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GGELTC Agenda 05/12/2022 A G E N D A Golden Gate Estates Land Trust Committee Thursday, May 12, 2022 - 5:30 p.m. IFAS Extension 14700 Immokalee Road, Naples, Florida 34120 Committee Members Chairman: Jeff Curl Vice-Chairman: Carol Pratt Member: Annette Kniola Member: Jessica Harrelson Member: Sarah Huffman County Staff Michael Dowling: Collier County Real Property Management Ed Finn, Interim Director, Facilities Management Division Jennifer Belpedio, Manager, Real Property Management Section Roosevelt Leonard, Senior Review Appraiser ___ 1. Call to order 2. Approval of current agenda 3. Approval of the Meeting Minutes from February 28, 2022 4. Approval of Treasurer’s Report – NOT AVAILABLE 5. Updated on GAC Land Sales Board-approved sales for Michel Saadeh Parcel ID 41824360008 The W 180 feet of Tract 53, Unit No.95, Phase I, Parcel 71 3.92 acres Sale Price: $455,000 Parcel ID 37445840005 All of Tract, 89, Golden Gate Estates, Unit No. 17 Phase I, Parcel 13 4.62 +/- acres Sale Price: $180,000 Parcel ID 40749320001 The East 75 Feet of The East 150 Feet of Tract 116, Golden Gate Estates, Unit No. 78, Phase II, Parcel 45 1.17 +/- Acres Sale Price: $39,000 20.A.2 Packet Pg. 470 Attachment: Agenda - May 12, 2022 (22254 : Golden Gate Estates Land Trust Committee - May 2022) 6. Proposed Process for remaining parcels – procedure attached 7. Other Business 8. Public Comment 9. Next meeting – July – To be determined 20.A.2 Packet Pg. 471 Attachment: Agenda - May 12, 2022 (22254 : Golden Gate Estates Land Trust Committee - May 2022) Discussion for Proposed Procedure for Selling Remaining GAC Land Trust Properties May 5, 2022 • Per Board direction, return deposits and reject previous offers. • Per Board direction, prepare a more formalized notice of available properties (guidelines pursuant to Section 125.25, FS) as well as an enhanced marketing of properties. • Appraisals will be conducted by Real Property Management’s State-licensed appraiser along with several MAI appraisals that will be ordered to conduct a comparison/peer review to demonstrate any differences; five MAI appraisals have been ordered. • The appraisal values will be used by staff to establish the ‘minimum’ bid/reserve. • The highest bids/offers will be recommended for the Committee’s review and presented to the BCC for approval via Executive Summary. • The Board will ultimately approve or reject the bid and approve the sale of the property. 20.A.4 Packet Pg. 477 Attachment: Proposed Procedural Changes (22254 : Golden Gate Estates Land Trust Committee - May 2022)