Agenda 12/09/2025 Item #16B 8 (Execute the attached Developer Agreement with Silver Strand III, LLC, and Barron Collier Partnership, LLLP, (Developer)12/9/2025
Item # 16.B.8
ID# 2025-4630
Executive Summary
Recommendation to approve and execute the attached Developer Agreement with Silver Strand III, LLC, and Barron
Collier Partnership, LLLP, (Developer); to coordinate the Developer’s project with the design of the Camp Keais Road
and Immokalee Road roundabout project. (This item is a companion to Items 16A23, 17C, and 17D)
OBJECTIVE: To approve and execute the attached Development Agreement (DA) to coordinate the Developer’s
project with the design of the Camp Keais Road and Immokalee Road roundabout project.
CONSIDERATIONS: In 2022, the landowner for the Brightshore Stewardship Receiving Area (Brightshore) and the
County entered into a Developer Agreement (Brightshore Agreement), which was subsequently amended and restated in
2023 and 2025. These agreements anticipated the future design and construction of intersection improvements at Camp
Keais Road and Immokalee Road, including a proposed roundabout design, which is anticipated to begin in Fiscal Year
2026. Currently, the Developer is now pursuing development of their property. The Brightshore Agreement will
provide for an exchange of property necessary for that intersection improvement. The County and the Developer agree
that as part of this DA, the Developer will provide for up to five (5) acres for a future pond site within the ±12-acre
property in exchange for impact fee credits or cash at today’s appraised value of $23,000/acre. The value is based on
two (2) appraisal summaries and agreed to by the parties.
Upon completion of the land exchange (per the Brightshore Agreement) and 5-acre pond site dedication (per this DA),
all right-of-way for the intersection improvements will be secured, and any remaining land will be returned to the
Developer. The additional terms of this DA include that the Developer agrees to pay a one-time $200,000 fee and
provide $40,000 annually for capital improvements and ongoing maintenance of roadways within a ten (10) mile
distance of its mining operations at Silver Strand Mine.
This DA anticipates the current and future land uses of the development as well as the long-range transportation plans
for the County. Therefore, while the property is actively used for mining operations, the Developer will pay for
operational improvements at the project entrance and will maintain the pavement at the project entrance(s) and within
100’ of the entrance(s). Upon cessation of mining operations and redevelopment of the property to non-mining uses
such as residential/commercial property, the Developer agrees to pay its fair share of costs for the east leg of the Camp
Keais Road/Immokalee Road roundabout; be eligible for impact fee credits if a public road connecting to SR 29 is
provided to the County; and be required to construct sidewalks or provide payment in lieu of constructing sidewalks in
accordance with future residential/commercial development requirements of the property.
This item is consistent with the Collier County strategic plan objective to design and maintain an effective transportation
system to reduce traffic congestion and improve the mobility of our residents and visitors.
FISCAL IMPACT: All costs associated with the Development Agreement shall be borne by Silver Strand III LLC and
Barron Collier Partnership LLLP (Developer).
GROWTH MANAGEMENT IMPACT: This item meets the Collier County Growth Management Plan (GMP)
standards to ensure the adequacy and availability of viable public facilities. In addition, it is consistent with Objective 7
of the Transportation Element of the GMP by providing for safe and convenient access between adjoining properties and
encouraging safe and convenient traffic circulation within and between future developments.
LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires a majority vote of the Board
for approval. - CLD
RECOMMENDATION(S): To approve the attached Development Agreement and authorize the Chair to execute the
Amendment on behalf of the Board.
PREPARED BY: Lorraine Lantz, Transportation Planning Manager, Capital Project Planning, Impact Fees and
Page 3573 of 9661
12/9/2025
Item # 16.B.8
ID# 2025-4630
Program Management Division
ATTACHMENTS:
1. Development Agreement
2. Location Map
Page 3574 of 9661
DEVELOPEME NT AGRE,EMENT
Silver Strand Mine
THIS DFIVELOPEMENT AGREEMENT (hereinafter referred to as the
"Agreement") is made and cntered into this _ of _,2025,by and among Silver
Strand III, LLC, a Irlorida limited liability company (hereinafter referred to as the "Landowncr"),
Barron Collier Partnership LLLP, as successor by merger to Barron Collier lnvestments l-td
("Baron Collier") and Collier County, Florida, a political subdivision of the State of Florida
(hereinafter referred to as "County").
RIi(]I'I'ALS:
WHEREAS, Hogan Farms LLC and Collier County entered into a Reslated Developer
Agreement for Brightshore Stewardship Receiving Area dated July 8, 2025 and recorded in
Official Records Book 6488 page 610 et seq. C'Brightshore DCA");
WHEREAS, Paragraph l0 ofthe Brightshore DCA provides for the exchange of llogan
Farms LLC property ("t,and Swap") for County property along Camp Keais Road to allow for the
realignment of the intersection of Camp Keais Road and Immokalee Road;
WHEREAS, the Landowner is seeking approval of a conditional use, Petition No.
I'1,20220001634 (the "Conditional Use"), to opcrate a mine on approximately 204 acres (the
"Project") within a larger 3,937.88+ acres tract of land (also owned by Landowner), such larger
tract of land being located between State Road 29 to the East, Camp Keais Road and lmmokalee
Road to the west and Stockade Road to the Northwest, in Sections 13, 14, 15, 22,23,24 and27.
Township 47 South, Range 29 East, Collier County (hereinafter referred to as the "Development");
and
WHEREAS, Barron Collier owns additional land in close proximity of the Development;
WHEREAS, the County may desire to extend, expand or improve Immokalee Road in the
future. and create a roundabout at the approximate intersection ofCamp Keais Rd and lmmokalee
Rd (the "lntersection"); and
WHEREAS, Barron Collier is willing to reserve rightof-way for future improvements to
hnmokalee Road.
WHEREAS, in lieu of setting forth the below commitments in the Conditional Use
approval, the parties wish to enter into this Agreement as a companion agreement to the
Conditional Use approval, which would allow for an easier amendment of these commitments
should circumstances dictate.
wtl NussErH
NOW, THEREFORE, in consideration of Ten Dollars (10.00) and other good and valuabie
consideration exchanged amongst the parties, and in consideralion of the covenants contained
herein, the parties agree as follows:
12 s : t Ro -00420 I 197 2 1 02/ t)t 6
9-16-25
CAO
Page 3575 of 9661
Commitments
2. At time ofexecution oithis Agreement, Barron Collier agrees to set aside and
reserve tlre l2-acre parcel south of Immokalee Road in Section 21, Township 47 South and Range
29 East, as shown on Exhibit A (the "Pond Reservation"), for the County to utilize as a
Transportation Pond Site for stormwater treatment and attenuation for future lmmokalee Road
improvements. Barron Collier shall convey 5 acres (the "Pond Parcel") ofthe Pond Reservation
to Collier County in fee simple, free and clear of all liens and encumbrances, by warranty deed
within sixty (60) days of the County's written request, in the form attached as Exhibit B (but
subject to prior reservations of record). The County's written request will include the legal
description ofthe Pond Parcel. Barron Collier will be responsible for paying any and all costs of
any title work and searches and shall be responsible for all costs for promptly removing or curing
any liens, encumbrances on deficiencies revealed in any title work (but it is expressly agreed that
with respect to any prior reserved oil, gas and mineral rights, Barron Collier's only obligation shall
be to obtain a release of the surface entry rights (if applicable)). Barron Collier will promptly
provide the Office ofthe County Attorney with an executed deed, suitable for recording. Upon
receipt, the County shall assume all costs associated with the recordation of the deed. When the
Land Swap and Pond Parcel conveyances are complete, the Pond Reservation will terminate.
3. At the time Collier County completes the final design ofthe future Immokalee Road
improvements and identifies the proposed rightof-way needs within I mile of the proposed
roundabout or other improvements at the Intersection, l]arron Collier agrees to work in good faith
10 set aside and ultimately convey right-of-way, including the Pond Parcel, in exchange lor
swapped land, impact fee credits, or cash at $23,000 per acre, based on the 2025 appraisal
summaries prepared by Carroll & Carroll and RKL Appraisers, copies of which are attached as
Exhibit D. Collier County agrees to vacate and convey any existing rightof-way not required by
the future improvements back (o the adjacent property owners for the same per acre value.
Notwithstanding the above, it is the intent of both parties to make these conveyances consistent
with Paragraph t 0 of the Brightshore DCA recorded in OR B K 6488 PG 6 I 0. 'l'o the extent any
portion ofthe right-of'-way to be conveyed under this Agreement is associated with the realignment
ofthe inlersection of Camp Keais Road and Immokalee Road, as described in Paragraph l0 ofthe
Ilrightshore DCA recorded in OR UK 6488 PG 610, such right-of-way shall be exchanged for an
equal amount ofacreage ofthe County's Camp Keais Road property and shall not be eligiblc for
road impact fee credits or cash compensation. Allother right-of-way afterthe swap shall be eligible
lbr compensation of$23,000 per acre or impact fee credits.
4. ln lieu ofthe requirements set forth in Section 22- I I I (a)(3)(11 ofthe Collier County
Code of Laws and Ordinances, the Landowner agrees to pay a one-time $200,000 fee prior to the
prcconstruction meeting lor the excavation permit and $40,000 annually (due on the anniversary
ol'the preconslruction meeting) for mitigation o{'adverse impacts to the roadways for the duration
of any active mining activities occurring under excavation permits issued for the Silver Strand
M ine. The fees in this Paragraph are intended to cover capital improvements/ongoing maintenance
ol'roadways that may be impacted by the Project's vehicles within a l0-mile distance ofthe Projcct
entrance. Thesc fees also eliminate the nced for a "pre-haul roadway inspection" with the Collier
County Maintenance Division at the t;me of prc-construction.
125- r'Ro-00420/1972102/rlr6 2
9-t6-25
CAO
l. All of the above RECIIALS are true and correct and are hereby expressly
incorporated herein by reference as if set lorth fully below.
Page 3576 of 9661
5. lhe l,andowner will maintain the public road(s) at the Project entrance(s) ofthe
Silver Strand Minc, as shown on the Conceptual Site Plan for the conditional use
(PL20220001634) which is attached hereto as Flxhibit C, and within I 00' ofthe Project entrance(s)
while the Project is operated as an active mine.
6. l,andowner may participate in thc review of schematic designs for the Camp Keais
Rd/lmmokalee Rd roundabout, and the County will allow the Landowner to participate in thc final
roundabout design for the future roadway to the east, The County may consider Landowner's
comments and will select the final design in its sole discretion.
7. At time of Site Development Plan, Landowner will construct and pay for
operational access improvenrents required by the County at each entrance to the Silver Strand Mine
(PL20220001634), as shown in Exhibit C and located within the Project, including but not limited
to site improvements such as turn lanes.
10. Landowner will not be required to provide sidewalk(s), or payment in lieu, per LDC
Section 6.06.02 for the Silver Strand mining Project. Sidewalks will be required at future
residential, commercial, or other non-mining development of the Development.
ll. Landowner will not be required to provide compensating right-of-way per LDC
Section 6.06.01.H.3 for tum lanes providing access to the Silver Strand mining Project
(PL20220001634). ln the event that roadside swales or other improvements are required to be
relocated into the Development property to construct the turn lanes required for the mining project,
Landowner will grant a temporary drainage and access easement to the County to allow the County
to operate and maintain the roadside swales or other improvements located within the
Development property. Thc temporary drainage and access easement will expire upon the County
completing permanent roadway improvements at Immokalee Road and Camp Keais Road.
12. The l,andowner and Barron Collier agree to support and cooperate fully in thc
addition of a future public road right-of-way in the area of the Camp Keais Road - Immokalee
Road Intersection and connecting to SR 29, as generally shown on the Conceptual Site Plan lor
the conditional use (PL20220001634) for the Silver Strand Mine, attached as Exhibit C. 'l he final
alignment and width of the right-of-way will be determined no later than at the time the Silver
Strand Mine Project is developed as a Stewardship Receiving Area through the Rural Lands
lI2s-1'RO-00420/l 9721 02lt I I 6
9-t6-25
8. Il, the Collier County Transpo(ation Managemcnt Services staffdetermine that, a
traffic signal, or other traffic control device, sign or pavement marking improvement within a
public right-of-way at the Project entrance(s) of the Silver Strand Mine property is necessary.
Landowner will pay its fair share ofthe cost oftraffic signals including the cost to design, permit
and construct such improvement, within 60 days ofthe County's written request.
9. Within 60 days ofwritten request by County, Landowner agrees to pay its fair share
of the road improvement costs fbr the east leg of the Camp Keais Road/Immokalee Road
roundabout including but not limited to travel lanes, tum lanes and sidewalks as soon as thc
Development is permitted {br non-mining purposes. The fair share will be based on the percentage
ofDevelopment trafTic compared to through public traffic calculated at the time the Development
is going through the Stewardship Receiving Area approval process.
CAO
Page 3577 of 9661
Stewardship Area program. Developer will receive Road Impact Fee Credits or cash for any
conveyance ofland from Developer to Collier County for the public road connecting Immokalee
Road to SR 29 which will be by separate agreement; however, it is agreed that the value of the
property conveyed to the County shall be equal to the appraised value ofthe property before any
rczone or change in use. The appraisal will be done by the Landowner and subjcct to approval by
the County.
13. Landowner, on behalf of itself, its successors and assigns (including any and all
future owners and tenants, both commercial and residential, within the Devclopment) hereby
waives any and all claims for compensation and damages, including but not limited to future
business damages, and loss of access, from Collier County as a result of the future construction
activities.
14. All Road lmpact Iree credits identified herein shall run with the Development and
shall be aulomatically reduced by the cntire amount ofeach Road Impact Fee due for each Building
Permit issued thereon until the [)evelopment is either completed or the credits are exhausted or
olherwise assigned. Any assignments of Road lmpact I'.ees shall be govemed by the Collier
County Consolidated Impact Fee Ordinance, as amended {'rom time to time.
15. This Agreement shall not be construed or characterized as a development agreement
under the Florida Local Government Development Agreement Act.
16. The burdens of this Agreement shall be binding upon, and the benefits of this
Agrcement shall inure to, all assigns successors in interest to the parties to this Agreement. The
tcrm "l,andowner" shall include all of Landowner's assigns and successors in interest.
17. Landowner acknowledges that the failure ofthis Agreement to address any permit,
condition, term or restriction shall not relieve either the applicant or owner or its successors or
assigns, of the necessity of complying with any law, ordinance rule or regulation goveming said
permitting requirements, conditions, terms or restrictions.
18. In the event state or federal laws are enacted after the execution ofthis Agreement.
which are applicable to and preclude in whole or in part the parties' compliance with the terms of
this Agreement, then in such event this Agreement shall be modified or revoked as is necessary to
comply with such laws, in a manner which best reflects the intent of this Agreement.
19. Landowner shall execute this Agreement prior to it being submitted for approval
by the Board of County Commissioners. This Agreement shall be recorded by the County in the
Official Records of Collier County, Florida, within fourteen (14) days after the Effective Date.
l,andowner shall pay all costs of recording this Agreement. The County shall provide a copy of
the recorded document to the Landowner upon request.
20. ln the event ofany dispute under this Agreement, the parties shall attempt to resolve
such dispute first by means ofthe County's then-current Altemative Dispute Resolution Procedure,
if any. Following the conclusion of such procedure, if any, cither party may file an action for
I
CAO
L2 s -T RO-00420 / | 97 71 02/ tlt 6
9-16-25
Legal Matte rs
Page 3578 of 9661
injunctive relief in the Circuit Cou( of Collier County to enforce the terms of this Agreement, and
remedy being cumulative with any and all other remedies available to the parties for the
enforcemcnt of the Agreement.
2l . I-)xcept as otherwisc providcd hcrein, this Agreement shall only be amended by
mutual written consent ofthc parties hereto or by their successors in interest. All notices and other
corrmunications required or pennitted hereundcr (including County's option) shall be in writing
and shall be sent by Certified Mail, retum receipt requested, or by a nationally rccognized
ovemight delivery service, and addressed as follows:
To l,andowner:
Collier County Manager's Office
3299 'larniami Trail East, Suite 202
Naples, FL 34112-5746
Silver Strand I II, LLC
2600 Golden Gate Parkway
Naples FL 34 | 05
To Barron Collier:
Baron Collier Partnership I,LLP
2600 Golden Gate Parkway
Naples FL 34105
22. This Agreement, together with the Conditional Use, constitutes the entire
agrcement between the parties with respect to the activities noted herein and supersedes and takes
the place ofany and all previous agreements entered into between the parties hereto relating to the
transactions contemplated herein. All prior representations, undertakings, and agreements by or
between the parties hereto with respect to the subject matter of this Agreement are merged into,
and expressed in, this Agreement, and any and all prior representations, undertakings, and
agreements by and between such parties with respect thereto hereby are canceled.
23. Nothing contained herein shall be deemed or construed to create between or among
any of the parties any joint venture or partnership nor otherwise grant to one another the right,
authority or power to bind any other party hereto to any agreement whatsoever.
RH,MAINDER OII PAGE INTENTIONALLY LEI.'T BI,ANK
SIGNAI'URE PACE TO FOI,I,OW
)[25-TRO-00420/ 1972102/l ] l6
9-16-25
CAO
'l'o Countv:
Page 3579 of 9661
Page 3580 of 9661
Page 3581 of 9661
LAND OWNER: SILVER STRAND PARTNERSHIP
5 ACRE FUTURE POND RESERVATION SITE
Legend
5 ACRE FUTU RE POND
RESERVATION SITE:
TO BE TOCATED WITHIN
+/-12 ACRES DEPICTED
(Remaining land to be retained
by Developer)
EXHIBIT DESC:
5 ACRE FUTURE POND RESERVATION SITE
NOTES: SOURCES: COLLIER CO UNTY GEOGRAP,IIC INFORMAiON SYSTEMS (2025)
-{"=N'A|FY#+E
2600 Gold.n Gato Par' ay
Nsl... FL 3a105
)
PROJECTI
SIIVER STRAT{D MINE
LOCATION:
EAST OF IMMOXATEE RD, WESTOF SR 29
CLIENT:
SILVER STRA{D III PARTNERSHIP
Em
E
l-
a
t
J
m r.'**T-'
-:,,' i..:._ l J
I N-
i.,
Page 3582 of 9661
Exhibit B
WARRANTY DEED
THIS WARRANTY DEED made lhis _ day of 20_, by,
whose post otfice box is, (hereinafter referred to as "Grantod) to COLLIER COUNTY, a
political subdivision of the,Stale of Florida, whose post ofrice address is 3299 Tamiami
Trail East, c/o the Office of the County Attorney, Suite 800, Naples, Florida 34'l 12
(hereinafter referred to as "GIentep''),
(Wherever used herein the terms "Grantod'and ''Grantee'' include all the parties
to this instrument and their respective heirs, legal representatives, successors and
assigns. Granlor and Grantee are usdd for singular or plural, as lhe conterl requires.)
WITNESSETH: That the Grantor, fot and in consideration of the sum of Ten
Dollars ($'10.00) and other valuable conrideration, receipt whereof is hereby
acknowledged, hereby grants, bargains, sells,.aliens, remises, releases, conveys and
confirms unto the Grantee, all that certain la.nd situate in Collier County, Florida, to wit:
See attached Exhibit 'A" yvhich is
incorporated herein by refe.,rcn ge.
This prope(y was nol acquired by the County pursuant tt a petition in eminent domain
regarding said property and is not subiect to the restrictions imposed by Section 73.013,
Florida Statutes.
Subject to easements, reslrictions, and reservatiohs olrrecord.
THIS HOMESTEAD PROPERTY
TOGETHER with all the tenements, hereditaments and appurtenances thereto
belonging or in anywise appertaining.
TO HAVE AND TO HOLD the same in fee simple forever.
AND the Grantor hereby c.ovenants with said Grantee lhat the Grantor is lawfully
seized of said land in fee simple; thal the Grantor has good right and lawful authority to
sell and convey said land; that the Grantor hereby fully warrants the title to said land
and will defend the same against the lawful claims of all persons whomsoever; and that
said land is free of all encumbrances except as noted above.
PROJECT:
PARCEL:
FOLIO:
CAOPage 3583 of 9661
lN WITNESS WHEREOF, the said Grantor has signed and sealed these
presents the day and year first above written.
WITNE
(Signature)
(Print Full Name)
(Signature)
(Print Fu ll Name)
(S ig n atu re)
(Print Full Name)
(Signature)
f,
(Print Full Name)
STATE OF
The foregoing Warranty Deed was acknowledged before20_, by _,
_-
-
is personally known to me
COUNTY OF
OR
-.
produced
identity.
day of
AS proof of
(affix notarial seal)
Last Rensedi 10/15/10
(Signature of Notary Public)
CAO
)
.)
. ',.).
) ,z'.
(-
,)
it
m9 (nig _who ..'' )
Page 3584 of 9661
STATE OF
COUNTY OF
The foregoing
_ is personally
OR
_ produced
identity.
Approved as to form and legality:
Assistanl County Attorney
(Print Name of Notary Public)
Serial / Commission # (if any):--
My Commission Expires:
was acknowledged before me this _ day of
who:
AS proof of
of Notary Public)
Name of Notary Public)
ission # (if any):_
n Expires:
./' \I tl
,t,
-/ -.
- r\'? t,
/
_/
Lasl Revised '10/15/10
CAO
2o-___"=, hy
(affix notarial saal\ ,l ,
,l
Page 3585 of 9661
Exh it
LEGEND
tv
(SEE NOTE
'3)
200, LF 20 TYPE 'c'
LANOSCAPE BUFFER
SUEJECTTO
NTERNAL ACCESS ORIVE
(lYP)
1228I LF 10'TYPE'A
(SEE NOTE +3)
POTENTIAL FUTURE PTI
OFFICES AND SCALE
HOUSE
(SEE SHEET 03)
OUTDOOR STORAGS EOUIPMEMT/MINING
OFERATIONS
PITOFF]CES ANO SCALE
HOUSE
(SEE SHEET 03)
POTENTIAL FUIURE
CONNECTION TO SR29
INGRESS/EGRESS TO
COOE, REOUIRED BUFFER,
SUAJECTTO CONOiTION'2C
x
zoNt ZONINA GARDEN WALK VILLACE PUO
LAND USE:UNDEVELOPEoCOUNTYLto &
E ZONINGT A1VHO
LANO USE:
zoNtNG t,Mlro
.AND USE:
RESI
ZONING:A-MHO
LAN0 USE: RESIDENIIA!
ZONING:r-rro RLSAO
IANO llSE: AGRICULTURAL
zoNlNG a-i,t o Rrsro
LANO USE: AGRICULTURAL
PROPERry BOUNDARY
PROJECT BOUNDARY
CODE.REOI]IREDBUFFER,
SUBJECI TO CONDMON #20
LAKE (OUARRY
EXCAVATION AREA)
co EXTERNAL ACCESS
{x,'+.F."*F.SILVER STRAND
IVINE
CONCEPTUAL SITE
PLAN
oBsnss.6lc: 1.3000
Fl. Nama
P-SS03-00r,001
x17-1
I
SILVER STRAND III, LLC
o
o
80s1LF20 ryPE'.C,
ZON NG. A.T'HO
LAND USE AGRICULTURAL
-t
Page 3586 of 9661
68938 Report
Exhibit D
Summary of Important Data & Conclusions
SUMMARY OF IMPORTANT DATA AND CONCLUSIONS
This information is summarized only for convenience, The value given is the final, rounded
conclusion of the appraisal. To use this summary without first reading the appraisal report
could be misleading.
PROPERTY INFORMATION
Property Identification
Property Description
Silver Strand III Parcel
439.0O-acres located along Immokalee Road
Immokalee, FL 341,42
A 439.00-acre parcel located at the southeast comer of
Immokalee Road and Stockade Road in Immokalee, Florida.
Vacant Land
Barron Collier Partnership, LLLP and Silver Strand III, LLC
A1l of Parcel#001377601,03 and a portion of 00137540003 and
00138120001
CLIENT INFO & VALUE CONCLUSIONS
Client
Appraisal Effective Date
Date of Report
Date of Inspection
Purpose of Appraisal
Estate Appraised
Interest Appraised
Estimated Market Value
Collier County Transportation Management Services
Department
To assist in negotiation and decision-making purposes.
Collier County Transportation Management Services
Department, the Collier County Board of County
Commissioners, and Barron Collier Companies.
January 8,2025
March9,2025
January 8,2025
Estimate market value "As Is"
Fee Simple
1o0o/o
(439.00 Acres x $22,000/Acre) $9,660,000
Concluded Unit Value $22,000 Per Gross Acre
GENERAL INFO
Appraiser
Scope of Work
Timothy W. Sunyog, MAI
State-Certified General Appraiser RZ 3288
All applicable approaches to value were developed.
EXTRAORDINARY ASSUMPTIONS AND LIMITING CONDITIONS
None
Carroll & Carroll
HYPOTHETICAL CONDITIONS
CAO
None
I
Property Type
Owner of Record
Property ID #
Intended Use
Intended Users
Page 3587 of 9661
SII VFR S,I.RAND III SWAP PARCFI,
Suunr,tRy oF IMpORTANT FAC'rs lNn CoNcI-ustoNS
GENitRAL
Subjcct:
Orvner:
Legal I)escription:
'Iax Idcntification:
Intended Use:
lntended t.lscr(s):
Silver Strand III Swap Parcel
2000 Camp Keais Road, lmmokalee,
Collier County, Florida" 34142
Barron Collier Partnership, LLLP and Silver Strand lll, LLC
To be determined.
Portions of 00137640003 and 00138120001 and all of
00137760103
The intended use is for negotiation and decision-making
PUrposes.
Collier County Board of Counfy Commissioners (County) and
Barron Collier Companies (Barron Collier)
I'RoPURTY
Land Arca:
Flood Zone:
Zoning:.
Future Land Use:
Highest and Best Use
As Vacant
Total: 439.00 acres; 19,122,840 square feet
AH with some AE and minimal X
A-MHO - Rural Agricultural District within the Mobile Home
Overlay (MHO)
267* acres: Low Residential Subdistrict (LR)
l72t acres: Open Lands within the Rural Lands Stewardship
Area (RLSA)
Agricultural use and future residential development consistenl
with both future Iand use designations
llxposure l ime
lVl a rlict in Period
Valuc Range of Compa rables:
Reconciled Value(s):
Value Conclusion(s)
Value Per Acre
Effective Date(s)
Property Rights
$17 ,579 to 529 ,649 per acre
As Is
$ 10,540,000
$24,000
January 8, 2025
lee Simple
The value conclusion(s) are subject to the following hypothetical conditions and extraordinary
conditions. These conditions may affect the assignment results.
Ilypothetical Conditions None
Extraordi nary Assumplions:'Ihere is reportedly a required easement agreement by Barron
Collier to maintain the pumps and berms at the Silver Strand III
parcel for the benefit of the South Florida Water Management
District. There will also most likely be a further reciprocation
agreement for drainage requirements once the parcel is
developed. We are unable to determine any impact on value;
therefore, we conclude the agreement will not affect value. We
reserve the right to readdress valuation should this assumption
be proven otherwise.
Page I
SUMMARy oF IMPoRTANT FAcrs AND CoNCr.usroNS
l2- 1 6 months
l2-16 months
VAI,T]E INDICATIoNS
CAO
Page 3588 of 9661
¯0 10.5 Miles
SILVER STRAND MINE
EAST OF IMMOKALEE RD, WEST OF SR 29
5 ACRE FUTURE POND RESERVATION SITE
C:\Users\jh arrelso n\De sktop\SS03 -DCA EXHIBIT.mxdDate Sa ved: 7/2 3/2025
PROJECT:
NOTES:
EXHIBIT DESC:
2600 Gold en Gate ParkwayNaples, FL 34105
CLIENT:
LOCATION:SOURCES: COLLIER COUNTY GEOGRAPHIC INFORMATION SYSTEMS (2025)
Legend
LAND OWNER: SILVER STR AND PARTNERSHIP
5 AC RE FUTURE POND RESERVATION SITE
SILVER STRAND III PARTNERSHIP
SR29
SR29
Immokalee RDCamp Keais DImmokalee RD
5 ACRE FUTURE POND RESERVATION SITE:TO BE LOCATED W ITHIN+/-12 ACRES DEPICTED(Remaining land to be retainedby Developer)
Page 3589 of 9661