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ARF- 2290 Regular Agenda Item     3. E.    
Regular BOS Meeting
Meeting Date: 05/06/2014  
Submitted For: Robert Gould
Submitted By: Robert Gould, Community Development Division Director, Community Development Division
Department: Community Development Division: Community Development Administration

Information
Request/Subject
Roosevelt Lakeview Park Financial Plan for Townsite Act Purchase
Background Information
Roosevelt Lakeview Park (RLP) is an existing manufactured home and recreational vehicle community located in the Tonto National Forest on the west side of State Route 188 approximately 3 miles south of Roosevelt Dam on the Salt River. RLP was developed in the early 1970s and consists of 174 manufactured home spaces and 11 recreational vehicle spaces and is served by a private water company and a private wastewater company. The Park was developed as a Special Use Permit issued by the Tonto National Forest. That permit expired on December 31, 2012, and the residents were required to relocate all of the improvements including manufactured and mobile units. The time period for the permitted land use activity has been extended so that Mr. Buckmaster, with assistance from Gila County, may apply for a Townsite Act Purchase to transfer ownership of the park from federal hands to Mr. Buckmaster. 

This Act allows the designation and sale of Forest Service lands adjacent to established communities in 12 western states, including Arizona, for townsite purposes. The Act requires that an application to the Forest Service be made by designated officials of the County, City or local government subdivision.  

At a regularly scheduled Board of Supervisors meeting on December 18, 2012, the Board made the following motion:

Upon motion by Supervisor Pastor, seconded by Vice-Chairman Dawson, the Board unanimously agreed to have Gila County serve as the applicant for the U.S. Forest Service to designate and sell Roosevelt Lakeview Park as a Townsite under the Townsite Act, subject to the development and submittal of a financial plan by Mr. Buckmaster to Gila County, for approval by the Board of Supervisors prior to the preparation and submission of the application to the Forest Service by the County.  Further, that prior to December 31, 2012, staff will send a copy of this Board of Supervisors' action, with a cover letter acknowledging Gila County's intention to file, to the U.S. Forest Service.
Evaluation

Mr. Buckmaster has submitted a packet to the Forest Service and Gila County that includes an appraisal of the park as vacant land, a lending agreement from DKT, a preliminary survey of the property that shows the property to be approximately 30 acres, a balance sheet and tax returns for 2011 and 2012. 

Based on the information submitted by Mr. Buckmaster staff does not feel that the County is ready to proceed.

Conclusion
A motion was made by the Board of Supervisors on December 18, 2012, for Gila county to serve as the applicant to acquire Roosevelt Lakeview Park through the Townsite Purchase Act subject to Mr. Buckmaster submitting a financial plan to be approved by the Board that demonstrates his financial capability to assume full responsibility for the purchase of the property. The purpose of this agenda item is to obtain the Board's approval of the financial information that has been submitted by Mr. Buckmaster.
Recommendation
Staff recommends that the Board of Supervisors review and discuss the submitted financial information. Staff is prepared to discuss with the Board the need for additional information and explain some of the perceived shortcomings with the information as submitted at this time. This item should then be continued to a date certain at which time the additional/revised information will have been received and approved by staff.
Suggested Motion
Information/Discussion/Action to request additional and revised financial information ensuring the viability of the successful purchase and operation of the Roosevelt Lakeview Park, and to continue this item for consideration at the June 3, 2014, Regular Board Meeting.  (Bob Gould)

Attachments
Business Plan
Financial Information
Appraisal
Preliminary Survey
12/19/13 Letter to Forest Service
12/13/13 Committment Letter from DKT Holdings, LLC
BOS Minutes 12/18/2012
Additional Financial Info

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