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HomeMy WebLinkAboutCity of Tamarac Resolution R-2011-032Temp. Reso. #12008 March 23, 2011 Page 1 of 3 RESOLUTION NO. ,�� �v1 � . A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA APPROVING AND AUTHORIZING THE EXECUTION OF THE SECOND AMENDMENT TO THE AGREEMENT FOR THE PURCHASE AND SALE OF REAL PROPERTY BETWEEN THE CITY OF TAMARAC AND M&M SOUTH PROPERTIES, LLC; AUTHORIZING AND DIRECTING THE APPROPRIATE CITY OFFICIALS TO TAKE ANY AND ALL ACTION NECESSARY AND EXPEDIENT TO EFFECTUATE THE INTENT OF THIS RESOLUTION; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE WHEREAS, on or about February 23, 2011, the City of Tamarac ("City") and M&M South Properties, LLC ("M&M"), entered into an Agreement for the Purchase and Sale of Real Property (the "Agreement") for the property located at 8991 W. Commercial Boulevard, Tamarac, Florida; and WHEREAS, the Agreement was amended pursuant to a First Amendment which extended the Inspection Period to March 18, 2011; and WHEREAS, the Agreement provides for a Closing Date of March 24, 2011, however the authorized representatives from M&M will be out of town and unavailable to close on that date; and WHEREAS, the City and M&M seek to extend the Closing Date to March 31, 2011, in accordance with the Second Amendment to the Agreement for the Purchase and Sale of Real Property ("Second Amendment"), attached hereto as Exhibit "A" and incorporated herein; and Temp. Reso. #12008 March 23, 2011 Page 2 of 3 WHEREAS, the City and M&M agree that extending the Close Date pursuant to the Second Amendment is in the best interests of both parties. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, THAT: Section 1. The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct, and are hereby incorporated herein and made a part hereof. All exhibits attached hereto are incorporated herein and made a specific part hereof. Section 2. The City Commission of the City of Tamarac, Florida, hereby approves and authorizes the execution of the Second Amendment to the Agreement for the Purchase and Sale of Real Property, attached hereto as Exhibit "A", thereby extending the Closing Date of the Agreement to March 31, 2011. Section 3. The City Commission of the City of Tamarac hereby further authorizes and directs the appropriate City officials to take any and all action necessary and expedient to effectuate the intent of this resolution. Section 4. All resolutions inconsistent or in conflict herewith shall be and are hereby repealed insofar as there is conflict or inconsistency. Section 5. If any section, sentence, clause, or phrase of this resolution is held to be invalid or unconstitutional by any court of competent 1 1 1 Temp. Reso. #12008 March 23, 2011 Page 3 of 3 jurisdiction, then said holding shall in no way affect the validity of the remaining portions of this resolution. Section 6. This resolution shall become effective upon its passage and adoption by the City Commission. PASSED AND ADOPTED BY THE CITY COMMISSI N OF THE CITY OF TAMARAC, FLORIDA THIS s DAY OF - Lin, , 2011. ATTEST: PETER M. A RHARDSON, CITY q\- g9'% SHED 4 ESTABI-t : 1963 p•• SEAL p = v' CITY OF TAMARAC, FLORIDA y 9Lt- G L 61 �/ t I F PAMELA BUSHNELL, MAYOR CRM, CMC I HEREBY CERTIFY THAT I HAVE APPROVED THIS RESOLUTION AS TO FORM. 1EL S.,'G( ATTORN 3 RECORD OF COMMISSION VOTE: DIST 2: V/M GOMEZ DIST 3: COMM. GLASSER L�^ DIST 4: COMM. DRESSLER MAYOR BUSHNELL c: 03/21/2011 12:27 9549238402 PAGE 02 WHSRIM, the City of TanUMC, a Marida municipal eorlpera#aaa (this "Prachas6e) and M & M South Propert*, LLr, it Florida limited liability company (the " selleel entered into. that certain Agreement for Pumbese and Bala of Red Property (the "Agmement'l dated February 23, 2011 concerning flip real property located at 8991 W. Commial Blvd. (NW 57 Street), Teak, FL (the "Property). WHMAS, the Agreement was amended by that certain Amendment to Purchase and Sale of Reel Propetty Agreement f Firaat At ono enn dated March 10, 2011 io extend the luspection Period to March 18, 2011. W1:IER'BAg, the Seller will be out of tvw,c vu'the`islosing date ot"Maxah 24, 20X 1, WIl`fiRBAS, the Purchaser and Seller have agreed to extend the Closing Date as defined in the Agreement. NOW TMREFORE, Seller and Pmhasear agree to the following: I. The Whereas clauses are hereby ratified and confirmed. 2. Paragraphs 1.2 and 12 of the Agreement alb h6reby amended to provide that the Closing Dale is extended until March 31, 2011. 3. All other twna and provisions of the Agreement net otherwise MoMed by the First Amendment and this Second Amendment are hereby ratified and aon$rmed, a>ndxhall remain in flrll force and fleet. In the event of any iucon A t wies between -this Second Amendtx►ent and the Agreemsnt, the provisions coxatauined in this Second Amenidment'shall parevall. In any other respects, the Agreement remains =changed. SELLIM: . FMCELASER: M&M South Properties, LLC, a Florida City of Tamarac, a Florida municipal limited liability y corporation By; G&A Realty ts, Tuc., a Florida Corporation - or . "n-fives, Presidont 44Y-- Michael Comech, City Zgarger Signed on March 4K2011 Signed an MarsO ok- 011 (PLEASE SM ADDITIONAL SIGNA,TUR.I;`+ ON kAOE 2) I OF 2 p 03/21/2011 12:27 9549238402 fJT��:k�i FELLER CONT.: By: A ' lhlm viv — Member By: Andoly Trustee Co -Trustee Signed on March Z iol T tVQOIMIOM91'A,mmdmeet to Contrea.214do, a V 4 OF2