Fort Walton Beach Council agenda — 08-03-09 special council-budget review — reading text

Heating Type A/ C Type Stories Year Built Building Notes AIR DUCTED CENTRAL ::] F- - 1 1= 1963 EMERALD COAST SCIENCE CENTER LAND INFORMATION Description I Frontage Depth Land Units - Unit Type COMM SOUND ( 001033) J 100---- Jl 350 J= 0000100. 000 FRONT FEET SALES INFORMATION Book /Paae OR path To Deed Sale Date Sale Price f Instrument Qualification Vacant / Improved Grantor 1 Grantee FT WALTON 1, 930, 000 Warranty UNQUALIFIED IMPROVED BCH CITY 1338/ 219 04 -01 -1986 Deed OF PREVIOUSPREVIOUS 1101-1101- 01-01- 0/0/ OO 197J197J 57,57, 600600 VALUEVALUE UNQUALIFIEDUNQUALIFIED IMPROVEDIMPROVED IL— IL—Ji Ji TheThe OkaloosaOkaloosa CountyCounty PropertyProperty Appraiser'Appraiser' ss OfficeOffice makesmakes everyevery efforteffort toto produceproduce thethe mostmost accurateaccurate informationinformation possible.possible. 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WebsiteWebsite Update:Update: 3uly3uly 17,17, 2009.2009. 20022002 byby thethe CountyCounty ofof Okaloosa,Okaloosa, FLFL I WebsiteWebsite designdesign byby anublic.anublic. netnet / / / / www.www. gpublic.gpublic. neticgi-neticgi- bin/bin/ okaloosaokaloosa http:http: _ _ display.display. cgi!`cgi!` KEY=KEY= 24-24- 2S2S- - 24-24- 00000000 - - 00800080 - - 00000000 7/7/ 21/21/ 20092009 Okaloosa County Building Sketcher Page 1 of 1 Okaloosa County Property Appraiser' s Office Parcel Number: 24- 2S -24- 0000 -0080 -0000 Building Number: 1 Traversal Information: Color Area Type Area Type Description Area Year Built BAS1963= W33BAS1963= W8BAS1963 =N6W 18S28FOP BAS BASE AREA F316]9 1963 1963= W5S82E64N5AOF1963= N34W41N43W 18S77E5 9$ W59N77$E18N22$S22E8N22$ S22W8S43E41N65$ F- 1 FOP F OPN PRCA F705] 1963 EIDEII AVG OFFICE 2780 1963 Enlarge Close Window http: / gpublic.neticgi- / bin /okaloosa_ sketch.cgi ?cour okaloosa &parcel= 24- 2S -24- 0000 -0... 7/ 21 /2009 Emerald Coast RECEIVED JUG 2 9 2008 Point Paper civ ti'iANAGER OFFICE On Value of Emerald Coast Science Center to City of Fort Walton Beach Issue: Does the value to the City of Fort Walton Beach of the Emerald Coast Science Center equal or exceed the potential lease revenue for the property at 139 Brooks Street? 8th On June the Mayor and City Council of Fort Walton Beach were briefed by the Okaloosa County Economic Development Council (ECD) on the property valuation for the City -owned building at 139 Books Street. This building is currently, and has been, occupied by the Emerald Coast Science Center ( ECSC) previously FOCUS Center) since 1989. o Maximum valuation at $ 13. 00 per square foot could generate $ 77, 337 per year to the City. o The annual rent paid by the ECSC to the City, set by lease agreement 20 years ago, is $ 1000 per year o The remaining $ 76, 337 in potential annual lease revenue is surrendered by the City of Fort Walton Beach in indirect support of the Emerald Coast Science Center, a 501 C ( 3) Non Profit organization. The Emerald Coast Science Center is the only fully operational science museum in Northern Florida. If a line were drawn from Jacksonville, FL to Mobile AL, the ECSC would be the only science museum along and 20 miles either side of that line. And it' s on the Landing Park in Fort Walton Beach. The museum provides high quality science education programs to schools, not only in Okaloosa County, but across a large area of the Gulf Coast. ( schedules attch) o Escambia County: McArthur Elementary, Pensacola Baptist Temple o Santa Rosa County: Oriole Beach Elementary, Chumuckla Elementary, Milton Elementary, S. S. Dixon Elementary (Pace) Holly Navarre Primary, West Navarre Intermediate o Walton County: West Defuniak Elementary, Maude Saunders Elementary, Butler Elementary The Emerald Coast Science Center 139 Brooks Street • Fo Walton Beach, FL 32548 850. 664. 1261 • Fax: 850. 66462 • Web: www.ecscience.org  o Okaloosa County: Walker Elementary, Northwest Florida Ballet Academie, Liza Jackson Preparatory School, Eglin Child Development, Longwood Elementary, Cinco Baptist School, Destin Christian Academy, St. Mary' s Catholic School, Rocky Bayou Christian Academy, Elliott Point Elementary, Florosa Elementary, Antioch Elementary, Kenwood Elementary A survey taken in 2004 showed that the museum had 45, 217 visitors that year. o Approximately 26, 500 were from field.trips from area schools throughout the year o The remainder, approximately 19, 000 visitors, came during the summertime vacation season (May —August). Visitors came from Pensacola to Panama City. The majority came from the Destin/Miramar Beach area. o While there is no empirical data to support any speculation, it is quite possible that the ECSC is the biggest summertime draw to the Fort Walton Beach downtown area during the summertime vacation season. While the ECSC is fully capable, even during economic downturns like the current one, of supporting itself without any further assistance from City, County, State of Federal funds, it is limited in its ability to absorb additional