EEL OPTION TO PURCHASE SOUTH DADE WETLANDS

Recreation, Tourism, and Resiliency Committee · 2026-07-14 · resolution

Resolution accepting an Assignment of Option to Purchase approximately 10 acres within the Environmentally Endangered Lands Program South Dade Wetlands Project. The seller is Timothy H. Noto and Ellen C. Noto, as Personal Representatives of the Estate of Rachel M. Noto. The purchase price is $3,500,000.00, funded from Building Better Communities General Obligation Bond funds. The property is located at SW 344 Street and SW 169 Avenue, inside the Urban Development Boundary. The case file number is 261161. The Recreation, Tourism, and Resiliency Committee forwarded it to the BCC with a favorable recommendation on 7/14/2026. The agenda date is 9/1/2026. The resolution authorizes the County Mayor to execute the assignment, exercise provisions, perform acts, accept conveyance by general warranty deed, record the deed, and provide a recorded copy to the Clerk of the Board within thirty days. Two appraisals were procured: $4,356,000.00 (March 12, 2025) and $4,000,000.00 (April 5, 2025). The purchase price does not exceed the average of the two appraisals. The EEL Program intends to seek partial reimbursement of $350,000.00 from FDEP pursuant to Resilient Florida Grant Agreement 22SRP45. The property is in Commission District 9. The folio is 16-7930-001-0050.