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Home My WebLink AboutDocumentation_Workshop_Tab 03_9/2/2025Agenda Item #3. Workshop STAFF MEMO Meeting:Workshop - Sep 02 2025 Staff Contact:Jeremy Allen, Village Manager Department:Manager TITLE Consideration of a Ballot Question for a General Obligation Bond for the Purchase of 1 Main Street/Paradise Park SUMMARY: The Village of Tequesta has an opportunity to acquire 1 Main Street/Paradise Park, a key property within the Tequesta Village Center, consisting of three parcels: Parcel No. 60-43-40-30-47-002-0000 Parcel No. 60-43-40-30-47-001-0000 Parcel No. 60-43-40-30-47-003-0000 The properties have sat vacant since the early 2000s. The Village had an approved lease agreement for the properties dating back to 2009, and the Village utilized the space as a park space. In 2021, the properties went up for Sale, and the Village no longer had rights to the property. The Property was sold in 2023. In June 2021, the Village of Tequesta obtained an appraisal valuing the properties at $5,285,000 (see attached), while the owner sought $6,000,000. A recent appraisal has increased the valuation to $9,800,000 (see attached report). The new owner is willing to sell the properties to the Village for $8,800,000. To finance this acquisition, the Village Council is proposing a General Obligation Bond of "not to exceed" $9,000,000, subject to voter approval via ballot. The placement of a referendum on the ballot for the March 2026 election, allowing voters to decide on issuing a General Obligation Bond not toexceed $9million for the purchase of 1 Main Street/Paradise Park. The bond validation process will follow the timeline outlined in the "General Obligation Bond Validation" document, ensuring compliance with all legal and procedural requirements. Page 231 of 430 Agenda Item #3. Property Lease In exchange for the owner holding the property for the voters to decide on the purchase of this property through a referendum, the Village would lease the property from the owner to assist in covering the owner's cost for taxes and insurance obligations. The term of the lease would be for 1 year at a cost of $125,000. The owner would apply half of the lease proceeds toward the purchase price. The Village and Seller are still working out the details of the lease agreement language. Parking Covenants (See attached memo) Staff has met with the adjacent property owners (250 Tequesta Drive and 1 Main Street). The owners provided and highlighted the parking agreements/requirements that should be considered for this property. 250 Tequesta Drive requires that the owner of the parcels provide 21 spaces when the parcel develops. The owner of 1 Main Street entered into a sales agreement for the 3 parcels, requiring that the property at 1 Main Street stay in compliance with the parking code. 1 Main Street currently utilizes the parking lot (parcel 1 of 3) to remain in compliance. The Owner of the 3 parcels would need to maintain a shared parking arrangement and provide a minimum of 40 parking spaces to the 1 Main Street property. Included: Draft Information Packet o Description Page 232 of 430 Agenda Item #3. o Examples o 2015 Layout o Referendum Language (Limit 75 Words) o Bond Value Calculator Memo Outline Parking Agreements Parkland Purchase Policy Owner Provided 2025 Appraisal VOT Appraisal 2021 Bond Validation Timeline Assumptions: 9 Million 30-year, % rate *Estimates (5.5%) Taxable ValueEstimated Millage RateEstimated Annual Tax 1,500,000.2936$440 1,000,000.2936$294 650,000.2936$191 This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561- 768-0443. BUDGET INFORMATION: BUDGET AMOUNT NA AMOUNT AVAILABLE NA EXPENDITURE AMOUNT: NA FUNDING SOURCES: NA IS THIS A PIGGYBACK: Yes N/A DID YOU OBTAIN 3 QUOTES? Yes N/A COMMENTS/EXPLANATION ON SELECTION NA ATTACHMENTS: draft package Parking Memo Adopted Final Parkland Purchase Policy 2025 Appraisal 2021 Appraisal Validation Timeline-Tequesta 2025 2026 Page 233 of 430 Agenda Item #3. The Village of Tequesta is considering a transformative shared-use park project, funded by a bond of up to $9,000,000 to purchase land This bond will be considered by a referendum. This initiative aims to create a vibrant, accessible, and sustainable public space that fosters recreation, environmental stewardship, and community A Welcoming Gathering Space: Imagine a beautifully designed amphitheater or pavilion at the heart of the park, perfect for concerts, community events, and family gatherings. This versatile venue will bring residents together for cultural and recreational experiences. Expansive Green Spaces: Picture open lawns and serene landscapes where families can picnic, children can play, and individuals can relax in nature. These green spaces will promote environmental preservation and provide a peaceful retreat for all. Thoughtful Amenities: The park will include essential public facilities like convenient parking, restrooms, and well-maintained pathways to ensure accessibility and comfort for everyone, from young families to seniors. Limited Private Uses with Public Oversight selected private amenities, such as a small caf, restaurant, or recreational rentals, may be Supportive Infrastructure: Infrastructure, including lighting, seating, and sustainable landscaping, will create a safe and inviting environment for day-to-night use, supporting a variety of activities year-round. A Commitment to Transparency: Every dollar spent will be accounted for with clear, public expenditure reporting, ensuring trust and accountability as we bring this vision to life. This park could ŷźƭ ķƚĭǒƒĻƓƷ ƒğǤ ĬĻ ƩĻƦƩƚķǒĭĻķ ǒƦƚƓ ƩĻƨǒĻƭƷ źƓ ğƓ ğƌƷĻƩƓğƷźǝĻ ŅƚƩƒğƷ ĬǤ ĭƚƓƷğĭƷźƓŭ ƷŷĻ źƌƌğŭĻ ΏАЏБΏЉЍЍЉ ƚƩ ĬǤ ĭƚƒƦƌĻƷźƓŭ ƚǒƩ ğĭĭĻƭƭźĬźƌźƷǤ ŅƚƩƒʹ ŷƷƷƦƭʹΉΉĬźƷ͵ƌǤΉЌƒƓŅĻ Ѝ Page 234 of 430 Agenda Item #3. 1 Coconut Grove - Peacock Park/Glass and Vine Page 235 of 430 Agenda Item #3. 2 Abacoa Downtown Page 236 of 430 Agenda Item #3. 3 Edison & Adderley Amphitheater (Tallahassee) The Page 237 of 430 Agenda Item #3. 4 Downtown Winter Garden (splash pad adjacent to dining area/green space) Page 238 of 430 Agenda Item #3. 5 t Stuar Co Lab Kitchen Page 239 of 430 Agenda Item #3. 6 Kiosks in Parks Page 240 of 430 Agenda Item #3. 7 Shake Shack’s First Location is a Food Stand in Madison Square Park (NYC) Page 241 of 430 Agenda Item #3. 8 Rosemary Beach - Peddlers Pavilion Page 242 of 430 Agenda Item #3. 9 Virginia Arlington, - Landing National - Park Water Page 243 of 430 Agenda Item #3. 10 Outdoor Beer Gardens/Outdoor Seating Page 244 of 430 Agenda Item #3. 11 Open Air Dining Concepts Page 245 of 430 Agenda Item #3. 12 Use Amphitheater - Multi Page 246 of 430 Agenda Item #3. 13 Farmers Markets Page 247 of 430 Agenda Item #3. Page 248 of 430 Agenda Item #3. źƌƌğŭĻ ƚŅ ĻƨǒĻƭƷğ DĻƓĻƩğƌ hĬƌźŭğƷźƚƓ .ƚƓķ wĻŅĻƩĻƓķǒƒ Shall the Village of Tequesta issue bonds up to $9,000,000, repaid within 30 years, with interest not exceeding the legal maximum, funded by ad valorem taxes, to acquire, develop, and improve shared-use park space, including an amphitheater or pavilion, open green spaces, public accessory uses like parking and restrooms, limited private accessory uses under public oversight, and infrastructure, to promote recreation, environmental preservation, and well-being, with transparent expenditure reporting? ŷźƭ ķƚĭǒƒĻƓƷ ƒğǤ ĬĻ ƩĻƦƩƚķǒĭĻķ ǒƦƚƓ ƩĻƨǒĻƭƷ źƓ ğƓ ğƌƷĻƩƓğƷźǝĻ ŅƚƩƒğƷ ĬǤ ĭƚƓƷğĭƷźƓŭ ƷŷĻ źƌƌğŭĻ ΏАЏБΏЉЍЍЉ ƚƩ ĬǤ ĭƚƒƦƌĻƷźƓŭ ƚǒƩ ğĭĭĻƭƭźĬźƌźƷǤ ŅƚƩƒʹ ŷƷƷƦƭʹΉΉĬźƷ͵ƌǤΉЌƒƓŅĻ Ѝ Page 249 of 430 Agenda Item #3. The Calculator below allows you, as a resident, to insert your value into the space to calculate what the estimated increase in taxes would be if determined that the Village of Tequesta should own 1 Main Street/Paradise Park. Based on 0-year amortization at an estimated 5.5% Based on 9 Million Dollar Bond Property Values can be located at https://gis.pbcgov.org/papagis/# %2-111-111/11 1/3:47%3:4/71 -Prior to 2021, the Village of Tequesta leased these properties to utilize as park space dating back to 2009. o In 2021, the properties were up for Sale, and the Village no longer had rights to the property. Property Sold in 2023 This document may be reproduced upon request in an alternative format by contacting the Village Clerk’s Office at 561-768-0440 or by completing our accessibility form: https://bit.ly/3mnfeU4 Page 250 of 430 Agenda Item #3. TO: Jeremy Allen, Village Manager FROM: Jay Hubsch, Community Development Director DATE: 08/26/2025 SUBJECT: Parking Constraints at One Main Street One Main Street Property – Parking Encumbrances and Considerations The One Main Street property has a complex development history, including multiple parking encumbrances benefitting adjacent properties. One key encumbrance involves the Tequesta Corporate Center at 250 Tequesta Drive (Wells Fargo).Under a recorded parking easement agreement, the owner of the vacant One Main Street parcels must provide 21 parking spaces for Tequesta Corporate Center. These spaces are to be located along the westernmost portion of the site in accordance with the site plan attached to the easement. In 2023, the owner of the existing building at 1 Main Street (Parcel 4) sold the remaining three undeveloped parcels to the current owner. The purchase contract included a covenant to maintain compliance with Village parking regulations. Specifically, it states that the buyer “will not make any submittals to any applicable governmental authorities that would result in Parcel 4 not being in compliance with applicable zoning codes and laws, including, but not limited to, compliance with the parking requirements of the Village of Tequesta”. Parcel 4’s existing building does not have sufficient on-site parking to meet current Village code. It provides: 25 on-site spaces on Parcel 4; 12 additional spaces through an off-site parking agreement with the building immediately to the east (former Bank of America site); The balance of required spaces must be provided on the three undeveloped One Main Street parcels. While the exact number of code-required spaces for Parcel 4’s current uses has not yet been confirmed, a conservative estimate isthat at least 40 additional spaces are needed on the three undeveloped parcels to serve Parcel 4. Page 251 of 430 Agenda Item #3. Future Development and Shared Parking Opportunities If the three undeveloped parcels are developed in the future (e.g., for residential, office, or commercial use), there may be opportunities to implement shared parking strategies. For example, daytime office uses could share spaces with residential uses that have peak demand overnight, reducing the total number of exclusive spaces required. Conversely, if the Village were to acquire the parcels for park or recreational use, the ability to share parking would be more limited, since park facilities are typically utilized throughout the day. In that scenario, the Village would need to provide or maintain approximately 40 parking spaces exclusively for the businesses within Parcel 4 to maintain compliance with Village code and the contractual obligations. These spaces would be in addition to the 21 spaces required under the recorded easement for Tequesta Corporate Center. In total, the Village could be responsible for providing at least 61 parking spaces on the three parcels if they are acquired. Page 2 of 2 Page 252 of 430 Agenda Item #3. 6¨«« ¦¤ ®¥ 4¤°´¤²³ 0 ±ª« £ 0´±¢§ ²¤ 0®«¨¢¸ April, 2023 Page 253 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY Land Acquisition Framework and Criteria Purchase Priority Policy, Parks Master Plan The emphasis of these policies is working with a willing seller in acquiring lands. The development of a sustainable recreation and open space system that adequately provides for the current and projected recreational needs of the Village and enhances its built and natural environment by providing active and passive recreation opportunities. ACQUISITION FRAMEWORK Figure 4-1 presents a generalized decision model for considering the acquisition of candidate properties. It involves five steps. At any given step an individual property may be excluded from consideration. Step 1 - Acquisition Opportunity: The process begins with virtually anyone proposing a parcel for acquisition, including an individual property owner. The general location, assessor and land use information about the property, and the owner status as a willing seller is documented. These considerations are further described in Section 1.1. Step 2 - System Context: The potential acquisition is characterized relative to the acquisition goals of the Village and partnership opportunities. These are further described in Section 1.2. Step 3 - Sustainability: A sustainability analysis is conducted to determine if the existing Village Parks system can sustain the proposed acquisition. This analysis is further described in Section 1.3. Step 4 - Property Characteristics: Detailed information about the parcel is characterized to determine if there are specific resources, access conditions, use opportunities, liabilities, or other use constraints that would affect considerations about acquiring the property. This characterization is further described in Section 1.4. As more detailed information is obtained about a property, circumstances may come to light that warrant further deliberation as to the viability of that acquisition vis-à-vis the System Context and Step 5 - Acquisition Priority: The potential acquisition is evaluated and considered relative to other potential acquisitions active at the time using specific priority criteria. This analysis is further described in Sustainability considerations. Encompassing all steps is the consideration of balancing the land acquisition costs with the future value of the land in meeting the recreation needs of the Village. The Park Funds set aside for acquisition can be considerable, yet they are limited. 1.1 Owner Considerations If a property owner contacts the Village this indicates that there is a willing seller. An asking price is requested. If the Village contacts the owner, and there is not interest on the part of the owner to sell either property or an easement, the inquiry is terminated. Page 1 Page 254 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY 1.2 System Context To allow the Village to determine in a timely fashion if the particular property would benefit the overall Park System , an early determination is made about partnership opportunities and countywide significance. Following the guidance presented in the Strategic Plan and Comprehensive Plan, land acquisitions that collect over time provide a continuum of outdoor recreation opportunities for the various demographics are important. Expanding and balancing today's spectrum of recreation opportunities is benefited by partnerships that avoids the duplication of services and helps maintain low cost. 1.3 Sustainability When acquiring lands it is fair and reasonable to consider the general costs for staff, materials, equipment and security that will have to be provided in the Department's annual operations budget to operate and maintain the property at a selected standard, both in the undeveloped and developed states. Lacking an operational partnership of some sort, if the effect of operating the individual parcel may be burdensome relative to the ability of the Department to maintain existing level-of-service standards for the whole park system, the acquisition must be questioned. 1.4 Specific Property Characteristics An analysis of the unique park purposes possible for a potential acquisition is made by assessing the cultural, ecological and recreation attributes of each parcel. Ownership and Property Characteristics Criteria Definition Value Asking value and identification of circumstances (all cash, life estate, reinvestment advantage, charitable remainder trust, deferred gift annuity, deferred capital gains tax, partial gift through bargain sale, partial sale, conservation easement, public access easement, assure future sale) For comparative purposes, the value of recent transactions of a similar type where such information is readily available Property Description Assessor Parcel Number Location (relation to existing parks) Ownership information Acreage Type of Park (Community, Neighborhood Park) Zoning designation General description of property's natural features Page 2 Page 255 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY Acquisition Criteria Approved Plans for New The property is included in a planning document, site or Parks capital improvement plan, General Plans, or other agency regional open space plans. Expansion of Existing The property would expand an existing park such as a Village Park Boundaries contiguous property, or extend a logical boundary of an existing park. Trail Route The property involves connectivity to a walking/riding path, park, or school. Historic Value Property associated with architecture, events, or persons that have made a significant contribution to the broad archaeologic or historic patterns of North America, Florida, Region, or Village of Tequesta Regional Demand / Appeal The property would either expand an existing Village park or would create a new park that lends itself to activities and/or facilities that would: o appeal to a broad cross-section of the population and would draw users from within and outside the Village. o accommodate long-term outdoor recreation needs (i.e., more than 20 years) as identified through population projections, use surveys, and other recreation needs analyses. o represent -of-a- opportunity not available from other recreation suppliers. o Strategically purchase parkland in an area or neighborhood to enhance or change the character of the area through converting developed property into parkland or preserving an open space. Accessibility Property would be accessed directly from the main transportation routes within the Village or trails and walking paths already established. o Access routes to the property would not be significantly limited in their capacity. Resource Conservation The property has a direct relationship to attaining the resource conservation priorities of the State, County, or Village. Including the protection of scenic resources and areas with rich biological habitat that provide opportunities for appropriate resource-based recreation experiences of regional significance. Site characteristics to be considered include: - Listed species protection - Landscape connectivity - Natural communities representation - Watershed protection Page 3 Page 256 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY Partnership Criteria Lease or Acquisition Partner Opportunity to leverage acquisition costs by partnering with other park or open space providers, cities, or local public agencies for properties that have a direct impact to the Village. Lease / Easement Partner Opportunity to greatly reduce acquisition costs through lease and/or easement acquisition. Operations Partner Opportunity to fund property acquisition that would expand park systems and/or recreational facilities where other agencies will take on operations responsibilities in perpetuity. Sustainability Criteria Development Costs Generalized costs (assumed) for planning, design, and building improvements to open the park or trail for public use to its optimum intended use. Effect on deferring needed infrastructure / life-cycle capital expenditures in other parks and or new CIP projects indicated in adopted Village Master Plan. Operation Costs Generalized costs (assumed) for staff, materials, equipment, and security that will have to be provided in the annual operations budget to open and maintain the property at a selected standard, both in the undeveloped and developed states. Impact of operating the individual parcel will have on the ability of the Department to maintain acceptable level-of- service standard for the whole park system. Revenue Potential An initial estimate of revenue generation potential from the hypothetical optimum development and operation of the proposed property compares positively to the overall costs to acquire, develop, operate, and maintain. Property Characteristics Interpretive Potential Properties with natural or cultural resources that lend themselves to interpretation. exemplifying the natural diversity within the Village. Page 4 Page 257 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY Acquisition Procedures LEGAL REQUIREMENTS Village parkland acquisition operates under a legal framework, drawing from multiple federal, state, and local sources. Generally, the Village Council is vested with the authority to acquire land o territorial borders. This authority is found in the Village Charter Sec. 5.01 (11). STEPS A parcel evaluation is triggered by either the determination by the Department that the property is needed or by the owner's contact to see if the Department is interested in buying the property. If the evaluation results in the decision to purchase, the acquisition procedure is begun. The specific actions taken to acquire follow the legal requirements specified above and generally accepted professional standards for public real estate practices. The time periods shown are approximate and may be affected by the circumstances in an individual transaction. The Village representative contacts the owner to determine willingness to consider sale Step #1 to the Village. (Owners also contact the Department and start the evaluation process.) 1 to 3 The steps to be followed and the probable schedule are explained. Information about weeks the owner's expectations is gathered. The Village Council is asked to approve proceeding with an appraisal(s) of the property. Step #2 1 to 3 weeks Step #3 The property is appraised by an independent contract appraiser(s). If necessary, an 6-10 engineering study is ordered to analyze slope density and evaluate other development weeks potential to determine the highest and best use under current conditions. The Village Council is asked to approve the offer of compensation based on the Step #4 appraisal. 1 to 3 weeks The Village representative is provided with the appraisal and presents the offer to the Step #5 owner. 1 week Negotiations continue until agreement is reached. A definite response from the owner Step #6 can shorten this period. Impasse can result from the owner's unwillingness to sell at this time, dissatisfaction with the price offered, and/or disagreement with the basis of 4 to 8 appraised value (typically the development potential under Village planning ordinances weeks and regulations). During negotiations, the willingness of the Village to structure an agreement that meets the needs of the owner is emphasized. (Owner Options). Page 1 Page 258 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY The purchase agreement is forwarded to the Village Councilfor approval. When Step #7 approved, escrow proceeds until clear title is vested. Taxes are prorated and canceled 8 weeks as of the date of close of escrow. Florida statutes provide a procedure when a municipality is purchasing land, which keeps the negotiations and contract price exempt from public records disclosure pending an option contract or pending 30 days prior to Village Council action: 166.045 Proposed purchase of real property by municipality; confidentiality of records; procedure. (1)(a) In any case in which a municipality, pursuant to the provisions of this section, seeks to acquire by purchase any real property for a municipal purpose, every appraisal, offer, or counteroffer must be in writing. Such appraisals, offers, and counteroffers are not available for public disclosure or inspection and are exempt from the provisions of s. 119.07(1) until an option contract is executed or, if no option contract is executed, until 30 days before a contract or agreement for purchase is considered for approval by the governing body of the municipality. If a contract or agreement for purchase is not submitted to the governing body for approval, the exemption from s. 119.07(1) will expire 30 days after the termination of negotiations. The municipality shall maintain complete and accurate records of every such property, notice. The municipality will not be under any obligation to exercise the option unless the option contract is approved by the governing body at the public hearing specified in this section. (b) If the exemptions provided in this section are utilized, the governing body shall obtain at least one appraisal by an appraiser approved pursuant to s. 253.025 for each purchase in an amount of not more than $500,000. For each purchase in an amount in excess of $500,000, the governing body shall obtain at least two appraisals by appraisers approved pursuant to s. 253.025. If the agreed purchase price exceeds the average appraised price of the two appraisals, the governing body is required to approve the purchase by an extraordinary vote. The governing body may, by ordinary vote, exempt a purchase in an amount of $100,000 or less from the requirement for an appraisal. (c) Notwithstanding the provisions of this section, any municipality that does not choose with respect to any specific purchase to utilize the exemption from s. 119.07(1) provided in this section may follow any procedure not in conflict with the provisions of chapter 119 for the purchase of real property which is authorized in its charter or established by ordinance. (2) Nothing in this section shall be interpreted as providing an exemption from, or an exception to, s. 286.011. Page 2 Page 259 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY Seller Options The Village of Tequesta offers land owners the opportunity to contribute to the community while realizing the financial benefits of their holdings. Sellers have many options when selling or donating land to Village of Tequesta for park purposes. Listed below are options available for sellers to consider. The suitable choice will depend on individual preferences and needs. Sellers will want to consult their tax advisor, accountant or estate planner for advice on which option fits their individual situation. The Village can work with potential sellers and/or donors to find a mechanism for property transfer that will serve the public interest while accommodating the needs of the property owner. The following options are not intended to be all-inclusive. These are some options that may be available for potential sellers or donors of property. The Village can pay the full purchase price in cash. Few buyers can All Cash finance a completely cash sale with no limiting conditions. In certain cases, the Village is willing to purchase property subject to Life Estates a seller's reservation of a life estate. A life estate provides the seller the right to keep certain rights and interests in the property for the life of the seller or another person. For example, it may allow an elderly family member to remain in the family home. The seller still realizes financial benefits from the property. An owner may also keep a life estate in a property and make a gift of land to the Village that qualifies for a charitable deduction. Gifts to the Village are eligible for tax deductions in the same way as Tax Deductible gifts to other charitable organizations. Gifts Charitable A charitable remainder trust is a trust generally exempt from income tax. Remainder Trusts Deferred Gift This arrangement allows the seller to take a charitable deduction now Annuity and defer income until a future date. Deferred Capital The Village can structure a purchase with a long-term payment plan Gains Tax that is based on the wishes of the seller. Partial Gifts The seller can take the tax advantage of selling the land to the through Bargain Village below market value and claiming the rest as a gift. The seller's own appraisal establishes the market value to validate the Sales claim. Partial Sales The Village can purchase a portion of a parcel, leaving a portion of the property, such as a rural home site, without the responsibilities of the larger portion. The seller can also provide for sale of the Page 1 Page 260 of 430 Agenda Item #3. VILLAGE OF TEQUESTA PARKLAND PURCHASE PRIORITY POLICY remainder to the at a future date. A conservation easement is a mechanism that is used to encumber a Conservation property by defining allowable uses. Easements Charitable gifts of such rights may also qualify for charitable deductions. Public Access Areas needed for public access can be defined in carefully planned easements. The Village will work with the owner to assure privacy, Easement fencing and patrol of the easement area. Assured Future Sale of land to Village can be assured through an agreement for a right of first refusal or granting an option for future purchase. Sale This agreement may specify the terms of a future sale or call for the Village to match a legitimate offer by a third party. Page 2 Page 261 of 430 Agenda Item #3. Page 262 of 430 Agenda Item #3. Page 263 of 430 Agenda Item #3. Page 264 of 430 Agenda Item #3. Page 265 of 430 Agenda Item #3. Page 266 of 430 Agenda Item #3. Page 267 of 430 Agenda Item #3. Page 268 of 430 Agenda Item #3. Page 269 of 430 Agenda Item #3. Page 270 of 430 Agenda Item #3. Page 271 of 430 Agenda Item #3. Page 272 of 430 Agenda Item #3. Page 273 of 430 Agenda Item #3. Page 274 of 430 Agenda Item #3. Page 275 of 430 Agenda Item #3. Page 276 of 430 Agenda Item #3. 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