $40,510 $64,586 $54,554 0.0%0.0%0.0%0.0%0.0% 0.0%0.0%0.0%0.0%0.0% RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Page 57 Comparable Land Sale Adjustments Property Rights All of the comparables transferred in fee simple interest; therefore, no adjustments for property rights are required. Financing All of the comparable sales had market orientated financing or were cash transactions; therefore, no adjustments for financing are required. Conditions of Sale All the comparable sales were arm’s length transactions; therefore, no adjustment for conditions of sale is required. Economic Trends Based on the previous analysis and considering the increased demand for residential property in Southwest Florida, we have applied a 25.0% annual adjustment. Location The comparable sales are located within the immediate vicinity of Winchester Head and Horsepen Strand. No adjustments for location area required. Size For this analysis, all of the comparable sales are relatively similar in terms of size; therefore, no adjustments are required. Environmental Issues The subject parcels are located within Winchester Head which is comprised almost entirely of depressional cypress and marsh wetlands and therefore, provides habitat for wetland dependent species. It is designated on the FDEP Informal Wetland Determinations March 2016 as Wetlands. Permits from FDEP are required prior to development. An Informal Wetland Determination of Comparable 1 indicates 54% wetlands with the uplands located in the back of the site. Comparables 2, 3, 4, and 5 are all 100% uplands with no wetlands. Overall, no adjustments are made in the grid; however, the differing wetland coverage is considered in the final reconciliation. Configuration All of the comparables are relatively similar in terms of configuration; therefore, no adjustments are required. RED MAPLE SWAMP AND WINCHESTER HEAD SALES COMPARISON APPROACH – WINCHESTER HEAD UPLANDS Page 58 Zoning All of the comparables are similar in terms of zoning; therefore, no adjustments are required. Sales Comparison Approach Conclusion All of the value indications have been considered. Based on the preceding analysis, and considering the significant wetland coverage in Winchester Head, I conclude toward the low and of the range and arrive at my final reconciled per acre values as follows. Area Winchester Head Typical Parcel Size 1.0 - 3.5 acres Indicated Value per Acre 0 - 25% wetlands $40,500 26 - 50% wetlands $32,000 RED MAPLE SWAMP AND WINCHESTER HEAD RECONCILIATION Page 59 RECONCILIATION The process of reconciliation involves the analysis of each approach to value. The quantity and quality of data applied the significance of each approach as it relates to market behavior and defensibility of each approach are considered and weighed. Finally, each is considered separately and comparatively with each other. As discussed previously, we use only the sales comparison approach in developing an opinion of value for the subject. The cost and income approaches are not applicable, and are not used. FINAL VALUE CONCLUSION Based on the data and analyses developed in this appraisal, I have reconciled to the following value conclusion(s), as of June 12, 2021, subject to the Limiting Conditions and Assumptions of this appraisal. VALUE CONCLUSIONS Appraisal Premise Interest Appraised Date of Value Market Value, As Is Fee Simple June 12, 2021 Area Winchester Head Red Maple Swamp Typical Parcel Size 1.0 - 3.5 acres 1.0 - 3.5 acres Indicated Value per Acre 0 - 25% wetlands $40,500 N/A 26 - 50% wetlands $32,000 N/A 51 - 75% wetlands $20,500 N/A 76 - 100% wetlands $16,500 $12,500 Significant Factor The world, including the United States, is in the midst of a health crisis since early 2020 due to the rise of COVID 19. The global outbreak was officially declared a pandemic by the World Health Organization (WHO). The analyses and value opinion(s) in this appraisal are based on the data available to the appraiser at the time of the assignment and apply only as of the effective date indicated. No analyses or opinions contained in this appraisal should be construed as predictions of future market conditions or value(s). The value conclusion(s) are subject to the following hypothetical conditions and extraordinary conditions. These conditions may affect the assignment results. Hypothetical Conditions: None. Extraordinary Assumptions: None. Exposure and Marketing Times Exposure time is always presumed to precede the effective date of the appraisal and is the length of time the subject property would have been exposed for sale in the market had it sold on the effective valuation date at the concluded market value. Marketing time is an RED MAPLE SWAMP AND WINCHESTER HEAD FINAL VALUE CONCLUSION Page 60 estimate of the amount of time it might take to sell a property at the estimated market value immediately following the effective date of value. Based on our review of recent sales transactions for similar properties and our analysis of supply and demand in the local market it is our opinion that the probable marketing and exposure time for the property is 12 months. RED MAPLE SWAMP AND WINCHESTER HEAD CERTIFICATION Page 61 CERTIFICATION I certify that, to the best of my knowledge and belief: 1. The statements of fact contained in this report are true and correct. 2. The reported analyses, opinions and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, unbiased professional analyses, opinions and conclusions. 3. I have no present or prospective interest in the property that is the subject of this report, and have no personal interest with respect to the parties involved. 4. I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5. Our engagement in this assignment was not contingent upon developing or reporting predetermined results. 6. Our compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. 7. The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute. 8. My reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice 9. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. 10. Rachel M. Zucchi, MAI, CCIM has made an inspection of the subject property. 11. No one provided significant real property appraisal assistance to the person signing this certification. 12. We have experience in appraising properties similar to the subject and are in compliance with the Competency Rule of USPAP. RED MAPLE SWAMP AND WINCHESTER HEAD Page 62 13. This appraisal is not based on a requested minimum valuation, a specific valuation, or the approval of a loan. 14. We have not relied on unsupported conclusions relating to characteristics such as race, color, religion, national origin, gender, marital status, familial status, age, receipt of public assistance income, handicap, or an unsupported conclusion that homogeneity of such characteristics is necessary to maximize value. 15. Rachel M. Zucchi, MAI, CCIM has not performed any services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. 16. As of the date of this report, Rachel M. Zucchi, MAI, CCIM has completed the continuing education program for Designated Members of the Appraisal Institute. Rachel M. Zucchi, MAI, CCIM Florida State-Certified General Real Estate Appraiser RZ #2984 rzucchi@rklac.com; Phone 239-596-0801 RED MAPLE SWAMP AND WINCHESTER HEAD ASSUMPTIONS AND LIMITING CONDITIONS Page 63 ASSUMPTIONS AND LIMITING CONDITIONS This appraisal is based on the following assumptions, except as otherwise noted in the report. 1. The title is marketable and free and clear of all liens, encumbrances, encroachments, easements and restrictions. The property is under responsible ownership and competent management and is available for its highest and best use. 2. There are no existing judgments or pending or threatened litigation that could affect the value of the property. 3. There are no hidden or undisclosed conditions of the land or of the improvements that would render the property more or less valuable. Furthermore, there is no asbestos in the property. 4. The revenue stamps placed on any deed referenced herein to indicate the sale price are in correct relation to the actual dollar amount of the transaction. 5. The property is in compliance with all applicable building, environmental, zoning, and other federal, state and local laws, regulations and codes. 6. The information furnished by others is believed to be reliable, but no warranty is given for its accuracy. This appraisal is subject to the following limiting conditions, except as otherwise noted in the report. 1. An appraisal is inherently subjective and represents our opinion as to the value of the property appraised. 2. The conclusions stated in our appraisal apply only as of the effective date of the appraisal, and no representation is made as to the effect of subsequent events. 3. No changes in any federal, state or local laws, regulations or codes (including, without limitation, the Internal Revenue Code) are anticipated. 4. No environmental impact studies were either requested or made in conjunction with this appraisal, and we reserve the right to revise or rescind any of the value opinions based upon any subsequent environmental impact studies. If any environmental impact statement is required by law, the appraisal assumes that such statement will be favorable and will be approved by the appropriate regulatory bodies. 5. Unless otherwise agreed to in writing, we are not required to give testimony, respond to any subpoena or attend any court, governmental or other hearing with reference to the property without compensation relative to such additional employment. 6. We have made no survey of the property and assume no responsibility in connection with such matters. Any sketch or survey of the property included in this report is for illustrative purposes only and should not be considered to be RED MAPLE SWAMP AND WINCHESTER HEAD ASSUMPTIONS AND LIMITING CONDITIONS Page 64 scaled accurately for size. The appraisal covers the property as described in this report, and the areas and dimensions set forth are assumed to be correct. 7. No opinion is expressed as to the value of subsurface oil, gas or mineral rights, if any, and we have assumed that the property is not subject to surface entry for the exploration or removal of such materials, unless otherwise noted in our appraisal. 8. We accept no responsibility for considerations requiring expertise in other fields. Such considerations include, but are not limited to, legal descriptions and other legal matters such as legal title, geologic considerations such as soils and seismic stability, and civil, mechanical, electrical, structural and other engineering and environmental matters. 9. The distribution of the total valuation in the report between land and improvements applies only under the reported highest and best use of the property. The allocations of value for land and improvements must not be used in conjunction with any other appraisal and are invalid if so used. The appraisal report shall be considered only in its entirety. No part of the appraisal report shall be utilized separately or out of context. 10. Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity of the appraisers, or any reference to the Appraisal Institute) shall be disseminated through advertising media, public relations media, news media or any other means of communication (including without limitation prospectuses, private offering memoranda and other offering material provided to prospective investors) without the prior written consent of the person signing the report. 11. Information, estimates and opinions contained in the report, obtained from third- party sources are assumed to be reliable and have not been independently verified. 12. Any income and expense estimates contained in the appraisal report are used only for the purpose of estimating value and do not constitute predictions of future operating results. 13. If the property is subject to one or more leases, any estimate of residual value contained in the appraisal may be particularly affected by significant changes in the condition of the economy, of the real estate industry, or of the appraised property at the time these leases expire or otherwise terminate. 14. No consideration has been given to personal property located on the premises or to the cost of moving or relocating such personal property; only the real property has been considered. 15. The current purchasing power of the dollar is the basis for the value stated in our appraisal; we have assumed that no extreme fluctuations in economic cycles will occur. 16. The value found herein is subject to these and to any other assumptions or conditions set forth in the body of this report but which may have been omitted from this list of Assumptions and Limiting Conditions. RED MAPLE SWAMP AND WINCHESTER HEAD ASSUMPTIONS AND LIMITING CONDITIONS Page 65 17. The analyses contained in the report necessarily incorporate numerous estimates and assumptions regarding property performance, general and local business and economic conditions, the absence of material changes in the competitive environment and other matters. Some estimates or assumptions, however, inevitably will not materialize, and unanticipated events and circumstances may occur; therefore, actual results achieved during the period covered by our analysis will vary from our estimates, and the variations may be material. 18. The Americans with Disabilities Act (ADA) became effective January 26, 1992. We have not made a specific survey or analysis of any property to determine whether the physical aspects of the improvements meet the ADA accessibility guidelines. In as much as compliance matches each owner’s financial ability with the cost to cure the non-conforming physical characteristics of a property, we cannot comment on compliance to ADA. Given that compliance can change with each owner’s financial ability to cure non-accessibility, the value of the subject does not consider possible non-compliance. A specific study of both the owner’s financial ability and the cost to cure any deficiencies would be needed for the Department of Justice to determine compliance. 19. The appraisal report is prepared for the exclusive benefit of the Client, its subsidiaries and/or affiliates. It may not be used or relied upon by any other party. All parties who use or rely upon any information in the report without our written consent do so at their own risk. 20. No studies have been provided to us indicating the presence or absence of hazardous materials on the subject property or in the improvements, and our valuation is predicated upon the assumption that the subject property is free and clear of any environment hazards including, without limitation, hazardous wastes, toxic substances and mold. No representations or warranties are made regarding the environmental condition of the subject property and the person signing the report shall not be responsible for any such environmental conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because we are not experts in the field of environmental conditions, the appraisal report cannot be considered as an environmental assessment of the subject property. 21. The person signing the report may have reviewed available flood maps and may have noted in the appraisal report whether the subject property is located in an identified Special Flood Hazard Area. We are not qualified to detect such areas and therefore do not guarantee such determinations. The presence of flood plain areas and/or wetlands may affect the value of the property, and the value conclusion is predicated on the assumption that wetlands are non-existent or minimal. 22. RKL Appraisal and Consulting, PLC is not a building or environmental inspector. RKL Appraisal and Consulting, PLC does not guarantee that the subject property is free of defects or environmental problems. Mold may be present in the subject property and a professional inspection is recommended. RED MAPLE SWAMP AND WINCHESTER HEAD ASSUMPTIONS AND LIMITING CONDITIONS Page 66 23. The appraisal report and value conclusion for an appraisal assumes the satisfactory completion of construction, repairs or alterations in a workmanlike manner. 24. The intended use of the appraisal is stated in the General Information section of the report. The use of the appraisal report by anyone other than the Client is prohibited except as otherwise provided. Accordingly, the appraisal report is addressed to and shall be solely for the Client’s use and benefit unless we provide our prior written consent. We expressly reserve the unrestricted right to withhold our consent to your disclosure of the appraisal report (or any part thereof including, without limitation, conclusions of value and our identity), to any third parties. Stated again for clarification, unless our prior written consent is obtained, no third party may rely on the appraisal report (even if their reliance was foreseeable). 25. All prospective value estimates presented in this report are estimates and forecasts which are prospective in nature and are subject to considerable risk and uncertainty. In addition to the contingencies noted in the preceding paragraph, several events may occur that could substantially alter the outcome of our estimates such as, but not limited to changes in the economy, interest rates, and capitalization rates, behavior of consumers, investors and lenders, fire and other physical destruction, changes in title or conveyances of easements and deed restrictions, etc. It is assumed that conditions reasonably foreseeable at the present time are consistent or similar with the future. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDA - APPRAISER QUALIFICATIONS ADDENDA RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM A - APPRAISER QUALIFICATIONS ADDENDUM A APPRAISER QUALIFICATIONS RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM A - APPRAISER QUALIFICATIONS 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com RKL Appraisal and Consulting, PLC COMPANY PROFILE: RKL Appraisal and Consulting, PLC was founded in 2009 by three designated Members of the Appraisal Institute. It is our mission to maximize our combined appraisal experience to provide our clients with the highest quality of Real Estate Appraisal and Consulting Services. Rachel M. Zucchi, MAI, CCIM K.C. Lowry, MAI, CPA Louis C. Bobbitt, MAI Partner / Managing Director Partner Senior Partner (Retired) rzucchi@rklac.com klowry@rklac.com lbobbitt@rklac.com BUSINESS FOCUS: Practice is focused on community/neighborhood shopping centers, retail and office buildings, industrial warehouse/distribution buildings, residential and commercial condominium and subdivision projects, hotels and motels, vacant land and special purpose properties. Specialized services include appraisal review, business valuations, market feasibility studies, acquisition/disposition counseling, and litigation support in connection with real estate transactions including bankruptcy, eminent domain, estate valuations, and matrimonial and equitable distribution. Clients served include banks and financial institutions, developers and investors, law firms, government, and property owners. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM A - APPRAISER QUALIFICATIONS PROFESSIONAL QUALIFICATIONS OF Rachel M. Zucchi, MAI, CCIM EXPERIENCE: Partner / Managing Director of RKL Appraisal and Consulting, PLC Naples, FL (2009 – Present) President of D&R Realty Group, Inc. Naples, FL (2009 – Present) Senior Real Estate Analyst, Integra Realty Resources – Southwest Florida Naples, FL (2003 – 2009) Research Associate, Integra Realty Resources – Southwest Florida Naples, FL (2002-2003) PROFESSIONAL ACTIVITIES: Member: President: Vice President: Secretary / Treasurer: Region X Representative: Board of Directors: LDAC Attendee: Member: Member: Licensed: Licensed: Appraisal Institute – MAI Certificate Number 451177 Appraisal Institute Florida Gulf Coast Chapter (2020) Appraisal Institute Florida Gulf Coast Chapter (2019) Appraisal Institute Florida Gulf Coast Chapter (2017 / 2018) Appraisal Institute Florida Gulf Coast Chapter (2017 - 2020) Appraisal Institute Florida Gulf Coast Chapter (2015 & 2016) Leadership Development & Advisory Council Appraisal Institute - Washington, D.C. (2016, 2017, 2018) CCIM Institute - CCIM Designation Pin Number 21042 Naples Area Board of REALTORS Florida State Certified General Real Estate Appraiser License No. RZ 2984 Real Estate Broker (Florida) License No. BK3077672 EXPERT WITNESS: Qualified as an expert witness in the Twentieth Judicial Circuit Court of Collier County and Lee County EDUCATION: Bachelor of Arts Major in Economics Florida Gulf Coast University, 2002 Graduated Magna Cum Laude Honor Society, Key Club, Phi Eta Sigma Presented at Eastern Economic Association Conference Successfully completed real estate and valuation courses and seminars sponsored by the Appraisal Institute and others. BUSINESS FOCUS: Actively engaged in real estate valuation and consulting since 2003. Practice is focused on community/neighborhood shopping centers, retail and office buildings, industrial warehouse/distribution, multi-family and single family subdivisions, condominium developments, hotels/motels, vacant land and special purpose properties. Specialized services include market feasibility studies and litigation support in connection with real estate transactions. Clients served include banks and financial institutions, developers and investors, law firms, government, and property owners. Valuations have been performed for eminent domain, bankruptcy, estate, matrimonial/equitable distribution, financing, and due diligence support. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM A - APPRAISER QUALIFICATIONS RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM B - PROPERTY INFORMATION ADDENDUM B PROPERTY INFORMATION Board of County Commissioners Conservation Collier Property Summary Red Maple swamp Multi-parcel Project Cycle 9 April 24, 2018 1 Updated 4/13/18 CCLAAC Recommendation: A List – To be funded out of offsite preservation donations Parcel Name: Red Maple Swamp Multi-parcel Project Target Protection Area: NGGE Acreage Remaining to Acquire: 98 Total Approximate Remaining Assessed Value: $344,960 Total Estimated Remaining Market Value: $813,670 This is a Cycle 8 Board “A” ranked project Parcels currently in acquisition process using donation funding: Parcel Folio Acres Estimated Cost Celsnak 39492560006 2.73 $15,698 Romak 39493520003 1.14 $6,555 Thurston 39493520003 1.14 $6,555 Totals 5.01 $28,808 Highlights:  Location: The Red Maple Swamp Preserve aka NGGE Unit 53, is a small undeveloped NGGE Unit located west of Immokalee Road near the County fairgrounds.  How many of the 6 Initial Screening Criteria were met? 5 out of 6 criteria were met. This project is on the edge of but not within the Florida Forever mapped CREW project lands.  Habitat: 50% mixed wetland hardwoods, 30% mixed wetland hardwood-shrubs, and 10% cypress. Observations are of a native plant community of mixed wetland hardwoods over most of the project area, and in the old farm field area the canopy is primarily red maple with secondary dominance by cypress, which is persisting despite increasing invasion by exotic plant species now at approx. 35-40% throughout with dense areas of old world climbing fern recently found.  Listed Plants: Bromeliads, royal fern, native orchids. Many wetland dependent plant species seen here.  Listed Wildlife: Wood stork, little blue heron, panther (telemetry). Within FWC priority 1 panther habitat. Potential listed species include Everglades snail kite and Florida bonneted bats, and wading bird species. Non-listed species include deer, bear, and birds.  Water Resource Values: This project is entirely wetlands, supports wetland dependent species, is mapped to have high Surficial Aquifer System recharge, and can be expected to hold flood waters.  Connectivity: Red Maple Swamp is connected on its north and west sides with the 60,000 acre Florida Forever Corkscrew Regional Ecosystem Watershed (CREW) Project, which includes Corkscrew Marsh, Bird Rookery Swamp, Flint Pen Strand and Audubon’s Corkscrew Swamp Sanctuary. Through them, Red Maple Swamp connects with the Pepper Ranch and Caracara Board of County Commissioners Conservation Collier Property Summary Red Maple swamp Multi-parcel Project Cycle 9 April 24, 2018 2 Updated 4/13/18 Prairie Preserves, private mitigation lands and lands protected under the County’s Rural Lands Stewardship Program  Other Division Interest? None known.  Access: The project can be accessed by two unpaved public lime rock roads – Shady Hollow Blvd, W (maintained up to Bird Rookery Swamp entrance) and 41st Ave NW (unmaintained).  Management Issues / Estimated Costs: Exotics are the primary management issue. Currently, 53 acres on the western side and 4 donation parcels are under active management with another 40 acres coming under management shortly. Current costs are approx. $9,600/year. A portion of funding for management comes from donated management funds. Estimated initial costs for remaining parcels is $44,630 with estimated annual maintenance of $44,630 for some time.  Partnership Opportunities: There may be potential to partner with State land managers for expanding trail opportunities.  Zoning/Overlays: Parcels are all zones Estates with no zoning overlays.  Surrounding land uses: Conservation, residential single-family Estates.  All Criteria Score: 225 out of 400. Bird Rookery Swamp Trails Board of County Commissioners Conservation Collier Property Summary Winchester Head multi-parcel Project Cycle 9 April 24, 2018 1 Updated 4/13/18 CCLAAC Recommendation: A List – To be funded out of offsite preservation donations Parcel Name: Winchester Head multi-parcel Project Target Protection Area: NGGE Acreage Remaining to acquire: 77.4 Total Approximate Assessed Value: $525,412 Total Estimated Market Value: $967,500 This is a Cycle 8 Board “A” ranked project Parcels currently in acquisition process using donation funding: Parcel Folio Acres Estimated Cost Mejia 39955400001 1.14 acres $14,250 Smith 39958080004 1.14 acres $14,250 Wallace 39959720004 1.14 acres $14,250 Ebanks 39959800005 1.14 acres $14,250 Bueno-Costa 39957760008 2.73 acres $34,000 Totals 7.29 acres $91,000 Highlights:  Location: Located just east of Everglades Blvd. And north of Oil Well Road, within NGGE Units 62 and 65.  How many of the 6 Initial Screening Criteria were met? This project meets 5 out of 6 criteria, though connectivity is marginal through undeveloped landscape connections with rural lands to the east. This area is not within another agency’s acquisition boundary, though the Collier Soil and Water Conservation District owns 2 parcels (2.28 acres) within Winchester Head.  Habitat: Cypress, Freshwater wetland, mixed wetland hardwoods, Cypress-pine-cabbage palm (at edges). This is a roughly 200-acre cypress depressional wetland feature that is invaded by exotics at its edges and along roads, but is relatively clean in the interior.  Listed Plants: Listed bromeliads and royal fern seen. Many wetland dependent plant species here.  Listed Wildlife: Swallow-tailed kite, bald eagle, Florida panther (telemetry). Other wildlife seen includes bird species. Wildlife documented includes 11 frog species, Florida black bear and alligators.  Water Resource Values: This site is entirely wetlands providing habitat for wetland dependent species, it contributes to the Surficial Aquifer System, and holds flood waters away from surrounding residential properties. It is within the proposed North Golden Gate Flowway Restoration Project noted in the 2011 County Watershed Management Plan. Board of County Commissioners Conservation Collier Property Summary Winchester Head multi-parcel Project Cycle 9 April 24, 2018 2 Updated 4/13/18  Connectivity: The property is not immediately contiguous to conservation land. Parcels in between it and the Florida Panther National Wildlife Refuge – which is southeast of the property – are currently undeveloped.  Other Division Interest? Capital Planning has interest in the site remaining undeveloped to serve as part of a flowway restoration project (see inset map from the 2011 County Watershed Management Plan).  Access: The area can be easily accessed along paved public roads (37th and 39th Ave NE. A 1.14- acre upland lot donated to Conservation Collier in 2016 at the southwest edge of the project can provide parking. Access to interior areas would require a boardwalk.  Management Issues / Estimated Costs: Current management costs are approx. $10,400 annually. A significant portion of that is paid for with donation management funding. Estimated remaining initial exotics costs once all parcels have been acquired is approx. $33,100, with annual estimated management costs of $21,500 annually.  Partnership Opportunities: There may be potential for partnering with the Collier Soil and Water Conservation District, as they have conservation interests within the project.  Zoning/Overlays: Parcels are all zoned Estates with no zoning overlays.  Surrounding land uses: Rural single family residential.  All Criteria Score: 261 out of 400. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ADDENDUM C COMPARABLE DATA RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5774 Date 4/20/2021 Address 4140 Wilson Blvd N Price $55,000 City Naples Price per Acre $23,504 State Florida Financing Cash to seller Tax ID 38602520002 Property Rights Fee Simple Grantor James Spano Days on Market 13 days Grantee Glenda S. and Brooke Beardsley co-trustees Verification Source Robert Spano; Premiere Plus Realty Co Legal Description Acres 2.34 Utilities Well, Septic Land SF 102,000 Topography Treed Road Frontage 150 Zoning Residential Depth 680 Zoning Type E - Estates Shape Rectangular Environmental Issues 96% Wetlands Land Comparable 1 - Red Maple Swamp Transaction Golden Gate Estates Unit No. 38, North 150' of Tract 30 Site Comments 150' x 680' heavily treed lot located east side of Wilson Blvd N. January 2021 Informal Wetland Determination identified 2.24 acres (96%) wetlands. The Wilson Blvd N. ROW easement is the only uplands. Listed in March 2021 for $75,000. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5775 Date 5/19/2021 Address 37th Ave NE Price $50,000 City Naples Price per Acre $22,026 State Florida Financing Cash to seller Tax ID 38505320008 Property Rights Fee Simple Grantor Mark Jacob Harms Days on Market 4 days Grantee Reneecole Homes, LLC Verification Source Richard Paganes; Equity RealtyLegal Description Acres 2.27 Utilities Well, Septic Land SF 99,000 Topography Treed Road Frontage 150 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 98% Wetlands Transaction Golden Gate Estates Unit No. 36, East 150' of Tract 69 Site Comments 150' x 660' heavily treed lot located along south side of 37th Ave NE. Listing agent, Richard Paganes, confirmed the lot was 98% wetlands. The only upland was along the 37th Ave NE ROW. Lot was purchased 9/29/2020 for $31,000 and relisted in April 2021 for $49,999. Land Comparable 2 RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5776 Date 6/17/2021 Address 41st Ave NW Price $63,000 City Naples Price per Acre $20,792 State Florida Financing Cash to seller Tax ID 39540280005 Property Rights Fee Simple Grantor Christina McCollum Days on Market 82 days Grantee JLG Properties LLC Verification Source Lynda Woods; MVP Realty Associates LLC Legal Description Acres 3.03 Utilities Well, Septic Land SF 132,000 Topography Treed Road Frontage 200 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 45% Wetlands and 40% Comments 200' x 660' heavily treed lot located at northwest corner of 41st Ave NW and 9th ST NW. Lot is located on the edge of the Red Maple Swamp. Nov. 16, 2020 Informal Wetland Determination identified 1.36 acres (45%) of the site as wetlands. The eastern 80' or approximately 40% of the lot is encumbered by a drainage canal easement. The uplands consists of the front approximately 50-55' and a 40-50' strip between the canal and wetlands. Lot was purchased 12/3/2020 for $42,000 and re-listed for $79,995 in 2/21. The asking price was reduced to $69,000 in 5/21. According to the seller, Christina McCollum, she started the permitting process in Nov. 2020 and paid approximately $3,850 for the permit and proposed site plan. The permit was approved prior to sale. Christina estimated the cost of mitigation at approximately $30,000 for a 2,000 SF single family home. Land Comparable 3 Transaction Golden Gate Estates Unit No. 53A, East 200' of Tract 48 Site RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5777 Date 4/23/2021 Address 41st Ave NW Price $99,000 City Naples Price per Acre $19,800 State Florida Financing Cash to seller Tax ID 39442000008 Property Rights Fee Simple Grantor Yanan Farms II, LLC Days on Market 7 days Grantee Dong Van Nguyen and Hue Bach Thi Chau Verification Source Laura Brown; John R Wood Properties Legal Description Acres 5.00 Utilities Well, Septic Land SF 217,800 Topography Treed Road Frontage 330 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Majority Wetlands Land Comparable 4 Transaction Golden Gate Estates Unit No. 52, Tract 25 Site Comments 330' x 660' heavily treed lot located along south side of 41st Ave NW. Collier Environmental Consultants reported jurisdictional wetlands present on the site as of 8/25/17. The exact amount was not known; but it appears to be the majority of the site. Lot was listed in 3/21 for $99,000 RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5778 Date 4/8/2021 Address 37th Ave NW Price $90,000 City Naples Price per Acre $17,208 State Florida Financing Cash to seller Tax ID 38550600100 + Property Rights Fee Simple Grantor Jonateco Investments, LLC Days on Market 8 days Grantee Adriana Diaz de la Rocha as Trustee Verification Source Richard Paganes; Equity Realty Legal Description Acres 5.23 Utilities Well, Septic Land SF 227,700 Topography Treed Road Frontage 345 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 98% Wetlands Transaction Golden Gate Estates Unit No. 37, West 180' of Tract 22 and East 165' of Tract 11 Site Comments Two adjacent parcels with a total of 345' x 660' heavily treed lots located along north side of 37th Ave NW (gravel road). Listing agent, Richard Paganes, confirmed the lot was 98% wetlands. The only upland was along the 37th Ave NW ROW. Lots were listed for $89,999 on 2/25/21. Land Comparable 5 RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5779 Date 4/30/2021 Address 41st Ave NW Price $36,000 City Naples Price per Acre $13,187 State Florida Financing Cash to seller Tax ID 39440840008 Property Rights Fee Simple Grantor Nancy Magee, Shirley McKenzie, Toni McKenzie & Linda Neal Days on Market 5-6 months Grantee Horvath & Bromley LLC Verification Source Jim Brown; Coldwell Banker Legal Description Acres 2.73 Utilities Well, Septic Land SF 118,800 Topography Treed Road Frontage 180 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Majority Wetlands Comments 180' x 660' heavily treed lot located along north side of 41st Ave NW. Listing agent reported wetlands were present. The exact amount was not known; but it appears to be the majority of the site. Lot was listed in 7/2020 for $65,000 and reduced to $45,000 in October 2020. Land Comparable 6 Transaction Golden Gate Estates Unit No. 52, W 180' of Tract 14 Site RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5761 Date 6/7/2021 Address 39th Ave NE Price $35,000 City Naples Price per Acre $30,702 State Florida Financing Cash to seller Tax ID 39961760007 Property Rights Fee Simple Grantor J. Antonio and Leticia Sandoval Days on Market 4 years Grantee San Rafael, LLC Verification Source Javier Canizares; Xclusive Homes LLC Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 100% Wetlands Golden Gate Estates Unit No. 65, East 75' of West 150' of Tract 95 Comments 75' x 660' heavily treed lot located along south side of 39th Avenue NE. April 2019 Informal Wetland Determination identified the site as 100% wetlands. Outer edge of Winchester Head. Listed in April 2017 for $34,900 and increased in Jan 2020 to $39,900. Transaction Site Land Comparable 1 - Winchester Head RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5762 Date 3/5/2021 Address 3531 37th Ave NE Price $15,000 City Naples Price per Acre $13,158 State Florida Financing Cash to seller Tax ID 39958000000 Property Rights Fee Simple Grantor Irene R Stevens Days on Market 54 days Grantee J & D Invest LLC Verification Source Justin Jordan; Keller Wiliams Elite Realty Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 100% Wetlands Golden Gate Estates Unit No. 65, West 75' of East 150' of Tract 67 Comments Site Transaction Land Comparable 2 75' x 660' heavily treed lot located along north side of 37th Avenue NE. Central portion of Winchester Head. Listed in Dec. 2020 for $27,500 and reduced to $19,900 on 1/28/21. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5764 Date 3/19/2021 Address 3247 35th Ave NE Price $27,000 City Naples Price per Acre $23,684 State Florida Financing Cash to seller Tax ID 39952080000 Property Rights Fee Simple Grantor Javier Andres Betancourt Days on Market 11 days Grantee Jose Norberto Madueno Verification Source Lisset Franco; EXP Realty LLC Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 88% Wetlands Golden Gate Estates Unit No. 65, East 75' of Tract 21 Land Comparable 3 75' x 660' heavily treed lot located along north side of 35th Avenue NE. September 2017 Informal Wetland Determination identified the site as 88% wetlands. The 0.14 acre upland area is located approximately 150' from the road adjacent to the neighboring home. Listed in Feb. 2021 for $29,000. Site Comments Transaction RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5765 Date 4/5/2021 Address 2780 52nd Ave NE Price $40,000 City Naples Price per Acre $14,668 State Florida Financing Cash to seller Tax ID 38968080008 Property Rights Fee Simple Grantor Daniel Brunet Days on Market 4 years Grantee Juan Sanmartin Verification Source Ayli Medina; MVP Realty Associates Legal Description Acres 2.73 Utilities Well, Septic Land SF 118,800 Topography Treed Road Frontage 180 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Majority Wetlands Golden Gate Estates Unit No. 44, East 180' of Tract 78 Transaction Land Comparable 4 Site Comments 180' x 660' heavily treed lot located along south side of 52nd Avenue NE. FL DEP Wetland Determination dated May 2003 indicates the site is majority wetlands. Listed in Feb. 2017 for $52,000 and decreased in July 2018 to $42,000. Seller provided 10% concession. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5766 Date 2/26/2021 Address 50th Ave NE Price $38,500 City Naples Price per Acre $15,400 State Florida Financing Cash to seller Tax ID 38966520104 Property Rights Fee Simple Grantor Sabitri Rambarran Days on Market 6-7 months Grantee Swfproperties 1, LLC Verification Source Angelo Sottosanti; Coldwell Banker Realty Legal Description Acres 2.50 Utilities Well, Septic Land SF 108,900 Topography Treed Road Frontage 165 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 64% Wetlands Golden Gate Estates Unit No. 44, East 1/2 of Tract 64 165' x 660' heavily treed lot located along south side of 52th Avenue NE. Informal Wetland Determination dated 6/5/2020 identified 1.60 acres (64%) wetlands. The uplands are largely located in the back of the lot. Listed in June 2020 for $55,000 and reduced to $44,000 in Oct. 2020. Comments Site Transaction Land Comparable 5 RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5767 Date 3/16/2021 Address 2825 64th Ave NE Price $24,900 City Naples Price per Acre $21,842 State Florida Financing Cash to seller Tax ID 38847600004 Property Rights Fee Simple Grantor Rolando Ribera Suarez Days on Market 24 days Grantee Bonet Homes Corp Verification Source Daneya Eid; Premier Living Real Estate Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Majority Wetlands Golden Gate Estates Unit No. 42, East 75' of West 180' of Tract 88 Land Comparable 6 Transaction Site Comments 75' x 660' heavily treed lot located along north side of 64th Avenue NE. No Wetland Determination available. Located at the eastern edge of the Horsepen Strand. According to the FL DEP Wetland overlay map it appears the majority of the parcel is wetlands. Potential uplands near the front of the site. Listed in Feb 2021 for $24,900. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5768 Date 4/6/2021 Address 3647 39th Ave NE Price $35,000 City Naples Price per Acre $30,702 State Florida Financing Cash to seller Tax ID 39959880009 Property Rights Fee Simple Grantor Oliverio Rodriguez Days on Market 19 days Grantee Aurora14, LLC Verification Source Zahilys Batista Ferrer; Xclusive Homes LLC Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 54% Wetlands Golden Gate Estates Unit No. 65, East 75' of Tract 81 Land Comparable 7 Transaction Comments 75' x 660' heavily treed lot located along north side of 39th Avenue NE. Dec 2019 Informal Wetland Determination identified 0.61 acres (54%) wetlands. The uplands are located in the back of the site. Outer edge of Winchester Head. Lot was listed in March 2021 for $49,900. Site RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5769 Date 3/26/2021 Address 39th Ave NE Price $25,000 City Naples Price per Acre $21,930 State Florida Financing Cash to seller Tax ID 39961640004 Property Rights Fee Simple Grantor Brihaschand and Sursatti Mohabir Days on Market 3 days Grantee Brangus Cattle, LLC Verification Source James Killian; Fathom Realty FL LLC Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Majority Wetlands Golden Gate Estates Unit No. 65, West 75' of Tract 95 75' x 660' heavily treed lot located along south side of 39th Avenue NE. Adjacent lot to east has Informal Wetland Determination showing100% wetlands. Lot appears to be 100% wetllands. Outer edge of Winchester Head. Listed in March 2021 for $29,900. Land Comparable 8 Transaction Site Comments RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5768 Date 4/6/2021 Address 3647 39th Ave NE Price $35,000 City Naples Price per Acre $30,702 State Florida Financing Cash to seller Tax ID 39959880009 Property Rights Fee Simple Grantor Oliverio Rodriguez Days on Market 19 days Grantee Aurora14, LLC Verification Source Zahilys Batista Ferrer; Xclusive Homes LLC Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 54% Wetlands Land Comparable 1 - Winchester Head Transaction Golden Gate Estates Unit No. 65, East 75' of Tract 81 Site Comments 75' x 660' heavily treed lot located along north side of 39th Avenue NE. Dec 2019 Informal Wetland Determination identified 0.61 acres (54%) wetlands. The uplands are located in the back of the site. Outer edge of Winchester Head. Lot was listed in March 2021 for $49,900. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5770 Date 6/1/2021 Address 3867 60th Ave NE Price $115,713 City Naples Price per Acre $40,192 State Florida Financing Cash to seller Tax ID 38720720001 Property Rights Fee Simple Grantor Brandon Hance Days on Market 2 days Grantee Andrew and Donna Ciosek and Kevin Ciosek Verification Source Lynette Schwab; Schwab Real Estate Legal Description Acres 2.88 Utilities Well, Septic Land SF 125,400 Topography Cleared Road Frontage 190 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 0% Wetlands Transaction Golden Gate Estates Unit No. 40, West 190' of Tract 11 Site Comments 190' x 660' cleared lot located along north side of 60th Ave NE. Informal Wetland Determination dated 2/27/2020 shows 0 wetlands. Lot was purchsed on 3/11/2020 for $54,500 and relisted 4/27/21 for $115,713. Land Comparable 2 RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5771 Date 5/6/2021 Address 2439 43rd Ave NE Price $89,900 City Naples Price per Acre $39,604 State Florida Financing Cash to seller Tax ID 39831720009 Property Rights Fee Simple Grantor Unity Development Investments, LLC Days on Market 2 days Grantee Felix Sosa Verification Source Moe Mossa; Savvy Avenue Legal Description Acres 2.27 Utilities Well, Septic Land SF 99,000 Topography Cleared Road Frontage 150 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 0% Wetlands Comments 150' x 660' cleared lot located along north side of 43rd Ave NE. No reported wetlands. Lot was purchased 3/9/2021 along with another 2.27 acre lot for $105,000. Listed for $89,900 on 4/10/21. Land Comparable 3 Transaction Golden Gate Estates Unit No. 63, East 150' of Tract 20 Site RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5772 Date 4/2/2021 Address 3740 37th Ave NE Price $70,500 City Naples Price per Acre $61,842 State Florida Financing Cash to seller Tax ID 39962480001 Property Rights Fee Simple Grantor Thin Han Days on Market 26 days Grantee Yadiel Gomez Ulloa Verification Source Jeff Kohn; Premiere Plus Realty Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 0% Wetlands Land Comparable 4 Transaction Golden Gate Estates Unit No. 63, East 75' of East 150' Tract 100 Site Comments 75' x 660' heavily treed lot located along south side of 37th Ave NE. No reported wetlands. Listed 1/9/21 for $70,000. RED MAPLE SWAMP AND WINCHESTER HEAD ADDENDUM C - COMPARABLE DATA ID 5773 Date 3/22/2021 Address 2395 45th Ave NE Price $82,500 City Naples Price per Acre $51,887 State Florida Financing Cash to seller Tax ID 39830560008 Property Rights Fee Simple Grantor Audi Homes & Land, Inc Days on Market 10 days Grantee Jegatheswary Sivaraj Verification Source Angel Madera; Premiere Plus Realty Legal Description Acres 1.59 Utilities Well, Septic Land SF 69,300 Topography Cleared Road Frontage 105 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 0% Wetlands Transaction Golden Gate Estates Unit No. 63, East 105' of Tract 11 Site Comments 105' x 660' cleared lot located along north side of 45th Ave NE. Informal Wetland Determination dated 8/27/2020 shows 0 wetlands. Lot listed 2/11/21 for $84,900. Land Comparable 5 Collier County Project #60198 Veterans Memorial Boulevard Extension FDOT PD&E Coordination Meeting June 10, 2021 Bee Thao, Sr. Project Manager 1 Livingston RoadPhase 2 Phase 1 Veteran’s Memorial Boulevard Begin End NLandmark GGG High School Imperial Mediterra Secoya VME 60198 -Veterans Memorial Boulevard Extension 2 Veterans Memorial Boulevard Extension Veterans Memorial Boulevard –Phase I 4 Phase 1: Design-Build -east entrance of GGG High School site to east of Livingston Rd 60198 -Veterans Memorial Boulevard Extension Veterans Memorial Boulevard –Phase I Project Schedule/Status Design-Build NTP:11/19/2020 •Percent Work Completed:32.71% (05/31/2021) Access Rd. to High School:06/2021 Estimated Completion:06/2023 Public Involvement/Noise Wall (Imperial Golf Estates) •Imperial Golf Estates HOA challenged AIM’s Noise Analysis •Hired a Lawyer •In the process of conducting an independent Noise Analysis •Once Noise Analysis is completed, will meet with HOA to go over the result 8 -Other Considerations - 60198 -Veterans Memorial Boulevard Extension Veterans Memorial Boulevard –Phase 2 9 Phase 2 -4 to 6-lane urban divided: US 41 to East Entrance of GGG High School Site 60198 -Veterans Memorial Boulevard Extension Veterans Memorial Boulevard –Phase II Roadway Classification: Variable Divided Urban Arterial •US 41 to Old 41 Rd. (per Draft FDOT PD&E): 6-Lane Roadway •Old 41 Rd. to High School GGG: 4-Lane Roadway Roadway Features (Asphalt Pavement, Traffic Signals, Concrete Sidewalks, On-Street Bike Lanes, and Stormwater Pond) Right-of-Way Acquisition:TBD Noise Abatement Study:January 17, 2020 •Landmark of Naples met Noise Mitigation requirements FDEP (USACE) Permit:TBD SFWMD Permit:TBD •Gopher Tortoise relocation 10 60198 -Veterans Memorial Boulevard Extension Project Overview: Veterans Memorial Boulevard –Phase II: Project Schedule/Status Anticipated Design NTP: Spring 2022 Anticipated Design 100% Plan: Summer 2023 Anticipated Construction NTP: Winter 2023 Anticipated Final Completion: Summer 2025 Final Configuration of the US 41 to Old 41 Road Segment •US 41/VMB Intersection •Old 41 Rd./VMB Intersection Permitting Right-Of-Way Funding 12 -Other Considerations - 60198 -Veterans Memorial Boulevard Extension Conservation Collier Initial Criteria Screening Report Updated from 2009 & 2018 reports Staff Report Date: July 2021 Property Name: Barron Collier Partnership, LLLP Area 1 – 235 Acres Area II – 799.4 acres Total = 1034.4 acres Areas offered comprise portions of folio numbers: 00113760004 00113840005 00113880007 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 2 of 62 Contents Introduction ......................................................................................................................... 4 I. Summary of Property Information ................................................................................. 5 Table 1. Summary of Property Information ................................................................... 6 Figure 1. Location Map.................................................................................................. 6 Figure 2. Aerial Map ...................................................................................................... 7 Figure 3. Surrounding Lands Aerial .............................................................................. 8 Summary of Assessed Value and Property Costs Estimates .............................................. 9 II. Statement for satisfying Initial Screening Criteria, Including Biological and Hydrological Characteristics ............................................................................................. 10 Figure 4. Topographic map (http://www.digital-topo-maps.com/) .............................. 14 Figure 5. Collier County drainage sub-basin map ........................................................ 14 Figure 6. 2016 Revised watershed basin around Lake Trafford. .................................. 15 III. Potential for Appropriate Use and Recommended Site Improvements ..................... 20 IV. Assessment of Management Needs and Costs........................................................... 21 Table 2. Summary of Estimated Management Needs and Costs ................................. 22 V. Potential for Matching Funds ...................................................................................... 23 VI. Summary of Secondary Screening Criteria ............................................................... 24 Table 3. Tabulation of Secondary Screening Criteria .................................................. 24 Figure 7. Secondary Screening Criteria Scoring.......................................................... 24 VII. Staff Comments, Recommendations, and Conditions ............................................... 27 The Advisory Committee and Board of County Commissioners should take into consideration the existing SSA #13 which has credits in escrow. ................................ 27 VIII. EXHIBITS ............................................................................................................... 28 Exhibit A. FLUCFCS Map .......................................................................................... 28 Exhibit B. Soils Map .................................................................................................... 29 Exhibit C. Wellfield protection and Aquifer Recharge Maps ...................................... 30 Exhibit D. Zoning Map ................................................................................................ 31 Exhibit E. Historical Aerials – 2017 and 1940 (Source: Property Appraiser) ............. 32 Exhibit F. Flood Zone Map .......................................................................................... 33 Exhibit G. LIDAR Map ............................................................................................... 34 Exhibit H. Surface Water Priorities CLIP4 Map .......................................................... 35 Exhibit I. Landscape Integrity CLIP4 Map .................................................................. 36 Exhibit J. Priority Natural Communities CLIP4 Map .................................................. 37 Exhibit K. Biodiversity CLIP4 Map ............................................................................ 38 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 3 of 62 Exhibit L. Potential Habitat Richness CLIP4 Map ....................................................... 39 Exhibit M. Strategic Habitat Conservation Areas CLIP4 Map ..................................... 40 Exhibit N. Aggregated Conservation Priorities CLIP4 Map ....................................... 41 Exhibit O. USFWS Listed Species Consultation and Focal Areas .............................. 42 Exhibit P. Oil and Gas Map .......................................................................................... 43 Exhibit Q. 2018 Conservation Collier Active Acquisition List .................................... 44 Exhibit R. Completed and Scored Secondary Criteria Screening Form- Area 1 ......... 45 Exhibit S. Completed and Scored Secondary Criteria Screening Form- Area 2 .......... 48 Exhibit T. Collier County Rural Lands Stewardship Overlay Land Use Matrix .......... 51 Exhibit U. - Photographs............................................................................................... 52 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 4 of 62 Introduction The Conservation Collier Program (Program) is an environmentally sensitive land acquisition and management program approved by the Collier County Board of County Commissioners (Board) in 2002 and by Collier County Voters in 2002, 2006, and 2020. The Program was active in acquisition between 2003 and 2011, under the terms of the referendum. Between 2011 and 2016, the Program was in management mode. On November 3, 2020, the Collier County electors approved the Conservation Collier Re- establishment referendum with a 76.5% majority. This updated Initial Criteria Screening Report (ICSR) has been prepared for the Conservation Collier Program in its 10th acquisition cycle for purposes of the Conservation Collier Program. It provides an update to the ICSR that was prepared for this property in 2009 and 2018 demonstrating how this property meets the criteria as defined by the ordinance (2002-63, as amended). That is the sole purpose for this report, and it is not meant for any other use. This property was categorized as an “A” List property (Exhibit Q) on July 10, 2018, by the Board of County Commissioners. This report makes use of data layers from the Florida Natural Areas Inventory and University of Florida Critical Lands and Waters Identification Project (CLIP4). CLIP4 is a collection of spatial data that identify statewide priorities for a broad range of natural resources in Florida. It was developed through a collaborative effort between the Florida Areas Natural Inventory (FNAI), the University of Florida GeoPlan Center and Center for Landscape Conservation Planning, and the Florida Fish and Wildlife Conservation Commission (FWC). It is used in the Florida Forever Program to evaluate properties for acquisition. CLIP4 is organized into a set of core natural resource data layers which are representative of 5 resource categories: biodiversity, landscapes, surface water, groundwater and marine. The first 3 categories have also been combined into the Aggregated layer, which identifies 5 priority levels for natural resource conservation. Not all CLIP4 Layers were used in this report. Those used include: • Biodiversity • Surface Water Priorities • Landscape Integrity • Priority Natural Communities • Strategic Habitat Conservation Areas • Aggregated Conservation Priorities Additional updated metrics are FLUCFCS code GIS layers and sources for listed species plants and animals and updated state and federal protected species lists. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 5 of 62 I. Summary of Property Information Characteristic Value Comments Name Barron Collier Partnership LLLP Both Area 1 and Area 2 are south of the Pepper Ranch Preserve A Certificate of Merger recorded at OR 4998 PG 865 merged BCI with Barron Collier Partnership LLLP (BCP LLLP), the current owner. Folio Numbers Parts of 3 separate folios 00113760004 00113840005 00113880007 Portions offered not legally segregated at present Target Protection Area Rural Lands Stewardship Area: Habitat (HSA) Flow- way (FSA) and Open Acreages are approximate: Area 1 (235 acres)-135 acres HSA/ 100 acres Open Area 2 (799.4 acres)-393 acres HSA/ 338 acres FSA Size Area 1 – 235 acres Area 2–799.4 acres The 799.4 acres includes approx. 30 acres over Lake Trafford. These acres are more-or-less and subject to adjustment upon survey. Section Township Range Sections 3,4 &,5 in T47 / R28 Parcels offered are portions within these sections. Zoning Category/TDRs Agriculture SSA #13 over portion of Area II Ag/MHO (RLSA overlay District) SSA #13 (7,414 ac total) covers approx. 730 acres of Area II and none of Area 1 FEMA Flood Map Category AH and AE AH – Area 1 – Subject to periodic inundation AE – Area 2 - Subject to periodic ponding 1-3 feet Existing structures n/a All structures are impermanent or in the nature of debris Adjoining properties and their Uses Conservation, agriculture, vacant land, rural residential N – Pepper Ranch Preserve – rural residential (Trafford Oaks Rd.) E – Lake Trafford S - Agricultural and/or vacant Ag zoned W – Agricultural/vacant Ag zones and Conservation (SFWMD/CREW and Audubon lands) Development Plans Submitted n/a Property currently used for cattle grazing and recreational uses including hunting. Known Property Irregularities Oil, Gas and Mineral Rights; (OGM)/Archeological site; Owner offers to remove exotics at cost. OGM rights over both Areas would be retained by owner - which is not BCP LLLP but an entity with multiple partners; Area II contains a known archeological site. If both Areas 1 and II are acquired, the existing access easement in favor of BCI would be released. If only Area 1 is acquired, the existing easement through Pepper Ranch would be retained; in addition, a new easement through Area 1 to reach Area II would be required by BCP LLLP. Other County Dept Interest Transportation, Utilities, Solid Waste, Parks and Recreation, Environmental Services, Housing, Stormwater, Zoning, Engineering Area 1, but not Area II, would be a potential source for Panther Habitat Unit (PHU) mitigation Credits. No other dept. has advised of conflicts or partnership interest, in general or for PHUs. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 6 of 62 Table 1. Summary of Property Information Figure 1. Location Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 7 of 62 Figure 2. Aerial Map Total acreage = 1,034.4 acres in application The property owner has advised that the property map depiction is conceptual in nature to the rough location and configuration. The owner has advised that the following approximate acreages are being offered for sale: half of Section 3 (301.3 ac) excluding the lake; all of Section 4 (621.4 ac), and 1/8 of Section 05 (78.8 ac). The acreage included in the Assessed Value (pg. 9) is 1,001 acres to exclude the acreage over the lake. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 8 of 62 Figure 3. Surrounding Lands Aerial Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 9 of 62 Summary of Assessed Value and Property Costs Estimates The interest being appraised is fee simple “ as is “ for the purchase of the site(s). A value of the parcel was estimated using only one of the three traditional approaches to value, the sales comparison approach. Each is based on the principal of substitution that an informed purchaser would pay no more for the rights in acquiring a particular real property than the cost of acquiring, without undue delay, an equally desirable one. Three properties were selected for comparison, each with similar site characteristics, utility availability, zoning classification and road access. No inspection was made of the property or comparables used in this report and the Real Estate Services Department staff relied upon information solely provided by program staff. The valuation conclusions are limited only by the reported assumptions and conditions that no other known or unknown adverse conditions exist. Pursuant to the Conservation Collier Purchase Policy, two appraisals are required. Estimated Assessed Value: * Folio Acreage Assessed Value Area 1 257.3 $656,344 Area 2 744.2 $1,898,372 Total 1001.5 $2,554,716 *Assessed values have been estimated using the average of the values of the parent parcels, as both Area 1 and Area 2 are not segregated out yet and comprise portions of all three parent parcels. The average per acre value used is $2,550.89 per acre. The Assessed Value is based off of the current use of the property. Estimated Market Value: ** “ESTIMATED MARKET VALUE” IS SOLELY AN ESTIMATE OF VALUE AND SHOULD NOT BE RELIED UPON BY ANY ENTITY. Folio Acreage Estimated Value Range Area 1 257.3 $3,683,700 Area 2 744.2 $1,116,300 Total 1001.5 $4,807,200 The Estimated Market Value was based on the entire acreage at $4,800 per acre. * Property Appraiser’s Website ** Collier County Real Estate Services Department Zoning, Growth Management and Conservation Overlays Zoning, growth management and conservation overlays will affect the value of a parcel. Area 1 is zoned Agricultural with a Mobile Home Overlay and is within the Rural Lands Stewardship Area Overlay. Area 2 is zoned Agricultural with a Mobile Home Overlay and is part of a 7,414-acre Stewardship Sending Area #13 Overlay. Designation of the property provided the owner 27,515.3 Stewardship Credits, of which 6,599.2 are given for restoration and only when stewardship success criteria are met. No restoration credits have been sought yet. In total, the stewardship credits will entitle 3,439.4 acres for development within the Rural Lands Stewardship Area District. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 10 of 62 II. Statement for satisfying Initial Screening Criteria, Including Biological and Hydrological Characteristics Collier County Conservation Collier Program staff originally conducted site visits to this property on March 18 and 27, 2009; and February 5, 2018. During Cycle 10 staff conducted a site visit on April 29, 2021. MEETS INITIAL SCREENING CRITERIA Met 6 out of 6 Are any of the following unique and endangered plant communities found on the property? Order of preference as follows: Ord. 2002-63, Sec. 10 (1)(a) Yes Area 1 Hardwood hammocks Yes Xeric oak scrub No Coastal strand No Native beach No Xeric pine No Riverine Oak No High marsh (saline) No Tidal freshwater marsh No Other native habitats Yes – Upland hardwood forests, cabbage palm, mixed hardwoods/conifers, mixed wetland hardwoods, and cypress Area 2 Hardwood hammocks Yes - dominant Xeric oak scrub No Coastal strand No Native beach No Xeric pine No Riverine Oak No High marsh (saline) No Tidal freshwater marsh No Other native habitats Yes – cabbage palm, mixed hardwoods/conifers, mixed wetland hardwoods, cypress, emergent aquatic vegetation, and freshwater marshes Vegetative Communities: Staff typically uses two methods to determine native plant communities present: review of South Florida Water Management District (SFWMD) electronic mapping data for Department of Transportation’s Florida Land Use, Cover and Forms (FLUCFCS, 2009) and field verification of same. In the case of both BCP submittals, staff relied upon the SFWMD 2009 map layer data, and field observations made by staff during the October 2017 site visit, with comparison to a FLUCFCS map prepared by Wilson Miller for the owner in 2009. The major difference noted was the emergence of cabbage palm as a larger plant community. FLUCCS: The electronic database identified, in order of dominance: Area 1 4340 – Hardwood – conifer mixed – 81 ac 2110 – Improved pasture – 72 ac 2130 – Woodland pasture – 46 ac 4200 – Upland hardwood forests – 13 ac 4280 – Cabbage palm – 13 ac 6170 – Mixed wetland hardwoods – 5 ac 6216 – Cypress – 5 ac 6172 - Mixed wetland hardwoods-shrubs – 3 ac Area 2 6170 – Mixed wetland hardwoods – 221 ac 6410 – Freshwater wetlands – 199 ac 4280 – Cabbage palm – 107 ac 6440 – Emergent aquatic vegetation – 88 ac 6216 – Cypress – mixed hardwoods – 43 ac 4340 – Hardwood – conifer mixed – 16 ac 6172 - Mixed wetland hardwoods-shrubs – 25 ac 5200 – Lake – 14 ac 2110 – Improved Pasture – 13 ac 6210 – Cypress – 10 ac Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 11 of 62 The following native plant communities were observed, in order of dominance: Area 1 4340 – Hardwood – conifer mixed 2110 – Improved pasture 2130 – Woodland pasture 4280 – Cabbage palm 6170 – Mixed wetland hardwoods Other plant communities were not directly observed. Area 2 6170 – Mixed wetland hardwoods 6410 – Freshwater wetlands 4280 – Cabbage palm 2110 – Improved Pasture Other plant communities were not directly observed. Characterization of Dominant Native Plant Communities present: FLUCFCS Ground cover Midstory Canopy 4340 – Hardwood- conifer mixed Forbs, chain fern, wild coffee, wax myrtle, smilax Wax myrtle, beautyberry, galberry, Live and laurel oak, slash pine, cabbage palm, bay 6170 – Mixed Wetland hardwoods Swamp fern, false nettle, aster, wild coffee, pellitories, yellow cress, forbs Dahoon holly, myrsine, Live and laurel oak, cabbage palm, bay, red maple, pop ash 4280 – Cabbage palm Grasses, poison ivy, vines, wild coffee Myrsine, wax myrtle Cabbage palm, live oak 6410 – Freshwater Wetlands Pickerelweed, arrowhead, alligator flag, Dog fennel None Emergent aquatic vegetation Alligator flag, pickerelweed, pond apple Willow None Statement for satisfaction of criteria: These data indicate that at least 6 native plant communities and more likely 11 exist (excluding improved pasture and lake) on the parcels. Not all habitats were observed directly. Cabbage palms appear to be invading areas where mixed wetland hardwoods used to dominate. At least 5 of the 7 distinct types of native vegetation communities (excluding improved pasture) were observed in Area 1. At least 4 out of 8 types of native vegetation communities (excluding improved pasture and lake) were directly observed in Area 2, along with many transitional areas containing a mix of vegetation types. Exotics appear to be primarily along forest edges, but interior areas viewed also have exotics throughout, including Brazilian pepper (Schinus terebinthifolius), Caesar’s weed (Urena lobata) and guava (Psidium guajava). Exotics are estimated at 10-24% in Area 1 with some areas at 25% - 75%. Area 2 appeared to have fewer exotics. A general global observation is 15% or slightly more. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 12 of 62 2. Does land offer significant human social values, such as equitable geographic distribution, appropriate access for nature-based recreation, and enhancement of the aesthetic setting of Collier County? Ord. 2002-63, Sec. 10 (1)(b) Yes Statement for satisfaction of criteria: A purchase of the Area 1 and/or Area 2 BCI properties would be additional large acreage purchases in the Immokalee area, where 2,512 acres have already been purchased. As such they may not be considered to further the goal of “equitable geographic distribution” of acquired lands. However, appropriate access for nature-base recreation is available through the Pepper Ranch Preserve, though access roads are not paved. Access throughout the Pepper Ranch Preserve is facilitated by a main interior unpaved lime rock road running east to west and an offshoot north/south unpaved track, which is the access easement for the ranching activities that are currently occurring on the Area 1 parcel. The main ranch road can easily accommodate street vehicles. The north /south branch is rougher; however, street vehicles currently access it. Areas 1 and 2 have many trails already existing that could be used for hiking, biking, and horseback riding during dry season. Because the offered lands are varied in habitat, with large open areas providing scenic vistas, acquisition could enhance the aesthetic setting of Collier County. 3. Does the property offer opportunities for protection of water resource values, including aquifer recharge, water quality enhancement, protection of wetland dependent species habitat, and flood control? Ord. 2002-63, Sec. 10 (1)(c) Yes General Hydrologic Characteristics observed and description of adjacent upland /wetland buffers: General characteristics are taken from examination of aerial photographs, area topographic maps (available on the Internet at http://www.digital-topo-maps.com/ ), Collier County Stormwater Management Dept. maps (available on the Collier County Website at http://www.colliergov.net/index.aspx?page=499 ), and a Florida Natural Area Inventory Surface Water Priorities CLIP4 map layer (Exhibit H). Aerial photos show vegetation patterns on what is mapped as Big Hammock Island, in the Corkscrew Swamp west of Lake Trafford. Big Hammock Island comprises 100% of Area 1 and approximately 60% of Area 2. Aerial maps show Big Hammock Island as upland and lands surrounding and to the south and west as swamp (Figure 2). Onsite observations confirm that Area 1 is pasture and forest and that Area 2 contains forest and marsh wetlands. Collier County watershed basin maps (Figure 5) show both Area 1 and Area 2 to be within both the Corkscrew Marsh and Fakahatchee Strand Basins, with surface waters flowing in different directions. A 2016 examination of the Lake Trafford watershed boundary by the University of Florida and IFAS, determined that lands on the southwest side of lake Trafford, where these parcels are, generally drain west into the Corkscrew Slough and the Corkscrew Marsh Basin (Figure 6), where waters flow west and then southwest. Geographic Information Systems (GIS) mapping indicates that while recharge into the Lower Tamiami aquifer may be relatively low at 0 to <7” annually, recharge of the surficial aquifer is moderate to high at 43 to <56” annually. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 13 of 62 On-site staff observations of open marsh areas in the south of Area 2 in April 2009 showed the area lacking surface water but having wetland dependent plants and numerous species of wetland dependent bird species present. This area had standing water present in February 2018. Collier County Soil Survey Maps identify slough soils (Riviera fine sand, limestone substratum) in this area. Flood control capacity is unknown. Wetland dependent plant species (OBL/ FACW) observed: Area 1: OBL FACW Alligator flag (Thalia geniculata) Beakrush (Rhynchospora spp.) Dahoon holly (Ilex cassine) Pennywort (Hydrocotle sp.) False nettle (Boehmeria cylindrica) Musky mint (Hyptis alata) Pickerelweed (Pontederia cordata) Swamp fern (Blechnum serrulatum) Swamp bay (Persea sp.) Tickseed (Coreopsis sp.) Buttonweed (Diodia virginica) Red maple (Acer rubrum) Area 2: OBL FACW Alligator flag (Thalia geniculata) Chain fern (Woodwardia viriginica) Arrowhead (Sagittaria spp.) Leather fern (Acrostichum danaeifolium) Butterweed (Senecio glabellus) Musky mint (Hyptis alata) Dahoon holly (Ilex cassine) Pennywort (Hydrocotle sp.) Iris (Iris hexagona) Semaphore (Eupatorium mikanoides) Maidencane (Panicum hemitomon) Swamp fern (Blechnum serrulatum) pickerelweed (Pontederia cordata) Bay (Persea sp.) Popash (Fraxinus caroliniana) False nettle (Boehmeria cylindrica) Canna lilly (Canna sp.) Willow (Salix sp.) Pond apple – (Annona glabra) Yellow-cress (Rorippa sp.) Wetland dependent wildlife observed by various staff during multiple site visits include: ibis, roseate spoonbills, blue heron, wood stork and kingfisher. Other Hydrologic indicators observed: Water lines on pop ash trees in Area 1 were observed indicating seasonal water depth of 1.5-2 feet high in one depressional area. United States Geological Service (USGS) Topo Maps identify the Big Hammock Area 1 parcel as partial uplands and mostly wetlands (Figure 4). Light Detection and Radar (LIDAR) maps show the elevation to be approx. 17-18 Ft. above sea level (Exhibit G). Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 14 of 62 Figure 4. Topographic map (http://www.digital-topo-maps.com/) Figure 5. Collier County drainage sub-basin map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 15 of 62 Figure 6. 2016 Revised watershed basin around Lake Trafford. (Lake Trafford 2016 Revised Watershed Boundary, UF-IFAS Shukla & Wallace, 2016) Soils: Soils data is based on the Soil Survey of Collier County Area, Florida (USDA/NRCS, 1990) (Figure 9). Soil numbers correspond to those mapped in the survey. Mapped soils include both hydric and upland soils types, with upland soils the dominant type in Area 1 and hydric soils the dominant type in Area 2. The following is a list of the major soil types mapped in each area, whether they are upland or wetland soil types, the percentage of the parcel they occur in, and the plants typically associated with them. Observed conditions generally reflect mapped plant communities. Area 1: 81% Upland soil types and 20% Hydric Slough soil types. Soil Type Typical Vegetation 37 – Tuscawilla FS – Upland (central and southern hammock areas) – 38% oaks, cabbage palm, red maple, red bay, slash pine, wax myrtle, and native grasses 20 – Ft. Drum and Malabar, high, fine sands – Upland - 43% Slash pine, saw palmetto, live oak, cabbage palm, wax myrtle, and grasses 18 – Riviera fine sand, limestone substratum –Slough - 11% Slash pine, cypress, cabbage palm, wax myrtle, sand cordgrass, gulf muhly, blue maidencane, South Florida bluestem and chalky bluestem 6 – Riviera Limestone substratum – Copeland FS – Slough – 8% Natural vegetation consists of cypress, red maple, ferns and other wetland plants. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 16 of 62 Area 2: 97% Wetland slough & depressional soil types and 3% upland soil types. Soil Type Typical Vegetation 6 – Riviera, Limestone Substratum – Copleand FS - Hydric Slough (buffering flow-way habitat area) – 51% cypress, red maple, ferns and other wetland plants 43 – Winder, Riviera, Limestone Substratum and Chobee FS, Hydric Depressional (adjacent to Lake Trafford) – 46% sawgrass, maidencane, pickerelweed, alligator flag, willow and other wetland plants 20 – Ft Drum and Malabar, high, fine sands, Upland – 3% Slash pine, saw palmetto, live oak, cabbage palm, wax myrtle, and grasses 18 – Riviera fine sand, limestone substratum – Hydric Slough - <1% Slash pine, cypress, cabbage palm, wax myrtle, sand cordgrass, gulf muhly, blue maidencane, South Florida bluestem and chalky bluestem Lower Tamiami recharge Capacity: Both Area 1 and Area 2 have a moderate to high mapped surficial aquifer recharge rate of 43” to <56” annually. Surficial Aquifer Recharge Capacity: Both Area 1 and Area 2 have a low mapped Lower Tamiami aquifer recharge rate of 0 to <7” annually. Oil Gas and Mineral Rights: The owner proposes to retain the Oil Gas and Mineral (OGM) Rights on both Areas 1 and II. These rights are owned by a partnership including various entities. Companies interested in exploration or production of oil and gas in Florida are regulated pursuant to Chapter 377 Florida Statutes and related rules implemented by the Oil and Gas Program within Florida’s Department of Environmental Protection (DEP). The existing oil pad site is listed by DEP as well #1208 within the Lake Trafford Field. Its symbol on the Oil and Gas Map (Figure 12) shows it to be a “dry hole.” The pad site is currently not in use for oil exploration or extraction. FEMA Flood map designation: The property is within Flood Zones AH and AE, both subject to periodic inundation. Statement for satisfaction of criteria: Acquisition of this property would offer opportunities for protection of water resource values, including moderate recharge of the surficial aquifer and protection of wetland dependent species habitat. A moderate surficial recharge rate would indicate habitat for wetland dependent species is present most of the year. Soils data shows that wetland soils are present. Wetland dependent species have been observed on the property, including those listed by the state as endangered and threatened. A primary benefit to preserving the offered lands in an undeveloped state would be protection of the Corkscrew swamp and marsh complex and wetlands associated with Lake Trafford. The Corkscrew swamp and marsh complex provides recharge for the Lower Tamiami aquifer, a source of drinking water for many County and private wells east of County Road 951. Acquisition of both Area 1 and Area 2 would protect the quality of this water source by buffering the Corkscrew slough from development and non-point source Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 17 of 62 pollution. As there are no nearby residential properties, it is unknown what benefits acquisition of the property would have for flood control, though it is subject to periodic flooding. There are 20% hydric slough soils on Area 1 and 97% on area 2 (Exhibit B). 4. Does the property offer significant biological values, including biodiversity, listed species habitat, connectivity, restoration potential and ecological quality? Ord. 2002-63, Sec. 10 (1)(d) Yes Listed Plant Species – Data Resources: The federal authority to protect land-based plant species is administered by the U.S. Fish and Wildlife Service (FWS) and published in 50 Code of Federal Regulations (CFR) 23. Lists of protected plants can be viewed on-line at https://ecos.fws.gov/ecp0/reports/ad-hoc-species- report?kingdom=P&status=E&status=T&status=EmE&status=EmT&status=EXPE&statu s=EXPN&status=SAE&status=SAT&fcrithab=on&fstatus=on&fspecrule=on&finvpop=o n&fgroup=on&ffamily=on&header=Listed+Plants . The Florida state lists of protected plants, which are designated Endangered, Threatened, and Commercially Exploited, are administered, and maintained by the Florida Department of Agriculture and Consumer Services (DOACS) via chapter 5B-40, Florida Administrative Code (F.A.C.). This list of plants can be viewed from a link provided at http://www.freshfromflorida.com/Divisions-Offices/Plant-Industry/Bureaus-and- Services/Bureau-of-Entomology-Nematology-Plant-Pathology/Botany/Florida-s- Endangered-Plants/Endangered-Threatened-and-Commercially-Exploited-Plants-of- Florida . The following listed plant species were observed: COMMON NAME SCIENTIFIC NAME STATUS BCI PARCELS AREA FDA FWS Butterfly orchid Encyclia tampensis CE n/a 2 Common wild pine Tillandsia fasciculata E n/a 1 & 2 Inflated wild pine Tillandsia balbisiana T n/a 1 & 2 E=Endangered, T=Threatened, CE=Commercially Exploited Listed Wildlife Species: Federal wildlife species protection is administered by the FWS with specific authority published in 50 CFR 17. Lists of protected wildlife can be viewed on-line at: https://www.fws.gov/endangered/ . FWC maintains the Florida state list of protected wildlife in accordance with Rules 68A-27.003, 68A-27.004, and 68A-27.005, respectively, of the Florida Administrative Code (F.A.C.). A list of protected Florida wildlife species (updated 2017) can be viewed at: http://myfwc.com/media/1515251/threatened-endangered-species.pdf . Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 18 of 62 The following listed species have been observed: COMMON NAME SCIENTIFIC NAME STATUS BCI PARCELS AREA FWC USFWS Florida panther* Felis concolor coryi FE E 1 & 2 Florida sandhill crane** Grus acnadensis pratensis ST n/a 1 Little blue heron*** Egretta caerulea ST n/a 1 & 2 Roseate spoonbill** Platalea ajaja ST n/a 2 Woodstork** Mycteria americana FT E 2 E-Endangered; FE-Federally Designated Endangered; FT-Federally Designated Threatened; ST- State Threatened; SSC-Species of Special Concern *FWC Telemetry **County staff ***Wilson Miller 2009 Listed Species Survey Potential Listed Species: The observed habitat and location would support the presence of the following listed species: All of the species listed in the table above adding Snail kite (Rostrhamus sociabilis plumbeus) (FE); Osprey (Pandion halietus) (SSC), and Audubon’s crested caracara (Polyborus plancus audubonii) (FT). Non-listed species observed and potential: Staff observed the following non-listed species: Florida white-tailed deer, wild turkey, hogs, swallowtail kite, red-shoulder hawk, great blue heron, alligators, and belted kingfisher. Potential non-listed species include: Florida black bear, a managed species in Florida, bobcat and numerous species of wading birds. Bird Rookery observed? No bird rookery was observed. Biodiversity, Connectivity, Restoration potential, and ecological quality: Both areas 1 and 2 are mapped by Florida Natural Areas Inventory and University of Florida’s Critical Lands and Waters Identification Project (CLIP4) as within the highest priority lands for biodiversity (Exhibit K). These parcels are also within lands identified by FWC as a priority habitat zone for protection of the Florida Panther (Exhibit O). Area 1 is directly connected to the Pepper Ranch Preserve (County Conservation lands) and Area 2 is connected through Area 1. Connectivity in this area includes existing SSA #13, the Corkscrew Regional Ecosystem Watershed, state lands, and Audubon lands. Restoration potential is good because these are functioning natural wetlands without topographical alterations. Restoration would primarily consist of removal of invasive exotic plants. Currently, Area 1 (and Area 2 in dry season) are used for a leased cattle operation. The presence of cattle and invasive exotic plants affects ecological quality, though if acquired, staff would likely continue use of the property for a cattle lease until active restoration of pasture areas can be planned. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 19 of 62 Statement for satisfaction of criteria: Both Area 1 and Area 2 offer significant biological values, listed species habitat, restoration potential and moderate to high ecological quality. Staff observations and species surveys performed by Wilson Miller in Feb. 2009 show that wildlife is present. Both Areas I and 2 are located within FWC Priority Panther Habitat and are shown as the highest priority lands for biodiversity in the state CLIP4 mapping layers. Telemetry points and presence of prey species indicate both areas are used by panthers. Many other native wildlife species have been documented on the parcels. There is significant restoration potential for pasture lands and for forested areas now impacted by invasive exotic plants. Area 1 is directly adjacent to significant County, State and private conservation lands. Acquisition of Area 2 without also acquiring Area 1 would not provide connectivity with Pepper Ranch Preserve. 5. Does the property enhance and/or protect the environmental value of current conservation lands through function as a buffer, ecological link or habitat corridor? Ord. 2002-63, Sec. 10 (1)(e) Yes Statement for satisfaction of criteria: Preservation and restoration of these lands would protect the value of the Corkscrew Marsh and the Camp Keais Strand, functioning as buffer to the 60,000 South Florida Water Management District conserved lands that include the CREW Marsh wetlands and as ecological link and corridor for the Camp Keais Strand and other conservation lands to the south. 6. Is the property within the boundary of another agency’s acquisition project? Yes The CREW Project lands as defined by the Florida Department of Environmental Protection, extend from the Corkscrew Marsh area south along the Camp Keais Strand to the Florida Panther National Wildlife Refuge. This project area (CREW Lands) is #5 out of 32 on the Florida Forever Partnership and Regional Incentives Projects List. If yes, will use of Conservation Collier funds leverage a significantly higher rank or funding priority for the parcel? Currently, No. Discussions with CREW indicate that the organization does not have the funding to acquire this size property. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 20 of 62 III. Potential for Appropriate Use and Recommended Site Improvements Potential Uses as Defined in Ordinance 2002-63, section 5.9: Hiking: There is significant potential for hiking on this property. Many trails already exist through forest and pasture lands. Nature Photography: There is significant potential for nature photography on this parcel. In addition to the abundant wildlife present, the large size of the property provides natural vistas of hardwood forests, marshes, and meadows. Wildlife presence would attract nature photographers. Bird-watching: Numerous species of birds are present in the marsh area. Kayaking/Canoeing: There is potential for kayaking and canoeing on Lake Trafford, though the presence of numerous alligators in the lake may make the use of larger types of boats more advisable. Swimming: There is little potential for swimming in Lake Trafford. The presence of alligators would make this activity unadvisable. Hunting: There is potential for hunting on Area 1. These lands can be added with the Pepper Ranch Preserve to the existing CREW Wildlife and Environmental Area and included in the Pepper Ranch Hunt Program. Area 2 is marsh wetlands and would be inaccessible for parts of the year but may provide some potential for hunting. Fishing: There is significant potential for fishing on Lake Trafford. Much of that potential is still in the future, as the lake is currently undergoing restoration. However, in the past, Lake Trafford was known for excellent bass fishing. There are plans to restock the lake with bass as part of restoration efforts. Horseback trails: There is significant opportunity for equestrian uses during the dry season. Recommended Site Improvements: Trail identification and marking. Possibly an access to lake Trafford can be developed, though that is likely to be expensive. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 21 of 62 IV. Assessment of Management Needs and Costs Management of this property will address the costs of exotic vegetation removal and control, access by the public and maintenance of trails. If acquired, both or either Area 1 and/or Area 2 would be joined to the Pepper Ranch Preserve for management purposes. Currently, Pepper Ranch Preserve is open to the public on non-hunt weekends between November and June each year. These are very preliminary estimates; Ordinance 2002-63 requires a formal land management plan be developed for each property acquired by Conservation Collier. Exotic, invasive plants present, in order of observed abundance: Category 1 - Florida Exotic Pest Plant Council 2017 List: Brazilian pepper (Schinus terebinthifolius), guava (Psidium guajava), Ceasar’s weed (Urena lobata), and tropical soda apple (Solanum viarum). Category II - Florida Exotic Pest Plant Council 2017 List: None were specifically noted. Exotic Vegetation Removal and Control: Initial exotics removal estimated at $192,700 for Area 1 ($820 per acre for 235 acres) and Area 2 at $655,508 ($820 per acre for 799.4 acres). This estimate is based on the acreage offered, actual costs for similar work at Pepper Ranch Preserve, and the least expensive removal method - killing exotics in place. The owner has offered to remove the exotics at cost. Costs for ongoing annual maintenance are estimated to be $169 per acre. Area I is upland and maintenance would be for the total acreage. Annual maintenance for Area 1 is estimated at $39,715 ($169 X 235 acres). Area II has a large area of freshwater marsh that appears to be free of exotic infestation. Annual maintenance for Area II is estimated at $135,099 ($169 X 799.4 acres). These are worst case scenario costs for Area II, as many acres may not need treatment. Additionally, costs could decrease over time as the soil seed bank is depleted, but a decrease is not assured. Public Parking Facility: Public parking facility is not currently contemplated on either area 1 or Area II. Public parking would be accommodated on the Pepper Ranch Preserve. Public Access Trails: Rough trails and interior roads to most areas of the property already exist. Trails will require maintenance. It may be possible to use volunteer labor for some trail maintenance. Security and General Maintenance: Area 1 is connected to the Pepper Ranch Preserve and fenced along its northern boundary. Area II is protected by Area 1 on its northern boundary, Lake Trafford on its eastern boundary, and surrounded by vast areas of marsh (Camp Keais Strand) on the southern and western boundaries. The need for additional fencing has not been evaluated but appears unnecessary. Signs denoting a conservation area can be placed at intervals along upland area boundaries, if necessary. A routine on- Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 22 of 62 site presence would be ideal, though currently that function is fulfilled by a cattle lease operation, and that may be continued for the short term if the properties are acquired. Table 2. Summary of Estimated Management Needs and Costs * t.b.d. To be determined; cost estimates have not been finalized. Management Element Initial Cost Annual Recurring Costs Comments Area 1 Area II Area 1 Area II Exotics Control $192,700 $655,508 $39,715 $135,099 This estimate is based on similar work done on the adjoining Pepper Ranch Preserve. Area 1 calculated on 235 acres for initial @$820 per acre and 235 acres at $169 per acre for ongoing maintenance. Area 2 calculated on 799.4 acres of marsh and forested lands. Initial cost -$820 per acre. Recurring costs – $169 per acre. Access Trails $1,600 $2,250 $1,600 $2,250 Estimated using GIS with simulated trail for both Areas X $.10 per foot (cost of fire line mowing). Area 1 = 1,600 ft; Area II =22,500 ft. Estimate assumes trails mowed once annually. Fencing n/a n/a t.b.d.* t.b.d. Fencing is not initially needed as surrounding wetlands and remote area protect from casual trespass. Trash Removal n/a n/a t.b.d. t.b.d. Initial solid waste in Area 1 to be removed by owner. Signs would be posted for visitors to carry out their own trash. Signs $1,200 $1,500 t.b.d. t.b.d Trail signage would be needed. This estimate considers one $50 sign every 1,000 feet of trail length. Total $195,500 $659,258 $41,315 $137,349 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 23 of 62 V. Potential for Matching Funds The primary partnering agencies for conservation acquisitions, and those identified in the Conservation Collier ordinance are the Florida Communities Trust (FCT) and The Florida Forever Program. The following highlights potential for partnering funds, as communicated by agency staff: Florida Communities Trust - Parks and Open Space Florida Forever grant program: Application for this program is typically made for pre-acquired sites up to two years from the time of acquisition. Florida Forever Program: Staff has been advised that the Florida Forever Program has limited funds and is concentrating on parcels already included on its ranked priority list. This parcel is not inside a Florida Forever priority project boundary. Additionally, the Conservation Collier Program has not been successful in partnering with the Florida Forever Program due to conflicting acquisition policies and issues regarding joint title between the programs. Other Potential Funding Sources: There is potential for utilizing funding donations to the Conservation Collier program to fulfill requirements for off-site preserves pursuant to the Collier County Land Development Code, Section 3.05.07. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 24 of 62 VI. Summary of Secondary Screening Criteria Staff has scored the property on the Secondary Criteria Screening Form and attached the scoring form as Exhibit E. A total score of 253 for Area 1 and 197 for Area II, each out of a possible 400, was achieved. The chart and graph below show a breakdown of the specific components of these scores. Table 3. Tabulation of Secondary Screening Criteria Area 1 Area II Figure 7. Secondary Screening Criteria Scoring Area 1 Area II Secondary Screening Criteria Possible Points Scored Points Percent of Possible Score Ecological 100 64 64% Human Values/Aesthetics 100 65 65% Vulnerability 100 45 45% Management 100 78 78% Total Score:400 253 63% Secondary Screening Criteria Possible Points Scored Points Percent of Possible S core Ecological 100 60 60% Human Values/Aesthetics 100 57 57% Vulnerability 100 0 0% Management 100 80 80% Total Score:400 197 49% Percent of Maximum Score:49% Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 25 of 62 Summary of factors contributing to score Area 1 – 235 acres Total Score: 253 out of 400 possible points Ecological: 64 out of 100 possible points Area 1 scored moderately in this category for several reasons. Although it has 7 native plant communities, none are the preferred habitats described in the ordinance. However, additional points were gained as the wetland hardwood forest and freshwater marsh are mature examples of these type of vegetation community. Acquisition of the parcel would protect water resources by buffering the Corkscrew Marsh area, Lake Trafford and the Camp Keais Strand. Moderate to high aquifer recharge is mapped for the Surficial aquifer, though there is low recharge mapped for the lower Tamiami aquifer. Wetlands exist on site. Listed and non-listed species of wildlife are present on the parcel. Ecological quality is high, though marred by exotic plant presence, primarily, but not limited to, Brazilian pepper. Connectivity exists with Pepper Ranch Preserve lands. Human Values/Aesthetics: 65 out of 100 possible points A moderate score was achieved in this category primarily because Area 1 has no perimeter that can be seen by the public. However, it has unpaved access over the Pepper Ranch Preserve and potentially extensive uses including hunting and water access. It may be possible to develop a small boat launch and fishing access to Lake Trafford, but this will be very expensive to accomplish. Vulnerability: 45 out of 100 possible points The parcel achieved a moderate to low score in this category, based on the existing zoning, which is agricultural with a mobile home overlay allowing development at one unit per five aces. Owners have indicated they intend to sell only the surface rights to Conservation Collier, and to retain oil, gas and mineral rights. Management: 78 out of 100 possible points A moderate to high score was achieved for management due to several reasons. Minimal hydrologic changes appear necessary, except possibly some minor re-grading of ditches out of old farm fields, though possibly not needed to sustain overall site characteristics. Exotic plants are present on between 15% and 25% of the entire site, with some localized areas of infestation to 75%. Brazilian pepper was observed growing along most forest edges, and young Brazilian peppers were observed to be scattered within those forested areas examined. Existing trails would require maintenance. Parcel Size: While parcel size was not scored, the ordinance advises that based on comparative size, the larger of similar parcels is preferred. This parcel by itself is of moderate size (235 ac) but added with Area 2 (799.4), it is significant. It is similar to but smaller than the Half Circle L Ranch property and similar to but larger than the Barron Collier Partnership LLLP Sanitation/Bethune Road parcels. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 26 of 62 Area II – 799.4 acres Total Score: 197 out of 400 possible points Ecological: 60 out of 100 possible points Area II scored moderately in this category for several reasons. The property does not have the preferred habitats described in the ordinance; however, it gained points as it contains 8 FLUCFCS habitat types, has mature vegetation, and contains native orchids (Habernaria sp). Acquisition of the parcel would protect water resources by buffering the Camp Keais Strand, Corkscrew Marsh and Lake Trafford. The site contains 97% wetland soils and wetland habitat for wetland dependent wildlife species. Moderate to high annual aquifer recharge (43” - <56”) is mapped for the Surficial aquifer, while low annual recharge (0- <7”) is mapped for the Lower Tamiami aquifer. Listed and non-listed species of wildlife and listed plant species are present on the parcel, both observed and documented. Ecological quality is high, though marred by presence of Brazilian pepper on forest edges and within pastures. Human Values/Aesthetics: 57 out of 100 possible points A moderate score was achieved in this category because Area II is not immediately adjoining conservation land, though if Area 1 is acquired, it will be adjoining. Should the only Area 2 be acquired, there is no established access through Area I. A small portion of Area II is connected to Lake Trafford and could provide boat launch and fishing access but developing these will be expensive. The site also contains a known archeological site. Points were lost because the property is not visible from a public roadway. Vulnerability: 0 out of 100 possible points The project achieved no points because its zoning classification favors conservation under the existing Stewardship Sending Area (SSA) Credit Agreement (Resolution 2009- 302). The owner has voluntarily requested the land be designated as an SSA (#13). The owner will retain the Stewardship Credits (in escrow) and offer only surface rights to Conservation Collier, retaining the oil, gas, and mineral rights. The SSA agreement will remove the following six (6) Land Use Layers in order: Residential, General Conditional Uses, Earth Mining & Processing, Recreational, Agricultural Group 1, and Agricultural Support (see Exhibit T.) The 730-acre portion of the SSA being offered to Conservation Collier equates to approximately 10% of the 7,417-acre SSA #13. The current owner has banked (placed in escrow) the Base Credits, Early Entry Credits, and R1 Restoration Credits in the amount of 20,916.1. The escrow includes the following credits for the entirety of SSA #13: Base Credits (12,999.3) Early Entry Credits (1,317.6) and R1 (restoration) Credits (6,599.2). At 8 Credits per acre, credits from the 730-acre portion of the SSA would entitle approximately 261 acres of future development. Additional R2 Restoration Credits (6,599.2) would be approved upon successful completion of the proposed restoration plan. The applicant has requested to perform the restoration including exotic vegetation removal on the property after the sale to Conservation Collier to obtain the R2 Restoration Credits. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 27 of 62 Management: 80 out of 100 possible points A moderate to high score was achieved for management due to several reasons. Exotic plants are present on between 15% and 25% of the entire site, with some localized areas of infestation to 75%. Brazilian pepper was observed growing along most forest edges, and young Brazilian peppers were observed to be scattered within those forested areas examined. Existing trails would require maintenance. The owner has offered to remove exotics at cost. Parcel Size: While parcel size was not scored, the ordinance advises that based on comparative size, the larger of similar parcels is preferred. This parcel is of significant size and larger than most offered to Conservation Collier. It is similar to but smaller than the Half Circle L Ranch and similar to but larger than the Barron Collier Partnership LLLP Sanitation/Bethune Road properties. VII. Staff Comments, Recommendations, and Conditions Staff would like to bring the following items to the attention of the Advisory Committee during the review of this property. The following does not affect the scoring. The following are items that will be addressed in the Executive Summary to the Board of County Commissioners if this property moves forward for ranking. 1. Exotic Vegetation Removal The current owner has requested to perform the restoration including exotic vegetation removal on the property after the sale to Conservation Collier to obtain the R2 Restoration Credits. 2. Property Survey The owner is offering parcels which include portions that are not legally segregated at present. The map of the project location is conceptual in nature. Therefore, staff has been advised by the Collier County Real Estate section to request that a Boundary Survey (signed & sealed) performed by a Professional Surveyor and Mapper be provided by the seller to depict the exact boundary of the property being offered to Conservation Collier. 3. Stewardship Sending Area The Advisory Committee and Board of County Commissioners should take into consideration the existing SSA #13 which has credits in escrow. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 28 of 62 VIII. EXHIBITS Exhibit A. FLUCFCS Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 29 of 62 Exhibit B. Soils Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 30 of 62 Exhibit C. Wellfield protection and Aquifer Recharge Maps Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 31 of 62 Exhibit D. Zoning Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 32 of 62 Exhibit E. Historical Aerials – 2017 and 1940 (Source: Property Appraiser) 1940 2017 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 33 of 62 Exhibit F. Flood Zone Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 34 of 62 Exhibit G. LIDAR Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 35 of 62 Exhibit H. Surface Water Priorities CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 36 of 62 Exhibit I. Landscape Integrity CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 37 of 62 Exhibit J. Priority Natural Communities CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 38 of 62 Exhibit K. Biodiversity CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 39 of 62 Exhibit L. Potential Habitat Richness CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 40 of 62 Exhibit M. Strategic Habitat Conservation Areas CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 41 of 62 Exhibit N. Aggregated Conservation Priorities CLIP4 Map Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 42 of 62 Exhibit O. USFWS Listed Species Consultation and Focal Areas Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 43 of 62 Exhibit P. Oil and Gas Map Florida Department of Environmental Protection Oil and Gas Program Maps, Interactive map – Oil and Gas. Source: https://ca.dep.state.fl.us/mapdirect/?focus=oilandgas Permit #1208, shown as a “dry hole.” Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 44 of 62 Exhibit Q. 2018 Conservation Collier Active Acquisition List Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 45 of 62 Exhibit R. Completed and Scored Secondary Criteria Screening Form- Area 1 Property Name: Barron Collier Partnership LLLP Area 1 - 235 acres Folio Numbers: Parts of 00113760004, 00113840005, and 00113880007 Geograhical Distribution (Target Protection Area): portion in Rural Lands Stewardship Area (RLSA) - Habitat Stewardship Area 1. Confirmation of Initial Screening Criteria (Ecological) 1.A Unique and Endangered Plant Communities Possible points Scored points Comments Select the highest Score: 1. Tropical Hardwood Hammock 90 2. Xeric Oak Scrub 80 3. Coastal Strand 70 4. Native Beach 60 5. Xeric Pine 50 6. Riverine Oak 40 7. High Marsh (Saline)30 8. Tidal Freshwater Marsh 20 9. Other Native Habitats 10 10 FLUCCS 4340 Hardwood-conifer mixed; 2130 Woodland pasture; 4200 Upland hardwood forests; 4280 Cabbage palms; 6216 Cypress; 6172 Mixed wetland harwoods-shrubs 10. Add additional 5 points for each additional Florida Natural Areas Inventory (FNAI) listed plant community found on the parcel 5 each None listed by FNA higher than S4=Apparently secure statewide, may be rare in some part so of range 11. Add 5 additional points if plant community represents a unique feature, such as maturity of vegetation, outstanding example of plant community, etc.5 5 mature example of wetland hardwood forest and freshwater marsh 1.A. Total 100 15 1.B Significance for Water Resources Possible points Scored points Comments 1. Aquifer Recharge (Select the Highest Score) a. Parcel is within a wellfield protection zone 100 b. Parcel is not in a wellfield protection zone but will contribute to aquifer recharge 50 50 GIS maps show this property contributes primarily to the surficial aquifer is 43" to <56" annually; contribution to Lower Tamiami mapped at 0-<7" annually. c. Parcel would contribute minimally to aquifer recharge 25 d. Parcel will not contribute to aquifer recharge, eg., coastal locat 0 2. Surface Water Quality (Select the Highest Score) a. Parcel is contiguous with and provides buffering for an Outstanding Florida Waterbody 100 b. Parcel is contiguous with and provides buffering for a creek, river, lake or other surface water body 75 75 Parcel buffers Camp Keais Strand and a small portion of Lake Trafford c. Parcel is contiguous with and provides buffering for an identified flowway 50 d. Wetlands exist on site 25 25 Wetlands exist on site - approx. 60 % of site contains wetland forest e. Acquisition of parcel will not provide opportunities for surface water quality enhancement 0 3. Strategic to Floodplain Management (Calculate for a and b; score c if applicable) a. Depressional soils 80 0 b. Slough Soils 40 8 Area 1 has 20% Hydric Soils c. Parcel has known history of flooding and is likely to provide onsite water attenuation 20 20 Pasture areas and some forest are covered with water in wet season Subtotal 300 178 1.B Total 100 59 Obtained by dividing the subtotal by 3. 1.C Resource Ecological/Biological Value Possible points Scored points Comments 1. Biodiversity (Select the Highest Score for a, b and c) a. The parcel has 5 or more FLUCCS native plant communities 100 100 Area has 7 FLUCCS vegetation communities b. The parcel has 3 or 4 FLUCCS native plant communities 75 c. The parcel has 2 or or less FLUCCS native plant communities 50 d. The parcel has 1 FLUCCS code native plant communities 25 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 46 of 62 Exhibit R. Completed and Scored Secondary Criteria Screening Form- Area 1, Cont’d 2. Listed species a. Listed wildlife species are observed on the parcel 80 80 If a. or b. are scored, then c. Spotential Habitat Richness is not scored. Woodstork, Little Blue heron, Roseate Spoonbill, Sandhill crane b. Listed wildlife species have been documented on the parcel by 70 Provide documentation source - c. Habitat Richness score 5 categories 70 Score is prorated from 14 to 70 based on the highest of the 5 CLIP4 Potential Habitat Richness categories- d. Rookery found on the parcel 10 e. Listed plant species observed on parcel - add additional 20 poi 20 20 Tillandsia fasciculata, T. balbisiana 3. Restoration Potential a. Parcel can be restored to high ecological function with minimal alteration 100 b. Parcel can be restored to high ecological function but will require moderate work, including but not limited to removal of exotics and alterations in topography.50 50 Exotics 10-24% on 138 acres and between 25-75% in other areas. General global observation - 15% or slightly more. c. Parcel will require major alterations to be restored to high ecological function.15 d. Conditions are such that parcel cannot be restored to high ecological function 0 explain limiting conditions Subtotal 300 250 1.C Total 100 83 Divide the subtotal by 3 1.D Protection and Enhancement of Current Conservation Lands Possible points Scored points Comments 1. Proximity and Connectivity a. Property immediately contiguous with conservation land or conservation easement.100 100 Adjoining south of Pepper Ranch Preserve b. Property not immediately contiguous, parcels in between it and the conservation land are undeveloped.50 c. Property not immediately contiguous, parcels in-between it and conservation land are developed 0 d. If not contiguous and developed, add 20 points if an intact ecological link exists between the parcel and nearest conservation land 20 1.D Total 100 100 1. Ecological Total Score 100 64 Sum of 1A, 1B, 1C, 1D then divided by 4 2. Human Values/Aesthetics 2.A Human Social Values/Aesthetics Possible points Scored points Comments 1. Access (Select the Highest Score) a. Parcel has access from a paved road 100 b. Parcel has access from an unpaved road 75 75 Parcel has access through Pepper Ranch Preserve c. Parcel has seasonal access only or unimproved access easem 50 d. Parcel does not have physical or known legal access 0 2. Recreational Potential (Select the Highest Score) a. Parcel offers multiple opportunities for natural resource-based recreation consistent with the goals of this program, including but not limited to, environmental education, hiking, nature photography, bird watching, kayaking, canoeing, swimming, hunting (based on size?) and fishing.100 100 Small portion borders Lake Trafford. Though not appropriate for swimming, a boat launch, fishing, hiking, nature photography, bird watching, and hunting are possible uses, but may be expensive to accomplish. b. Parcel offers only land-based opportunities for natural resource-based recreation consistent with the goals of this program, including but not limited to, environmental education, hiking, and nature photography.75 c. Parcel offers limited opportunities for natural-resource based recreation beyond simply accessing and walking on it 50 d. Parcel does not offer opportunities for natural-resource based recreation 0 3. Enhancement of Aesthetic Setting a. Percent of perimeter that can me seen by public. Score based on percentage of frontage of parcel on public thoroughfare 80 0 Score between 0 and 80 based on the percentage of the parcel perimeter that can be seen by the public from a public thoroughfare. b. Add up to 20 points if the site contains outstanding aesthetic characteristic(s), such as but not limited to water view, mature trees, native flowering plants, or archeological site 20 20 Provide a description and photo documentation of the outstanding characteristic mature oak groves, wildflowers Subtotal 300 195 2. Human Social Values/Aesthetics Total Score 100 65 Obtained by dividing the subtotal by 3. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 47 of 62 Exhibit R. Completed and Scored Secondary Criteria Screening Form- Area 1, Cont’d 3. Vulnerability to Development/Degradation 3.A Zoning/Land Use Designation Possible points Scored points Comments 1. Zoning allows for Single Family, Multifamily, industrial or comme 50 2. Zoning allows for density of no greater than 1 unit per 5 acres 45 45 A-MHO-RLSAO 3. Zoning allows for agricultural use /density of no greater than 1 un 40 4. Zoning favors stewardship or conservation 0 5. If parcel has ST overlay, remove 20 points -20 6. Property has been rezoned and/or there is SDP approval 25 7. SFWMD and/or USACOE permit has been issued 25 8. A rezone or SDP application has been submitted 15 9. SFWMD and/or USACOE permit has been applied for 15 3. Vulnerability Total Score 100 45 4. Feasibility and Costs of Management 4.A Hydrologic Management Needs Possible points Scored points Comments 1. No hydrologic changes are necessary to sustain qualities of site in perpetuity 100 2. Minimal hydrologic changes are required to restore function, such a cut in an existing berm 75 75 some old farm ditches exist. They may interfere with hydrology minimally but likley do not need to be removed. 3. Moderate hydrologic changes are required to restore function, such as removal of existing berms or minor re-grading that require use of machinery 50 4. Significant hydologic changes are required to restore function, such as re-grading of substantial portions of the site, placement of a berm, removal of a road bed, culvert or the elevation of the water table by installing a physical structure and/or changes unlikley 0 5.A Total 100 75 4.B Exotics Management Needs Possible points Scored points Comments 1. Exotic Plant Coverage a. No exotic plants present 100 b. Exotic plants constitute less than 25% of plant cover 80 80 Exotics are estimated at 10-24% in Area 1 with some areas at 25% - 75%. c. Exotic plants constitute between 25% and 50% of plant cover 60 d. Exotic plants constitute between 50% and 75% of plant cover 40 e. Exotic plants constitute more than 75% of plant cover 20 maintenance effort and management will be needed (e.g., heavy infestation by air potato or downy rosemytle)-20 g. Adjacent lands contain substantial seed source and exotic removal is not presently required -20 5.B Total 100 80 4.C Land Manageability Possible points Scored points Comments 1. Parcel requires minimal maintenance and management, examples: cypress slough, parcel requiring prescribed fire where fuel loads are low and neighbor conflicts unlikely 80 2. Parcel requires moderate maintenance and management, examples: parcel contains trails, parcel requires prescribed fire and circumstances do not favor burning 60 60 Parcel contains trails that would require maintenance and fire may not be appropriate in the hardwood forests, but would be fine on the pastures. 3. Parcel requires substantial maintenance and management, examples: parcel contains structures that must be maintained, parcel requires management using machinery or chemical means which will be difficult or expensive to accomplish 40 4. Add 20 points if the mainenance by another entity is likely 20 20 Owner has offered to remove exotics at cost. 5. Subtract 10 points if chronic dumping or trespass issues exist -10 5.C Total 100 80 4. Feasibility and Management Total Score 100 78 Sum of 5A, 5B, 5C, then divided by 3 Total Score 400 253 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 48 of 62 Exhibit S. Completed and Scored Secondary Criteria Screening Form- Area 2 Property Name: Barron Collier Partnership LLLP Folio Numbers: Parts of 00113760004, 00113840005 and 00113880007 799.4 acres - Area II Geograhical Distribution (Target Protection Area): Rural Lands Stewardship Area - Habitat Stewardship/Flowway Stewardship Areas 1. Confirmation of Initial Screening Criteria (Ecological) 1.A Unique and Endangered Plant Communities Possible points Scored points Comments Select the highest Score: 1. Tropical Hardwood Hammock 90 2. Xeric Oak Scrub 80 3. Coastal Strand 70 4. Native Beach 60 5. Xeric Pine 50 6. Riverine Oak 40 7. High Marsh (Saline)30 8. Tidal Freshwater Marsh 20 9. Other Native Habitats 10 10 FLUCCS 6170 Mixed wetland hardwoods; 6410 Freshwater westlands; 4280 Cabbage palm; 6440 emergent aquatic vegetation; 6216 Cypress; 4340 hardwood-conifer mixed; 6172 Mixed wetland hardwoods-shrubs; 6210 Cypress 10. Add additional 5 points for each additional Florida Natural Areas Inventory (FNAI) listed plant community found on the parcel 5 each 11. Add 5 additional points if plant community represents a unique feature, such as maturity of vegetation, outstanding example of plant community, etc.5 5 Mature vegetation, orchids (Habernaria species) 1.A. Total 100 15 1.B Significance for Water Resources Possible points Scored points Comments 1. Aquifer Recharge (Select the Highest Score) a. Parcel is within a wellfield protection zone 100 b. Parcel is not in a wellfield protection zone but will contribute to aquifer recharge 50 50 Mapped as contributing primarily to surficial aquifer - 43" to <56" annually c. Parcel would contribute minimally to aquifer recharge 25 d. Parcel will not contribute to aquifer recharge, eg., coastal locat 0 2. Surface Water Quality (Select the Highest Score) a. Parcel is contiguous with and provides buffering for an Outstanding Florida Waterbody 100 b. Parcel is contiguous with and provides buffering for a creek, river, lake or other surface water body 75 75 Lake Trafford is just to the east and parcel is surrounded by Camp Keais Strand marsh wetlands c. Parcel is contiguous with and provides buffering for an identified flowway 50 d. Wetlands exist on site 25 25 Site is almost entirely wetlands based on plants, soils presence of standing groundwater e. Acquisition of parcel will not provide opportunities for surface water quality enhancement 0 3. Strategic to Floodplain Management (Calculate for a and b; score c if applicable) a. Depressional soils 80 37 Depressional soil types make up 46% of Area II b. Slough Soils 40 21 Slough soil types make up 52% of Area II c. Parcel has known history of flooding and is likely to provide onsite water attenuation 20 20 Onsite water during wet season has been observed over multiple years. Subtotal 300 228 1.B Total 100 76 Obtained by dividing the subtotal by 3. 1.C Resource Ecological/Biological Value Possible points Scored points Comments 1. Biodiversity (Select the Highest Score for a, b and c) a. The parcel has 5 or more FLUCCS native plant communities 100 100 Area II has 8 FLUCCS native plant communities - see above b. The parcel has 3 or 4 FLUCCS native plant communities 75 c. The parcel has 2 or or less FLUCCS native plant communities 50 d. The parcel has 1 FLUCCS code native plant communities 25 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 49 of 62 Exhibit S. Completed and Scored Secondary Criteria Screening Form- Area 2, cont’d 2. Listed species a. Listed wildlife species are observed on the parcel 80 80 If a. or b. are scored, then c. Potential Habitat Richness is not scored. Roseate spoonbills b. Listed wildlife species have been documented on the parcel by 70 Provide documentation source -FWC Panther Telemetry c. Habitat Richness score 5 categories 70 Score is prorated from 14 to 70 based on the highest of the 5 CLIP4 Potential Habitat Richness categories- d. Rookery found on the parcel 10 e. Listed plant species observed on parcel - add additional 20 poi 20 20 Encyclia tampensis, Tillandsia fasciculata, T. balbisiana 3. Restoration Potential a. Parcel can be restored to high ecological function with minimal alteration 100 100 Removal of exotics and removal of cattle over time b. Parcel can be restored to high ecological function but will require moderate work, including but not limited to removal of exotics and alterations in topography.50 c. Parcel will require major alterations to be restored to high ecological function.15 d. Conditions are such that parcel cannot be restored to high ecological function 0 explain limiting conditions Subtotal 300 300 1.C Total 100 100 Divide the subtotal by 3 1.D Protection and Enhancement of Current Conservation Lands Possible points Scored points Comments 1. Proximity and Connectivity a. Property immediately contiguous with conservation land or conservation easement.100 b. Property not immediately contiguous, parcels in between it and the conservation land are undeveloped.50 50 Parcel is nearly adjoining Pepper Ranch Preserve, parcel between this and Pepper Ranch has also been offered - Area 1 (235 acres) c. Property not immediately contiguous, parcels in-between it and conservation land are developed 0 d. If not contiguous and developed, add 20 points if an intact ecological link exists between the parcel and nearest conservation land 20 1.D Total 100 50 1. Ecological Total Score 100 60 Sum of 1A, 1B, 1C, 1D then divided by 4 2. Human Values/Aesthetics 2.A Human Social Values/Aesthetics Possible points Scored points Comments 1. Access (Select the Highest Score) a. Parcel has access from a paved road 100 b. Parcel has access from an unpaved road 75 75 Upaved old oil well road - goes to oil pad c. Parcel has seasonal access only or unimproved access easem 50 d. Parcel does not have physical or known legal access 0 2. Recreational Potential (Select the Highest Score) a. Parcel offers multiple opportunities for natural resource-based recreation consistent with the goals of this program, including but not limited to, environmental education, hiking, nature photography, bird watching, kayaking, canoeing, swimming, hunting (based on size?) and fishing.100 b. Parcel offers only land-based opportunities for natural resource-based recreation consistent with the goals of this program, including but not limited to, environmental education, hiking, and nature photography.75 75 hunting, hiking, photography, education, and primitive camping are possible public uses c. Parcel offers limited opportunities for natural-resource based recreation beyond simply accessing and walking on it 50 d. Parcel does not offer opportunities for natural-resource based recreation 0 3. Enhancement of Aesthetic Setting a. Percent of perimeter that can me seen by public. Score based on percentage of frontage of parcel on public thoroughfare 80 0 Score between 0 and 80 based on the percentage of the parcel perimeter that can be seen by the public from a public thoroughfare. b. Add up to 20 points if the site contains outstanding aesthetic characteristic(s), such as but not limited to water view, mature trees, native flowering plants, or archeological site 20 20 Provide a description and photo documentation of the outstanding characteristic O utstanding Vista views over the marsh, flowering native plants, and archeological site Subtotal 300 170 2. Human Social Values/Aesthetics Total Score 100 57 Obtained by dividing the subtotal by 3. Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 50 of 62 Exhibit S. Completed and Scored Secondary Criteria Screening Form- Area 2, cont’d 3. Vulnerability to Development/Degradation 3.A Zoning/Land Use Designation Possible points Scored points Comments 1. Zoning allows for Single Family, Multifamily, industrial or comme 50 2. Zoning allows for density of no greater than 1 unit per 5 acres 45 3. Zoning allows for agricultural use /density of no greater than 1 un 40 4. Zoning favors stewardship or conservation 0 0 Area is within SSA#13 5. If parcel has ST overlay, remove 20 points -20 6. Property has been rezoned and/or there is SDP approval 25 7. SFWMD and/or USACOE permit has been issued 25 8. A rezone or SDP application has been submitted 15 9. SFWMD and/or USACOE permit has been applied for 15 3. Vulnerability Total Score 100 0 4. Feasibility and Costs of Management 4.A Hydrologic Management Needs Possible points Scored points Comments 1. No hydrologic changes are necessary to sustain qualities of site in perpetuity 100 100 No known hydrologic changes necessary to maintain site characteristics. 2. Minimal hydrologic changes are required to restore function, such a cut in an existing berm 75 3. Moderate hydrologic changes are required to restore function, such as removal of existing berms or minor re-grading that require use of machinery 50 4. Significant hydologic changes are required to restore function, such as re-grading of substantial portions of the site, placement of a berm, removal of a road bed, culvert or the elevation of the water table by installing a physical structure and/or changes unlikley 0 5.A Total 100 100 4.B Exotics Management Needs Possible points Scored points Comments 1. Exotic Plant Coverage a. No exotic plants present 100 b. Exotic plants constitute less than 25% of plant cover 80 80 WilsonMiller has mapped approx half the 799 acres as having 10- 24% exotics. A small portion (half an acre) is mapped at 25- 49% exotics. Onsite inspections shows significant Brazilian pepper (Schinus terebinthifolius ) on all forest and pasture edges and within pasture "islands." Young BP are through out forested areas examined. Scattered Guava (Psidium cattleianum), tropical soda apple (Soalnum Viarum) and Ceasar weed (Urena lobata ) are also present. Wilson Miller's estimates still seem OK. c. Exotic plants constitute between 25% and 50% of plant cover 60 d. Exotic plants constitute between 50% and 75% of plant cover 40 e. Exotic plants constitute more than 75% of plant cover 20 maintenance effort and management will be needed (e.g., heavy infestation by air potato or downy rosemytle)-20 -20 BP will require significant removal and maintenance effort and is within a wetland so must be done by hand. g. Adjacent lands contain substantial seed source and exotic removal is not presently required -20 5.B Total 100 60 4.C Land Manageability Possible points Scored points Comments 1. Parcel requires minimal maintenance and management, examples: cypress slough, parcel requiring prescribed fire where fuel loads are low and neighbor conflicts unlikely 80 2. Parcel requires moderate maintenance and management, examples: parcel contains trails, parcel requires prescribed fire and circumstances do not favor burning 60 60 Exotic maintenance necessary in remote location, parcel contains trails that will require maintenance 3. Parcel requires substantial maintenance and management, examples: parcel contains structures that must be maintained, parcel requires management using machinery or chemical means which will be difficult or expensive to accomplish 40 4. Add 20 points if the mainenance by another entity is likely 20 20 Owner has offered to remove exotics at cost 5. Subtract 10 points if chronic dumping or trespass issues exist -10 0 none seen 5.C Total 100 80 4. Feasibility and Management Total Score 100 80 Sum of 5A, 5B, 5C, then divided by 3 Total Score 400 197 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 51 of 62 Exhibit T. Collier County Rural Lands Stewardship Overlay Land Use Matrix Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 52 of 62 Exhibit U. - Photographs Photo 1. Access point from Pepper Ranch Preserve Photo 2. Pasture on northern side of Area 1 – March 2009 (Left), February 2018 (Right) Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 53 of 62 Photo 3. Habitat type – Palm hammock with scattered oaks - Area 1 - 2009 Photo 4. Improved pasture 2018 - Area 1 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 54 of 62 Photo 5. Forest edge– Brazilian pepper 2018 – Area 1 Photo 6. Area 1 Pasture & forest canopy 2009 - mixed hardwoods and pines Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 55 of 62 Photo 7. Area 1 pasture and oil exploration pad site (Top pictures in 2009, Bottom in April 2021) Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 56 of 62 Photo 8. Area 1 stock pond 2018 Photo 9. Area 1 – Deer 2018 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 57 of 62 Photo 10. Area II – Cabbage palm 2018 Photo 11. Area II - existing trails through Area 2 – 2009 (Left), 2018 (Right) Photo 12. Area II – Edge between forested area and marsh wetlands – March 2009 (Left), February 2018 (Right) Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 58 of 62 Photo 13. Area II – Marsh overlook February 2018 Photo 14. Area II - Hog damage near edge of marsh 2009 Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 59 of 62 Photo 15. Area II – Listed Plant Species Photo 16. Area II – Listed wildlife Species Photo 17. Area II – Mixed wetland hardwoods with Cabbage palm intrusion Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 60 of 62 Photo 18. Area II – Native flowering plants - Blue flag Iris – Iris hexagonia Photo 19. Area 2 - Hydrologic indicator 2018 – flared trunk with watermark at 18 inches Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 61 of 62 Photo 20. Area 1 2018 Woodland pasture (along fence with Conservation Collier lands to the left Initial Criteria Screening Report Folio: currently undivided portions of 3 folios Name: Barron Collier Partnership LLLP Page 62 of 62 Photo 21. Area 1 (2021) pasture. Photo 22. Area 1 (2021) Very large Brazilian Pepper on fringe of vegetated areas. 26.A.7 Packet Pg. 205 Attachment: Preserve Updates_July 12 2021 (17519 : Land Acquisition Advisory Committee - July 12, Rattlesnake Hammock Pre serve 6371 Adkins Avenue,Naples,FL Conservation Collier staff hosted a Restoration We tland Planting volunteer event on June 19th.In total,30 volunteers participated,and 1,175 native plants went into the ground to spread and support the pollinators,fish,frogs,reptiles,mammals and birds that rely on this urban nature preserve.Some of the species planted include spikerush,scarlet hibiscus,sawgrass, pickerelweed,alligator flag,pond apple, laurel oak,blue flag iris,dahoon holly, mangrove spiderlily,maidencane,swamp lily,buttonbush,American beautyberry, Leavensworth tickseed and more! 26.A.7 Packet Pg. 206 Attachment: Preserve Updates_July 12 2021 (17519 : Land Acquisition Advisory Committee - July 12, Pe pper Ranch Pre serve 6315 Pepper Road,Immokalee,FL Conservation Collier staff conducted annual white-tailed deer surveys at Pepper Ranch Preserve from 5/24-6/2 Observations from this year ’s survey yielded: Average deer per night: 15 To tal Deer: 75 -Doe: 49 -Buck: 5 -Ye arling: 20 -Fawn: 1 Estimated 2021 Deer Population: 84 26.A.7 Packet Pg. 207 Attachment: Preserve Updates_July 12 2021 (17519 : Land Acquisition Advisory Committee - July 12, Dr. R obert H.Gore III Pre serve 4045 40th Ave SE,Naples FL Conservation Collier staff flagged, mapped, and oversaw the cutting of an additional half mile of trails through the Gore Preserve. This addition to the conceptual plan creates a 1.5 mile trail system through the preserve with future loops and linkages to the Cypress Cove trail planned. Conservation Collier staff completed an inspection of the 171.2 acre FWC IPMS funded exotics maintenance treatment completed this spring. To date, the entire preserve has received an initial exotics treatment and a follow-up maintenance treatment. 26.A.7 Packet Pg. 208 Attachment: Preserve Updates_July 12 2021 (17519 : Land Acquisition Advisory Committee - July 12,