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HomeMy WebLinkAboutR-2017-065 Authorizes a Purchase & Sales Agreement with Barry C. Smith & Mary E. Smith for the Purchase of Property at 701 S.W. 12th Ave. & 741 S.W. 7th St. for a Purchase Price of $260,000.00 RESOLUTION NO. 2017-065 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE PROPER CITY OFFICIALS TO ENTER INTO A PURCHASE AND SALE AGREEMENT ON BEHALF OF THE CITY OF DANIA BEACH WITH BARRY C. SMITH AND MARY E. SMITH, FOR THE PURCHASE OF THE PROPERTY LOCATED AT 701 SW 12TH AVENUE AND THE ADJACENT PROPERTY WITH AN ADDRESS OF 741 SOUTHWEST 7TH STREET IN THE CITY, FOR A PURCHASE PRICE OF TWO HUNDRED SIXTY THOUSAND DOLLARS ($260,000.00), SUBJECT TO CERTAIN TERMS AND CONDITIONS; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the proper City officials are authorized and directed to enter into a purchase and sale agreement on behalf of the City with Barry C. Smith and Mary E. Smith, pursuant to which the City will purchase the property located at 701 SW 121h Avenue, Folio Number 5142 03 34 0580 with a legal description of"COLLEGE TRACT 19-9 B LOT 4 BLK 5" (to include the grocery store building and the adjacent residence located at 741 SW 7th Street), for a purchase price of Two Hundred Sixty Thousand Dollars ($260,000.00), subject to certain terms and conditions. Section 2. That funding for this purchase shall be appropriated from the General Fund Reserve Account 001-271-00-00 in the amount of Two Hundred Sixty Thousand Dollars ($260,000.00). Section 3. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 4. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on June 27, 2017. ATTEST: Is F�krr LOUISE STILSON, CMC '� 1 AMARA JA CITY CLERK AYOR APPROVED AS TO FO AND CORRECTNESS: THO AS J. ANS RO CITY ATTORNEY 2 RESOLUTION#2017-065