Loading...
Res 02-09RESOLUTION NO. 02-09 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) TO SELL CRA PROPERTY LOCATED AT 429 N.W. ls'-r STREET TO MOUNT OLIVE MISSIONARY BAPTIST CHURCH OF DELRAY BEACH FOR ONE THOUSAND DOLLARS ($1,000.00) WITH THE CRA RECEIVING A PERPETUAL PARKING EASEMENT OVER MOUNT OLIVE MISSIONARY BAPTIST CHURCH'S THIRTY-FIVE (35) SPACE PARKING LOT LOCATED ON N.W. 5TH AVENUE; SETTING A PUBLIC HEARING AT CITY HALL, 100 N.W. 191' AVENUE, DELRAY BEACH, FLORIDA FOR 7:00 P.M. ON JANUARY 6, 2009, PURSUANT TO FLA. STAT. 163.380(2). WHEREAS, the Community Redevelopment Agency wishes to sell property located at 429 N.W. Is, Street for One Thousand Dollars ($1,000.00); WHEREAS, the Community Redevelopment Agency (CRA) will, as part of the sale, obtain from Mount Olive Missionary Baptist Church of Delray Beach, a perpetual parking casement over Mount Olive's thirty-five (35) space parking lot located on N.W. 51h Avenue; and WHEREAS, Fla. Stat. 163.380(2) requires the consent of the City after a Public Hearing for the sale and exchange; and WHEREAS, the City of Delray Beach hereby determines that it is in the best interest of the City of Delray Beach, Florida and the Community Redevelopment Agency to pursue the sale and exchange of property for the uses herein described. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission of the City of Delray Beach, Florida hereby consents to the sale of land located at 429 N.W. 1st Street and as legally described below by the Community Redevelopment Agency to Mount Olive Missionary Baptist Church of Delray Beach for One Thousand Dollars ($1,000.00). 429 NW 1 s' Street — Legal Description: The East 84 feet 6 inches of Lot 8, Block 27, Town of Linton (now Delray Beach), as Recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida; and Section 2. That as part of the sale, the City of Delray Beach hereby consents to the receipt by the CRA of a perpetual easement over the thirty-five (35) space parking lot owned by Mount Olive Missionary Baptist Church of Delray Beach located on N.W. 111 Avenue legally described below as: Mt. Olive Parking Easement — Legal Description: Lots 2 and 3, Block 28, Town of Linton (now Delray Beach), as Recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida; Together with: The 16'udlity and ingress-egress easement adjacent thereto as recorded in O.R. Book 69, Page 20 of the Public Records of Palm Beach County, Florida. Section 3. The City of Delray Beach hereby finds that the fair value of the sale is sufficient when the perpetual easement value is also considered. Nonetheless, pursuant to Fla. Star. 163.380(2), a Public Hearing on the sale is being held. The City finds that it is in the long term interest of the City and CRA for the CRA to enter into this sale of CRA property and for the CRA to receive a perpetual parking easement over the property owned by Mount Olive Missionary Baptist Church of Delray Beach. Section 4. That a duly noticed Public Hearing on the sale of property and the accompanying receipt of the perpetual easement by the CRA has been set for this 61h day of January, 2009 at City Hall, 100 N.W. 1St Avenue, Delray Beach, Florida. PASSED AND ADOPTED in regular session on the 6th day of January, 2009. ATTEST: City Clerk MAYOR 2 Res No. 02-09 TO: Mayor and City Commissioners FROM: Susan A. Ruby, City Attorney DATE: December 23, 2008 SUBJECT: AGENDA ITEM N.A. - REGULAR COMMISSION RESOLUTION 2- 09/PURCHASEAND SALE OF -HEAL PROPERTY AGREEMENT/CRAIMOUNT OLIVE MISSIONARY BAPTIST CHURCH Resolution 2-09 has been prepared for the purpose of authorizing the CRA to sell CRA Property located at 429 N.W. I't Street to Mount Olive Missionary Baptist Church of Delray Beach for $1,000.00 with the CRA receiving a perpetual parking easement over Mount Olive Missionary Baptist Church's 35 space parking lot located on N.W. 5th Avenue. BACKGROUND See memo from Diane Colonna, CRA Executive Director, dated December 22, 2008. RECOMMENDATION The City Attorney's office recommends City Commission discretion. RESOLUTION NO. 2-09 A RESOLUTION OF THE QTY coNmffssm OF THE ary OF DELRAY BEAM, FLORIDA, AUTHORIZING THE DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) TO SELL CRA PROPERTY LOCATED AT 429 XW. 19T STREET TO MOUNT OLIVE MISSIONARY BAPTIST CHLaCH OF DELRAY BEACH FOR ONE THOUSAND DOLLARS ($1,000.00) WITH THE CRA RECEIVING A PERPETUAL PARKING EASEMENT OVER MOUNT OLIVE MISSIONARY BAPTIST CHURCHS TVIIRTY-FIVE (35) SPACE PARKING LOT LOCATED ON NW. 5TH AVENUE, SETTING, A PLIBUC HEARING AT MY HALL, 100 NW. 1ST AVENUE, DELRAY BEAa-L FLORIDA FOR 7:00 P.M. ON JANUARY 6, 2009, PURSUANT TO FLA. STAT. 163.380(2). WHEREAS, the Community Redevelopment Agency wishes to sell property located at 429 NX In Street for One Thousand Dollars ($1,000.00); WHEREAS, the Community Redevelopment Agency (CRA) will, as part -of the sale, obtain from Mount Olive Missionary. Baptist Church of Delray Beach, a perpetual pariting easement over Mount Olive's thirtyfive (35) space parking lot located on N.W. 56 Avenue; and WHEREAS, Fla. Stat. 163.380(2) requires the consent of the City after a Public Fk-Aring for the sale and exchange; and WHEREAS, the City of Delray Beach hereby determines that it is in the best interest of the City of DelrayBeacb, Florida and the Community Redevelopment Agencyto pursue the sale and exchange of property for the -uses herein described. NOW, THEREFORE, BE IT ORDAINED BY THE QTY COMMISSION OF THE QTY OF DELRAY BEACK FLORIDA, AS FOLLOWS: S=iQA 1 That the City Commission of the City of Delray Beach, Florida hereby consents to the sale of land located at 429 N.W. In Street and as legally described below bythe Community Redevelopment Agency to Mount Olive Missionary Baptist Church of Delray Beach for One Thousand Dollars ($1,000.00). Ova "N1.'AQW-rTM -I- I -- utwm .2 2 Section 2. That as part of the sale, the City of Delray Beach hereby consents to the receipt by the CRA of a perpetual easement over the 431ay`five (35) space parking lot owned by Mount Olive Missionary Baptist Church of Delray Beach located on N.W. In Avenue legally described below as: 30 MI Together -with: The 16'utilityand ingress- egress easement adjacent thereto as recorded in O.R. Book 69, Page 20 of the Public Records of Palm Beach County, Florida. Section 3. The City of Delmy Beach hereby finds that the fair value of the sale is sufficient when the perpetual easement value is also considered. Nonetheless, pursuant to Fla. Stat. 163.380(2), a Public Hewing, on the sale is being held. The Cityfinds that it is in the long term interest of the aty and CRA for the CRA to enter into this sale of CRA property and for the CRA to receive a perpetual parking easement over the property owned by Mount Olive Missionary Baptist Church of Delray Beach. Section 4. That a duly noticed Public liewing on the sale of property and the accompanying receipt of the perpetual easement by the CRA has been set for this 6th day of January, 2009 at City RA 100 NW. Ist Avenue, Delray Beach, Florida. PASSED AND ADOPTED in regular session on the day of '2009. Fxv7vpr.w 00-T.-ITO rx-4 M. MAYOR 51111�111� "I DE11 IMQ • THIS AGREEMENT is made and entered into as of this — day of October, 2008 ("Agreement ") by and between the Delray Beach Community Redevelopment Agency, a Florida public body corporate and politic created pursuant to Section 163.356 KS, whose post office address is 20 North Swinton Avenue, Delray Beach, Florida 33444 (hereinafter referred to as "SELLER") and Mt Olive Missionary Baptist Church of Delray Beach, a non-profit corporation, whose post office address is 40 NW 0 Avenue, Delray Beach, FL 33444-2626 (hereinafter referred to as "PURCHASER"). In consideration of the mutual .agreements and upon and subject to the terms and conditions herein contained, the parties hereto. agree as follows: I Dff_D91'I _NS The following terms when used in this Agreement for Purchase and Me shall have the following meanings: 1.1 per ems, That certain real property located at 429 NW I" Street Delray Beach, FL together with a building thereon and attached personal property (hereinafter collectively referred to the "Property") which Property is more particularly described with the legal description in Exhibit "A," attached hereto and made a part hereof. 1.2 Closing The delivery of a Special Warranty Deed to PURCHASER concurrently with the delivery of the purchase price and other cash consideration to SELLER. 1.3 Closing Date. The date upon which the closing occurs. 1.4 Deed. A Special Warranty Deed which shall convey the Property from SELLER to PURCHASER. 1.5 FAmPA MQm. The sum of Ten ($10.00) Dollars has been delivered from PURCHASER to Escrow Agent pursuant to Section 2.1 set forth herein. 1.6 Effective D Effective Date of this Agreement shall be the date upon Date. The Eff � I gr its execution by all parties to this Agreement: SELLER, PURCHASER and the Escrow Agent, 1.7 FA=w A . Goren, Cherof, Doody, & Enrol, P.A. ("Escrow Agent") with offices at 3099 East Commercial Boulevard, Fort Lauderdale, Florida; and 76 N.E. 5' Avenue, Delray Beach, Florida 33463. 1.8 Other Definitions. The terms defined in Any part of this Agreement shall have the defined meaning wherever capitalized herein. Wherever appropriate in this Agreement, the singular shall be deemed to refer to the plural and the plural to the singular, and pronouns of each gender shall be deemed to comprehend either or both of the other genders. As used in this Agreement, the terms "herein", "hereof' and the like refer to this Agreement in its entirety and not to any specific section or subsection. 2. PURCHASE AND SALE. - 2.1 Purchase Price.. One Thousand and no /100 Dollars ($1,000.00), together with the granting to the Seller of a perpetual casement by the Buyer for public parking purposes over certain real property owned by the Buyer, as described and substantially in form in Exhibit "A" attached hereto, which presently contains thirty-five (35) parking spaces and is located on NW 5th Avenue. 2.2 Earnest Mona. Concurrently with the execution of this Agreement by PURCHASER and SELLER, PURCHASER shall deposit and cause to be placed in an account maintained by GOREN, CHEROF, DOODY AND MOL, PA. (hereinafter the "Escrow Agent"} monies in the amount of Ten 00/100 ($10,00) Dollars (the "Escrow Deposit"). AvOosing, a copy of the closing statement signed by both parties hereto shall be conclusive evidence of the. SELLERS right to receive the deposit Except in the event of PURCHASER'S default hereunder, the interest on the Escrow Deposit shall inure to the benefit of PURCHASER. , 2.3 B&Igpg6 of Purchase Price. PURCHASER shall pay the balance of the Purchase Price to SELLER at closing by readily negotiable funds drawn on a local financial institution pursuant to the terms of the Agreement for Purchase and Sale or by wire transfer to an account identified by SELLER. 2.4 The Purchase includes: (a) All right-*f-ways, alleys, waters, privileges, easements and appurtenances which are on or benefit all the Property; (b) All right, title and interest, if any, of SELLER in any Property lying in the bed of any public or private street or highway, opened or proposed, in front any of the adjoining Property to the center lint thereof-, (c) To the extent transferable, all licenses, permits, approvals, and other governmental authorizations relating to the operation use or occupancy of the Property to the extent 2 the same are transferable to PURCHASER and in effect as of the Closing Date (the Government Approvals" and contracts and ]cases, if applicable, with respect to the Property (the. "Contracts"). 3. INSPECTIONS. PURCHASER shall have athirty (30) calendar days commencing as of the Effective Date to determine that the Property is satisfactory for PURCHASER'S purpose (hereinafter the "Inspection Period"). Additionally, that the Property has adequate services available and that all Federal, State, County and local laws, rules and regulations have been and are currently being complied with relative to the Property. 31 During the Inspection Mod, it shall be the responsibility of the PURCHASER to determine that utility services including water, waste water, electric, telephoneand all other utilities are available in the proper size and capacity to serve the Property and installed to the Property, lines. At all times, during the Inspection Period, PURCHASER and its agents shall be provided with reasonable access during normal business hours to the Property for purposes of an on- site inspection. In the event that any inspections and any review of documents conducted by the PURCHASER relative to the Property, during this period prove unsatisfactory in any fashion, the PURCHASER, at its sole discretion, shall be entitled to terminate this Agreement prior to the expimtion of the Inspection Period. In that event, PURCHASER will provide written notice by mail or facsimile to SELLER and/or SELLERS counsel at any time prior to 5:00 pm. on or before the expiration of the Inspection Period and receive animmediatt refund of all deposits: plus interest paid hereto or proceed to closing as set forth herein. 3.2 SELLER shall provide PURCHASER -or provide,reasonable access to any Appraisals, Environmental Reports ('Environmental Phase I and -H if any), Surveys, and all other studies it may have its possession relating to the Property and shall consent to an assignment of such items, to PURCHASER or PURCHASER's lending institution and shall provide all and existing Leases on the Property. 3.3 PURCHASER's right to inspect and enter on to the Pro" during the Inspection Period is expressly conditioned upon PURCHASER's tovenant to protect the SELLER fromthe f&g of any liens against the Property. In the event that any such liens are filed as a result of work performed or requested by PURCHASER, the PURCHASER shall either pay the sum claimed by the lienor or bond such claim in the manner permitted by law within five (5) days after PURCHASER receives notice of the lien. If PURCHASER does not discharge or transfer to bond any 3 claims of henor after three- (3) days written notice by SELLER, then PURCHASER shall be in breach of this Agreement and PURCHASER shall be responsible for damages caused thereby. , 4. SELLERS REPRESENTATIONS To induce PURCHASER to enter into this Agreement, SELLER makes the following representations, sJl of which, to the best of its knowledge, in all material respects and except as otherwise provided in this Agreement (i) are now true, and (ii) shall be true as of the date of the closing unless SELLER receives information to the contrary. In that event, PURCHASER shall be provided. immediate notice as to the change to the following representations-, 4.1 At all times prior to closing, SELLER shall keep the Property ftee and clear of any mechanic's or materialmen's hens for work or materials furnished to or contracted for, by or on behalf of SELLER prior to the closing, 4.2 SELLER has no actual knowledge of pending or contemplated condemnation proceedings affecting the Property or any-part thereof. 4.3 SELLER has no actual knowledge nor has SELLER received any notice of any litigation, claim, action or proceeding, actual or threatened, against SELLER or the Property by any organization, person, individual or governmental agency which would affect (as to any threatened litigation, claim, action or proceeding, in a materially adverse fashion) the use, occupancy or value of the Property or any part thereof or which would otherwise relate to the Property. 4.4 REAL PROPERTY SOLD AS IS, WHERE IS, RELEASE: SELLER makes and shall make no warranty regarding the title to the Property except as to, any warranties which will be contained in the instruments to be delivered by SELLER at Closing in accordance with this Agreement, and SELLER makes and shall make no representation or warranty either expressed or implied (except as specifically set forth in the Agreement) regarding, condition, operability, safety, fitness for intended purpose, use, governmental requirements, development potential, utility availability, legal access, economic feasibility or any other matters whatsoever with respect to the Property. The PURCHASER specifically acknowledges and agrees that SELLER shall sell and PURCHASER shall purchase the Property on an "AS IS, WHERE IS, AND WITH ALL FAULTS" basis and that, except for the SELLER'S representations and warranties specifically set forth in this Agreement, PURCHASER is not relying on any representations or warranties of any kind 4 whatsoever, express or implied, from SELLER its agents, officers, or employees, as to any matters concerning the Property including, without limitation, any matters relating to (1) the quality, nature, adequacy; or physical condition of the Property, (2) the quality nature, adequacy or physical condition of soils, fill, geology, or any groundwater, (3) the existence, quality, nature, adequacy or physical condition of utilities- serving the Property, (4) the development potential, income potential, expenses of the Property, (5) the Property's value, use, habitability, or merchantability, (6). the fitness, suitability,. or adequacy of the Property for any particular use or purpose, (7) the zoning or other legal status of the Property, (8) the compliance of the Property or its operation with any applicable codes, laws, rules, regulations, statutes, ordinances, covenants, judgments, orders, directives, decisions, guidelines, conditions, or restrictions of any governmental or quasi-governmental entity or of any other person or entity, including, without limitation, environmental person or entity, including without limitation, environmental laws, (9) the presence of Hazardous Materials (as defined herein) or any other hazardous or toxic matter on, under, or about the Property or adjoining or neighboring property, (i 0) the freedom of the Property from latent or apparent vices or defects, (11) peaceable possession of the Property, (12) environmental matters of any kind or nature whatsoever relating to the Property, (13) any development order or agreement, or (14) any other -matter or matters of any nature or kind whatsoever relating to the Property. As used herein, the term "Hazardous Materials" means (i) those substances included within the definitions of "hazardous substances ", "hazardous materials", "toxic substances" or "solid . waste in the Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. §960 et seq., the Resource Conservation and Recovery Act of 1976,42 U.S.C. § 6901 et seq., the Hazardous Materials Transportation Act, 49 U.S. C. §1861 et seq., or the Clean Water Act, 33 U.S.C. §1321 et seq thereto; those seq., as amended, and the regulations promulgated pursuant, to, (ii) se substances listed in the United States Department of Transportation Table (49 CIFR § 172.101) or by the Environmental Protection Agency as "hazardous substances", "hazardous materials ", "toxic substances" or "solid waste!', (iii) such other substances, materials and wastes which are regulated, or classified as hazardous or toxic, under applicable local, -state or federal laws, ordinances or regulations; and any material, waste or substance which is petroleum, asbestos, polychlorinated, biphenyls, flammable explosives or radioactive materials. 4.5 SELLER has full -power and authority to enter into this Agreement and to assume and perform itsobligations hereunder. R 4.6 SELLER warrants that it will not between the date of this Agreement and the closing, without PURCHASERS prior written consent, create by its consent any encumbrances on the Property. For purposes of this provision the term "encumbrances" shall mean any liens, claims, options, or other encumbrances, encroachments, rights-of-way, leases. 4.7 All of the representations, warranties, and covenants or SELLER contained in this Agreement or in any other document, delivered to PURCHASER in connection with the transaction contemplated herein shall be true and correct in all material respects and not in default at the time of closing, just as though they were made at such time. 5. EVIDENCE 5.1 Title to Q the Property. SELLER shall convey to PURCHASER at closing, by delivery of a Special Warranty Deed, the subject Property, including all easements and restrictions of record with the exception of the encroachment(s), if any. PURCHASER shall, during the Inspection Period, secure a title insurance commitment issued by a title insurance underwriter approved and for the subject Property insuring PURCHASER'S title to the Property. The costs and expenses relative to the issuance of a title commitment and an owner's title policy shall be home by the PURCHASER. PURCHASER shall have ten (10) days from the date of receiving said commitment to examine the title commitment If PURCHASER objects to any exception to title as shown in the title commitment, PURCHASER shall within then (10) days of receipt of said commitment, notify SELLER in writing specifying the specific exceptioa(s) to which it objects. Any objection(s) of which PURCHASER has so notified SELLER, and which SELLER chooses to cure, may be cured by SELLER so as to enable the removal of said objection(s) from the title commitment within ten (10)' days after PURCHASER has provided notice to SELLER. Within ten (10) days after the expiration ofSELLERIS time to cure any objection, SELLER shall send to PURCHASER a notice in writing -(a "cure notice") stating either (1) that the objection has been cured and in such case enclosing evidence of such cure, or (ii) that SELLER is either unable to cure or has chosen not to cure such objection other than as set forth herein. If SELLER shall be unable or unwilling, to cure all objections within the time period set forth in the preceding sentence, then, PURCHASER may (a) terminate this Agreement by written notice to the SELLER within ten (10) days after receipt of a cure notice specifying an uncured objection, in which event all instruments and monies held by the Escrow Agent, together with interest thereon, shall be immediately returned to PURCHASER; or (b) subject to the provisions set forth below, proceed to close the transaction contemplated herein despite the uncured objection. 5.2. Survey and LMW Description. During the Inspection Period, PURCHASER shall order: (i) a true, complete and reproducible tracing of a current survey map (current is defined to be certified within twenty (20) days of the date of the Agreement), prepared by a registered land surveyor or engineer.licensed in the State of Florida showing the boundaries of the Property, and the location of any easements and other matters as reflected on Schedule B 11 of the tide commitment thereon and certifying the number of acres (to the nearest one thousandth acre) of land oontaked in the Property, all buildings, improvements and encroachments; and (ii) a correct legal description of the Property which, upon approval thereof by PURCHASER and SELLER, (not to be unreasonably withheld), shall be the legal description used in the deed of conveyance. The survey and legal description shall be prepared and certified by a surveyor licensed and registered in the State of Florida and shall comply with the requirements of the survey map established in connection with the issuance of an owner's title insurance policy on the Property. The survey shall be certified to PURCHASER and the title insurance company issuing the title insurance. In the event the survey shows any material encroachments, strips, gores, or any portion of the land non-contiguous to any other portion of the Property or any other matter materially affecting the intended use of the Property or marketability of title to the Property (any such matter is herein called a "survey objection" and treated as a title defect), PURCHASER shall have a period of thirty (3 0) days after receipt of the survey by PURCHASER within which to approve or disapprove any survey objection and to give notice to SELLER of any disapproval thereof indicating in reasonable detail the nature and reasons for PURCHASER'S objection. PURCHASER agrees that it will not arbitrarily or unreasonably withhold its approval of any such survey objection and that PURCHASER will attempt to approve any such survey objection which does not affect the marketability of title or materially interfere with PURCHASERS use, of the Property. In the event PURCHASER provides a notice of disapproval of a survey objection to SELLER, the rights and obligations of the parties respecting such survey objections shall be governed by Section 5.1 hereof such that the parties shall have the same rights and objections as though such survey objection objected to was a new exception to title which was discovered and objected to within the contemplation of Section 5.1. 7 6.0 RISK OF LOSS. 6.1 Risk of loss or damage from fire, other casualty, or both, is assumed by SELLER until the Special Warranty Deed described in Pmgxaph 5.1 hereof is delivered by SELLER to PURCHASER. In the event any portion of the Property is destroyed, rendered unleaseable or dysfunctional by fire or other casualty then the following shall apply: (a) If the damage, as determined by the insurance adjuster, is not more than $1,000-00: (i) PURCHASER shall complete settlement and Q insurance proceeds relating to the improvements, damaged by such casualty loss- shall be paid to the PURCHASER, and (b) SELLER shall pay to PURCHASER on the date of closing the M amount of any deductible under SELLER'S fire and extended coverage insurance policy applicable to said darnage; (b) If the damage, as determined by the insurance adjuster, is more than One Thousand ($1,000.00) I)OLLARS, PURCHASER shall have the option to (i) complete the settlement hereunder and collect all available insurance proceeds relating to the improvements damaged by such casualty loss, in which ease SELLER shall pay to PURCHASER on the date of closing the full amount of any deductible under SELLER'S fire and extended coverage insurance policy, or (ii) terminate this Agreement and receive a refund of entire deposit and interest SELLER warrants that it shall maintain until the date of the closing adequate "All Risk" property insurance; and: 7. TRANSFER QE TITLE SUBJECT TO. Except as otherwise set forth, the Property shall be conveyed subject only to those exceptions as set forth in paragraphs 2.3, 5.1 and 5.2 and to: (a) Water lines„ sanitary sewer, drainages gas distribution,, electrical and telephone casements of record provided that they are used to service the Property and provided that the buildings and other improvements, including but not limited to the Property, are not on the easements. (b) Unpaid certified assessments payable after the date of the transfer of title. (c) It shall be the sole and exclusive responsibility of the PURCHASER to relocate any utilities and any such relocation costs and. expenses shall be borne by the PURCHASER. (d) PURCHASER shall, in the event of-any relocation of the utilities, provide to 8 the CITY or appropriate service provider easements for the relocated utilities. 8. ADJUSTMENTS AT CLOSING. The following are to be apportioned pro-rata to the date of closing. All utilities, security deposits; rental payments, electric, non-delinquent taxes and assessments (real property, and personal property) computed on a fiscal year basis, and water and sewer charges, if applicable. In the event flA following the Closing, the actual amount of assessed real property tax on the Property, for the current year is higher than any estimate of such tax used for purposes of the CIOS'M& the parties shall re-prorate any amounts paid or credited based on such estimate as if paid in November. This shall survive the Closing. 9. CLOSING DATE 4 AND PLACE. The closing shall occur no later than sixty (60) days subsequent to the Effective Date at the offices of the SELLER's attorney located at 76 N.E. 5" Avenue, Delray Beach, Florida 33463. 10. D EFAULT. If the PURCHASER shall W or refuse to consummate the transaction in accordance with the tam and provisions of this Agreement, all monies on deposit and interest earned on the deposit shall be immediately forfeited to SELLER as agreed upon liquidated damages and PURCHASER shall have no other responsibility or liability of any kind to SELLER by virtue of such default SELLEWS sole and entire remedy shall be restricted to retention of the deposit plus. all accrued interest. In the event of a default by SELLER, PURCHASER shall be entitled to a return of the earnest money, and accrued interest as liquidated damages as its sole and exclusive remedy. It. BROKER. SELLER and PURCHASER each represent to the. other that they have not dealt with any real estate broker, real estate salesman or finder in conjunction with this transaction who is entitled to a fee or brokerage commission in accordance with Florida law. 12. COSTS. Upon closing, PURCHASER shall be responsible for the costs and expenses related to obtainment of title insurance and the costs and expense related to the survey. All expenses incurred which shall include documentary stamps to be affixed to the deed and the recording of the deed shall be borne by SELLER. PURCHASER, at its own expense, may conduct and obtain an Environmental Phase I and Phase Z if so mandate by the Phase L of the Property. All E, costs and expenses related to financing the acquisition and development of the Property shall be borne by PURCHASER. 13. PURCHASEWS WARRANTIES. PURCHASER hereby acknowledges and wan-ants to the best of its knowledge that all of the following are true and correct and all :shall survive the closing: 13.1 PURCHASER has full power and authority to enter into this Agreement and to assume and perform all of its obligations hereunder. 13.2 The execution and delivery of this Agreement and the performance by PURCHASER of the obligations hereunder have been duly authorized by the PURCHASER as may be required, and no further action or approval is required in order to constitute this Agreement as a binding obligation of the PURCHASER. 13.3 The execution and delivery of this Agreement and the consummation of the bmwetion contemplated hereunder on the part of the PURCHASER do not and will not violate the organizational documents of PURCHASER'S general partner or any partnership agreement of the PURCHASER, do not and will not conflict with or result in the breach of any condition or provision, or constitute a default under, or result in the creation or imposition of any lien, charge. or encumbrance upon any of the terms of any contract, mortgage, lien, lease, agreement, indenture, instrument or judgment to which the purchaser is a party. All of the representations, warranties and covenants or PURCHASER contained in this Agreement or in any other document delivered to SELLER in connection with the transaction contemplated herein shall be true and correct in all material respects and not in default at the time of closing, just as though they were made at such time. 14. ENFORCEABILITY. If any provision in this Agreement shall be held to be excessively broad, it shall be construed, by limiting and reducing it, to be enforceable to the extent compatible with applicable law. If any provision in this Agreement shall,, notwitlistanding, the preceding sentence, be held illegal or unenforceable, such. illegality or unenforceability shall not affect any other provision of this agreement. 15. NO hER.GER. All prior understandings and agreements between SELLER and PURCHASER are merged in this Agreement. This Agreement completely expresses their full, 10 16. CONDMONS L RECEDENT TO CLOSING. The parties shall exert diligent effort _ to satisfy the following conditions precedent to closing: 16.1 Simultaneously with the closing of the transaction contemplated he-min the execution and delivery of a permanent easement from the PURCHASER to the SELLER allowing the Seller and the General. Public at large utilize the easement area (consisting of the Purchaser's NW 5h Avenue parking lot) for public purposes including parking Monday through Saturday of every week. The easement shall specifically allow the SELLER to install lighting, make improvements, with the approval of the PURCHASER, install signage and maintain the easement area in good condition. IT NO LIABILITY. Unless this Agreement is properly executed by both parties within the specified time period, neither party shall be obligated. to perform the covenants herein contained. places: 18. NOT CE. All written notices shall be deemed effective if sent to the following SELLER. Delray Beach Community Redevelopment Agency 20 North Swinton Avenue Delray Beach, Florida 33444 Attn: Diane Colonna, Executive Director With Copy to: Donald I Doody, Esquire GOREM CHEROF, DOODY & MOL, P.A. 76 NE Fifth Avenue Delray Beach, Florida 33.483 Telephone: (954) 771-4500 Fax: (954) 7714923 PURCHASER: Mt Olive Baptist Church of Delray Beach 40 N. 4" Avenue Delray Bea* FL 33444-2626 With a Copy to: Telephone. (561) Fax: (561) 11 ESCROW AGENT: Donald 1. Doody, Esquire GOREN, CEEROF, DOODY & EZROL, P.A. 76 NE Fifth Avenue Delray Beach, Florida 33483 Telephone: (954) 771-4500 Fax: (954) 771-4923 19. EFFECTIVE DATE. This Agreement shall be deemed effective as of the last date that the document is executed by either all ofthe parties and the Escrow Agent. Florida. 20. GOVERNING LAW. This Agreement shall be governed by the laws of the State of 21. NO ORAL CHANGE. This Agreement may not be changed or amended orally. 'j. 22. SUCCESSORS. This Agreement shall apply to and bind the distributors, executors, administrators, successors and assigns of SELLER and PURCHASER. 23. QQjjMERP A& TS: This Agreement may be executed in two or more counterparts, - each of which shall be and shall be taken to be an original and all collectively deemed one instrument. The parties hereto agree that a facsimile copy hereof and any signatures hereon shall be considered for all,purposes as originals 24. RADON GAS Radon is a naturally occurring radioactive gas that when it has accumulated in a building in, sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county health unit. IN WITNESS WHEREOF, the parties have executed this Agreement as of the dates indicated below: SELLER: Delray Beach Community Redevelopment Agency By: _ Title: 12 PURCHASER: Mt Olive Baptist Church of Delray Beach, Title: m ESCROW AGENT: Q*V,:EN,QVRDZ 00DY&EZOL, By: — Title: 13 Date: Date: Exhibit A 429 NW If Street — Legal Description: The East 84 feet 6 inches of Lot 8, Block 27, Town of Linton (now Delray Beach), as Recorded in Plat Book 1, Page 3 of the Public Records of Palm Beach County, Florida David Harden City Manager 100 NW I Avenue Delray Beach FL 33444 RE: CRA Sale of Property at 429 NW I't Street to Mt. Olive Missionary Baptist Church Is - Flma In June of 2000 the CRA purchased a blighted duplex at 429 NW 16t Street for $79,000. The original intended use of the property was to develop it as a 12-space public parking lot, and the structure was demolished shortly thereafter. The opportunity subsequently arose to utilize the property in conjunction with the Atlantic Grove project, and in 2003 the CRA issued a Request for Proposals (RFP) to sell the lot. One response was received—a joint submittal from Mt. Olive Missionary Baptist Church and Atlantic Grove Partners. The proposal involved the sale of property that Mt. Olive owned on NW 4th Avenue to Atlantic Grove Partners for the construction of additional townhouses. That sale was contingent upon the church obtaining the CRA's lot for potential future use as a day care center. A contract for the sale of the NW 1 st Street property to the church was negotiated and approved by the CRA board on October 9, 2003. At that time the CRA's property appraised for $124,000. The contract stipulated a proposed purchase price of $1,000 plus the granting of a perpetual easement to the public for parking on Mt. Olive's 35-space parking lot on NW 5u' Avenue. Through this transaction additional public parking would be made available to businesses in the area, Mt. Olive would obtain property it needed for future facilities, and Atlantic Grove would acquire land to build additional residential units. However, Mt. Olive ultimately backed out of its deal with Atlantic Grove Partners and the contracts did not dose. Litigation ensued which was recently resolved in Atlantic Grove's favor. Mt. Olive is proceeding with the sale of its vacant lot on NW 4th Avenue to Atlantic Grove, and the CRA has re-activated its agreement to sell the 429 NW VA Street lot to the church under the previously negotiated terms ($1,000 plus the perpetual easement for use of the parking on NW 5th Avenue). The CRA had its lot re-appraised, and it is valued at $130,000. The easement agreement will allow the CRA to open up access to Mt. Olive's parking lot from !!NW 5"' Avenue, and will allow public parking on the site from Monday through Saturday. The lot is located immediately across the street from the CRA's property at 82 NW 5r' Avenue, which is under contract to be developed as offices for the Delray Beach Housing Authority. There is a need in the area for additional public parking, and the CRA would save money by not having to improve the lot on NW 1"t Street. The City's Engineering Division recently estimated the cost of constructing a parking lot at $4,800 per space (including paving, landscaping, irrigation and drainage). Based on that figure the CRA would have to spend 20 Norfh Swinton Avenue i. Delray Beach, florldo 33444 . Phone: 5611276-8640 - fox: 561/276-8558 * www.delray(to.org approximately $57,600 to install twelve (12) spaces on the NW V* Street lot. The Mt. Olive parking lot is already improved, and contains almost three times the number of spaces. The current charge for in-lieu parking spaces in the West Atlantic Avenue overlay district is $4000 per space. Based on that value alone the Mt. Olive lot would be worth $140,000. Pursuant to Florida Statutes 163.380(2) regarding the CRA's disposition of real property, the property shall be sold, [eased, otherwise transferred, or retained at a value determined to be in the public interest for uses in accordance with the community redevelopment plan and in accordance with such reasonable disposal procedures as the City and CRA may prescribe. In determining the value of real property as being in the public interest for uses in accordance with the community redevelopment plan, the City and CRA shall take into account and give consideration to the long -term benefits to be achieved even if there are short term losses or costs incurred in the disposal of the property. Consideration shall also be given to the objectives of the redevelopment plan for the prevention of a recurrence of slum or blighted areas. In the event the value of such real property being disposed of is for less than the fair value, such disposition shall require the approval of the governing body, which approval may only be given following a duly noticed public hearing. The statute refers to 'fair value' as opposed to "appraised value" and in our opinion (and based upon a comparison of the value of the easement allowing the use of Mt. Olive's parking spaces to our vacant lot), the perpetual easement over an improved parking lot is sufficient to compensate for the appraised value of the CMs property. At this time we would like to place the CRAs contract with Mt. Olive on the City Commission agenda for a public hearing and determination that the easement and $1,000.00 constitutes fair market value for the lot. A copy of the current purchase and sale agreement is attached. Your consideration of this request is very much appreciated. If you have any questions or require additional information please let me know. Sincerely, Diane Colonna CRA Executive Director c: Chevelle Nubin, City Clerk Susan Ruby, City Attorney David Tolces, CRA Attorney " )6 Ck-�n 6A Boca Raton News - Tuesday - Wednesday, December 23 -24, 2008 • www,BocaNews.com CITY OF DELRAY BEACH,FLORIDA NDTICE OF PUBLIC HEARING A PUBLIC HEARING will be held on the following proposed resolution at 'i, 7:00 p.m. on TUESDAY, JANUARY 6, 2009 for at any continuation of such meeting which is set by the Commission), in the City Commisson Chambers, 100 NVV Is! Avenue, Deb,. ray Beach, Fiance, at which 6me the City Commission will consider its adoption. The proposed resolution may be inspected at the Office at the City Clerk at City Hall, 100 N.W. tst'.. Avenue, Delray Beach, Florida, be- tween the hours of 8:00 a.m, and 5:0 Ism., Monday through Friday, except holidays. All interested parties are in- vited to attend and be heard with re- spect to the proposed resolution. RESOLUTION NO .2 -09 A RESOLUTION OF THE CITY COM- MISSION OF THE CITY OF DELRAY' BEACH, FLORIDA, AUTHORIZING THE DELRAY BEACH COMMUNITY, REDEVELOPMENT AGENCY (CRA) TO SELL CRA PROPERTY LOCATE ED AT 429 N.W. 1ST STREET TO MOUNT OLIVE MISSIONARY BAP- TIST CHURCH OF DELRAY BEACH'.. FOR ONE THOUSAND DOLLARS (St,000.00) WITH THE CRA RE- CEIVING A PERPETUAL PARKING EASEMENT OVER MOUNT OLIVE MISSIONARY BAPTIST CHURCH'S'. THIRTY-FIVE (35) SPACE PARKING LOT LOCATED ON N.W. 5TH AVE. NUE SETTING A PUBLIC HEARING AT CITY HALL, 100 N.W. tST AVE- NUE, DELRAY BEACH, FLORIDA' FOR 7:00 P.M. ON JANUARY 6, 2009, PURSUANT TO FLA. STAT 163.380(2). Please be advised the; it a person deg cides to appeal any decision made by the City Commission will, respect la any matter considered at these hear- ings, such person may need In ensure that a verbatim record includes the testimony and evidence upon which the appeal is to be based. The Ci'.y does not provide nor prepare such recordprrsuantta ES.266.0105. '.. CITY OF DELRAY BEACH Cttrvele a Nubin, CMC Coy Clerk ''...,. Publish: Tuesday, December 23, 200B Baca RaionlDelray Beach News j