HomeMy WebLinkAboutCity of Tamarac Resolution R-1975-064This Resolution Introduced By:
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. 76 --- 16 V
A RESOLUTION RELINQUISHING ANY AND ALL
CLAIM TO CERTAIN REAL PROPERTY; PROVID-
ING AN EFFECTIVE DATE
WHEREAS, the City of Tamarac, a municipal corporation
existing under the laws of the State of Florida, did enter into
a certain Agreement, dated the 18th day of October, 1973, with
LEADERSHIP HOUSING, INC. and TAMARAC DEVELOPMENT COMPANY, for
the purchase of certain real property, which agreement is recorded
in Official Records Book 5493, Page 310 of the public records of
Broward County, Florida, and
WHEREAS, the ultimate purchase of said real property was
conditioned upon an approval by the voters of the City of Tamarac
of the referendum scheduled for the 30th day of October, 1973, and
in addition thereto, was conditioned upon the sale of One Million
Dollars in general obligation bonds, and
WHEREAS, the failure of either or both of the conditions
rendered the contemplated transaction null and void, and
WHEREAS, the referendum submitted to the vote of the
electors on the 30th day of October, 1973, failed and by virtue of
said failure the transaction contemplated by the subject Agreement
was rendered null and void,
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA:
SECTION 1: The City Council of the City of Tamarac, Florida,
by and on behalf of said City,hereby releases and quit -claims any
and all interest which the City of Tamarac may have had under that
certain Agreement, dated the 18th day of October, 1973, attached
hereto and made a part hereof as Exhibit "A",,in and to that certain
real property described upon pages 1 and 2 of the subject Agreement.
SECTION 2: This Resolution shall become effective immediately
effective upon its passage.
PASSED, ADOPTED and APPROVED this day of Luk
1975. 6
I HEREBY CERTIFY that I have
approved the form and
correctness of this Resolution.
CITY A
I
RECORD Cr COUNCIL VOTE
MAY0H - D. JOWISON
64
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ME M ME
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73-221 632
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AGREEMENT
Agreement made this M day of October, 1173
between LEADERSHIP HOUSING, IiX . an(Z TAMARAC DEVELOPIE14T
COMPANY, hereinafter called "Sellers" and the CITY 0:'
TAMARAC, a municipal corporation existing under the laws
of the State of FLoriaa, hereinafter called "City"
WITNESS$TH:
WHEREAS the "Sellers" have her:tofore off,!re:1
to sell the 6000 Complex to the "City" in a series of
letter offers and
WHEREAS the "City" by resolution has accepted
the "Sellers" offer and
WHEREAS the parties desire to reduce their
agreement to a single d-)cement, it is therefore
AGREED:
1. That upon the terns and conditions hereinafter
stated the "Sellers" agree to sell to the "City" the real
property legally described as:
A portion of Tract 12, of FORT LAUDERDALE
TRUCK FARMS SUBDIVISION of Section 10,
Township 49 South, Range 41 East, Broward
County, Florida, as recorded in Plot Book
4, Page 31, of the Public RecorcJs of
Broward County, Florida, being more par-
ticularly described as follow•--
Commencing at the Southwest corner of said
Section 10; thence 11-00 00' 56" -W, alorl-:
the West line of said Section 10, a dis-
tance of 1551.18 feet; thence S-89° 01'
23" -F., parallel with the South 'A ne of
said Section 10, a distance of 53.01 _eLL
to the Point of Beginning of this dr.-scri=.-
tion; thence continuing S-89` 01' 23" -E,
a distance of 629.01 feet; thenct :1-06 rr"
56" -W, a distance of 523.23 Ecct; N•r:r•.
N-01 -W, a distance of 829.01 f(_,et; tl:r!r•:L
S-00 00' 56"- -r, rcjr.jllel wit): :nd 53 feet
Eajt- of, :,s measure. at rii3ht anljl,o`, to,
tfie Wust line c;f .+a au Secti4r.
of 523.23 feet to the hug, e. 0f
:•;;_ a :;:(: i4. Norman .
P.' ,. l:c>: 1262
Fort Lal ri.�rd,,le, 1 Imo. i�.3
110
. M
EXHIBIT "A"
1j f+'i �n�' ;.k' 1R: TJ"�:!Rl��, *� ., .V� � '#� 3'Y. .•' K��.._•�. �yr[Y rJnt
X'tlIC'Y:LY�IMYY r•.ai°=11'�7L?AY.:.ir.iS.Si:,Vx:i+'"•" ..
1.E`;s th"t r.o17 LIOn 'rt 1'01 t L I1"IIoI-d.:la!
,truck Farms SliLdivision of Sec-tio:l 16,
'township 49 Soi;th, Ranye 41 Eal.t, u_.
recorded in Plat nook. 4. Page 31, of
thia Public Pp:ords of Hroward Count/,
Florida, being more par: iciilarly
described as follow:,:
Commencing at the Southwest corner of
said Section 10, thence N. 000 00' 56"
11. , along the West line .)1 said section
10, a distance of 1551.1^ feet; thence
S_89*01123"E., along the Westerly
extensiUn of a line that i!; parallel
with and 120 feet North of, as measured
at right angles to, the North line of
the MAINLANDS OF TAMARAC LAKES, NINTH
SECTION, according to the: plat thereof,
as recorded in Plat Book. 67, Page 48,
of the Public Records of 8i.oward County,
Florida, a distance of 5-2.ul feet to a
point on the east right-of-way line of
University Drive, said point being
further described as the Point of Beginning
of this description; thence continue
s.89001'23"E., along said ii.ne being 120
feet North of and parallel with the North
line of THE MAINLANDS OF TA14ARAC LAKES,
NINTH SECTION, a distance of 420.00
feet; thence N.00000156"W., parallel.
with the West line of said section 1.0,
a distance of 100.00 feet; thence N.89°
01123"W., a distance of 67.00 feet;
thence N.00000'56"W., parallel with the
West line of said Section 10, a distance
of 104.00 feet; thence N.89*01'23"W.,
a distance of 133.00 feet; thence N.
00'00'56"W., parallel with the West line
of said Section 10 a distance of 10.00
feet; thenceN.89°01'23"W., a distance
of 250.00 feet; thence S.00000156"E.,
along the East right-of-way line of
University Drive, a distance of 214.00
feet to the Point of Beginning.
Containing 8.1 acres more or less. Said
lands situate, lying and being in Broward
County, Florida
together with all improvements thereon including but not
limited to all presently existing buildings. The said real
property is also known as the 6000 Complex and consists
of approximately 8 acres.
2. The purchase price shall be $600,000, all cash.
3. "City" agrees to pay all closing costs eAcept
costs and expenses Of clearing or removing t•h'cdc3lects.
G,*'1
4. "Sellers" warrant and agree to convey good
and marketable and insurable title to all real property and
ero
all personalty. G�
t
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y•�i f, � �L'�Ye`• i� ���• •�`, i[_ 5 Sir �.
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5. This transaction is subject to tha follow-
ing -conditions subsequent:
(a) 'Approval by voters of the City of.
Tamarac of the referendum scheduled for October 30, 1973.
(b) Sale of $1,000,000 in general obliga-
tion bonds subject to the terms and conditions set forth
in the referendum. ln.the event that either of these
conditions subsequent faile•ta'occur then in that event
this transaction is null and void. In the event that both
conditions subsequent do occur, then in that event,
"Sellers" agree to close this transaction within ten (10)
days of notice by the "City" that it is prepared to close.
This transaction shall be closed on or before December 31,
1974.
6. At closing, the "Sellers" shall convey to
the "City" by warranty need, fee simple absolute title to
the subject real property. in addition, "Sellers" agree
to convey title by bill of sale absolute to the main
administration building and building 10-10A on or before
September 1, 1974. The remaining buildings shall be con-
veyed by bill of sale absolute not later than ';hree years
from date of closing, or as they are vacated by the "Sellers",
whichever is sooner.
7. "Sellers" agree that no buildings will be
removed from the subject property and will be in the same
condition of repair at time of -conveyance as date of this
contract, reasonable wear and tear excepted.
9. "Sellers" agree to pay a rental to the "City"
from date of closing through date of vacating of the last
building and conveying title thereto to the "City" as
follows: $1�00 per year - first year; $1,000 per month
for the remainder of the term.
9_ it is agreed and understood by the parties
W
that the "Sellers have leased the main building to the
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a,�i��', `^Vf'•- � i` ('i.R�,Y,F^r • � fir'
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Bank of Tamarac, which lease expires September 1, 1974.
"Sellers" agree to assign all rentals to the "City" from
such lease of the said main building as accrue after the
closing of this transaction.
10. The "City" agrees to diligently pursue
all allowable tax exemptions. The "Sellers" agree t.) pay
and be responsible for any and all property taxes assessed
'A;
on the said property for tyre period between the closing
and vacating and conveyance of title to the last building
in the complex_
11. Utility and grounds maintenance casts from
ii
date of closing through date of vacating of the last
building shall be prorated in accordance with the square
ti
footage ownerships of the buildings on the subject real
=
property. All maintenance of buildings shall be the
responsibility of the party having title.
12. Except as otherwise specifically provided
x
4
herein this transaction shall be closed and title conveyed
i
in accordance with customary real estate practice in
Eroward County, Florida.
13. This agreement sets forth the entire under-
standing of the parties.
IN WITNESS WHEREOF, the parties have hereunto
*r
set their respective hands and seals the year and day first
V
above written.
LF-kDERSHIP HOUSING, INC.
witness:
S UEI, C . HATHORN
VICE PRESIDENT
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