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HomeMy WebLinkAboutR-2018-049 Purchase and Sale Agreement with Joyce M. Tinglof for purchase of 705 SW 12th Ave for $225,000 RESOLUTION NO. 2018-049 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 JOYCE M. TINGLOF TRUSTEE, FOR THE PURCHASE OF THE PROPERTY LOCATED AT 705 SW 12TH AVENUE IN THE CITY, FOR A PURCHASE PRICE OF TWO HUNDRED TWENTY FIVE THOUSAND DOLLARS ($225,000.00), 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 Joyce M. Tinglof, Trustee, pursuant to which the City will purchase the property located at 705 SW 121`Avenue, Folio Number 5142 03 34 0570 with a legal description of"COLLEGE TRACT 19-9 B LOT 3 BLK 5" for a purchase price of Two Hundred Twenty Five Thousand Dollars ($225,000.00), 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 Twenty Five Thousand Dollars ($225,000.00), including customary closing costs not to exceed $3,000.00. 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 That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict.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 April 1 ATTEST: LOUISE STILSON, MC G MARA JAM S CITY CLERK AYOR APPROVED AS ORM AND CORRECTNE THOMA B 0 CITY ATTOA EY