Loading...
Agenda 06/24/2008 Item #10M Agenda Item No. 10M June 24. 2008 Page 1 of 12 Executive Summary Review the Port of the Isles boat launch facility purchase proposal and obtain direction from the Board of County Commissioners on how to proceed. Obiective: Review the Port of the Isles boat launch facility purchase proposal and obtain direction from the Board of County Commissioners on how to proceed. Considerations: Port of the Isles is a recently rebuilt 175 wet slip marina that includes: 140 wet slips currently available for short and long term rental. A boat launch ramp A fueling facility. Approximately 3.9 acres of upland property that houses a marina building, daily boat trailers parking and long term boat storage. The 7,200 SF marina building that houses a ship store, bathrooms, offices and environmental interpretative area. Approximately 1,900 LF of waterfront seawall shoreline Conversion capability of the upland arca to dry storage or additional trailer parking. Outright ownership of approximately 10 acres of submerged lands. Excellent water access to the Everglades and the 10,000 Island National Wildlife Refuge. . . . . . . -- . . . The Shucart family is desirous of selling the boat launch ramp and approximately 2.4 acres of the upland property that contains the trailer parking and long term boat storage area to the county. This purchase would include only water access that was associated with the boat launch/ramp and would not include the wet slips, fueling facility, marina, marina building or the 10 acres of submerged lands. Purchase of this property however, would includc an option/right of first refusal to acquire the balance of the facility at some time in the future. The proposed structure of the purchase would be as follows: Boat launch including approximately 2.4 acres of upland trailer and boat parking for $4,350,000. Less 5 acre Santa Barbara -Bembridge surplus parcel for $1,350,000 Less surplus Livingston Woods vacant lot for $546,000 Less surplus 2 Naples Park vacant lots for $631,000 Remaining Balance of $1 ,823,000 would be cither paid in cash at closing for a $100,000 discount or the seller would finance a note for 10 years at 5% interest only paid monthly with no interest for the first 3 years. Interest due for the first 3 years would accrue to the principle. . . . . . .-- Agenda Item No. 10M June 24. 2008 Page 2 of 12 . No expenditure of funds would be due from the county for the first 3 years under this financing scenario. Advisorv Committee Recommendations: No Advisory Committee's have reviewed or contributed to this proposal. County Attornev Findin!!s: The County Attorney has not reviewed this item for form and legal sufficiency. If directed to move forward, Coastal Zone Management will work closely with the County Attorney's Office to develop and review applicable legal documents. Fiscal Impact: The source of funds to purchase this facility has not been budgeted or determined as of this date. Approximately $450,000 in EMS Impact Fees would need to be repaid if the Bembridge Property was used to purchase this property. Funds are not identified to permit, engineer or construct any facility modifications that might be needed. Growth Mana!!ement Impact: Depending on the approach and direction provided by the Board of County Commissioners the impact to the Growth Management Plan may vary. However, any approach taken will be consistent with the Conservation and Coastal Management Element Policies supporting Objective 10.3 that addresses developed coastal barriers and shorelines. Staff Recommendations: Staff is seeking direction on how to proceed on this item. In addition, if directed to move forward, staff is requesting $20,000 to obtain outside professional appraisals on all parcels involved in this transaction along with the funding of sufficient due diligence to resolve storm water drainage, retention and capacity issues along with future canal depth concerns due to Everglades Restoration. Prepared bv: Gary McAlpin, CZM Director Page 1 of 1 Agenda Item No. 10M June 24. 2008 Page 3 of 12 ..---- COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 10M This item has been continued to the July 22, 2008 Bee Meeting. Review the Port of the Isles boat launch facility purchase proposal and obtain direction from the Board of County Commissioners on how to proceed. (Gary McAlpin, Coastal Zone Management Director and Barry Williams, Parks and Recreation Director) Meeting Date: 6/24/20089:0000 AM Approved By Kathy Carpenter Executive Secretary Date Public Services Public Services Admin. 6/18/20089:15 AM Approved By Gary McAlpin Costal Project Manager Date Public Services Coastal Zone Management 6/18/200812:51 PM Approved By Marla Ramsey Public Services Administrator Date ..---- Public Services Public Services Admin. 6/18/20082:14 PM Approved By John A. Yonkosky Director of the Office of Management Date County Manager's Office Office of Management & Budget 6/18/20082:55 PM Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 6/18/20085:19 PM ..---- file;//C:\AgendaTest\Export\ 11 0-June%2024,%202008\ I 0.%20COUNTY%20MANAGER... 6/18/2008 ~'....."...'-....' .~. \:.. ..' ". "","P' . . Port of'the Islands ~A.~~ NAPl.E2.J.ORlDA Agenda Item No. 10M June 24, 2008 Page 4 of 12 ... ~.:-. .. Executive Summary Mr. Gary McAlpin Director Coastal Zone Management 3300 Santa Barbara Blvd Naples, Florida 34116 Re: Port of the Islands Marina - Naples, Florida Tuesday, June 17, 2008 Dear Mr. McAlpin, The Port of The [slands Marina (www.PortoftheIslandsMarina.com) has recently completed an extensive renovation and expansion program costing more than $2-4 million dollars. The marina consists of 175 wet slips, a newly renovated marina building and ship's store, plus waterfront land to build new condominiums or an indoor boat storage facility and is one of the largest marinas in Collier County. The Marina is located directly in the path of future population growth, Fiddler's Creek, Reflection Lakes, Royal Palm Golf E.~tates, The Big Cypress Market Place and at some point the development of the Six L's property (over five thousand acres), just to name a few, ...ill all contribute to a greater need for public access to the water, Long term planning strategies have proven to be the smartest and best form of planning. Prior to listing the Port of the Islands Marina for sale, the o'wners approached the County to see if they would have an interest in purchasing the property. The o\mers being Collier County residents themselves, understand that maintaining permanent public access to one of our most valuable assets, the water, has been expressed many times as being a top priority among County Commissioners as well as residents and visitors of Collier County. In 2006 the County Manager created a Coastal Zone Management Department to address the growing need for beach and water access (please see attached Naples Daily News article). Port of the Islands Marina 525 Newport Dr. . Kaplcs, FlDrida 3-111-1 (239) 642-313.'\ Fax (239) .'\89-267-1 \\ o,;\w. Portllfthc J slandsJ\1 ;lrin;~.conl Agenda Ilem No. 10M June 24, 2008 Page 5 of 12 r". r:)uring the last. five. months, the marin~ m\l1erS have had. a number of coIlVe~ationsand meetingli with Marla Ramsey, Director of Public Senices, and h~t .~xceUentstaff in order to better und~.rstand the County's go~ls and desires '\oithT~~'pect to tbis unique opportunity. It ~-a~8uggested that the purchase of the el1tb:e..mii1:il'la.for ap'proximately$11.9 milliondolla,rs would be. difficult at this til1U~ be~use of the current ecc:momic conditions, but that a scaled do,m concept cl)u.l(:lbepos~iple. }he County's purcha~e of. the Hoat Launch Ramp and aP:\ll.'o,q~a!elY24. acres ofcommerciallyz9ned C-4 . waterfront proptJrtX for $4,350,000 Was then analyzed. This coIllpromis~ would accomplish the goal of providil'lg and. matllt~i:ging pl;)rmanent public8ccessto the.waterwhile at the sam.e time, significantWreducing the County'sinvestment. :B~~ur~asing an existing roarina, the Co~tY could begin benefiting their residents immediately. The years spent in v\'orking through the lengthy, difficult, and expensive permitting process would be uvoided. ..TheSe;/challengingecoriomictimes also p~esent opportunities that might not . otherwise. be available.. In. un effort to. il.ssistwith the current economic conditions facing the County, the o;\1.1erswould consider ref:ehingl1art .of the proceeds ill the form of County owned surplus property and the balance in the (\ .forrnofa ten year note as outlined below: Purchase of: A. Boat Launch R.amp (Double) B. Waterfront Land consisting of approximately 204 acres (Zoned C-4 commerciaL) Please see the attached photographs Purchase Price: $4.350,000 Less Estimated Value of County Owned Surplus Properties - actual values to be determined by an appraisal. A) Santa Barbara 5 acres - Bembridge parcel (folio # 00400246406). Purchased by the the County in 2002 for $477.500 B) Livingston Woods Vacant Lot (folio # 38457520008) C) 2 Naples Park Vacant Lots (folio # 62417240006 and 62417280008) Remaining Balance ($1,350,000) ($546,000) f$6:u.ooo) $1,823,000 Agenda Item No. 10M June 24, 2008 Page 6 of 12 The Remaining Balance may be paid in either a) cash at closing ,\ith a $100,000 discount or b) Sellers \\ill take back a note from the County for 10 years at. 5% interest only paid monthly ,\ith no interest payments for the first 3 years. T~e interest due for the first 3 years would accrue to the principle. This would give the County a period of 3 years. in which they would not have anyexpl;ln<l.ifure of funds in order to purchase the property. . . Collier County derives a substantial portion of its revenue as a resultptbeing tbought()f as a waterfront community. ~reserving water access tothoseth~tliv~ here on a fulltime or part-time basis as well as those that visit Collier. C?U~ty, is a goal that increases the quality of life as well as providing many economicJ:ienefits. Sincerely, ,~ James Shucart and Christopher Shucart Managing Members The Islands Marina, LLC Agenda Item No. 10M June 24, 2008 Page 7 of 12 r Address: 3300 Santa Barbara Boulevard, Naples, FI, 34116 Phone: 239-213-2966, 239-252-2980 Web site: http;/ /www.colliergov.net/lndex.aspx?page= 1701 E-mail: garymcalpin@colllergov.net Description: Coastal Zone Management plans for the development of water and beach access. It also manages beach renourishment projects within Collier County outside of most incorporated areas. The County Manager created this department in 2006 to address the growing need for beach and water access. Collier County at one point was the second fastest growing urban area in the United States, second to Las Vegas during the 2000 census. r This department Is dedicated to looking at ways to gain public access to one of the Southwest Florida's fastest developing areas. With vacant land hard to come by, the Coastal Zone Management team plays an important role in preserving the public access to Collier County's beautiful sandy beaches and allowing boaters access to the water regardless of the location of their home. Collier County's waterways are highly used by anglers and the beaches are enjoyed by hundreds of thousands of residents and visitors each year r http://www.naplesdailynews.com/places/coastal_ zone _ management/ Agenda Item No. 10M June 24. 2008 Page 10 of 12 ~ .'..-' (-- ~