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Res No. 208-19RESOLUTION NO. 208-19 A RESOLUTION OF THE CITY OF DELRAY BEACH, FLORIDA, APPROVING A PARK.ING SPACE AGREEMENT AND COVENANT WITH CDR DELRAY FEC, LLC,; AUTHORIZING THE CITY MANAGER TO TAKE ALL ACTIONS NECESSARY TO EFFECTUA TE THIS RESOLUTION; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the City of Delray Beach ("City") is authorized to enter into agreements to provide services, programming and products in accordance with its Charter; and WHEREAS, the City desires to enter into a Parking Space Agreement and Covenant with CDR Delray FEC, LLC, to provide for 61 parking spaces within the FEC right-of-way; and WHEREAS, the City Commission of the City of Delray Beach has determined that this Agreement serves a public purpose and will provide needed parking spaces within the City that will promote community activity and enhance quality of life; and WHEREAS, the City Commission deems approval of this Resolution to be in the best interest of the health, safety, and welfare of the residents and citizens of the City of Delray Beach and the public at large. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. The foregoing recitals are hereby affirmed and ratified. Section 2. The City Commission of the City of Delray Beach has reviewed and hereby approves the Parking Space Agreement and Covenant between CDR Delray FEC, LLC, and the City of Delray Beach, attached hereto and incorporated herein as Exhibit A. Section 3. The City Commission authorizes the City Manager to take any action necessary to effectuate the intent of this Resolution. Section 4. This Resolution shall become effective immediately upon adoption. PASSED AND ADOPTED in regular session on the li!. day of JJo /.vtYlfJ¡¿,{_ , 2019. ATTEST: -~/¼-~ Ka terri Johnso ~lerk