5 o J, - ':
COMMISSION ON THE FUTURE OF FLORIDA'S ENVIRONMENT
ISSUE PAPER NO. 8
DNR State Recreation and Parks Land Acquisition Program
DATE REQUESTED BY COMMISSION: February 1989
IE PAS BOB MARTINEZ
I/ \ State cf Florida ,IMs11
DEPARTMENT OF NATURAL RESOURCES BOB BUTTERORTH
^ u Attorney General
RES GER ALD LEWIS
Marjory Stoneman Douglas Building State .,nmp:rr !i
3900 Commonwcalth Boulevard
Tallahassee, Florida 32399 Star Treasrer
Executive Director DOYLE CC'NER
Commrn issiont- o; Agriculture
March 6, 1989 BETTY CASTOr
Commissioner of Edut ion
PLEASE ADDRESS REPLY TO:
TO: Dwaine Raynor, Staff Director
Commission on the Future of Florida
FROM: Gary F. Bishop, Supervisor/4A
Title and Land Records Section r UNIT
Bureau of Survey and Mapping. i:,LLdgt; ,
SUBJECT: Issue/Position Papers for the Commission on
Florida's Future Environment
The following is in response to Item No. 2, of your Feburary 20,
1989 memo to Tom Gardner. Our response is rather limited due to
the lack of available facts and figures concerning the history of
State lands acquisition.
The State Lands Inventory lists 10,700 parcels of uplands that
aggregate 1,873,874 acres. These lands were acquired from the
time of Statehood in 1845 to the present by various Acts of the
U. S. Congress, such as Swamp and Overflowed Land Act of 1850 and
the School Land Act of 1845, among others. Lands were also
acquired by purchase, donation, forfeiture, and current land
acquisition programs. The State also holds title to approximately
7,500,000 acres of submerged lands. These submerged lands..were
granted to the State upon admission to the union.
"Working together to protect Florida's future"
STATE RECREATION AND PARKS LAND ACQUISITION PROGRAM
The State Recreation and Parks Land Acquisition Program
acquires recreation lands through three interrelated programs
funded directly or indirectly by the Land Acquisition Trust Fund
(LATF), pursuant to Chapter 375, Florida Statutes. These are the
LATF, the Save Our Coast, and the Eteach Access Initiative
programs. Brief explanations of each program follow, with more
detailed materials included as attachments.
Through the LATF program, 52 projects totaling some 79,786
acres have been acquired since July 1963, at a cost to the
program of over $70.7 million. An additional $72.8 million from
other funding-sources also went toward these acquisitions. For
the past several years, the program has received an annual
allotment of one million dollars. Because of this limited
funding, the program has been used primarily for the acquisition
of inholdings and additions to existing parks. Acquisitions
under this program fall into two categories: those valued at
greater than $250,000; and those valued at $250,000 or less.
Projects valued at greater than $250,000 must be processed
through the Land Acquisition Selection Committee (LASC) pursuant
to Chapter 259, Florida Statutes, and submitted in priority order
for approval by the Governor and Cabinet. There are currently 18
projects with a tax assessed value of more than $22.5 million on
the approved LATF priority list.
Projects valued at $250,000 or less are by law not subject
to consideration by the LASC, but must be approved for purchase
by the Governor and Cabinet. The number of projects being
actively worFked at any given time varies in accordance with the
.--, '. 3 abi I :i t of f i nrls..,
The S-ve Our Coast (SOC) PFrogr .am wa created in September
1981 by a resolution of the Governor and Cabinet to protect
representative sicmples of the state's undeveloped sandy beaches
for public recreational use and enjoyment.. On November 3, 191.,
the Governor and Cabinet approved the implementation procedur-es
for the program. It has been funded from revenues obtained from
the phased sale of $275 million in revenue bonds secured by the
Land Acquisition Trust Fund. As of January 31 199, 25
projects, comprising a total of 73,047 acres and 73.6 miles of
beachfront, were acquired at a total cost to the SOC program of
nearly $239 million. For details on specific projects see
attached SOC report.
There are currently 31 projects with a tax assessed value of
nearly $95 million on the SOC priority list, but only about $8.5
million remaining uncommitted in the SOC fund.. Of this.,.$5.5
million has been set aside for the Beach Access Initiative. With
all of the demands on the LATF and the source's current
limitations, the SOC program is expected to end when the
remaining funds are spent. The remaining SOC projects may become
candidates for transfer to the Conservation and Recreation Lands
On May 19, 1987, the Governor and Cabinet approved the Save
Our Coast Beach Access Initiative for the purpose of acquiring
narrow corridors to help guarantee perpetual public access to
major stretches of Florica recreational beaches. At present, 13
projects with an estimated value of $1.7 million are being
processed toward acquisition under this matching program.
Projects are limited to a maximum state contribution of $1E7,500
or 75% of actual land costs, whichever is less.
Th' following ar-e attached to provide additional
i r, r ma ti on:
I. State Recreation cnd Parks Land Acquisitiorn Program 1989
Priority Li st (SOC and LATF).
2. Procedures For Ipl ementing Save Our Coast.
3. Status Report of Acquisition under Save Our Coast
program as of January 31., 19E9.
4. Beach Access Initiative as approved by the Governor and
Cabinet on May 19, 1987.
5. Procedures For Implementation of the Beach Access
6. Status Report of Beach Access Initiative.
STATE'RECREATIO PARkS LAND AS'JISITIOhD PROGRAM
o8 :OF ORITY LI;
February 16, 1989
ESTIMATED OCEANFRONT ESTIMATED
PROJECT COUNTY ACREAGE FOOTAGE VALUE
1. SAVE OUR COAST:
.Shell island Bay 30 -0. $ 700,000
rth Shore Open Space Daoe 3 250 1,378,532
Avalon Tract St. Lucie 335 2,744 4,411,760
4. Matecumbe beach Monroe 10 840 1,500,000
Setastian Inlet Add. (South) Indian River 8 1,100 425,400
t. St. Augustine Bch. (Fleeman) St. Johns 113 2,265 2,075,850
7. barefoot Beach Collier 316 7,540 11,276,350
E. Grayton Beach East Add. Walton 29 2,406 exchange
c. Lighthouse Point Volusia 30 1,108 1,952,169
C. Fort Pierce Inlet Add. St. Lucie 25 2,400 2,081,710
.1. St. Michael's Landing Bay 1,000 5,561 1,604,791
12. Grayton Dunes Walton 4 108 500,000
SGuana River St. Johns 20 -0. 200,000
14. Sebastian Inlet Add. (North) Breverd 21 1,080 1,421,300
"5. Hutchinson Island St. Lucie 81 1,590 2,796,350
(Green Turtle Beach)
16. Alex's Beach Martin 8 1,155 2,136,356
17. Brevard County Beaches Brevard 32 430 1,074,060
18. Mexico Beach (Parker) Tract Bay 1 374 81,000
19. Washington Oaks Add. Fiagler 10 330 450,000
20. Hutchinson lsl.(Blind Creek) St. Lucie 431 6,798 17,538,650
21. Don Pedro Island Complex Charlotte 108 4,585 4,651,303
22. Posner Tract Broward 16 1,100 20,000,000
23. Ft. Pierce So. Jetty Park Add. St. Lucit 3 513 825,000
24. Gasparilla island Additions Lee 4 660 654,570
25. St. Joseph Peninsula Gulf 278 7,180 3,000,000
26. Clam Pass Collier 33 860 6,400,000
"27. Fletcher beach Martin 12 1,008 2,021,300
28. Indialantic teach Add. Brevard 1 200 10,000
29. Surfside Additions St. Lucic 3 549 827,000
30. North Beach Additions Broward 2 346 1,800,000
31. Santa Clara et al Tract Bay 16 1,329 1,140,700
II. LAND ACQUISITION TRUST FUND:
1. Big Talbot Island Add. Duval 624 $ 2,234,440
2. 01etL Rive, Add. (Terama) Dade 21 8,400,000
3. Ft. Clinch Add. (Marsh) Nassau 384 261,600
4. Gold Head Branch Add. Clay 904 -647,220
5. Kingsley Plantation Add. Duval 11 173,211
6. Torreya (Rock Creek) Add. (1) Liberty 4,100 1,500,000
7. John U. Lloyd Beach Add. Broward 2 278,850
8. Paynes Creek Add. Haroee 115 227,273
S. De Leon Springs Add. Volusia 458 825,000
10. Fort Mosa St. Johns 38 114,64
11. Jug Creek (Cayo Costa Landbase)(2) Lee 10 -549,18C
12. Lake Talquin Additions Gadsden/Leon 352 385,503
13. Thousand Islancs (3) Brevard 447 3,230,950
14. Kanapaha Park (2) AlachaE 37 400,OO0
15. Lori Wilson Park Addition (3) Erevarc 8 2,104,820
1. Don Pedro Lanc Base (1) Char'otte 104 702,824
17. Lake Griffin Addition (South)(1) Lake 154 103,771
18. Sebastiar. Inlet Addition (Marina Brevard 13 382,920
1. Total boundary map and legal description incomplete; confirmation of the total
project woulc remain conditional until acceptance of map and description by DNR staff
covering the total project.
2. Listing covers two alternative sites; acquisition of only one site is intended.
2. Project carries a legislative appropriation.
"SAVE OUR COAST"
Procedures for Imolementing
a Bond-Financed Coastal Land Acquisition Program
Under Chapter 375, Florida Statutes
No place in Florida is more than two hours by automobile
from either the Atlantic or the Gulf coast, and most parts of
the peninsula are that close to both. The state's general
shoreline of some 1,350 miles is its dominant physical charac-
teristic. The shoreline provides for an important part of the
state's economic base, and is also its foremost recreation
resource. Sandy beaches comprise approximately 55V% of the -eneral
shoreline and are the focus of most of the recreational use.
Recognition of that fact has resulted in establishment of many
state and local beachfront parks in recent decades. Nevertheless,
the identified need for beach sites in most areas of the state has
not been met, and the possibility of ever satisfying that need
diminishes almost with each passing day.
Besides offering the most popular recreation, the coastal
zone has proven to be the most popular living place for
Floridians -- more than three-fourths of the people reside there --
with the result that the beaches have been turned into residential
areas at a rapid rate. The high appeal of seashore living, com-
bined with the greatly reduced availability of undeveloped beach-
front property that has resulted, has led to soaring prices for
the remaining coastal land. A recent, informal survey of County
Property Appraisers indicates that beachfront property values are
increasing at an average rate of 30% per year.
The situation described above seriously limits possibilities
for continued acquisition of beach sites to meet outdoor recre-
ation needs. At the same time, although perhaps more subtly, the
increased urbanization of the coastal zone and the changed economy
of automobile travel are further threatening the adequacy of the
existing seashore recreation areas to serve the needs of the
public. This condition also introduces serious problems in
governme:r..al planninS for outdoor recreation. The usual
inclination in state park site selection is toward sites having
outstanding natural qualities with regional or statewide appeal.
To provide for highly localized needs for public beaches, some
adjustment of traditional selection standards may be necessary.
As these developments have occurred, awareness of the
problem by governmental officials has increased. The report of
a Resource Management Tauk Force to the Governor in 1980 recom-
mended that public holdings of coastal lands be increased by 10%.
The Governor and Cabinet have now proposed an accelerated coastal
land acquisition program as well as other measures in a concerted
effort to "save our coast". In September, 1981, an executive
order called.for emphasizing coastal barrier lands i-n and aw i-
sition programs, for discriminate application of state and federal
development grants to discourage unwise coastal development, and
for encouraging greater circumspection in local management of
The major inadequacy of the present "pay as you gc" land
acquisition effort is in the level of funds expected to be available
over the foreseeable future. Projected funds would be insufficient
to keep up with the rapid escalation of prices and secure the choice
remaining lands in time. An immediate increase in available
funding is possible by selling bonds against revenues expected to
accrue to the Land Acquisition Trust Fund in the years ahead,as
was done with great success in 1968.
THE BOND FUNDING ALTERNATIVE
An available source of funding to support the sale of revenue
bonds is provided by Chapter 375, Florida Statutes, under which
the land acquisition component of the "Save Our Coast" program will
be implemented. The greatly expanded capability for acquiring lands
will enable further emphasis to be given to the current beach
acquisition thrust, to help offset escalating prices and the
continuing loss of lands to development.
Provisions of the law. The Department of Natural Resources
presently administers the program for acquisition of outdoor recre-
ation lands under the "Outdoor Recreation and Conservation Act of
1963" (Chapter 375, Florida Statutes). Lands for new state parks
are acquired-nder this law, and, prior to the inception of programs
oriented more strictly to conservation and environmental preservation,
acquisitions for preserves -- serving more passive recreation
purposes -- were also made under it.
The Land Acquisition Trust Fund, created by the Outdoor Recre-
ation and Conservation Act, is the primary source of funds for
acquiring state parks properties. It is also used for assisting
with the acquisition of local parks and for funding other park
Additionally, Chapter 375 provides for the Land Acquisition
Trust Fund to be used to retire revenue bonds. The authority to
issue bonds is provided by the State Constitution. Article XII,
Section 9, specifically authorizes issuance of revenue bonds to
acquire lands for outdoor recreation and conservation and prescribes
the retirement of the-bonds with funds from the Land Acquisition
Bond issue potential. Total receipts of the Land Acquisition
Trust Fund in 1980-81 amounted to some $43.2 million. Documentary
stamp tax revenue, the principal and most predictable source of
funds, accounted for some 529.9 million while other, less pre-
dictable sources produced about $13.3 million. Disbursements in
fiscal year 1980-81 amounted to some $30.5 million -- $9.7 million
for acquisition of state parks and $20.8 million for other purposes,
including park development, transfers to the state parks operating
budget, debt service on bonds, and assistance to local programs.
Funds possibly available for park land acquisition or debt service
on additional bonds in 1981-82 are expected to be around $30 million,
including a carry-over balance of about $16.5 million from 1980-81.
The documentary stamp tax revenue is expected to increase
steadily in coming years, as indicated by the following tabulation.
Over the next five fiscal years, projected funds potentially
available for direct land acquisition or to defray bond debt service
will total $97.2 million, if other obligations on the Trust Fund do
not increase faster than presently expected.
Projected LATF Money Available ir ELarly Yearr
to Support Revenue Bonds Xssued in Fiscal Year 1962-E3
(Figures in Millions)
Fiscal projected projected obligations Balance
Year receipts for other purposes available
1982-83 $ 42.5 $ 28.6 $13.9
1983-84 47.6 30.9 16.7
1984-85 52.7 33.4 19.3
1985-86 58.5 36.1 22.4
1986-87 64.8 39.9 24.9
$266.1 S16E.9 IS7.2
Bond issue implementation. The primary steps in establishing
a revenue bond program for land acquisition are:
1 a. The Governor and Cabinet, sitting as head of the
Department of Natural Resources, adopts a resolu-
tion requesting the Division of Bond Finance to
issue the revenue bonds.
15 b. Tne Governor and Cabinet, acting as the Governing
Board of the Division of Bone Finance, adopts a
resolution authorizing the issuance of the bonds.
15 c. The Div;sion of Bond Finance initiates bond valida-
135 d. The Governor and Cabinet, acting as the Governing
Board of the Division of Bond Finance, authorizes
the sale of each bond series as needed.
180 e. The Division of Bond Finance administers marketing
of each bond series, printing of bonds and coupons
and consummation of the bond sales.
An approximate six-month time period is considered sufficient
for accomplishment of the steps necessary to have the first increment
of bond proceeds available for purchase.
Bond sales scheduling. It is proposed that bonds be sold
incrementally in accordance with expected cash flow needs. Since
identification of acquisition priorities usually precedes purchase
by at least six months, estimates of funding needs can be made with
some accuracy as early as six-to-nine months before the immediate
need for purchase money. Accordingly, incremental sales at intervals
of up to nine months would most likely be suitable.
The first increment of bond proceeds should be the largest in
order to establish a contingency capability. A first increment of
$50 million is proposed, with subsequent increments being dependent
on the rate of acquisition progress and the capability of the Land
Acquisition Trust Fund to support the bonding program. The
following table shows a proposed schedule of bond sales which is
believed to be suitable and realistic for a program of up to $200
Proposed Schedule of Bonds Sales
for a $200 Million Program
Minimum Maximum Minimum Maximum
July 1982 $ 40 .. $50 $ 40 $ 50
January 1983 0 50 40 100
July 1983 25 50 75 150
January 1984 25 50 100 200
July 1984 through 100 200
PROJECT IDENTIFICATION AND SELEC"'ON
Procran. guidance. Guidance for implementing the program will
come from the fL-lowing principal sources:
Chapter 375, Florida Statutes. As the proposed bond
financed coastal land acquisition program envisioned by
"Save Our Coast" will be an extension of the State's existing
land acquisition program under Chapter 375, Florida Statutes,
primary emphasis would appropriately be given to the purchase
of those properties which address identified public needs for
outdoor recreatic.. as indicated by .he state comprehensive
outdoor recreation plan. Consideration would also be given
to those properties which would, additionally, serve conser-
vation and preservation purposes as provided for by Chapter
375 and Section IC1.052(11), Florida Statutes.
State comprehensive outdoor recreation plan. The state
comprehensive outdoor recreation plan, which is required by
Chapter 375, contains data on the outdoor recreation needs
of the regions of the state to, in part, provide land acquisi-
tion guidance. (The 1981 plan reveals that additional salt-
water beach is the state's most critical outdoor recreation
resource need; by 1985 an additional 1E3 miles of beach will
be required to meet projected needs.)
"Save Our Coast" directive. The Resolution adopted by
the Governor and Cabinet on September 15, 1981, directs that
bond funds generated for the "Save Our Coast" program be used
"... for the accelerated purchase of sensitive coastal barrier
areas over the next two years."
Chapter 253, Florida Statutes. All acquisitions will be
processed by the Department of Natural Resources, Division of
State Lands, pursuant to Chapter 253, Florida Statutes.
Chapter 16D-1C, Florida Administrative Code. These rules
provide detailed staff guidance in selecting lands for
acquisition under Chapter 375. For designating acquisition
"priorities, it calls for sites to be considered on the basis
of: (a) suitability to meet calculated outdoor recreation needs
(b) proximity to urban areas, (c) suitability to provide
outdoor recreation generally, (d) quality of natural
resources, (e) development feasibility, (f) detracting
characteristics, (g) urgency in view of impending private
development, and (h) number of ownerships. Priority under
the program is already being directed to seashore tracts.
Eight of ten priorities on the most recent working priority
list are coastal properties.
Land acquisition objectives. The objective of the land
acquisition component of the "Save Our Coast" program is to carry
out an accelerated program for the acquisition of coastal lands
in Florida to provide needed public outdoor recreation and to
beneficially influence coastal growth patterns and coastal
conservation and preservation.
In fulfilling this stated objective, which is in accordance
with the requirements of Chapter 375, Florida Statutes, it is
recognized that the greatest public needs for outdoor recreation
most often occur in heavily developed and populated areas, where
the availability of highly suitable land is often nonexistent or
extremely scarce at best. Accordingly, it is becoming more and
more necessary to either move to an adjoining region of the state
to identify suitable property or accept property of smaller size
and fewer attributes, but which relates more directly to a locale
of high need.
Definition of coastal lands. For the purpose of acquisition
under the "Save Our Coast" program, coastal lands are defined as
those lands fronting on the general shoreline of the state, as
determined by the National Oceanic and Atmospheric Administration.
As a practical matter, this would include any property fronting on
the open waters of the Atlantic Ocean or Gulf of Mexico.
While various"evaluation factors, including the desirability of
preservation, will be applied to aid in the selection and ranking of
projects, primary emphasis must necessarily be given to public recrea-
tion. As.sandy beaches normally provide relatively high quantities of
recreation, beach projects are expected to be the main focus of the
Also, while a sufficient depth of uplands is needed to
accommodate necessary support facilities for public outdoor
recreation and/or to protect all or a suitable portion of a
coastal tract's dune system or other natural features, acquisition
emphasis will be given to length of shoreline.
Project nominations. Recommendations from any agency, organi-
zation or individual, privi.e or public, will be used in developing
a comprehensive inventory of potentially available coastal properties
for consideration. Specific sources are:
Project files of the state park system outdoor recreation
program. Since the 1960's, hundreds of proposals for park
land acquisitions have been processed to varying points,
depending on priorities and funding. Of those not acquired,
many are apparently qualified coastal properties.
DNR/University of West Florida inventory of beaches as
final report Iph I, completed in August 198.. This compre-
hensive beach study has catalogued vacant tracts of the State's
coastal barrier beaches along both coasts, excepting Monroe
County, pursuant to Chapters 161 and 370, Florida Statutes.
Project files of the conservation and recreation land
acouisitior program. While steps will be taken to avoid need-
less duplication between the "Save Our Coast" and Conservation
and Recreation Lands acquisition efforts, it is also important
that a qualified property not be overlooked or too quickly
eliminated from consideration because of its presence on
another acquisition program's priority listing, where it may
be too low in standing to receive funding. Regardless, the
mechanics of acquisition (appraisal, title work, negotiations,
etc.) for both programs will be handled by the same staff,
which will serve to avoid conflict.
Proposals solicited from local and regional authorities.
The staff will contact appropriate state agencies, regional
planning councils and counties to invite proposed acquisitions.
Local involvement. While the "Save Our Coast" program is
conceived by the staff as a state initiated and administered effort
which is not intended to place financial pressures on local govern-
ments, it will nonetheless be advantageous to involve local
governments in the identification and nomination of properties for
possible acquisition and in the development and management of those
parcels best suited for local management. Local government can more
economically manage an isolated beach access or recreation site in
conjunction with other such parcels in the immediate area, to the
financial benefit of the general public.
Local government will be given the opportunity to nominate
properties for purchase, whether smaller parcels for beach access
or recreation sites to serve strictly local needs, or larger more
costly tracts, which may be better suited for state development and
management. For the smaller beach access or recreation sites, the
State will expect the local government to provide (a) the basic
development needed to enable public use within a reasonable time
period five years as a guideline and (b) long term management -
25 years as a guideline.
The most critical public needs for coastal land acquisition
will be addressed wherever they exist, without regard to any
distribution between local and state level projects based on such
factors as property size and attributes. This approach would
leave to the State the requirement to arrange for appropriate
property management prior to acquisition, which would necessitate
firm commitments by local government for development and management
of the small projects.
Local governments will also be encouraged to participate
financially with the State in the acquisition of desirable coastal
properties. To promote such participation, the extent to which a
local government agrees to contribute funds toward a particular
purchase along with acceptance of development and management
responsibility as required by the State will be a primary factor
in the assignment of priorities among identified properties. It
is expected that a large share of available bond proceeds will be
allocated to joint State-local purchases of smaller, more urban
oriented coastal properties.
Basic project qualifications. To be further considered for
acquisition, each proposed project will have to satisfy the
following basic qualifications:
a. be privately owned, or if publicly owned, be held for
express purpose of resale to produce funding needed
for public purposes;
b. provide public outdoor recreation and be readily usable
or adaptable for that purpose;
c. have coastal features which are desirable for retention
in their present condition or are capable of being
restored for conservation and/or preservation benefit;
d. in the case of smaller projects of interest for beach
access or purely local recreation sites, have a local
government sponsor which is agreeable to providing the
site development needed to make the parcel usable for
outdoor recreation within a reasonable period, and to
providing day-to-day management of the parcel for a
Project screening and evaluation. Projects which satisfy the
basic qualifications for acquisition would be further evaluated and
screened on the basis of eight preference factors as follows:
Suitability for meeting identified recreation needs.
These needs are as set forth in the state comprehensive out-
door recreation plan.
Proximity to population centers. More benefits accrue
when recreation opportunities are provided within easy reach
of large numbers of persons.
Ability to provide recreation aenerallv. This pertains to
the degree of suitability of a tract for public outdoor recre-
ation without regard to its location.
Quality of resource. The higher the quality of a resource
in terms of natural values, or significance of archaeological
and historical features, the more appeal it has to the using
Recreation. development feasibility. A property almost
always requires some development to make it usable by the
public, if nothing more than means of access and sanitary
facilities. The makeup of the property could greatly
influence development feasibility as related to cost and
Property characteristics. An irregular boundary, shallow
property depth between the water's edge and back boundary,
inholdings, through roads or utilities could adversely affect
a property's otherwise desirability for acquisition.
Urgency. Impending development or diversion to some
undesirable use could indicate a genuine need for timely
consideration for acquisition.
Ownershi- composition. Without the power of eminent
domain, acquisition is much more likely to be successful
when dealing with one owner rather that numerous owners each
having a portion of the overall project.
Of these eight factors, primary consideration would be given
to suitability for meeting identified recreation needs, proximity to
population centers and quality of resource.
Priority determination. Priority determination will involve
the comparison and ranking of all properties evaluated on the basis
of the eight preference factors.
Comparison and ranking will begin immediately for projects for
which adequate- field information is available and will continue
throughout the life of the acquisition program as long as additional
project information is obtained and new projects are proposed.
The staff will assemble and maintain a working priority list
consisting of two principal parts. The first part will be a
continuation of the existing outdoor recreation land acquisition
program (although necessarily reduced) and w:ll consist of
unspecified additions and inholdings needed for existing areas of
the state park system, carry-over projects and any new interior
(non-coastal) projects.. These projects will be funded with carry-
over Land Acquisition Trust Funds and funds from this source not
allocated for support of the "Save Our Coast" bonding program.
The second part of the working priority list (to be funded with
bond proceeds) will contain the "Save Our Coast" projects.
The working priority list will contain sufficient projects in
each of the two principal parts the continuation of the existing
outdoor recreation program and the new "Save Our Coast" program-
so that the estimated aggregate value of each part will be at least
twice the funds anticipated to be available for the applicable
The working priority list prepared by the staff will be reviewed
for coordination purposes by either or both, the Outdoor Recreation
Advisory Committee and the Interagency Management Committee, before
submittal to the Governor and Cabinet for approval.
The original working priority list and each proposed revision
will be submitted to the Governor and Cabinet for approval. The
staff will review the list each January. and July for the duration
of the acquisition program. Proposed changes will be reviewed by
the advisory committees) prior to submittal to the Governor and
Should a highly desirable property become available on some
urgent basis between semi-annual reviews of the working priority
list, the property will be promptly evaluated and ranked, and, if
warranted, submitted to the Governor and Cabinet for approval in
advance of the next regular semi-annual review.
Acquisition. The Division of State Lands would undertake
acquisition efforts pursuant to Chapter 253, Florida Statutes, and
devote staff time to the top priority projects in each category
proportional to the amount of funding available for each. Each .
negotiated project would be approved in detail by the Governor and
Cabinet before actual acquisition. Title to all lands would be
vested in the Board of Trustees of the Internal Improvement Trust
All bond proceeds will be used for the purchase of lands and
directly related acquisition costs if needed (appraisals," title
work, etc4) rather than for development and management.
As the power of eminent domain is not generally available to
the State for the purchase of lands for outdoor recreation at this
time, a project will be eliminated from further consideration when
its owner requires a clearly unreasonable price as determined by
qualified staff, rather than impede progress of an accelerated
Management. All lands acquired under the "Save Our Coast"
program which are appropriate for the state park system will be
assigned to the Division of Recreation and Parks for management
in the same manner as other lands acquired under Chapter 375.
Local government sponsors will be sought for all acquired lands
best suited for local government management.
Approved by the Governor and Cabinet on November 3, 1981
PROPOSED IMPLEMENTATION SCHEDULE
As the essence of the proposed plan is timeliness, implemen-
tation would begin immediately ar- be carried out as expeditiously
as possible. Initiation would be marked by Governor and Cabinet
approval of a plan for land acquisition under the "Save Our Coast"
program. If approval is granted on November-3, 1981, the following
timetable for implementation could be applicable.
Date Action Responsibility
November 4 Complete compilation of coastal prop- (DNR-staff)
erty inventory; (officially solicit
additional properties from counties,
regional planning councils, state
agencies and other sources)
December 8 -Adopt resolution requesting Division (DNR)
of Bond Finance to issue revenue bonds
December 15 Adopt resolr'iion authorizing issuance (DBF-Governin.
SBegin evaluation of properties (DNR-staff)
January Review and approve initial acquisition. (DNR)
working priority list
February Commence pre-purchase procedures on (DNR-staff)
March Obtain validation of bonds by Court (DBF)
April Adopt resolution authorizing sale of (DBF-Governin
July Consummate first bond sale (DBF)
Review working priority list (DNR-staff)
Review and approve revisions to working (DNR)
"bSAV OUR COAST"
Procedural Flow Diacram
Selection, Acquisition and
Management Disposition of Coastal Properties
Responsibility Principal Steps Input/Assistance
DNR/DRP Compile All potential sources
DNR/DRP Evaluate State Outdoor Rec. Plan
properties Coastal one Mgt. Plan
DNR/DP Identify .Advisory Committee(s)
DNR Exec. Bd. Approve
(Governor & Cabinet) priorities
DNR/DS I Accuire I Chapter 253, PS
DNR Exec. Bd.-TITF I management
xVE DUJr IDAS'T tEA: A::ETS I):T67:vE
PuDese: The purpose of this initizive is to proviot for. ublir bea:h accesss
in arees tha- heve hiph population Density and ve4iy 1iie.d av0ilptitoy of
su&itabe purtheseable beathfront lanC. Tnis inittizive 1il conentirete on
btninng ino public ornirship private lanes of liclted ertith ov crett at::ess
:o-rioers tn?" w.il puarantee perpetual public access to mnjor stretches of
rerrea:i onal beach.
Soutre of fundinc: bec;ase beach access points have not been able to compee
successfully rith harper SO projects, 25t of the prcfetes Iroan future SDt bond
sales il1 be set zsioe exclusively for small projeo-s unoer tnis initiative.
o-i.eriZ of elicibilt-v:
1. cirsfr :cesn poirns 1ill bee ritted o ITD ntxiamn weiCth o-r single indivir
tsoit oe tne-ips. Akcess points are, by efini:onr., ntr-ow coridoo-s o
e3ow peoestrimn ing-ess and express.
2. The Stae's ntm ximum ticizajion o teach vropertb v atcTved exceeding
25D.DDC. in efthne Lt el estimated vEalue or aEtua coso, shall to n.iB'te
D 75 q Zof S25C.ODD. This *11 ensure Tha-t ta maximn number of ascess poir.s
wiY1 be purchased with available funds.
2. Properiy-.purchased may not be contiguous to other public property capable of
providing beach access. "Tne purpose Is nc: to expand existing peaks, b.ut to
provio-e access where none preserntL exists.
FubliS: parking or eass transporoa-ion mts be available Zz the site within C
reasonable walking distance to % aximize VopportOity for pubsli uiltatior..
E.. A winimau cotribi.onen of 25- from an approprtine "os=e povernmen stonscr
W e. De. erred fIor each purchase. Tnis will increase the nuamer of pcp -
e=as .th r an be purchased by extendingp tne.uncs. Alts, since the site
will be primarily of local rather mhan statewide sipgn'fiance, same tocal
-txpayer support is an appropriate policy.
S. S hete 0 nfunes will be applied zo nhe purchrse of land only. An, per, of
"mte cost .atributab'e to erssin$ structures 11will borne by tnhe ical
povemrnment sponsor, in aoition ct hne required 254 minimnum corr .ioriot .
^' a-icor: because local povermnentrs w11 Tlikely subirt wore parcels for
consioeration than can be purchased with availtate funcs, projects will be prior
tized t. thne besis of beach recreation neecs ioer.t:fiec ir. ^tne S=tae toorethet
sive Dutcoc, Recrea:ion P7an. Additional objective criteria, su:h as percetape of
"lTael contribution, mai e)lso ze considered.
S .ocessin:: For the most prc,, mechanisms already establishedt fcr the -S ve Dur
Lot: propBram wilI be applicable e ztc he betch a:ess ir.it:ive. Acouired
properties ri'1 be transferred to lol povemnnmer.t sponsors throupn ptfLSthrofgh
I Approved by the Governor and
CLtainf- t on May S, 19E7
Procedures for Implementation of
beach Access Initiative
Under Save Our Coast
On May 1S, 1987, the governorr and Cabinet approved the *Save Our Coast Beach
Access Initiative", proposed by the Department of tiatural Resources. The objective
of the initiative is to increase opportunities for public beach access in areas that
have a high population density and lack available purchasable beachfront land of
suitable quality for redevelopment of parks. The initiative concentrates on bringing
into public ownership private beachfront lands of limited width to create access
corridors which will guarantee perpetual public access to major stretches of recre-
ational beach. The Department of Natural Resources is responsible for selecting and
prioritizing the sites that will be recommended for purchase to the governor and
The initiative sets aside 25% of the proceeds from future Save Our Coast (SOC)
bond sales for the purchase of access parcels. Local governments must fund at least
25& pf the actua-cost, plus the costs of title search, boundary mapping, appraisal,
any needed development and management. The State's maximum expenditure for each
property acquired exceeding $250,000, in either total estimated value or actual cost,
is 75S of $250,000. Unless otherwise arranged with the Department, local money
contributions will be required at the time of purchase.
III. Program Guidance
The initiative is a supplement to the already existing SOC program. Therefore,
it is governed by. Chapters 253 and 375, Florida Statutes, the SO' Procedures for
Implementing a Board-Financed Coastal Land Acquisition Program under Chapter 375,
Florida Statutes, the State Comprehensive Outdoor Recreation Plan, and Chapters
16D-10 and 18-1, Florida Administrative Code. The primary purpose of each property
acquired must be for recreation. All hearings, records, and proposals are available
to the public as provided by Florida Law.
IV. Eligibility Criteria
All parcels must be privately owned *nd front the open water of, the Atlantic
,Ocean or Sulf of Mexico. Alsc;
(1) Beach access points are limited to 100 feet width or single indivisible
ownerships. By definition, access points are narrow corridors to allow
pedestrian ingress and egress,.
(2) Property proposed for acquisition can not be contiguous to other public
--- -- -- ---- --*' ----- --- ----
properties capable of providing beach access. Projects must provide access
where none currently exists.
(3) Public parking or mess transportation must be avuib)e to tne site within
a reasonable walking distance.
(4) A minimum contribution of 25S from an appropriate local government sponsor
is required for each purchase.
(5) State SOC funds can be applied only to the purchase of unimproved land.
Any improvements or structures which contribute to costs of a parcel must
be deducted from the amount against which the State share is calculated.
Increases in cost or total value caused by improvements or structures must
be borne by the local government sponsor,
V. Project Nomination
The Department of Natural Resources, Division of Recreation and Parks, will
solicit formal project proposals from local governments. The Division will announce
the availability of the program by sending notices to all County and Municipal
governments whose jurisdiction borders on either the Atlantic Ocean or Gulf of
Mexico. An appropriate announcement will be submitted to the Florida Administrative
Weekly for publication.-
Local governments which choose to participate in the program must comply with
(1) Provide a resolution of the local governing body which pledges
sufficient money to cover its share of the purchase, commits to the
survey, title starch an" appraisal costs, and agrees to provide for
day-to-day management and any development costs. Site improvements
will be in accordance with Division of Recreation and Parks standards.
(2) Provide pertinent project Information, including an aerial photograph,
site location map, legal description, tax records, ownership docu-
ments, resources description, description of mass transit system
in the immediate locale, if available, and the availability, amount,
and proximity of public parking.
(3) Agree to handle direct owner contact for coordination and
negotiation, if requested.
Nominations received after a designated due date are subject to rejection,
'holding, or-a renomination requirement.
VI. Project Review and Prioritization
The Department of Natural Resources, Division of Recreation and Parks, will
select and prioritize a list of sites to be funded upon successful negotiation. The
--~~ ~ ~ ~ :-- ,---- -------- ------------ --- ---
priority list of nominated sites will be maintained and upcatec throughout the period
of funding, and will be available to all interested parties.
In order to select the priority list of sites in the inaugural screening of
nominations, and any subsequent reviews which may be warranted, the Department will
apply the Saltwater Beach needs identified in the State Comprehensive Outdoor Recre-
ation Plan. The criteria to be used are:
(1) saltwater beach needs;
(2) the proportional amount of the sponsor's purchase-money
(3) the distribution of local beach-access points to be achieved and
general suitability of the parcel for recreation.
(4) endangerment and vulnerability of the proposed site;
(5) any early pledges of favorable terms by the property
The local government sponsor must provide a boundary map for each nominated
site. This information will be reviewed by the Department of Natural Resources,
Division of State Lands, to insure that it satisfys the requirements of law.
Complete title information will also be required and submitted to the Division of
State Lands for review and acceptance.
When a site is sufficiently high on the priority list and the Division of
Recreation and.Parks is able to authorize material steps toward purchase, the sponsor
must pay for a market value appraisal, or appraisals, accreditable by the Department.
Independent appraisers on the Department's approved list will be used. These appraisers
will have to comply with the applicable requirements of Chapter 253, Florida
Statutes. Appraiser selection and review andcapproval of all appraisals will be
handled by the Division of State Lands, Bureau of Appraisal, in cooperation with the
In most instances, it is planned that the local government will conduct the
negotiations for purchase with the private property owner, which process can not
begin under law until after the appraisals) is accepted by the Department. The
terms and conditions of the purchase will be entered on contract forms provided by
the Department. The appropriate Department staff will provide detailed guidance
S'throughout the process.
Terms of purchase for- each site will be reached in accordance with the applicable
requirements of Chapter 253, florida Statutes. The State will not pay any share of
that part of a purchase price exceeding the maximum allowed under provisions of the
statute. Final approval of the Governor and Cabinet, upon the recommendation of the
Department, will be prerequisite to purchase in all cases.
Prior to its recommending purchase of a site tc the governorr and Cabine:, the
Department will require a binding commitment from the local government sponsor for
fulfl, ment of the sponsor's obligations. The commitment will address necessary
arrangements for purchase-money payment, any needed site development, and long term
Title to all properties purchased with tnh use of SOC funcs will bt taken by the
State of Florida Boarc of Trustees of the Internal Improvement Trust: Fund. The
Division of recreation and Parks will request a long-term "pass-through" leasehold in
each property from the Board of Trustees upon acquisition. When it acquires the
leasehold, the Division will pass management responsibility to the sponsoring local
government by sublease.
SAVE OUR COAST
BEACH ACCESS INITIATIVE
PurpD- P : to acquire private lands of limited width that will
guarantee public access to major stretches of recreational beach.
See Attached SAVE OUR COAST BEACH ACCESS INITIATIVE and
PROCEDURES FOR IMPLEMENTATION OF BEACH ACCESS INITIATIVE UNDER
SAVE OUR COAST.
Fund ing: The Initiative received some $5,516,480 from the last
SDC bond sale and is to receive 251 of the proceeds of any future
Save Our Coast Bond sales. Projects are limited to a maximum
State contribution of s187,500 or 75% of actual land cost,
whichever is less. They are subject to direct approval of the
Governor and Cabinet, rather than processed through the Land
Acquisition Selection Committee, which, by law, reviews
acquisitions valued at more than 5250,000. Local governments
must fund at least 25% of the actual land cost, plus the costs of
title search, boundary mapping, appraisal and any needed
development and management.
May 29, 1987 Governor and Cabinet approve the Beach Access
January, 1989 First Save Our Coast bonds applicable to the
Initiative are sold.
January 27, 1988 The Division of Recreation and Parks solicits
nominations from local governments.
Information packages and applications are sent
to all coastal county commissions and all
municipalities fronting the open waters of the
Bulf of Mexico and the Atlantic Ocean.
3une 1A, 199BB governor and Cabinet approve first list of RO
Dctobrr E7, 298B Second call for nominations sent to aoplicable
local governments with a deadline of November
December 5, 2988 Deadline for receipt of applications extended
to February 24, 2989, to allow additional
Summary of Activity: The first list of 20 nominations approved
by the Governor and Cabinet consisted of one project from the
City of Atlantic Beach (Duval County), ten from Brevard County,
eight from Lee County (the County committed to purchase two sites
with the remaining sip submitted as alternatives) and one from
Monroe County. Discounting Lee County's six alternatives, this
left 14 projects. Following approval of the list, Brevard County
notified the Division that one of its sites had been developed
and should, therefore, be withdrawn from further consideration.
At present, the remaining 13 projects with a total estimated
value of nearly s5.7 million (anticipated State contribution is
S1.3 million) are being processed toward acquisition If all 13
projects are acquired, approximately s4 million will remain in
the Beach Access fund. One additional application was received
from Sarasota County after the Governor and Cabinet approved the
initial list, but prior to the second call for nominations. It
will be processed with second-round applications received by the
deadline. The anticipated State contribution for this project,
if acquired, is. 187,500. As of November 27, 3989, no
applications were received as a result of the second call for
Status of Projiets: No projects have been acquired to date. The
Monroe County and City of Atlantic Beach projects have satisfied
all preappraisal requirements and are being processed toward
appraisal. The vBrevard and Lee County projects have not yet
satisfied the preappraisal requirements.
1.lORIA V'VAMTHT OF NATURAL NESOUAS
DIVISION OF RECREATION AND PARIS
Status Report of Acquisitions Under Save Our Coast Program
as of January 31, 1989
Date of Amount of
Nap Initial Cu f/Ocean Amount State Land Local
No Project County Authorisation Acrease Frontage Authorized Costs to Date Participation Comments
1 Itenderson Beach Okaloosa 10/22/82 208.535 6,645'-C $ 13,100,000.00 $ 13,100,000.00 $ Closed 2/4/83; Leased to DRP
2 martin County artin 02/15/83 29.34 3,708-A 8,321,995.00 8,321,995.00 1,840,586.00 Eleven parcels cloned various dates 1983
Tr.ctx Martin County's acquisition of another 6-ecre tract
(Bathtub Pearh) for $2,439,393 related to program
To be leased to DRP for sublease to Martin County
3 North Beach Broward 03/15/03 59.88 4,283'*A 35,522,600.00 35,522,600.00 7,000,000.00 Parcels closed from 6/15/83 6/14/85l
Leased to DRP/subleased to Brovard County )
4 Lighthouse Point Volusti 05/18/83 136.03 1,662'-A 3,729,800.00 2,834,200.00 1,072,450.00 Closed 6/24/83"
Litigation for additional 37 acres approved 3/3/87;
state cost for settlement was $1,200,650 addingt sa 37
A acres of upland and some 40.59 acres of submerged leads
Under interim management by DRP pending release of
sublease and direct leasing free Trustees
5 South End of Amelia Nassau 06/21/83 228.71 4,580'*A 8,775,000.00 8,775,000.00 Optionse through 4 closed from 7/15/83 6/28/85
Island Leased to DRP
6 Hashes Sands VLaklle 06/21/83 236.34 4,023'0G 1,295,609.00 1,295,009.00 Parcels closed froe 7/16/83 /24/84
SLeased to DRP/subleased to Vakultl County
7 Lovers Key Lee 08/03/83 434.10 7,650'1C 10,738,780.00 10,738,780.00 Parcels closed fro 8/18/83 8/9/84
Leased to tPR
8 Surfaide Addition St. Luete 06/21/83 2.18 702'-A 105,400.00 105,400.00 234,600.00 Closed 10/7/83
Leased to DRP/subleased to City of Tort Pierce
,:Lattua epaott e oicquiettloii ubiK 5o i>** tout L%,ruat t'ioUn,
as of January 31, 1989
Date of Anount of
HIp Initial CGulflOcean Amownt State Land L.calt
No. Project County Authorization Acreage Frontage Authorized Costs to Date Tarticipation Comments
9 B.ahlia ondsa onroe 06/21/83 37.80 1,675'-A $ 2o,00,010.00 $ ,00,000.00 Options 1 and 2 closed 11/4/83 and 7/5/84, respectively
Addition Leased to DRP
10 North Shore Open Dade 12/13/83 6.03 650'-A 6,661,176.00 6,647,988.11 344,000.00 Parcels closed from 1/6/84 7/15/88
Space Leased to DRP
11 Shell Islatm Bay 03/20/84 207.25 10,658'-C 11,641,162,00 11,659,604.82 178.7-acre holding closed 3/14/86( numerous lots
closed. 2 tots authorized but not closed
Leased to DRP
12 Indian River North Indian 08/21/84 44.5837 2,139'-A 4,310,683.00 4,309,033,00 Parcels t i.tn from 9/24/84 8/14/87*
Beach Complex River Leased to DPr/lublessed to Indian Rtier County )
13 Grayton Dunes Walton 08/21184 315.3116 5,892'-G 18,214,432.00 18,163,256.00 Parcels closed free 1/9/85 7/24/85
Leased to DtRr/ubleased 15 acres to Walton County
14 Conch Island St. Johns 09/06/84 487.41 5,860'-A 10,414,927.92 10,414,927.92 Optlons closed from 10/31/84 5/7/87
Leased o PIP
15 Don Pedro Island Charlotte 11/17/84 131.0 5,750'-C 6,082,550.00 6,082,550.00 Optione closed from 2/1185 12/16/85
Leased to DRtP
16 Avalon Tract St. Lucia 08/08/85 323.53 3,293'-A 13,045,000.00 12,914,000.00 2,540,000.00 Parcels closed from 12/12/85 12/22/86*
Leased to DRP
17 Coral Cove Pale .each 11/19/85 3.5 300'-A 2,160,0 0 ,000.00 ,1,0.0 540,000,00 Closed 2/18/86
Leased to ORr/!blead t to Palm Beach County
"18 No. 11 Corp/Sirk Indian 01/07/86 6.46 565'-A 895,440.00 891,862.00 Closed 4--86 )
Tract River Leased to DRP/rubleased to Indian River County
as of January 31, 1989
Date of Amount of
Hap Inttial Gulf/Ocean Amomnt State Land Local
IHo. Project County Authorization Acreage Frontag Authorized Costs to Date Participation Comments
19 Cuana River St. Johns 01/07/86 10,809.00 24,557*-A $ 22,907,677.00 $ 22,610,143.87 Options closed from 1984 12/19/86
6/26/88 $200,000 authorized for additional 19 acres
Leased to DRP and CFWC, $25,000,000 of CAPL funds appied
to acquisition of project land prior to transfer to SOC
20 Muscara Tract Martin 01/21/86 21,7 850'-A 2,380,000.00 2,378,920.00 Closed 3/7/86; Martin Countys acquisition of another
2.3-scre tract for $600,000 relats to program
To be leased to itR tor sublease to Martin County
21 Juno Reach Palm Beach 03/18/86 13.00 677'1A 2,700,000.00 2,691,488.00 1,000,000,00 Closed 5130/86
(Otean Cay) Leased to DRP/subleaaed to Palm Beach County
22 South of Bloving Palm Reach 09/04/86 20.03 1,982'-A 11,120,000.00 11,001,354.00 1,880,000.00 Parcels closed from 12/19/86 /30/87*0
Rocks Club Tract Leased to DRP/sublesed to Palm Beach County
23 Brevard Co, Beaches Brevard 11/06/86 137.24 10,629'-A 15,976,802.50 16,538,027.50 7,755,200.00 Parcels closed from 2/6/87 10/7/88
Leased to MRI/subleased to Brevard County
24 Big Bend Dixie/ 12/16/86 58,834.69 274,000'-CM 21,822,855.00 21,757,755.00 Parels closed from 6/29/87 97/88
Taylor tnder multiple agency Interim management pending direct
leasing from Trustees to DRP and CFVC
25 Ihtchinson Island St. tucie 03/03/87 313.40 6,245'-A 8,000,000.00 8,000,000.00 Opttons closed from 5/30/87 2/19198
(Green Turtle Beach) Leased to DRP/subleased to St. u-te County
TOTALS 73,047.055 74,157'9A* $241,939,889.42 $238,916,494.22 $ 24,216,835.50
388,775'*Total Frontage )
*A *- Atlantic Ocean Frontage generally sandy beach
*G Culf of Mexico Frontage generally sendy beach
*GM CGulf of Mexico Frontage generally marsh
Final Proof of Acreage Content Allowd a Cost Iess
Than Authorized Aunt
#I#. Jab*-I> i ui's S u4tUA" *L4 uh6 e b0 v .. 4-4.IA4 4 AL.6
a *N r It
1. Henderson Beach 6 1p s
lenderson each 14
2. Martin Cotnivty Tracts 0 ^ 24 W ^* ^-^S *^Q< l
3. North Deach I '
4. Lighthouse PointW
5. South End of Amelia Island 4
6. ashes Sands **
7. Lovers Key arar"'.
8. Surfside Additions aw
9. nahia Ilonda Addition ', .^o<< .
10. North Shorp Open Space i..... r'" -;
I1. Shell island 23, .
12. Indian River North Beach Complex \ ~ "" 7F 1 *cr
13. Grayton Dunes s r
14. Conch Island
15. Don Pedro Island- -*- 12 & 18
16. Avalon Tract \ .,,. a ...,: U; 9 6 2
17. Coral Cove Addition 8 : 16 25
18. No. 11 Corp/Sirk ..
19. G(;uana River .r .-. 2
20. Muscara Tract i S^7,9*.17 21 22
21. Juno Beach (Ocean Cay) Tract 15
22. South of Blowing Pocks Club Tract .w4r" *** *ACj
23. Ilrevard County Beaches a ^ fr
24. Dig Dend -- 3
25. Hlutchinson Island (Green Turtle each) .1 ^ c .
.. ** -^ r
* V 040
:::S:OKM Or ADInIS T:.:ST IO
ShRrY or soc "TS 7 rn:D
etbruuay 2, 1989
rl::lC; C..SE : I)\' SSI5 (1a..ance as cf c bectse: 31, 19S): 15
? J",S AA,,HOrW F0M. PU.CH 0:
O. PRJ-0" 0.o'" ON F.Sw '
2 ig ben Coas: :as:(vey .Mtba ) 99,25
7 GCuas vert(kogers) Z.D. 200,000
1 luli6eutll CDst 10.I2,I
S.Shore Ope Space CLOSIN TWK. 86.250
SS.ll llan Opios 2RS2RVD 3,000
7 Sbf2ll ilajm(&rviral U^) C..OS2I5 XW. 57.907
T?OPOSD ACQUTZSITIZWS (2/16/59 AC2Di.)
I9 Crec re ^cn(2ia >s T.) 07/21/ff9 ,3S2,000
onm:L-&.coy ncos Ain>sI
*2.PS* ". -F I 2 3 S.V1. '" -tI =
: : a a Si "l ,
IPrfMD Al ms Ac s
Ef~ bn~ tu= Ts rc~~~r tir~h,rrrrrD= -A3 =0