Fla. Admin. Code R. 5I-7.011

Current through Reg. 50, No. 253; December 31, 2024
Section 5I-7.011 - Board Action
(1) The Department shall furnish the following at the time a purchase is considered by the Board:
(a) The purchase instrument.
(b) A copy of the owner's disclosure form under Section 286.23, F.S.
(c) Evidence of the marketability of the title. The Department may defer submittal and approval of the title commitment until after Board approval of the purchase instrument. In such case the Department will provide a copy of the owner's deed to the property.
(d) Summary of the appraisal review.
(e) A written statement by the Department outlining the public interest for which the acquisition is being made, citing statutory authority, and stating that the property proposed for purchase is within a Project on the Department's Project acquisition list.
(f) A written statement signed by the owner confirming the owner's relationship with his agent.
(g) A written confirmation by the Department of the source and availability of funding for the acquisition.
(h) A copy of the current certified survey or appraisal map.
(i) A statement identifying any expenditure made in the categories set forth in paragraph (2)(a), (b) or (c) of Rule 5I-7.012, F.A.C.
(j) A statement providing a good faith estimate of any additional expenditure in the categories set forth in paragraph (2)(a), (b) or (c) of Rule 5I-7.012, F.A.C.
(2) The Department shall obtain authorization from the Board prior for all acquisitions of interests in land wherein title thereto will vest in the Board.

Fla. Admin. Code Ann. R. 5I-7.011

Rulemaking Authority 570.07(23), 570.71 (10), 259.105(3)(i) FS. Law Implemented 570.71, 570.715, 259.105(3)(i) FS.

New 11-3-08, Amended by Florida Register Volume 49, Number 105, May 31, 2023 effective 6/12/2023.

New 11-3-08, Amended 6-12-23.