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HomeMy WebLinkAboutCity of Tamarac Resolution R-94-1011 Temp. Reso. # 741 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-94- /0/ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA; AGREEING TO ACCEPT CONTRIBUTION IN AID TO CONSTRUCTION (CIAC) FEES OF $25,630.20 IN LIEU OF $39,568.00 FROM HERITAGE ACQUISITION CORPORATION FOR THE WOODLAND COVE WATER AND SEWER DEVELOPERS AGREEMENT, PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on January 25, 1989 the City of Tamarac entered into a Water and Sewer Developers Agreement for Woodland Cove between the City of Tamarac and Zahn Atlantic Development Corporation and Woodland Cove a joint venture; and WHEREAS, the duly recorded Water and Sewer Developers Agreement indicated that the developer has paid to the City the sum of $75,239.00 for contribution charges; and WHEREAS, to date $39,568.00 are owed for contribution charges; and WHEREAS, the subject property was acquired via foreclosure on a first mortgage held by Heritage Acquisition Corporation; and WHEREAS, Heritage Acquisition Corporation took the property based on the information in the Water and Sewer Developers Agreement that the contribution charges had been paid in full; and 2 Temp. Reso. # 741 WHEREAS, it is the recommendation of the City Manager that the City Council accept $25,630.20 in lieu of full payment of the outstanding contribution charges due of $39,568.00; and WHEREAS, the City Council of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to accept $25,630.20 rather than pursue a claim for $39,568.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: $FQ TIQ.b1_J The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution upon adoption thereof. SECTION 2: The City Manager is authorized to enter into an agreement with Heritage Acquisition Corporation by which the City will accept $25,630.20 in full payment for all contribution charges still owing under the January 25, 1989 Water and Sewer Developers Agreement regarding Woodland Cove. The City Manager is further authorized to execute all agreements related to the settlement of this matter. SECTION 3: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTIQA A:, If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. 1 1 1 9 Temp. Reso. #6741 SECTION 5: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this ATTEST: CAROL A. EVANS CITY CLERK MAYOR DIST. 1: DIST. 2: 1 HEREBY CERTIFY that I DIST.3: have approved this DIST.4: RESOLUTION as to form. MITCHELL S. KRAFT CITY ATTORNEY woodland cove/dn day of 1994. q► "ALAA O. • u_ 0: i RECORD OF COUNCIL VOTE _ABRAMOWITZ V / M KATZ C / M MISHKIN C / M SCHREIBER L. C / W MACHEK 119,10