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Res 1096-58 WHEREAS, heretofore the City of Delray Beach, Florida, did offer for sale at auction, pursuant to .and in conformity with the provisions of its Charter, the properties known as the Fau~icipal Golf Co'cms.; and The Grimes Foundation did m~ke the highest bid in the sum of $3~0,000.00 for said properties at said sale offering, which bid has been accepted by the City of Delray Beach, Florida; and WHEREAS, pursuant to Resolution No. 1092 of the City Council of Delray Beach, Florida, a public hearing has been held to hear objections, if any, to confirmation of said sale upon the terms therein set forth, and at said hearing held March 14, 1958 no objections were offered by any person. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DEIA~AY BEACH, FLORIDA: 1. That the sale of the Golf Course properties to The Grimes Foundation, a non-profit charitable corporation, upon the terms and conditions and for the sales price set forth in Resolution No. 1092 of the City Council of the City of De]may Beach, Florida, be and the same is hereby confirmed, ratified and accepted. 2e That the Mayor and City Clerk, as the authorized officers of the City of Delray Beach, Florida, be and they are hereby authorized and directed to execute and deliver to The Grimes Foundation a fee sirmple deed and bill of sale conveying such properties upon the terms mud conditions set forth in Resolution No. 1092 aforesaid. PASSED AND ADOPTED in Special Session this 21st day of March, 1958. // ,,6H~ING STATEMENT SELLERS.;. CITY OF DELRAY BEACH, FLORIDA BUYERS: THE GR~S FOUNDATION, a non-profit charitable corporation under the laws of Ohio P~0FERT?:. The Municipal Golf Course of the City of Delray Beach, Florida, to,ether with improvements thereon and personal property as advertised for sale September 23, 1957, as per copy of inventory attached. SELLER CREDITS BI~/~-~t CREDI?~ Sales Price - - $350,OO0.00 LESS: Deposit on Bid $350,000.00 ~Unearned Insurance - 251.82- ~Unearned License Premiums: Hestaurant and State and County Liquor Licenses - 825,50- Inventories: Chemicals - 595.24- Gas & Oil (Est. 125 galso ~ 18..1) - - 22.63. Assumptions by Buyer: Loan - F. G. Lang,.Jr. 50.00' Plants & Planting (Boone*s Nursery) - 87.50 Muintonanee Agreement (The National Cash Register Compa:~ , - 33.40 30-tons of Fertilizer~avl~s~'n Chemical Company) - - 1,869.00 Spreader Service for Fertilizer (Boro.mie) - 180.00 *Unearned Membership Dues 19~519.35 $353,915.09 $369,519.35 Due from City to Foundation ,.,15t604o26 $369,519.35 9369,519.35 All pro-rations hereunder are made as of November 10, 1957, after which date Seller relinquished control of property to Buyer. The Buyer, in receiving payment (by cash and above credits) of the Un- earned Membership Dues for I957-I958~ agrees to indemnify and hold Seller harmless against any and ali claims (and all costs thereby accruing) which might be brought against Seller for refund thereof. Said Dues have, been pro- rated upon Buye.r's representation that all memberships will be honored if such member should desire the same continued for the b~lance of the dues year; or that if such member should not des~ire the same continued, Buyer will make pro-rata r~fund. Buyer hereby assumes all liability for obtain- lng the consent of all Dues-Payers for the balance of the Membership Year. The minutes of September I0~ 1957 of the City Comaission of Delray Beach, Flerlda, provides that that portion of the lands to be. coffveyed not in actual use for recreational purposes as of date of smle shall not be covered by the reverter or option clause specified by Resolution 1069 of said City Commission. In accordance therewith, at such time as a proper and accurate, description of the lands not being used for such put,os,es can be. obtained, the Seller agrees to releas~. of record said lands from the o'~peration of such reverter and ~Htlon. Also, in accordance therewith, as additional lands not now included are utilized for such recreational purl~oses, Buyer agrees: to advise Seller thereof by legal description and to s~bordinate them to the said provisions of Resolution No. 1069. Buyer ~lso agrees, annually, to advise Seller as~ to any lands sold during the preceding year and the sales price, thereof; and als~ to. advise Seller of any-im~rovements made and the cost price thereof° It is under- stood that in furnishing such cost price, it is for information purposes only, and no~ bind'i~g as to the value in the. event Seller should exercise option to re-p~rchase. APPROVED and closed on above~basis, this . day of November, 1957o CITY OF DELRAY BEACH l~ayor THE GRXI~ES FOUNDATION APPROVED AS TO FORI~. 'City Attorney .... INVENTORY OF GOLF COURSE EQUIPME]~T i - 1950 Chev. ~ Truck i - 1952 Chev. 3/4 ton Pickup Truck i - 1955 N.A.A. Ford Tractor with Loader I - 1949 8 N Ford Tractor i - 1950 Worthington Model G. Tractor I - 1949 " Chief " i - Bush and Bog Harrow 1 - Ferguson Tandem Disc Harrow i - York Rake i - 200 gallon Myers Sprayer I - Rotary Hoe I - Grasslon Aerifier i - G. L. Airifier 2 - West Point Verticut i - 27" Toro Starlawn Mower I - Toro Green Mowers (very old) ' 5 - Jacobsen Green Mowers i- Link Estate Sprayer i - Root Comfort Distributer I - 5 ft. Gandy Fertz. Distributer I - 36" Lawn Beauty Distributer i - Aircompressor i - Cyclone Seeder 2 - Hand Seeders I - 60 Horse Power Electric F.M. Motor 750 Gal. Per Min. i - 25 " " " " " 450 " " " 1 - 30 " " " Worthington motor 750 Gal. Per Min. i - 30 " " " Berkly " 500 " " " i - 7 g,,ang Fairway mower i - 3 Blitzer i - Parker Lawn Sweeper i - Jari mower I - 5 ft. Rotary F ~ F Weed cutter i - Royer Comfort Shredder i - Soil screen with 4 horse P. engine i - Wheel Barrow I - i Ton Chain Hoist 2 - 3 inch pipe vice i - Columbian 6 inch ~¢ice i - Portable Grinder I - 1/2 inch Drill (Electric) I - Laffery ~lachine, Simplex 1000 - ft. Cobon Water Hose I inch Small Tools, Hawkes, Hoes and Shovels, T wrenches. I -Adjustable Pipe Die - i to 2 inch i- Small pipe die i - Set Die & Taps.