CN-370000-SL011-T135.pdf

This is a Task Assignment Notification Form under Florida Department of Environmental Protection (DEP) Contract No. SL011, issued on September 17, 2025. The document involves the State of Florida (managing agency: Florida Forever Land Acquisition Trust Fund through the Division of Florida Land Acquisition Trust Fund), the contractor Owen Title Company, Inc., and the property owner Bear Creek Timber LLC. The project concerns the Bear Creek Forest property located in Bay/Calhoun County, Florida.

The task assignment requires Owen Title Company, Inc. to provide a title commitment on 2,982.92 acres valued at $3,195,407 as part of Phase II of the Bear Creek Timber acquisition. The contractor's approved rate for title search and closing commitment services is $200, with a total task assignment value of $2,000 (10 @ $200). The title commitment is due within 14 days or the best time frame if less, excluding holidays, with the task assignment ending 30 days after closing. If closing occurs, the contractor will also be paid for title insurance policy and closing fees ($150) on the HUD/Closing Statement. The task is funded through the Florida Forever Land Acquisition Trust Fund (Project FF05020, Fiscal Year 23). Liquidated damages are assessed at $2,000 per day for non-compliance with deliverable requirements.