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Res 1065-57 RESOLUTION NO. 106~. . A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, PROVIDING THAT THE GOLF COURSE BE OFFERED FOR SALE; FIXING THE DATE FOR SUCH SALE AND DIRECTING TEE CLERK TO ADVERTISE THE SAME; AND PROVIDING THE TERMS AND CONDITIONS UPON WHICH SAID PHOPERTY WILL BE 0FFEHAI) FOR SALE. WHEHEAS, heretofore, the City Council has determined and resolved to offer the goll' course owned by the City of Delray Beach, Florida, i'or sale in order to obtain additional revenues to provide for the many needs or the municipality. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACN, FLOHIDA: 1. That all that certain property as shown on "Survey of Boundary: Municipal Golf COurse for Delray Beach, Florida," pre- pared by E. Elliott Gross & Associates, dated July 5, 19~7, Order No. ~60476-D, a copy of which is on file in the o~'ice oX' the City Manager o~' Delray Beach, Florida, including Lots 1 to 23, inclusive, GOLFVIEW ESTATES, according to the plat thereof on file ih the or,ice of the Clerk of the Circuit Court in and for Palm Beach County, Florida; together with the buildings and improvements thereon and thereto; shall be ofA'ered l'or sale in accordance with the requirements of the City Charter ant the further terms of this Resolution. 2. The property above-described shall be o~'fered rot sale at public auction at the city hall in the City cz Delray Beach, Florida, on . S~ptember 2~rd , 19~, and shall be conducted by the City Clerk who shall give no~mce thereox' by advertisement in a newspaper of general circulation publishes in t~e City of Delray Beach, Florida, which notice shall be published once a week for two consecutive weeks prior to said saAe, and shall contain and set forth the terms herein specified and the base bid. 3. A base bid of a minimum of three-quarters of the city,s assessed valuation on the above described property shall be de- posited with the City Clerk by any proposed purchaser or bidder. Such deposit may be in the form of cashier's or certified check payable to the City of Delray Beach. 4. The property above-described shall be offered for sale for ~cash, with intentions to award to the highest bidder; however, the ~City reserves the right to reject any and all bids. 5. The following general conditions shall be applicable to the proposed sale: (a) The property will be offered free and clear of liens, claims and encumbrances, subject however to rights of ways, restrictions, and easements of record, and such other matters as a visual inspection of the property would disclose. (b) Neither abstract nor title insurance will be provided. However, any bid which may be accepted by the City Council, the successful bidder shall have 60 days after such acceptance to determine the state of the title, and if there is any defect making title un- insurable, the bidder may at his option withdraw the offer. (c) The conveyance shall be by fee simple deed and bill of sale, executed in accordance with law and the requirements of City Charter. The deed shall con- tain the following clause: ~It is distinctly uhderstood and agreed that the above property will be used by the grantee herein as a golf course and recreation area for a term of twenty-five (25) years from the date ~ereof; however, nothing herein contained shall mean that such grantee may not prescribe such rules and regulations as he may deem necessary and proper in the operation of a private golf course for non-public purposes. Provided further, however, and this conveyance is made subject to and upon the express condition that should the grantee cease to use the foregoing land for golf course and recreational purposes within 25 years from the date hereof, then in that event the title to said property shall revert to and vest in the City of Delray Beach, Florida, and its successors and assigns." (d) The City of Delray Beach, Florida is responsible for paid-up memberships not expired, and will refund to all such members the pro-rata portion of such member- ships. The sale will be subject to all "Life Memberships" which purchasher shall honor. (e) The above-described property will be offered for sale ~as is", and persons desiring to make bids upon such property shall inspect the buildings and grounds, and thoroughly investigate and inform themselves of the property involved and its condition. (f) Any successful bidder, whose bid has been approved by the City Council, shall arrange details of closing with the City Attorney. The successful bidder shall furnish check in current fuhds for balance and clos- ing costs. (g)Possession shall be delivered to the successful bidder five days after closing. 6. The City Council shall meet on September 23 .. .1957 after such public auction is held to con'ider the ~i~s S'ubmltted, and to hear objections, if any, as to the sale to the highest bidder. The City may require a statement of the financial resources of any bidder whose bid is then to be considered to meet the terms of the proposed sale. PASSED AND ADOPTED in Regular Session this 12thday of ~ugust~ , 1957. A~ d Mayor First Reading