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HomeMy WebLinkAboutO-2008-005 Park 109 Purchase ORDINANCE NO. 2008-005 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING CITY OFFICIALS TO PROCEED TO ACQUIRE BY PURCHASE AND SALE AGREEMENT A PARCEL OF LAND KNOWN AS THE PARK 109 SITE (109 SW PARK STREET IN THE CITY) AT A COST OF $2,750,000.00 (AND RELATED CLOSING AND ACQUISITION COSTS, NOT TO EXCEED $50,000.00); PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Part I, Article 3, Section 5 ("Certain Expenditures") of the City Charter, the City Commission may expend more than one million dollars for a transaction, but only after adoption of an ordinance to that effect, with notice of public hearings for both readings of the ordinance being published; and WHEREAS, the City Commission intends to purchase the property known as the "Park 109 site" at a cost of$2,750,000.00 (and related closing and acquisition costs); NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the proper City officials are authorized, pursuant to Part I, Article 3, Section 5 ("Certain Expenditures"), of the City Charter, upon adoption of this Ordinance, to expend $2,750,000.00 and related closing and acquisition costs (not to exceed $50,000.00) to acquire by purchase and sale agreement the parcel known as the Park 109 site (109 SW Park Street in the City). Section 2. That if any section, clause, sentence or phrase of this Ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this Ordinance. Section 3. That all ordinances or parts of ordinances in conflict with the provisions of this Ordinance are repealed. Section 4. That this Ordinance shall take effect immediately at the time of its passage. PASSED on first reading on February 12, 2008. PASSED AND ADOPTED on second reading on February 26, 2008. 6 ^ BOB AT MAYOR— OMMISSIONER ATTEST: LOUISE STILSON, CMC CITY CLERK APPROVED AS TO FO AND CORRECTNESS: By: THOM S �. 1 I ' RO CITY ATTORN Y 2 ORDINANCE#2008-005