Res 56-16A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, APPROVING THE SALE OF THAT
CERTAIN PARCEL OF REAL PROPERTY LOCATED IN PALM
BEACH COUNTY, FLORIDA, AS MORE PARTICULARLY
DESCRIBED HEREIN, TO MIC VENTURE, LLC; AND
AUTHORIZING THE MAYOR TO EXECUTE A QUIT CLAIM DEED
TO EFFECTUATE SUCH SALE; PROVIDING AN EFFECTIVE
DATE AND FOR OTHER PURPOSES.
WHEREAS, the City of Delray Beach, Florida ("City") is desires to convey certain property located on
Wallace Drive to MIC Venture, LLC, (`Buyer"), as Buyer currently owns the remainder of the lot at Wallace
Drive; and
WHEREAS, Buyer has requested the City convey its interest in the Property to Buyer and in
consideration, Buyer will pay five hundred and fifty dollars ($550.00); and
WHEREAS, it is in the best interest of the City of Delray Beach, Florida, to convey the Property to
Buyer; and
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, as Seller, hereby agrees to
sell Property to MIC Venture, LLC, as Buyer, for a purchase price of five hundred and fifty dollars ($550.00)
and other good and valuable consideration, the sufficiency of which is hereby acknowledged by the parties; said
Property being described as follows:
See Exhibit "A" attached hereto.
Section 2. That the terms and conditions contained in the vacant land contract and addendum thereto
between the City of Delray Beach, Florida, and MIC Venture, LLC, are incorporated herein as Exhibit "B".
Section 3. That the terms and conditions contained in Quit Claim deed between the City of Deltay
Beach, Florida, and MIC Venture, LLC are incorporated herein as Exhibit "C".
Section 3. This Resolution shall be effective immediately upon adoption.
ATTEST:
1► r11.
City Clerk
P
MAYOR
EXHIBIT "A"
THE NORTH 55 FEET OF LOT 8, BLOCK D, PLAT OF SUNNY ACRES, ACCORDING TO THE PLAT
RECORDED IN PLAT BOOK 21, PAGE 63, PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA,
BEING THE REAL PROPERTY DESCRIBED UNDER TAX CERTIFICATE #2248 IN THE FINAL
JUDGMENT RECORDED IN OFFICIAL RECORDS BOOK 1902, PAGE 1322, PUBLIC RECORDS OF
PALM BEACH COUNTY, FLORIDA.
CONTAINING 652.76 SQUARE FEET/0.0150 ACRES.
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