LMD Briefing Data as of 03/12/03 Managing 137,272 Acres of Land Presented By: Jim Bridgeman

LMD BriefingData as of 03/12/03

Managing 137,272

Acres of Land

Managing 137,272

Acres of Land

Presented By:Jim BridgemanPresented By:Jim Bridgeman


Land Management Organization Chart

Effective June 1, 2003

Pamela S. Mac'KieDeputy Executive Director


Thomas W. OlliffAssistant Deputy Executive Director

Thomas F. McCrackenDepartment Director,

Land Management and Operations

Right of WayThomas L. Fratz

Land StewardshipFrederick E. Davis

Interim Land ManagementJames A. Bridgeman

Operating Support


Land Management Organization Chart

Effective July 24, 2003



Thomas W. OlliffAssistant Deputy Executive Director

Thomas F. McCrackenDepartment Director,

Land Management and Operations

James A. BridgemanField Operations Manager

Real Estate

Linda M. RobinsonStaff Administrative Resources

Associate

Anita C. RahonSr. Financial Analyst

Antonio J. RomanachSenior Property

Manager

Lee HendersonSr. Planner

Philip J. KochanProperty Manager

Andrea M. StringerSenior Property

Manager

Kenneth A. FooteSenior Property

Manager


Comparison of Program FocusComparison of Program Focus

LAND STEWARDSHIP

Restore to natural condition

Maintain natural state in perpetuity

Resource-based public use

Partnership solicitations seek best qualified lessee for maximizing restoration functions

LAND STEWARDSHIP

Restore to natural condition

Maintain natural state in perpetuity

Resource-based public use

Partnership solicitations seek best qualified lessee for maximizing restoration functions

INTERIM LAND MANAGEMENT

Manage until restoration project implemented

Minimize taxpayer burden

Partnership solicitations seek revenue generation & positive economic impact to region

INTERIM LAND MANAGEMENT

Manage until restoration project implemented

Minimize taxpayer burden

Partnership solicitations seek revenue generation & positive economic impact to region


498,272 Acres of Land Owned 498,272 Acres of Land Owned Land Stewardship (Natural area restoration,

conservation, recreation lands)361,000

Interim Land Management (Project lands for CERP, ECP, Structures, Restoration, etc.)

137,272

Land Stewardship (Natural area restoration, conservation, recreation lands)

361,000

Interim Land Management (Project lands for CERP, ECP, Structures, Restoration, etc.)

137,272


(Does not include 1,800 miles canal ROW or 880,000 acres WCA)


Interim Property Management

Managed Acres


Managed Acres

TOTAL ACRES 137,272

113,135

24,137Leased UnderContract

Vacant


Regional Acquisition Strategy Map

Regional Acquisition Strategy Map



Definition


Definition

Interim period is from the date of

acquisition to the beginning of construction

or conversion to the property’s ultimate

planned use.

Interim period is from the date of

acquisition to the beginning of construction

or conversion to the property’s ultimate

planned use.



Mission


Mission

Considers the economic impact to the region Reduces management expenses Protects and preserves the land for present and

future generations Land is in an improved condition when turned

over to project

Considers the economic impact to the region Reduces management expenses Protects and preserves the land for present and

future generations Land is in an improved condition when turned

over to project

The Land Management Department will support the District’s overall mission by providing high quality interim land management that:

The Land Management Department will support the District’s overall mission by providing high quality interim land management that:



Activities


Activities Lease lands for agricultural uses Implement Best Management Practices

(BMP’s) Recover purchase price of acquired

improvements or business inventories by liquidation sales

Manage demolition and clearing of improvements

Coordinate regulatory compliance on managed lands

Lease lands for agricultural uses Implement Best Management Practices

(BMP’s) Recover purchase price of acquired

improvements or business inventories by liquidation sales

Manage demolition and clearing of improvements

Coordinate regulatory compliance on managed lands


Interim Land Management Program Goals

to manage land pending project construction

Interim Land Management Program Goals

to manage land pending project construction

Preserve and protect the resource Reduce exotic plant infestation Preserve existing agricultural economy Provide alternate source of revenue which reduces taxpayer burden

for land management activities Retain property on local county tax rolls

Preserve and protect the resource Reduce exotic plant infestation Preserve existing agricultural economy Provide alternate source of revenue which reduces taxpayer burden

for land management activities Retain property on local county tax rolls


How Do We Get Contracts?How Do We Get Contracts? From Real Estate Acquisitions

Reservations Leasebacks Subject to

Seller not interested in continuing activity – solicit bids Buy vacant property – solicit bids Miscellaneous – other contracts

License Agreements/Use Agreements


Contract DefinitionsContract Definitions

Lease – A written document by which the owner transfers the rights of use and occupancy of land and/or structures to another person or entity for a specified period of time in return for a specified rental.

Leasehold – the interest or estate which a lessee has in real property by virtue of his lease.



Reservation – A right reserved by an owner in the grant (sale or lease) of a property. Generally, the Reservation fee is a negotiated item usually associated with a professional appraisal, and is deducted from the seller’s proceeds. The Reservation term is also a subject of negotiation, however, it is usually for a fixed period after which the property is subject to the District’s discretion for competitive bid or project related use.



Subject to – Is an assignment of an existing lease at closing, the terms and conditions of which, including the rent and termination date, were previously agreed upon by the seller, as lessor, and lessee. Consequently, the lease, most likely does not contain the standard District clauses which are geared towards protecting the district’s interest.



Contracts by Type


Contracts by TypeWhile 50% of our contracts were competitively bid, they represent only 8% of the total acres leased.

Reservation/Leasebacks are only 25% of our contracts, but represent 70% of our total managed acres.

The other 22% of acres leased is a result of leases already existing on land purchased.


Interim Property ManagementBreakdown of Acres Managed and

Method of Acquisition

Interim Property ManagementBreakdown of Acres Managed and

Method of Acquisition

Leased Acres 83% 113,135Vacant Acres 17% 24,137Total Managed Acres 137,272

ACRESReservation/Leaseback 70% 79,195Subject To 22% 24,890RFB/RFP 8% 9,050Total Leased Acres 100% 113,135


Land Management Financial Performance

Lease Program Contribution

Land Management Financial Performance

Lease Program Contribution Acres Leased 113,135

Revenue $2,366,883

Property Tax Paid to

Counties by Lessees $2,875,040

Cost Avoidance

($25 per acre) $2,828,375

Total Contribution $8,070,298

Acres Leased 113,135

Revenue $2,366,883

Property Tax Paid to

Counties by Lessees $2,875,040

Cost Avoidance

($25 per acre) $2,828,375

Total Contribution $8,070,298


Land Management Financial PerformanceLease Program Contribution

Land Management Financial PerformanceLease Program Contribution

1998 Thru 2002 2003 Total

Acres Leased 102,214 113,135 113,135

Revenue 7,077,178 $2,366,883 $ 9,444,061

Property Tax Paid toCounties by Lessee N/A $2,875,040 $ 2,875,040

Cost Avoidance($25 per acre) $8,033,800 $2,828,375 $10,862,175

Total Contribution $15,110,978 $8,070,298 $23,181,276


ACRES+/-

TAXABLE VALUE

TOTALPAID

GLADES 1,450.20 $191,122 $3,539

HENDRY 19,015.45 $9,169,340 $858,650

HIGHLANDS 362.18 $44,255 $869

MIAMI-DADE 1.32 $172,393 $3,924

OKEECHOBEE 15,660.46 $1,688,204 $34,540

Lease Property by County 2002 Tax SummaryLease Property by County 2002 Tax Summary


ACRES+/-

TAXABLE VALUE

TOTAL PAID

OSCEOLA 5,389.40 $512,564 $9,257

PALM BEACH 49,914.29 $32,332,068 $1,952,083

POLK 8,329.33 $717,390 $12,179

Grand Total 100,122.63 $44,827,336 $2,875,040

Lease Property by County 2002 Tax SummaryLease Property by County 2002 Tax Summary


Lease Property by County 2002 Tax Summary


ACRES+/-

TAXABLE VALUE

TOTAL PAID

MAJORLESSEES

GLADES 1,450.20 $191,122 $3,539 Peeples/Collier

HENDRY 19,015.45 $9,169,340 $858,650 U.S. Sugar Corp./Berry Groves

HIGHLANDS 362.18 $44,255 $869 Lanier/ Matthews

MIAMI-DADE 1.32 $172,393 $3,924 Condo Parking Lots

OKEECHOBEE 15,660.46 $1,688,204 $34,540 Grassy Island Ranch/Louthan/Langford/Lanier/Stokes Cattle




ACRES+/-

TAXABLE VALUE

TOTAL PAID

MAJORLESSEES

OSCEOLA 5,389.40 $512,564 $9,257 Overstreet/Maxcy/Southport Ranch/Rawlings & Sharon

PALM BEACH 49,914.29 $32,332,068 $1,952,083 Florida Crystals/Okeelanta/U.S. Sugar/Woerner/Roth

POLK 8,329.33 $717,390 $12,179 Overstreet/Fulford/ Southport Ranch/Lightsey

Grand Total 100,122.63 $44,827,336 $2,875,040


Interim Property - Acres Leased(by County)

1,142

1,455

9,078

17

23,383

5,754

5,568

61,053

2,260

1,133

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000

Broward

Glades

Hendry

Lee

Martin

Miami-Dade

Okeechobee

Palm Bch.

Polk

St. Lucie


Interim Property -Revenue (by County)

$50,076

$19,809

$0

$1,669

$187,400

$385,100

$25,134

$1,369,128

$240,600

$168,750

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000

Broward

Glades

Hendry

Lee

Martin

Miami-Dade

Okeechobee

Palm Bch.

Polk

St. Lucie


Interim Property Management1998-2003 Acres Leased/Staff

Interim Property Management1998-2003 Acres Leased/Staff

0

2

4

6

8

10

12

14

FY98 FY99 FY2000 FY2001 FY2002 FY2003

STAFF ACRES

113,135 ACRES 8 STAFF

12,177 ACRES 6 STAFF


Maintaining Perimeter Fencing

Maintaining Perimeter Fencing


Unexpected Maintenance & RepairReplacing Culverts

Unexpected Maintenance & RepairReplacing Culverts


Record & Inventory Purchased AssetsRecord & Inventory Purchased Assets


Lease-required BMPSecondary Containment around Fuel Tanks

Lease-required BMPSecondary Containment around Fuel Tanks


Illegal Dumping & Debris CleanupIllegal Dumping & Debris Cleanup


Billboard AcquisitionsBillboard Acquisitions


Liquidation Sale of Nursery Stock Liquidation Sale of Nursery Stock


Exotics ControlExotics Control

Brazilian Pepper - Before Brazilian Pepper - After


$980,288

$1,783,481

$3,008,842

$4,934,747

$4,403,620

$5,195,258

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

FY98 FY99 FY2000 FY2001 FY2002 FY2003

Interim Property Management -Revenue and Cost Avoidance to date Total Contribution $20.8 million


Demolition and Environmental CleanupDemolition and Environmental Cleanup


Interim Property ManagementConclusions

Interim Property ManagementConclusions High growth program brings challenges:

volume of acquisitions outpacing staff resources

increasing exotic management needs complex contracts require intensive

administration emphasis on including Land Management issues

in Land Acquisition negotiations maximize revenue while protecting the

resources

High growth program brings challenges: volume of acquisitions outpacing staff

resources increasing exotic management needs complex contracts require intensive

administration emphasis on including Land Management issues

in Land Acquisition negotiations maximize revenue while protecting the

resources


Interim Property Management Professional and Diverse Staff

Interim Property Management Professional and Diverse Staff Masters of Business Administration

Master of Public Administration

Master of Regional and Community Planning

Master of Chemical Engineering

Nationally Certified Real Property Administrator

Professional Engineer

Fellows of Natural Resource Leadership Institute

Licensed Landscape Architect


Staff GoalsStaff Goals Consistencies between Land Acquisition

and Land Management Improve Governing Board perception of

Land Management Recognition by Governing Board that lease

restrictions affects market value Credible Project schedules Payment of rent in advance Tax escrow Authority to enter into License Agreements

for less than 12 months. Dealing with existing leases

Consistencies between Land Acquisition and Land Management

Improve Governing Board perception of Land Management

Recognition by Governing Board that lease restrictions affects market value

Credible Project schedules Payment of rent in advance Tax escrow Authority to enter into License Agreements

for less than 12 months. Dealing with existing leases


Documents

LMD Briefing Data as of 03/12/03 Managing 137,272 Acres of Land Presented By: Jim Bridgeman