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Agenda 09/13/2022 Item #16C14 (Conservation Collier Sale Agreement Timothy R. Johnson)09/13/2022 EXECUTIVE SUMMARY Recommendation to approve an Agreement for Sale and Purchase with Timothy R. Johnson & Jenett Johnson for a 1.14-acre parcel under the Conservation Collier Land Acquisition Program, at a cost not to exceed $30,600. OBJECTIVE: To purchase a 1.14-acre parcel near the Conservation Collier Panther Walk Preserve within the Horsepen Strand in North Golden Gate Estates. CONSIDERATIONS: On January 25, 2022, Agenda Item #11A, the Board of County Commissioners (Board) approved a Conservation Collier Land Acquisition Advisory Committee (CCLAAC) recommended Cycle 10 Active Acquisition List (AAL), with changes, and directed staff to actively pursue acquisition of the properties under the Conservation Collier Program. The Seller’s property contains 1.14 acres and is located within is located within Section 30, Township 47 South, Range 28 East near the Conservation Collier’s Panther Walk Preserve. The Panther Walk Preserve is located within the Horsepen Strand in North Golden Gate Estates, and the acquisition of this parcel serves to further complete the protection of environmentally sensitive lands within the Horsepen Strand. The approved Conservation Collier Purchasing Policy (Resolution 2007-300) requires if the estimated value of the property is less than $500,000.00, one appraisal report will be obtained, and the Offer Amount will be equal to the appraised value. In accordance with the Purchasing Policy, the purchase price of $30,000 was based upon one (1) independent, state-certified general real estate appraisal firm. The total cost to obtain appraisals for twenty-one (21) parcels in this area was $3,700. The CCLAAC approved this transaction on July 6, 2022 and voted to recommend Board approval and execution of the attached Agreement. Pursuant to Ordinance 2007-65, Section 13(8), a Project Design Report for the property is provided herewith. FISCAL IMPACT: The total cost of acquisition will not exceed $30,600 ($30,000 for the property, and approximately $600 for the title commitment, title policy, and recording of documents). The funds will be withdrawn from the Conservation Collier Trust Fund (172). As of September 13, 2022, property costs for Conservation Collier properties, including this property and those under contract, total $111,881,447. Estimated costs of maintenance in perpetuity for this and all Cycle 10 A-list properties have been considered by the CCLAAC and have been incorporated into the Conservation Collier Long Term Financial Management Plan that will ensure management of all Conservation Collier Preserves in perpetuity. The Initial costs of maintenance have been provided in the Project Design Report (PDR) attached. The average annual per acre maintenance cost for the first five (5) years (initial maintenance costs) is $245/acre including exotic vegetation removal. The FY23 costs for exotic vegetation removal for the subject property is estimated at $342. After initial restoration, the average maintenance costs by Conservation Collier are approximately $150 per acre. GROWTH MANAGEMENT IMPACT: Fee simple acquisition of conservation lands is consistent with and supports Policy 1.3.1(e) in the Conservation and Coastal Management Element of the Collier County Growth Management Plan. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires majority vote for approval. -RTT 16.C.14 Packet Pg. 1800 09/13/2022 RECOMMENDATION: That the Board of County Commissioners: 1) Approves the attached Agreement and accepts the Warranty Deed once it has been received and approved by the County Attorney’s Office; 2) Authorizes the Chairman to execute the Agreement and any and all other County Attorney’s Office approved documents related to this transaction; 3) Authorizes the County Manager or his designee to prepare related vouchers and Warrants for payment; and 4) Directs the County Manager or his designee to proceed to acquire this parcel, to follow all appropriate closing procedures, to record the deed and any and all necessary documents to obtain clear title to this parcel, and to take all reasonable steps necessary to ensure performance under the Agreement. Prepared by: Cindy M. Erb, Senior Property Acquisition Specialist, Facilities Management Division ATTACHMENT(S) 1. Signed Agreement Johnson (PDF) 2. Johnson-PDR-PWP (PDF) 3. Appraisal Report Johnson (PDF) 16.C.14 Packet Pg. 1801 09/13/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.C.14 Doc ID: 22941 Item Summary: Recommendation to approve an Agreement for Sale and Purchase with Timothy R. Johnson & Jenett Johnson for a 1.14-acre parcel under the Conservation Collier Land Acquisition Program, at a cost not to exceed $30,600. Meeting Date: 09/13/2022 Prepared by: Title: Property Acquisition Specialist, Senior – Facilities Management Name: Cindy Erb 08/02/2022 3:37 PM Submitted by: Title: Director - Facilities Maangement – County Manager's Office Name: Ed Finn 08/02/2022 3:37 PM Approved By: Review: Public Services Department Melissa Hennig Additional Reviewer Completed 08/02/2022 4:15 PM Parks & Recreation Olema Edwards Additional Reviewer Completed 08/02/2022 5:03 PM Facilities Management Jennifer Belpedio Manager - Real Property Completed 08/05/2022 10:25 AM Parks & Recreation Summer BrownAraque Additional Reviewer Completed 08/05/2022 3:30 PM Public Utilities Operations Support AmiaMarie Curry Additional Reviewer Completed 08/05/2022 4:47 PM Public Services Department Todd Henry Additional Reviewer Completed 08/09/2022 8:20 AM County Manager's Office Ed Finn Director - Facilities Completed 08/09/2022 9:01 AM Public Utilities Department Drew Cody Level 1 Division Reviewer Completed 08/10/2022 8:49 AM Public Utilities Department George Yilmaz Level 2 Division Administrator Review Skipped 08/10/2022 3:13 PM Public Services Department Tanya Williams Additional Reviewer Completed 08/15/2022 5:12 PM County Attorney's Office Ronald Tomasko Additional Reviewer Completed 09/06/2022 2:18 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 09/06/2022 2:21 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/06/2022 3:29 PM County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 09/06/2022 5:31 PM Board of County Commissioners Geoffrey Willig Meeting Pending 09/13/2022 9:00 AM 16.C.14 Packet Pg. 1802 CONSERVAT10N COLL ER TAX IDENTIFICAT10N NUMBER:38845560007 AGREEMENT FOR SALE AND PURCHASE THiS AGREEMENT is made and entered into by and be●veen TIMOTHY R.JOHNSON &JENETT JOHNSON,his wife,whose address is 4106 Autumnwood Dnve,A∥ington, TX 76016-4228,(hereinafter referred to as∥Seller'), and coLLIER COUNTY, a pOlitica!subdivision of the State of Florida, its successors and assigns,whose address is 3335 Tamiami Trail East,Sule 102,Naples, FL 34112,(hereinafter referred to as "Purchaser》 1/V!TNESSETH llVHEREAS, Se∥er is the owner of that certain parcel of real property(hereinafter referred to as"PЮ perty"),loCated in Co:lier County,State of Flo面 da,and being more particular!y described in Exhibit ∥Au, attached hereto and made a part hereof by reference llVHEREAS,Purchaseris desirous of purchasing the Property,subieCt tO the condlions and other agreements hereinafter set forth,and Se∥eris agreeable to such sale and to such conditions and agreements NOW,THEREFORE,and for and in consideration of the premises and the respective undertakings ofthe parties hereinafter set forth and the sum of Ten Do∥ars(S1000),the receipt and suttciency of which is hereby acknowledged,itis agreed as fo∥ows: : AGREEMENT 1 01 1n consideration of the purchase price and upon the terms and conditions hereinafter set forth, Se∥er sha∥se∥to Purchaser and Purchaser sha∥purchase from Se∥er the Property,descnbed in Exhib忙 "A" ∥ PAYMENT OF PURCHASE PRICE 2 01 The purchase price(the"Purchase Prlcem)for the Property sha∥be Thidけ Thousand Do∥ars and 00′100 do∥ars($30,000.00),(U S Currency)payable at time of closing lll CLOSING 3 01 The Closing (THE "CLOSING DATE∥, "DAttE OF CLOSING", OR "CLOSING")of the transaction shall be held on or before twO hundred and fOrty 霧 猟 Fと i憎 勘 鱗 !離 盤 ∫i∬∥艶 静 :謂 野 』藤 Tra∥ East, Naples, Florida The prOCedure to be fo∥OWed by the parties in connection With the C10sing sha∥be aSfO∥oWS: 3.011 Seller shall conveY a exceptions, or qualifi cations. marketable title free of any liens, encumbrances, Marketable title shall be determined according to 1 Ch° 16.C.14.a Packet Pg. 1803 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLLlER TAX lDENTlFICAT10N NUMBER:38845560007 3.03 Purchaser shall Property taxes shall allowance made for applicable exemPtions pay for the cost of recording the Warranty Deed' Real be'prorated based on the current year's tax with due .u*irm allowable discount, homestead and any other anO paiO by Seller. lf Closing occurs at a date which the applicable title standards adopted by the Florida Bar and in accordance with law. At the Closing, the Seller shall cause to be delivered to the Purchaser the items specified herein and the following documents and instruments duly executed and acknowledged, in recordable form: 3.01 11 Warranty Deed in favor of Purchaser conveying title to the Property, free and clear of all liens and encumbrances other than: (a) The lien for current taxes and assessments. (b) Such other easements, restrictions or conditions of record. 3.01 '12 Combined Purchaser-Seller closing statement. 3.0113 A "Gap," Tax Proration, Owner's and Non-Foreign Affidavit," as required by Section 1445 of the lnternal Revenue Code and as required by the title insurance underwriter in order to insure the "gap" and issue the policy contemplated by the title insurance commitment. 3.0114 A W-9 Form, "Request for Taxpayer ldentification and Certification" as required by the lnternal Revenue Service. 3.012 At the Closing, the Purchaser, or its assignee, shall cause to be delivered to the Seller the following: 3.0121 A negotiable instrument (County Warrant) in an amount equal to the Purchase Price. No funds shall be disbursed to Seller until the Title Company verifies that the state of the title to the Property has not changed adversely since the date of the last endorsement to the commitment, referenced in Section 4.01 1 thereto, and the Title Company is irrevocably committed to pay the Purchase Price to Seller and to issue the Owner's title policy to Purchaser in accordance with the commitment immediately after the recording of the deed. 3.0122 Funds payable to the Seller representing the cash payment due at Closing in accordance with Article lll hereof, shall be subject to adjustment for prorations as hereinafter set forth. 3.02 Each party shall be responsible for payment of its own attorney's fees. seller, at its sole cost and expense, shall pay at closing all documentary stamp taxes dle relating to the recording of the warranty Deed, in accordance with chapter 201 .01' FloridJ Statutes, and the cost of recording any instruments necessary to clear s"rieiL titr" to the Property. The cost of the owner's Form B Title Policy, issued ;;;;;*i io g," corritment provided for in Section 4 0'l 1 below' shall be paid bv irurchaser. The cost of the titie commitment shall also be paid by Purchaser. Ch° 16.C.14.a Packet Pg. 1804 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVATION COLLIER TAX IDENTIFICATION NUMBER: 38845560007 current year's millage is not fixed, taxes will be prorated based upon such prior year's millage. IV. REQUIREMENTS AND CONDITIONS 4.01 Upon execution of this Agreement by both parties or at such other time as specified within this Article, Purchaser and/or Seller, as the case may be, shall perform the following within the times stated, which shall be conditions precedent to the Closing; 4.011 Within fifteen (15) days after the date hereof, Purchaser shall obtain as evidence of title an ALTA Commitment for an Owner's Title lnsurance Policy (ALTA Form B-1970) covering the Property, together with hard copies of all exceptions shown thereon. Purchaser shall have thirty (30) days, following receipt of the title insurance commitment, to notify Seller in writing of any objection to title other than liens evidencing monetary obligations, if any, which obligations shall be paid at closing. lf the title commitment contains exceptions that make the title unmarketable, Purchaser shall deliver to the Seller written notice of its intention to waive the applicable contingencies or to terminate this Agreement. 4.012 lf Purchaser shall fail to advise the Seller in writing of any such objections in Seller's title in the manner herein required by this Agreement, the title shall be deemed acceptable. Upon notification of Purchaser's objection to title, Seller shall have thirty (30) days to remedy any defects in order to convey good and marketable title, except for liens or monetary obligations which will be satisfied at Closing. Seller, at its sole expense, shall use its best efforts to make such title good and marketable. ln the event Seller is unable to cure said objections within said time period, Purchaser, by providing written notice to Seller within seven (7) days after expiration of said thirty (30) day period, may accept title as it then is, waiving any objection; or Purchaser may terminate the Agreement. A failure by Purchaser to give such written notice of termination within the time period provided herein shall be deemed an election by Purchaser to accept the exceptions to title as shown in the title commitment. 4.013 Seller agrees to furnish any existing surveys of the Property in Sellels possession to Purchaser within 10 (ten) days of the effective date of this Agreement. Purchaser shall have the option, at its own expense, to obtain a current survey of the Property prepared by a surveyor licensed by the state of Florida. No adjustments to the Purchase Price shall be made based upon any change to the total acreage referenced in Exhibit "A," unless the difference in acreage revealed by survey exceeds 5% of the overall acreage. lf the survey provid-ed by Seller or obtained by Purchaser, as certified by a registered Florida surveyor, shows: (a) an encroachment onto the property; or (b) that an improvement located on the Property projects onto lands of others, or (c) lack of legal access to a public roadway, the Purchaser shall notify the seller in writirig of such encroachment, projection, or lack of legal access, and Seller shall have the option of curing said encroachment or projection, or obtaining legal access to ihe property fiom a public roadway, within sixty (60) days of reieipt of said written notice from Purchaser. Purchaser shall have ninety (90) Ch° 16.C.14.a Packet Pg. 1805 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLLIER TAX:DENTIFICAT10N NUMBER:38845560007 days from the effective date of this Agreement to notify Seller of any such objections. Should Seller elect not to or be unable to remove the encroachment, projection, or provide legal access to the property within said sixty (60) day period, Purchaser, by providing written notice to Seller within seven (7) days after expiration of said sixty (60) day period, may accept the Property as it then is, waiving any objection to the encroachment, or projection, or lack of legal access, or Purchaser may terminate the Agreement. A failure by Purchaser to give such written notice of termination within the time period provided herein shall be deemed an election by Purchaser to accept the Property with the encroachment, or projection, or lack of legal access. V. INSPECTION PERIOD 5.01 Purchaser shall have one hundred and twenty (120) days from the date of this Agreement, ("lnspection Period"), to determine through appropriate investigation that: 1. Soil tests and engineering studies indicate that the Property can be developed without any abnormal demucking, soil stabilization or foundations. 2. There are no abnormal drainage or environmental requirements to the development of the Property. 3. The Property is in compliance with all applicable State and Federal environmental laws and the Property is free from any pollution or contamination. 4. The Property can be utilized for its intended use and purpose in the Conservation Collier program. 5.02 lf Purchaser is not satisfied, for any reason whatsoever, with the results of any investigation, Purchaser shall deliver to Seller prior to the expiration of the lnspection Period, written notice of its intention to waive the applicable contingencies or to terminate this Agreement. lf Purchaser fails to notify the Seller in writing of its specific objections as provided herein within the lnspection Period, it shall be deemed that the Purchaser is satisfied with the results of its investigations and the contingencies of this Article V shall be deemed waived. ln the event Purchaser elects to terminate this Agreement because of the right of inspection, Purchaser shall deliver to Seller copies of all engineering reports and environmental and soil testing results commissioned by Purchaser with respect to the Property. 5.03 Purchaser and its agents, employees and servants shall, at their own risk and expense, have the right to go upon the Property for the purpose of surveying and conducting site analyses, soil borings and all other necessary investigation. Purchaser shall, in performing such tests, use due care. Seller shall be notified by Purchaser no less than twenty-four (24) hours prior to said inspection of the Property. VI. INSPECTION 6.01 Seller acknowledges that the Purchaser, or its authorized agents, shall have the right to inspect the Property at any time prior to the Closing'F16.C.14.a Packet Pg. 1806 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVATION COLLIER TAx IDENTIFICATION NUMBER: 38845560007 VII. POSSESSION 7.01 Purchaser shall be entitled to full possession of the Property at Closing. VIII. PRORATIONS 8.01 Ad valorem taxes next due and payable, after closing on the Property, shall be prorated at Closing based upon the gross amount of 2021 taxes, and shall be paid by Seller. IX. TERMINATION AND REMEDIES 9.01 lf Seller shall have failed to perform any of the covenants and/or agreements contained herein which are to be performed by Seller, within ten (10) days of written notification of such failure, Purchaser may, at its option, terminate this Agreement by giving written notice of termination to Seller. Purchaser shall have the right to seek and enforce all rights and remedies available at law or in equity to a contract vendee, including the right to seek specific performance of this Agreement. 9.02 The parties acknowledge that the remedies described herein and in the other provisions of this Agreement provide mutually satisfactory and sufficient remedies to each of the parties and take into account the peculiar risks and expenses of each of the parties. X. SELLER'S AND PURCHASER'S REPRESENTATIONS AND WARRANTIES 10.01 Seller and Purchaser represent and warrant the following: 10.01 1 Seller and Purchaser have full right and authority to enter into and to execute this Agreement and to undertake all actions and to perform all tasks required of each hereunder. Seller is not presently the subject of a pending, threatened or contemplated bankruptcy proceeding. 1 0.012 Seller has full right, power, and authority to own and operate the Property, and to execute, deliver, and perform its obligations under this Agreement and the instruments executed in connection herewith, and to consummate the transaction contemplated hereby. All necessary authorizations and approvals have been obtained authorizing Seller and Purchaser to execute and consummate the transaction contemplated hereby. At Closing, certified copies of such approvals shall be delivered to Purchaser and/or Seller, if necessary. 10.0'13 The warranties set forth in this paragraph shall be true on the date of this Agreement and as of the date of closing. Purchaser's acceptance of a deed io the said Property shall not be deemed to be full performance and discharge of every agreement and obligation on the part of the seller to be performed pursuant to the provisions of this Agreement. C●° 16.C.14.a Packet Pg. 1807 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLLIER TAX lDENTIFICAT10N NUMBER:38845560007 10.014 Seller represents that it has no knowledge of any actions, suits, claims, proceedings, litigation or investigations pending or threatened against Seller, at law, equity or in arbitration before or by any federal, state, municipal or other governmental instrumentality that relate to this agreement or any other property that could, if continued, adversely affect Seller's ability to sell the Property to Purchaser according to the terms of this Agreement. '10.015 No party or person other than Purchaser has any right or option to acquire the Property or any portion thereof. 10.016 Until the date fixed for Closing, so long as this Agreement remains in force and effect, Seller shall not encumber or convey any portion of the Property or any rights therein, nor enter into any agreements granting any person or entity any rights with respect to the Property or any part thereof, without first obtaining the written consent of Purchaser to such conveyance, encumbrance, or agreement which consent may be withheld by Purchaser for any reason whatsoever. 10.017 Seller represents that there are no incinerators, septic tanks or cesspools on the Property; all waste, if any, is discharged into a public sanitary sewer system; Seller represents that they have (it has) no knowledge that any pollutants are or have been discharged from the Property, directly or indirectly into any body of water. Seller represents the Property has not been used for the production, handling, storage, transportation, manufacture or disposal of hazardous or toxic substances or wastes, as such terms are defined in applicable laws and regulations, or any other activity that would have toxic results, and no such hazardous or toxic substances are currently used in connection with the operation of the Property, and there is no proceeding or inquiry by any authority with respect thereto. Seller represents that they have (it has) no knowledge that there is ground water contamination on the Property or potential of ground water contamination from neighboring properties. Seller represents no storage tanks for gasoline or any other substances are or were located on the Property at any time during or prior to Seller's ownership thereof. Seller represents none of the Property has been used as a sanitary landfill. 10.018 Seller has no knowledge that the Property and Seller's operations concerning the Property are in violation of any applicable Federal, State or local statute, law or regulation, or of any notice from any governmental body has been served upon Seller claiming any violation of any law, ordinance, code or regulation or requiring or calling attention to the need for any work, repairs, construction, alterations or installation on or in connection with the Property in order to comply with any laws, ordinances, codes or regulation with which Seller has not complied. 10.019 There are no unrecorded restrictions, easements or rights of way (other than existing zoning regulations) that restrict or affect the use of the Property, and there are no maintenance, construction, advertising, management, leasing, employment, service or other contracts affecting the Property' Ch° 16.C.14.a Packet Pg. 1808 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLLIER TAX IDENTlFlCAT10N NUMBER:38845560007 10.020 Seller has no knowledge that there are any suits, actions or arbitration, bond issuances or proposals therefor, proposals for public improvement assessments, pay-back agreements, paving agreements, road expansion or improvement agreements, utility moratoriums, use moratoriums, improvement moratoriums, administrative or other proceedings or governmental investigations or requirements, formal or informal, existing or pending or threatened which affects the Property or which adversely affects Seller's ability to perform hereunder; nor is there any other charge or expense upon or related to the Property which has not been disclosed to Purchaser in writing prior to the effective date of this Agreement. 10.021 Seller acknowledges and agrees that Purchaser is entering into this Agreement based upon Seller's representations stated above and on the understanding that Seller will not cause the zoning or physical condition of the Property to change from its existing state on the effective date of this Agreement up to and including the Date of Closing. Therefore, Seller agrees not to enter into any contracts or agreements pertaining to or affecting the Property and not to do any act or omit to perform any act which would change the zoning or physical condition of the Property or the governmental ordinances or laws governing same. Seller also agrees to notify Purchaser promptly of any change in the facts contained in the foregoing representations and of any notice or proposed change in the zoning, or any other action or notice, that may be proposed or promulgated by any third parties or any governmental authorities having jurisdiction of the development of the property which may restrict or change any other condition of the Property. 10.022 At the Closing, Seller shall deliver to Purchaser a statement (hereinafter called the "Closing Representative Statement") reasserting the foregoing representations as of the Date of Closing, which provisions shall survive the Closing. 10.023 Seller represents, warrants and agrees to indemnify, reimburse, defend and hold Purchaser harmless from any and all costs (including attorney's fees) asserted against, imposed on or incurred by Purchaser, directly or indirectly, pursuant to or in connection with the application of any federal, state, local or common law relating to pollution or protection of the environment which shall be in accordance with, but not limited to, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. Section 9601, et seq., ("CERCLA" or "Superfund"), which was amended and upgraded by the Superfund Amendment and Reauthorization Act of 1986 ("SARA"), including any amendments or successor in function to these acts. This provision and the rights of Purchaser, hereunder, shall survive Closing and are not deemed satisfied by conveyance of title. 10.024 Any loss and/or damage to the Property between the date of this Agreement and the date of Closing shall be Seller's sole risk and expense. Ch° 16.C.14.a Packet Pg. 1809 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVATION COLLIER TAX IDENTIFICATION NUMBER: 38845560007 XI. NOTICES 1 1.01 Any notice, request, demand, instruction or other communication to be given to either party hereunder shall be in writing, sent by facsimile with automated confirmation of receipt, or by registered, or certified mail, return receipt requested, postage prepaid, addressed as follows: lf to Purchaser: Summer Araque, Coordinator Conservation Collier Program With a copy to: Collier County Parks and Recreation Division Public Services Department Golden Gate Community Park 3300 Santa Barbara Blvd. Naples, Florida 34116 Cindy M. Erb, SRMA, Senior Property Acquisition Specialist Collier County Real Property Management 3335 Tamiami Trail East, Suite 102 Naples, Florida 34112 Telephone number: 239-252-89 17 Fax number: 239-252-887 6 Timothy & Jeneft Johnson 4106 Autumnwood Drive Arlington, fX 760164228 Telephone number: 817 -676-4047 Fax number: N/A 11.02 The addressees and numbers for the purpose of this Article may be changed by either party by giving written notice of such change to the other party in the manner provided herein. For the purpose of changing such addresses or addressees only, unless and until such written notice is received, the last addressee and respective address stated herein shall be deemed to continue in effect for all purposes. XII, REAL ESTATE BROKERS 12.01 Any and all brokerage commissions or fees shall be the sole responsibility of the Seller. Seller shall indemnify Purchaser and hold Purchaser harmless from and against any claim or liability for commission or fees to any broker or any other person or party claiming to have been engaged by Seller as a real estate broker, salesman or representative, in connection with this Agreement. Seller agrees to pay any and all commissions or fees at closing pursuant to the terms of a separate agreement, if any. XIII. MISCELLANEOUS 13.01 This Agreement may be executed in any manner of counterparts which together shall constitute the agreement of the parties. lf to Seller c!'o 16.C.14.a Packet Pg. 1810 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVATION COLLIER TAX IDENTIFICATION NUMBER: 38845560007 13.02 This Agreement and the terms and provisions hereof shall be effective as of the date this Agreement is executed by both parties and shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, personal representatives, successors, successor trustee, and assignees whenever the context so requires or admits. 13.03 Any amendment to this Agreement shall not bind any of the parties hereof unless such amendment is in writing and executed and dated by Purchaser and Seller. Any amendment to this Agreement shall be binding upon Purchaser and Seller as soon as it has been executed by both parties. 13.04 Captions and section headings contained in this Agreement are for convenience and reference only; in no way do they define, describe, extend or limit the scope or intent of this Agreement or any provisions hereof. 13.05 All terms and words used in this Agreement, regardless of the number and gender in which used, shall be deemed to include any other gender or number as the context or the use thereof may require. 13.06 No waiver of any provision of this Agreement shall be effective unless it is in writing signed by the party against whom it is asserted, and any waiver of any provision of this Agreement shall be applicable only to the specific instance to which it is related and shall not be deemed to be a continuing or future waiver as to such provision or a waiver as to any other provision. 13.07 lf any date specified in this Agreement falls on a Saturday, Sunday or legal holiday, then the date to which such reference is made shall be extended to the next succeeding business day. 13.08 Seller is aware of and understands that the "offer" to purchase represented by this Agreement is subject to acceptance and approval by the Board of County Commissioners of Collier County, Florida. 13.09 lf the Seller holds the Property in the form of a partnership, limited partnership, corporation, trust or any form of representative capacity whatsoever for others, Seller shall make a written public disclosure, according to chapter 286, Florida Statutes, under oath, of the name and address of every person having a beneficial interest in the Property before Property held in such capacity is conveyed to collier county. (lf the corporation is registered with the Federal securities Exchange commission or registered pursuant to chapter 517, Florida Statutes, whose stock is for sale to the general public, it is hereby exempt from the provisions of Chapter 286, Florida Statutes.) 13.10 This Agreement is governed and construed in accordance with the laws of the State of Florida. XIV. ENTIRE AGREEMENT l4.0lThisAgreementandtheexhibitsattachedheretocontaintheentire agreementbetweentheparties,andrnopromise'representation'warrantyor Ch° 16.C.14.a Packet Pg. 1811 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COし LIER TAX IDENTIFlCAT10N NUMBERi38845560007 covenant notincluded in this Agreement or any such referenced agreements has been oris being relied upon by either party No modification or amendment ofthis Agreement sha∥be of any force or effect unless made in writing and executed and dated by both Purchaser and Se∥er Tirne is ofthe essence ofthis Agreement lN llVl丁 NESS WHEREOF,the parties hereto have signed below Dated ProjecUAcquisition Approved by BCC: AS TO PURCHASER: AI FEST: BOARD OF COUNTY COMMISS10NERS CRYSTAL K KINZEL,Clerk ofthe COLLIER COUNTY,FLOR:DA Circul Court and Comptro:ler BY: , Deputy Clerk WILLIAM L. MCDANIEL, JR., Chairman Approved as to form and legality: Ronald T. Tomasko, Assistant County Attorney 10 C●° 16.C.14.a Packet Pg. 1812 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLLIER TAX lDENTIFICAT10N NUMBER1 38845560007 AS TO SELLER: DATED: llVITNESSES: 5、ぃら K′嶼ハ 」ENETT JOHNSON (Pnnted Name) 11 ぴ 6rD fk 16.C.14.a Packet Pg. 1813 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) CONSERVAT10N COLL ER TAX IDENTlFlCAT10N NUMBER:38845560007 EXHIB:丁 “A" PROPERTY IDENTIF!CAT:ON NUMBER1 38845560007 LEGAL DESCRIPT10N: THE VVEST 75 FEET OF THE EAST 150 FEET OF TRACtt N0 68, GOLDEN GATE ESTATES, UN!T 42, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT B00K 7, PAGE 27, OF THE PUBLIC RECORDS OF COLLIER COUNIY,FLORIDA 1 . 14 acres ぴ 16.C.14.a Packet Pg. 1814 Attachment: Signed Agreement Johnson (22941 : Conservation Collier - Panther Walk - Johnson) 1 Conservation Collier Land Acquisition Program Project Design Report Johnson Property Date: August 2022 Property Owner: Timothy R. Johnson & Jenett Johnson Folio(s): 38845560007 Location: GOLDEN GATE EST UNIT 42 W 75FT OF E 150FT OF TR 68 Size: 1.14 acres Appraised Value: $30,000 History of Project: Purpose of Project: Environmental Conservation – Conservation Collier Program Program Qualifications: This parcel is located in the southern section of the Horsepen Strand south of and adjacent to the Panther Walk Preserve. The Johnson parcel met the Initial Screening Criteria identified in the Conservation Collier Ordinance, No. 2007-65, as amended, including presence of native habitat, potential for nature-based recreational and educational opportunities, protection of water resource values and wetland dependent species habitat, presence of significant biological/ecological values, listed species habitat, connectivity, and restoration potential. Potential access for nature-based recreation, and enhancement of the aesthetic setting of Collier County This parcel offers access from 60th Ave NE off of Everglades Blvd – a paved public road. This property could accommodate seasonal outdoor recreation, particularly due to the proximity to the Panther Walk Preserve. Opportunities for protection of water resource values, including aquifer recharge, water quality enhancement, protection of wetland dependent species habitat, and flood control The parcel is part of the greater Horsepen Strand flow way and contains a portion of a freshwater marsh. This parcel is home to many wetland dependent species of flora and fauna. Property enhances and/or protect the environmental value of current conservation lands through function as a buffer, ecological link, or habitat corridor Selected for the “A” category, #1 priority, on the Active Acquisition List (AAL) by CCLAAC Selected for the “A” category, #1 priority, on AAL by BCC Purchase offer made to owners Offer Accepted 12/9/22 1/25/2022 6/20/2022 7/11/2022 16.C.14.b Packet Pg. 1815 Attachment: Johnson-PDR-PWP (22941 : Conservation Collier - Panther Walk - Johnson) 2 This parcel, when joined with many others, can protect the flow of both wildlife and water through the Horsepen Strand. Zoning, Growth Management and Land Use Overlays: The Panther Walk and Horsepen Strand project parcels are entirely within the Northern Golden Gate Estates. The zoning classification for all the parcels is Estates (E), a rural residential classification. There are no additional land use overlays applicable. Projected Management Activities: No hydrologic changes are necessary to maintain wetland characteristics on the project site. Projected management activities include the removal of invasive plants, the development of a Land Management Plan, and continued development of public access to selected portions of the preserve. Estimated Management Costs: Management Element 2023 2024 2025 2026 2027 Exotics $342 $228 $228 $228 $171 Signage $200 Total $542 $228 $228 $228 $171 SEE PAGES 3 AND 4 FOR AERIAL MAPS OF THE PARCEL. 16.C.14.b Packet Pg. 1816 Attachment: Johnson-PDR-PWP (22941 : Conservation Collier - Panther Walk - Johnson) 3 16.C.14.b Packet Pg. 1817 Attachment: Johnson-PDR-PWP (22941 : Conservation Collier - Panther Walk - Johnson) 4 16.C.14.b Packet Pg. 1818 Attachment: Johnson-PDR-PWP (22941 : Conservation Collier - Panther Walk - Johnson) 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com REAL ESTATE APPRAISAL REPORT PANTHER WALK PARCELS Residential Land 60th Avenue NE Naples, Collier County, Florida, 34120 PREPARED FOR: Mr. Roosevelt Leonard Real Property Management Collier County 3335 Tamiami Trail East, Suite 101 Naples, FL 34112 Client File: PO Number 4500216604 EFFECTIVE DATE OF THE APPRAISAL: June 5, 2022 DATE OF THE REPORT: June 10, 2022 REPORT FORMAT: Appraisal Report PREPARED BY: RKL Appraisal and Consulting, PLC RKL File Number: 2022-152 16.C.14.c Packet Pg. 1819 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) 4500 Executive Drive, Suite 230 Naples, FL 34119-8908 Phone: 239-596-0800 www.rklac.com June 10, 2022 Mr. Roosevelt Leonard Collier County 3335 Tamiami Trail East, Suite 101 Naples, FL 34112 Re: Real Estate Appraisal Panther Walk Parcels 60th Avenue NE, Naples, Collier County, Florida, 34120 Client File: PO Number 4500216604 RKL File Number: 2022-152 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 of the fee simple interest in the subject property. 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 appraisal also conforms with the appraisal regulations issued in connection with the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). The subject is a vacant residential land parcel of land containing an area of 1.14 acres, or 49,500 square feet. Low density residential with limited agricultural uses are permitted under the present Estates (E) zoning designation. The site was determined to be wetlands according to a March 2016 FDEP Informal Wetland Determination. According to the FDEP Geographic Information Systems (GIS), the entire parcel consists of Freshwater Forested/Shrub Wetland. According to Conservation Collier observations, the site is Cypress swamp and marsh. 16.C.14.c Packet Pg. 1820 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) Mr. Roosevelt Leonard Collier County June 10, 2022 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 Value Conclusion Market Value, As Is Fee Simple June 5, 2022 $30,000 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 RZ2984 rzucchi@rklac.com; Phone 239-596-0801 16.C.14.c Packet Pg. 1821 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS TABLE OF CONTENTS TABLE OF CONTENTS Summary of Important Facts and Conclusions ................................................................... 1 Introduction Information ..................................................................................................... 2 Subject Identification ...................................................................................................... 2 Current Ownership and Property History ....................................................................... 2 Appraisal Scope .............................................................................................................. 2 Client, Intended User, and Intended Use ........................................................................ 3 Definition of Market Value ............................................................................................. 3 Definition of Property Rights Appraised ........................................................................ 3 Purpose of Appraisal, Property Rights Appraised, and Dates ........................................ 3 Scope of Work ................................................................................................................ 4 Property Description and Analysis ..................................................................................... 5 Site Analysis ................................................................................................................... 5 Real Estate Taxes and Assessments .............................................................................. 10 Highest and Best Use .................................................................................................... 11 Sales Comparison Approach ......................................................................................... 12 Reconciliation ............................................................................................................... 17 Final Value Conclusion................................................................................................. 17 Certification ...................................................................................................................... 18 Assumptions and Limiting Conditions ............................................................................. 20 Addenda Appraiser Qualifications ....................................................................................... Addendum A Property Information ............................................................................................ Addendum B Comparable Data .................................................................................................. Addendum C 16.C.14.c Packet Pg. 1822 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS Page 1 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS GENERAL Subject: Panther Walk Parcels 60th Avenue NE, Naples, Collier County, Florida, 34120 Owner: Timothy R and Jenett Johnson Legal Description: Legal description shown in addenda of this report. Tax Identification: 38845560007 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 Land Area: Total: 1.14 acres; 49,500 square feet Flood Zone: Zone AH Zoning: E - Estates Highest and Best Use As Vacant Conservation or single-family development Exposure Time 6-12 months Marketing Period 6-12 months VALUE INDICATIONS Value Range of Comparables: $20,601 to $41,780 per acre Reconciled Value(s): As Is Value Conclusion(s) $30,000 Effective Date(s) June 5, 2022 Property Rights Fee Simple 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. 16.C.14.c Packet Pg. 1823 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS INTRODUCTION INFORMATION Page 2 INTRODUCTION INFORMATION SUBJECT IDENTIFICATION Subject: Panther Walk Parcels 60th Avenue NE, Naples, Collier County, Florida, 34120 Legal Description: Legal description shown in addenda of this report. Tax Identification: 38845560007 The subject is a vacant residential land parcel of land containing an area of 1.14 acres, or 49,500 square feet. Low density residential with limited agricultural uses are permitted under the present Estates (E) zoning designation. The site was determined to be wetlands according to a March 2016 FDEP Informal Wetland Determination. According to the FDEP Geographic Information Systems (GIS), the entire parcel consists of Freshwater Forested/Shrub Wetland. According to Conservation Collier observations, the site is Cypress swamp and marsh. CURRENT OWNERSHIP AND PROPERTY HISTORY Owner The owner of the property is Timothy R and Jenett Johnson. Sale History According to public records, the subject has not sold in the last three years. Current Listing/Contract(s): The subject is not currently listed for sale, or under contract. To the best of our knowledge, no other sale or transfer of ownership has occurred within the past three years, and as of the effective date of this appraisal, the property is not subject to an agreement of sale or option to buy, nor is it listed for sale. 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 16.C.14.c Packet Pg. 1824 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS INTRODUCTION INFORMATION Page 3 ● 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. 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 for 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, 7th ed. (Chicago: Appraisal Institute, 2022) 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, 7th ed. (Chicago: Appraisal Institute, 2022) PURPOSE OF APPRAISAL, PROPERTY RIGHTS APPRAISED, AND DATES The purpose of the appraisal is to estimate the market value of the fee simple interest in the subject property. The effective date of the subject appraisal is June 5, 2022. The date of inspection was June 5, 2022. The date of the report is June 10, 2022. 16.C.14.c Packet Pg. 1825 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS Page 4 SCOPE OF WORK The problem to be solved is to estimate the market value of the fee simple interest in the subject property. 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 has been identified by the legal description and the assessors' parcel number. 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 for the subject 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. Comments The individual sections of the report detail the additional research, confirmation, and analysis of relevant data. 16.C.14.c Packet Pg. 1826 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SITE ANALYSIS Page 5 PROPERTY DESCRIPTION AND ANALYSIS SITE ANALYSIS The following description is based on our property inspection and public records. Parcel ID Gross Land Area (Acres) Gross Land Area (Sq Ft) 38845560007 1.14 49,500 Land Summary SITE Location: The subject is located within Golden Gate Estates Unit No. 42 in an area known as Panther Walk Preserve. Current Use of the Property: Vacant residential parcel Shape: The site is roughly rectangular. Road Frontage/Access: The subject property has average access with frontage as follows: • 60th Avenue NE: 75 feet The site has an average depth of 660 feet. It is not a corner lot. Topography: The Panther Walk Preserve area contains high quality cypress wetlands and is part of the Horsepen Slough. 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 Water: None Adequacy: The subject's utilities are typical and adequate for the market area. Flood Zone: The subject is located in FEMA flood zone AH, which is classified as a flood hazard area. FEMA Map Number: 12021C 0235H FEMA Map Date: May 16, 2012 The subject is in a flood zone. The appraiser is not an expert in this matter and is reporting data from FEMA maps. Environmental Issues: The site was determined to be wetlands according to a March 2016 FDEP Informal Wetland Determination. According to the FDEP Geographic Information Systems (GIS), the entire parcel consists of Freshwater Forested/Shrub Wetland. According to Conservation Collier observations, the site is Cypress swamp and marsh. 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. 16.C.14.c Packet Pg. 1827 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SITE ANALYSIS Page 6 ZONING Zoning Code E - Estates Zoning Authority Collier County 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. Current Use Legally Conforming The subject is legally non-conforming in terms of size. 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 Aerial 16.C.14.c Packet Pg. 1828 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SITE ANALYSIS Page 7 FDEP Map Direct GIS Subject 16.C.14.c Packet Pg. 1829 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SITE ANALYSIS Page 8 Site Photographs 60th Avenue NE – Easterly (Photo Taken on June 5, 2022) 60th Avenue NE – Westerly (Photo Taken on June 5, 2022) 16.C.14.c Packet Pg. 1830 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SITE ANALYSIS Page 9 Site Photographs Typical Site View from 60th Avenue NE – Northerly (Photo Taken on June 5, 2022) Typical Site View from 60th Avenue NE – Northeasterly (Photo Taken on June 5, 2022) 16.C.14.c Packet Pg. 1831 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS REAL ESTATE TAXES AND ASSESSMENTS Page 10 REAL ESTATE TAXES AND ASSESSMENTS The property tax identification number and assessed value of the property for tax year 2021 are as follows: ASSESSED VALUES Tax Identification Number 38845560007 Land Assessed Value $16,530 Building Assessed Value $0 10% Assessment Cap -$10,911 Total Assessed Value $5,619 Total Assessment per Land Acre $4,945 Rates, Taxes, More Tax Rate 1.37% Ad Valorem Tax Amount $130 Special Assessment Amount $0 Special Assessment Comments None Total Tax Liability $130 Property Tax Comments The 2020 and 2021 taxes have been paid. The School Board millage is applied to the uncapped assessed value. The tax assessment for subject property is currently $4,945 per acre, or $14,546 per acre excluding the assessment cap. Based on our valuation analysis, the subject’s assessment appears low. 16.C.14.c Packet Pg. 1832 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS HIGHEST AND BEST USE Page 11 HIGHEST AND BEST USE Highest and Best Use As Vacant Conservation 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. 16.C.14.c Packet Pg. 1833 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SALES COMPARISON APPROACH Page 12 SALES COMPARISON APPROACH 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. Comparables Map 1 16.C.14.c Packet Pg. 1834 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SALES COMPARISON APPROACH Page 13 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 6/5/2022 30.0% Location % Adjustment $ Adjustment Acres % Adjustment $ Adjustment Environmental Issues % Adjustment $ Adjustment Shape % Adjustment $ Adjustment Zoning % Adjustment $ Adjustment Net Adjustments Gross Adjustments -25.0% $30,280 5.0% $23,120 -10.0% 10.0% -5.0% $23,464 $20,601$41,780$31,335 0%0% 5.8% 45% wetlands (Front) -$2,169 0% $0 2.73 5% 0% Rectangular Residential $0$0 -$10,093 -10%-25% 35% wetlands (Middle) $0 Rectangular Residential 0% $0 -25.0% 5.0%25.0% 5.0% Adjusted Acre Unit Price Residential $0 0% $0 Approximately 100% 2.27 $1,101 $0 Rectangular Rectangular 0% $0 Rectangular 1.14 $0 5% 3.7% $0 2.73 5% Similar 4.3% $22,019 0% Adjusted Acre Unit Price $22,347 Average Similar $21,120 Fee Simple Transaction Adjustments Adjusted Acre Unit Price $21,542 $39,474 Naples 60th Avenue NE 72nd Ave NE NaplesNaples $39,474 1.14 58th Ave NE 2.73 3/18/2022 $45,000$58,750 1.14 $21,542 2.27 Naples 3290 70th Ave NE 72nd Ave NE 3290 70th Ave NE Comp 2 $21,120 Panther Walk Parcels Land Analysis Grid Comp 1 Comp 4 3275 68th Ave NE Comp 5 58th Ave NE Comp 3 Similar 0% 98% wetlands $0 $1,117 Residential 0% Residential $0 $0 Residential $41,780 1.14 0%0% Approx 30% wetlands (Front) 0% -$10,445 0% Naples 1.14 Similar $0 0% -$4,642 95% wetlands $0 $0 Rectangular $0 -10%-25%0% 66th Ave NE Residential 66th Ave NE3275 68th Ave NE $43,860 2/24/2022 $20,167 5.8% $60,000 52nd Ave NE $50,000 Naples 3/18/2022 $55,000 Naples 1.14 57% wetlands (Middle) $21,686 1.59 $20,167 2.73 7.0% 3/3/2022 52nd Ave NE Comp 6 7.5% $37,736 Similar $37,736 $43,860 1.59 0% $40,374 Similar 0% 0% $0 0% $0 Rectangular $0 0% $1,084 $0 0% $0 25.0%15.0% 4/8/20226/5/2022 4/15/2022 $48,000 5.0% 0% $46,422 16.C.14.c Packet Pg. 1835 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SALES COMPARISON APPROACH Page 14 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 of the comparable sales were arm’s length transactions; therefore, no adjustments for conditions of sale are required. Economic Trends The following graph shows comparable residential land sales within the surrounding market area within the past six months. The graph indicates a significant upward trend in sales prices since December 2021 through the current date. However, it is noted this is unadjusted raw data and does not relate directly to the subject. The following table summarizes single family metrics within the subject's East Naples market area. East Naples is defined by NABOR as Zip Codes 34114, 34117, 34120, 34137 which consists generally of properties east of Collier Boulevard. 16.C.14.c Packet Pg. 1836 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SALES COMPARISON APPROACH Page 15 As shown, the median closed price has increased 29.6% April 2022 year to date. The average sales price increased 44.0% year to date. However, it is noted this is unadjusted raw data and does not relate directly to the subject. Based on the previous analysis and considering the increased demand for residential property in Southwest Florida, we have applied a 30.0% annual adjustment. Location The comparable sales are located within the immediate vicinity of Golden Gate Estates. No adjustments for location area required. Size Size and price per acre are typically inversely related; therefore Comparables 1, 2, and 6 are adjusted upward for their larger size. Environmental Issues The subject parcel is located within the Panther Walk Preserve area. The site was determined to be wetlands according to a March 2016 FDEP Informal Wetland Determination. According to the FDEP Geographic Information Systems (GIS), the entire parcel consists of Freshwater Forested/Shrub Wetland. According to Conservation Collier observations, the site is Cypress swamp and marsh. The comparable properties are all impacted by wetlands to varying degrees and adjusted appropriately. 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. 16.C.14.c Packet Pg. 1837 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS SALES COMPARISON APPROACH Page 16 Sales Comparison Approach Conclusion All of the value indications have been considered, and in the final analysis, Comparables 1, 2, 4, and 6 have been given most weight in arriving at my final reconciled per acre value of $25,000. 6 % Δ 2.15% -4.74% -7.24% Low: Number of Comparables:Unadjusted Adjusted $20,601 $41,780 $28,430 $43,860 $30,650 $20,167 Subject Size: High: Average: Reconciled Final Value: Reconciled Value/Unit Value: Indicated Value: $25,000 1.136 $28,409 $30,000 Land Value Ranges & Reconciled Values 16.C.14.c Packet Pg. 1838 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS RECONCILIATION Page 17 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 5, 2022, subject to the Limiting Conditions and Assumptions of this appraisal. VALUE CONCLUSIONS Appraisal Premise Interest Appraised Date of Value Value Conclusion Market Value, As Is Fee Simple June 5, 2022 $30,000 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 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 6-12 months. 16.C.14.c Packet Pg. 1839 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS CERTIFICATION Page 18 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. 16.C.14.c Packet Pg. 1840 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS Page 19 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 RZ2984 rzucchi@rklac.com; Phone 239-596-0801 16.C.14.c Packet Pg. 1841 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ASSUMPTIONS AND LIMITING CONDITIONS Page 20 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 responsibilit y 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 16.C.14.c Packet Pg. 1842 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ASSUMPTIONS AND LIMITING CONDITIONS Page 21 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. 16.C.14.c Packet Pg. 1843 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ASSUMPTIONS AND LIMITING CONDITIONS Page 22 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. 16.C.14.c Packet Pg. 1844 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ASSUMPTIONS AND LIMITING CONDITIONS Page 23 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. 16.C.14.c Packet Pg. 1845 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDA - APPRAISER QUALIFICATIONS ADDENDA 16.C.14.c Packet Pg. 1846 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM A - APPRAISER QUALIFICATIONS ADDENDUM A APPRAISER QUALIFICATIONS 16.C.14.c Packet Pg. 1847 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS 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. 16.C.14.c Packet Pg. 1848 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS 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: VP/Secretary/Treasurer: Region X Representative: Board of Directors: Gov. Relations Committee: 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 (2017 - 2019) Appraisal Institute Florida Gulf Coast Chapter (2017 - 2021) Appraisal Institute Florida Gulf Coast Chapter (2015 - 2021) Appraisal Institute National (2022) 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 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. 16.C.14.c Packet Pg. 1849 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM A - APPRAISER QUALIFICATIONS 16.C.14.c Packet Pg. 1850 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM B - PROPERTY INFORMATION ADDENDUM B PROPERTY INFORMATION 16.C.14.c Packet Pg. 1851 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) $ 0 $ 16,530 $ 0 $ 16,530 $ 10,911 $ 5,619 $ 16,530 $ 5,619 Collier County Proper ty AppraiserProperty Summar y Parcel No 38845560007 SiteAddress*Disclaimer Site City NAPLES Site Zone*Note 34120 Name / Address JOHNSON, TIMOTHY R=& JENETT 4106 AUTUMNWOOD DR City ARLINGTON State TX Zip 76016-4228 Map No.Strap No.Section Township Range Acres  *Estimated 2D31 340000 68 2D31 31 47 28 1.14 Legal GOLDEN GATE EST UNIT 42 W 75FT OF E 150FT OF TR 68 OR 684 PG 438 Millage Area 17 Millage Rates   *Calculations Sub./Condo 340000 - GOLDEN GATE EST UNIT 42 School Other Total Use Code 0 - VACANT RESIDENTIAL 4.889 8.7793 13.6683 Latest Sales Histor y (Not all Sales are listed due to Confidentiality) Date Book-Page Amount 04/01/77 684-438  2021 Certified Tax Roll (Subject to Change) Land Value (+) Improved Value (=) Market Value (-) 10% Cap (=) Assessed Value (=) School Taxable Value (=) Taxable Value If all Values shown above equal 0 this parcel was created after theFinal Tax Roll   16.C.14.c Packet Pg. 1852 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) Collier County Proper ty AppraiserProperty Detail Parcel No 38845560007 SiteAddress*Disclaimer Site City NAPLES Site Zone*Note 34120 Name / Address JOHNSON, TIMOTHY R=& JENETT 4106 AUTUMNWOOD DR City ARLINGTON State TX Zip 76016-4228 Permits (Provided for reference purposes only. *Full Disclaimer. ) TaxYr Issuer Permit #CO Date Tmp CO Final Bldg Type Land  #Calc Code Units 10 ACREAGE 1.14  Building/Extra Features  #YearBuilt Description Area AdjArea 16.C.14.c Packet Pg. 1853 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ADDENDUM C COMPARABLE DATA 16.C.14.c Packet Pg. 1854 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6334 Date 4/15/2022 Address 3290 70th Ave NE Price $58,750 City Naples Price per Acre $21,542 State Florida Financing Cash to seller Tax ID 39083360000 Property Rights Fee Simple Grantor Jason Tidwell Days on Market 73 days Grantee Chuong A. Ngo and Lien N. Nguyen Verification Source Natalie Perez Benitoa; Marzucco Real Estate 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 98% wetlands Comments 180' x 660' treed lot located along south side of 70th Avenue NE. Feb 2022 DEP report shows 2.67 acres of the lot is wetlands with only 0.06 acres of uplands along 70th Ave NE. Listed in Jan 2022 for $110,000 and reduced to $80,000 in Feb. 2022. Transaction Site Land Comparable 1 Golden Gate Estates Unit No. 46, East 180' of Tract 29 16.C.14.c Packet Pg. 1855 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6336 Date 4/8/2022 Address 72nd Ave NE Price $48,000 City Naples Price per Acre $21,120 State Florida Financing Cash to seller Tax ID 39085320006 Property Rights Fee Simple Grantor Ronald Stewart Days on Market 12 days Grantee Vanthuy, Alison, and Ryan Lieu Verification Source Paul Vacco; BHHS Florida Realty Legal Description Acres 2.27 Utilities Well, Septic Land SF 99,000 Topography Heavily Treed Road Frontage 150 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 95% wetlands Comments Site Transaction Land Comparable 2 150' x 660' heavily treed lot located along north side of 72nd Avenue NE. Feb 2022 DEP report shows 2.16 acres of the lot is wetlands with 0.11 acres of uplands along 72nd Ave NE. Listed in Feb 2022 for $55,000. Golden Gate Estates Unit No. 46, East 150' of Tract 49 16.C.14.c Packet Pg. 1856 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6337 Date 3/18/2022 Address 58th Ave NE Price $45,000 City Naples Price per Acre $39,474 State Florida Financing Cash to seller Tax ID 38848280009 Property Rights Fee Simple Grantor Charles E. Anderson, Jr and Linda Anderson Days on Market 1 year Grantee Jorge Armando Grizalez Martinez and Fressia Grizalez Verification Source Liz Appling; Royal Shell Real Estate Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Heavily Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues Approx 30% wetlands Land Comparable 3 75' x 660' heavily treed lot located along north side of 58th Avenue NE. Informal wetland determination dated March 2021 shows approximately 30% wetlands in the southern (front) portion of the site. Listed in Feb 2021 for $49,000. Site Comments Transaction Golden Gate Estates Unit No. 42, West 75' of Tract 95 16.C.14.c Packet Pg. 1857 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6338 Date 3/18/2022 Address 3275 68th Ave NE Price $50,000 City Naples Price per Acre $43,860 State Florida Financing Cash to seller Tax ID 39083240007 Property Rights Fee Simple Grantor Marla E. Hernandez Days on Market 7-8 months Grantee Oscar Castro Verification Source Edis Arevalo; Domain Realty Legal Description Acres 1.14 Utilities Well, Septic Land SF 49,500 Topography Heavily Treed Road Frontage 75 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 57% wetlands (Middle) Transaction Land Comparable 4 Site Comments 75' x 660' heavily treed lot located along north side of 68th Avenue NE. Informal wetland determination dated July 2021 shows 0.65 acres of wetlands located in the central portion of the site approximately 100' north of 68th Ave NE. Listed in July 2021 for $62,700 and reduced in August 2021 to $59,900. Golden Gate Estates Unit No. 46, West 75' of East 180' of Tract 28 16.C.14.c Packet Pg. 1858 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6339 Date 3/3/2022 Address 52nd Ave NE Price $60,000 City Naples Price per Acre $37,736 State Florida Financing Cash to seller Tax ID 38961440001 Property Rights Fee Simple Grantor Chris Krager and Julia Bachand Days on Market 8 days Grantee Laurentiu and Michaela Gherase Verification Source Bill Duffy, Jr; Premier Plus Realty Legal Description Acres 1.59 Utilities Well, Septic Land SF 69,300 Topography Heavily Treed Road Frontage 105 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 35% wetlands (Middle) 105' x 660' heavily treed lot located along south side of 52nd Avenue NE. Informal wetland determination dated Jan 2022 shows 0.55 acres of wetlands located in the central portion of the site approximately 150' south of 52nd Ave NE. Listed in Jan 2022 for $75,000. Comments Site Transaction Land Comparable 5 Golden Gate Estates Unit No. 44, West 105' of Tract 19 16.C.14.c Packet Pg. 1859 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson) PANTHER WALK PARCELS ADDENDUM C - COMPARABLE DATA ID 6341 Date 2/24/2022 Address 66th Ave NE Price $55,000 City Naples Price per Acre $20,167 State Florida Financing Cash to seller Tax ID 39147120005 Property Rights Fee Simple Grantor Durango Holding, LLC Days on Market 16 days Grantee Julian Loredo Mancilla Verification Source Angel Herrero Fuentes; Xclusive Homes LLC Legal Description Acres 2.73 Utilities Well, Septic Land SF 118,800 Topography Heavily Treed Road Frontage 180 Zoning Residential Depth 660 Zoning Type E - Estates Shape Rectangular Environmental Issues 45% wetlands (Front) Land Comparable 6 Transaction Site Comments 180' x 660' heavily treed lot located along north side of 66th Avenue NE. Informal wetland determination dated November 2018 shows 1.22 acres of wetlands located in the front portion of the site. Listed in Feb 2022 for $59,900. Golden Gate Estates Unit No. 47, East 180' of Tract 63 16.C.14.c Packet Pg. 1860 Attachment: Appraisal Report Johnson (22941 : Conservation Collier - Panther Walk - Johnson)