University of South Florida
Lakeland Campus
Land Acquisition Committee Meeting
Debriefing Meeting Minutes
March 04, 2003
Debriefing of the Old Florida Plantation property
site visit, 5:15 PM, March 04, 2003 - USF Lakeland Campus, LMA.
Members Present:
| Dr. Alice Murray (Chair) |
|
| Ms. Barbara Donerly |
Mr. Gene Engle |
| Ms. Whitney Gaston |
Mr. Matthew Huber |
| Dr. Art Karshmer |
Dr. Bernard Mackey |
| Dr. Al Sistrunk |
|
| Ms. Kristi Brown | |
A. Discussion of Old Florida Plantation
Site Visit
The debriefing began with Dr. Art Karshmer commenting on the excellent
presentation given by Louis Roeder and Old Florida Plantation.
Dr. Al Sistrunk then brought to the committee’s attention the
value of donation, page 7-1. There is a reverter clause that needs
to be addressed. In discussion with Mr. Roeder, Dr. Sistrunk understood
him to say this clause could possibly be remedied with a contract arrangement.
First a contract - the property will not come into the hands of the
university until construction begins. Dr. Sistrunk then spoke with
the attorney and was assured clarification would be given regarding
this issue.
Dr. Sistrunk continued with informing the Land Acquisition Committee
(LAC) of the University of South Florida rules and practices for accepting
charitable gifts. The value of a property at the time of donation must
have an appraisal, within six months of the date the land is given.
The value of the gift is set by that appraisal.
Discussion of the Old Florida Plantation (OFP) Handout: acreage and
square feet – the value to them. This handout was developed from
their DRI.
The amenities and the entitlements OFP are providing will have a lot
to do with the value of the usable land.
Request to OFP to restate their value of donation with the following:
- What is being donated by OFP only in acreage at price?
- What cash gift they wish to make?
- Gifts in kind?
- List so that they can be broken down as to an overall value of $15
million.
OFP is including the entitlements, apparently increasing the value
of the land.
Dr. Bernard Mackey stated that all proposals presented be in standardized
fashion. Additional property promised, entitlements included, all need
to be presented in the same fashion.
Dr. Murray then directed the committee to discuss the site visit of
the Old Florida Plantation proposed property.
Ms. Barbara Donerly commented on the idea OFP presented for a town
center. This is a great amenity for faculty and students. The down
side is how will the students feel in the middle of a retirement community?
Dr. Sistrunk asked Ms. Donerly and Mr. Gene Engle to give their appraisal
on the OFP property site and its use for a campus. Ms. Donerly commented
on the good access and good visibility. She also commented on the beautiful
vistas and how the community will develop around the campus site.
Mr. Engle in reference to the Arterial Road – this is vitally
important to the site to connect Hwy 60 / Hwy 17 and 98 would be a
great access. If the OFP site was selected, as Mr. Roeder stated, that
would be a major catalyst for that road being built. OFP also presented
a nice idea for the entrance into the community/campus.
The committee then discussed the opportunities offered by the two
Phases. Phase I and Phase II.
Dr. Karshmer presented the question – “Is there any formula
that applies to a campus, non residential university campus, reasonable
number of students per acre is …?” Response given was that
it depends on the density. Are there limitations on the height of the
buildings? Adding capacity? The conversation was then directed to discussion
of the local airport. How would this affect the campus? Would there
eventually be expansion of the commercial nature of the airport?
Mr. Matt Huber expressed his concern and then asked the question – Would
there be restrictions to campus life when the campus is set within
a community (i.e. outdoor concerts, late night events, etc.)? Would
the community be supportive or opposed to these events?
Where is the best location to serve the students in this area?
B. Additional Issues
to:
- Williams Property reschedule
- In closing the committee decided on March
31 for a possible date to visit the Williams Site.
Adjournment:
Meeting was adjourned at 6:30 PM by Dr. Alice Murray. The next general meeting will be the debriefing of the Clear Springs site visit, March 18, 2003.
Minutes taken and transcribed by: Kristi Brown
Approved by:
Dr. Alice Murray
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