Fiscal Note:
Santa Fe River – Shireman (Fee Simple) - Cost Estimates:
•Alachua County Property Appraiser (ACPA) Value: $3,000*
•Acquisition Due Diligence: $22,900
oDue Diligence: title work, appraisal, survey, environmental assessment
•Stewardship, initial 10 years: $10,780
Total estimated cost for acquisition and 10 year Stewardship: $36,680
The current annual property tax revenue of all the project parcels is: $143.75
Note: The Shireman property was originally nominated as a fee simple project, but the landowner may also be interested in conservation easement options for the property. Should an easement be pursued rather than a fee simple purchase, stewardship costs will only involve annual monitoring and associated staff time, approximately $550/year. (Exhibit 5)
Watermelon Pond – Biro (Conservation Easement) - Cost Estimates:
•Alachua County Property Appraiser (ACPA) Value: $793,509*
•Acquisition Due Diligence: $54,000
oDue Diligence: title work, appraisal, survey, environmental assessment, baseline documentation report
•Stewardship, initial 10 years: $5,500 (Conservation Easement monitoring)
Total estimated cost for acquisition and 10-year stewardship: $853,009
The current annual property tax revenue of all the project parcels is: $6,853.50
Estimated acquisition costs for both properties total: $873,409
Estimated stewardship costs for the initial 10 years for all properties total: $16,280
*Listed value is based only on what is currently listed on the ACPA website. Actual value will be based on updated appraisals obtained for the property as part of the acquisition process.
Sufficient budget exists in the Wild Spaces Public Places Land Allocation for these costs.
Project 6184160- WSPP-General Operating & Due Diligence: 021.41.4160.537.31.00
Project 6194101-WSPP-Land Acquisition: 021.41.4160.537.61.00
If/ when any of these parcels are brought to the Board for acquisition, they may be funded from the new surtax (beginning 1/1/23) with budget in Fund 140 if the WSPP Surtax budget in Fund 021 is exhausted, or if Fund 140 is deemed more appropriate.
(Exhibit 5)
Strategic Guide:
Environment