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Res 76-96 RESOLUTION NO. 76-96 } A RESOLUTION OF THE CITY CC~SSION OF THE CITY OF DELRAY BEACH, I FLORIDA, AUTHORIZING THE CITY TO PURCHASE FROM S~.T.~.R CERTAIN ~ REAL PROPERTY IN PALM BEACH COUNTY, FLORIDA, AS DESCRIBED HEREIN, HEREBY INCORPORATING AND ACCEPTING THE O3NTRACT STATING THE TERMS 1' AND CC~DITIONS FOR THE SALE AND PURCHASE BETWEEN THE S~3.T.k'~R AND !' THE CITY OF DELRAY BE~J~H, FLORIDA. I. ~ WHEREAS, the City of Delray Beach, Florida, in conjunction with the Housing Partnership, Inc., wishes to acquire certain residential property located at 303 S.W. 2nd Avenue to provide for housing pursuant to the City's Affordable Housing Program; WHEREAS, the Seller hereinafter named desires to sell the property hereinafter described to the City of Delray Beach, Florida; and WHEREAS, it is in the best interest of the City of Delray Beach, Florida, to purchase said property for the purpose described above. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY Section 1. ~nat the City Co~mission of the City of Delray Beach, FlOrida, in conjunction with the Housing Partnership, Inc., as Buyer, hereby agrees to purchase from the United States Department of Housing and Urban Develoimuent, as Seller, land to provide for affor~_~ble housing opportunities for low income individuals, for the purchase price of Thirty-Five Thousand One Hundred and 00/100 Dollars ($35,100.00), and other good and valushle consideration; said parcel being ~re particularly described as follows: South 60 feet of the North 140 feet of the West 140.6 feet of Block 56, according to the Plat of the Town of Delray, on file in the Office of the Clerk of the Circuit Court in a~xi for Palm Beach County, Florida, recorded in Plat Book 20, Page 55. Section 2. That the costs of closing and transactions, title insurance, document preparation and attorney's fees shall be borne by the City of Delray Beach, Florida. Section 3. That the terms and conditions contained in the contract for sale and purchase and addenda thereto between the City of Delray Beach, Florida, and the Seller as hereinabove named are incorporated herein as Exhibit "A". PASSED AND ADOPTED in regular session on this the 15th day of October, 1996. ~A R~ C~ty Clerk / i . Sales Contra ,:- u.s. Department of Housing and Urban Development .... -~.:..... . ........... ........................ Office of. Housing ...... '~*~"~i[~. ...... ~ ............................. Property Disposition Program Federal Housing Commissioner * · OMBApprovai No. 2502-0306 (exp. 9/30/95) PartnerShip, Inc, "~..' "-.', " .. (Purchaser(s)) agree to purchasc on thc. terms set forth herein, thc foll~'[ng property, as more Particula'lY · '., ~~,,d.-~~ described in Ibc dccd conveying thc property Io thc Secrete. fy of Hou~'i~ and Urban Development .... :. 393 S.W, 2nd..Avenue, Delra¥ Beach FL 33444 ' "" {streel number' streemame' unll number' If apP~iCal:~e' ~'IY' cx:~JnlY' Stale) '. 2. Thc Secretary of Housing and Urban Development (Seller) agrees ,o sell thc property at thc Price and t,rms containing a covenant which w an'ants against the acts of the Seller and all claiming by. through t,r und¢, him. Title name(s)andstylc: City Of DelTa7 Beach" ·. ......... . -. ...... ; ...... . The agreed purchase pncc of thc property ~s .......; ........ - ............ ; ....................................................................... Purchabcr has paid $ 500. O0 as earnest'money to be'applled on tho pu~hasc price, and asreos to pay'the balance of thc purchase price, plus or minus prorations; at the time ofc!osi.ng, i'n cash to Sollor. The ' 4.("' ' Purchascr is applying forHUD/FHAinsurcd financingwith-'bashdownpa~mcnt'of$ . - .....~,f_ ;=, iV :'.' .;-~" ' " duc atclosing and the balance Secured by a mortgage in thc amount of $ . , .. for ' months (docs not include HUD/FHA Mortgage insurance Premi.um'). . [-1 Said mortgage involves a repair escrow amounting t~ ' ':".~. 4. $.. · [] Purchaser is paying cas h or applying for convention'al or other financing not involving. HUD/FHA. · . .. . , '. ..~. . ;- :~t . .. -. · , 3. Seller will pay ~:casonablc ahd customary costs, but not more than"a<~l'ual costs, nor m~)r¢ than. pa~d by a typical Stile( inthcarca, ofobtainingfinancingand/orclosing(cxc]u'din~brok~r'sbommission)inan amountnotiocxc¢cd ~' '~. $ "''~ ".~ ' s ...... 6. Upon sales closing, Seller agrees to pay to thc broker identified below a commission (includi~ig ' ' :::" '" '%' selling bonus., if offcrcd by seller ) ot'~_ ~%x _zZz~_ x _~ ~-x~__ .k~_ _x~m__ _~x_~l~_' ....... :..:..; .................... : ....... ; .... ?. Thcnctamount duc Sell,j., ,Purchasepricc. ltem'3'.,~}'~',{~, ~scrow, ifany.]ess It~i~'$ and 6) ................. 8. Purchaser is: L--] owncr-eccupant {:will occupy this property as primary rcsid~cc) investor [] nonprofit organization I--] public hoi~slng agency ~ other government a~encY:" :' ' '~ '"" 9.Time is of thc.esscncc as to cio. sing. Thc sale shall close not later than 60 days from Sollcr's ncccptance'0f contract. Closing shall be held al office of Seller's designated closing agent or A. pT. Af"'~. l~...~Tf".l~q~l~.i'} 1~¥ R~I'). 10. lfScllcrdocsnotacccptthisoffcr,$cllcr, cr~.].may [~]mayno! holdsuchoffcrasabeck-uptoacccptedoffcr.' :.:; ."': '~ ........ ' Il. Lead ba~cd paint addendum [] is ~ is'not'attached~ ~thcr addendum [] is [~ is not attached he, to and made part of this contract. ·--- , · - " ~. '. * · -..,' * - ; o .'., ,' .' .~;',fe ~: 'V ';~'~;":.'-~?'~ ~" "t~--. : *- ~ " tt:.:":t~'.~J=~:~X'~:°' "~' '~:.~.~, · ~"' 'IZ' ~ould Purchaser refuse or'otherw~e fad to' pei-form iWaccordance w]tti tht~ eontrach~nclu~hng the lime Umnt~tion, S~ler may, at \-.,elleWssole option, retain all ora portion of the deposit~liquidated damages; TheSeller ee~er.vestherightto~ theearn~t money, ~ . .- ......... '. . ., · .... · t - , ., ..... " ".' : ' ~ ," -' ":' ' :~;~ :'-.'~:: ," ~,0- ,~k¢,~, ~,*."., · -.:..' '"' .~..~`=~cnn.y~)~rt.~nthere~f~t~nnysumswh.chmi~be~bythe~`~rc~ase.rt~fJ~e$e~er.f~rren~~.(-s[[~[~~e~ln.~.~s`: = ... · * ? *-:?~.' ~;.=,~ ...... -: ... · ..,.: .~ ?.. ~ ?~'.~ ~;)?:-.,..f,.~.~". %.~- ;-.,~:* ~a: ;.~.,- ~ ~ :~:;':'..:~.~:.~... ~.;'[: ~ ~,~;~'i~'_-~,/~r~'~;,~,"'~.O~,T~ .~.,,~.'t.,:~.-~,~. .1 ~. This con'r, act is subjcct to thc Cond itions of Sale on thc reverse hereof, which are incorporated hcrcin and made part of thEcontract. =. ,. ~'..,.., . Certification of Purchaser: The undersig~ned .ce. rtl. ties th,at in.. affixing his/her/its signature to this contrgq b~she/it Und.erstnnds:: (!) ~H the co-~tents thereof (including the Conditionsor Sale).an~ is in agreement therewith withq.ut protest;(2)~he/sh~it, b,r,eSJ)onsible~ for ~t[sfying itself as to the full condition of the prop:er,t..v.~ and ,(.~. )' that Seller will not ~erform r~pairs.after, ncce~t~nce-.~.f.th~contr.~ct. JWesC Pa:L~ Beach, ~ 33401 :; ' ~ {'561} 659.1201 · ~ [DalaoOnlt'l~!'Acce~l'eclbyHUD: ~eqretary of-I~lousing'an~Urban Dev~'lopment . I~'y: (qtpe name &i~e~ & sion} ". - - ~.ertiflci{Ion ~f BioE-~: Th~ und~c~'Ign/cd ccrq'fies tha't': '('1')' niithe~ he?she nor anyone authorized m act for him/her has declined to sell thc property da~cribcd her~in to or to make it available for inspection or c~idcration by a prospective purchaser because of his/her race. color..r~ligion', scx. faro ilial status, national origin, or disability; (2) he/she has both pro~;idcd and explained to Ibc purchaser the notice regarding usc of HUD's closing agora; (3) he/she has explained fully to thc purchascr thc entire terms of thc contract, including Condition B on the reverse hcr~W; and (4) he/she is in c~mplianc¢ with HUD's earnest money policy as set forth on HUD forms SAMS-! 116 and SAMS-I I 16A..~clling'Broker lnformatliStt and Certification; which hc/' she ha~ executed and filed with Sollcr. .: .... .' :.. Brokers .... Business..:.. Name & Address: (f~ IRS reporting) (Include ZIp. ~,~:le).. { Brok&r'i,. SSN cx Employer. ID No. (include hyphens) '.il sXi,~S. ~NGPR45915L'NA Number:' Type or print the name and phone number of sales person: Thla.,~ectlon for HUD use only. Broker notified of: Aulho~lzing Signature & Dale: [~cceptance [~aack. Up No._ L_~Rejection l_lReturn Earnest Money Deposit X ~~. Previous ed{~ons are obsolete c~,y ~; Fo HUD I~¢~1 ol{ice; ul~, ~pp~ovel. HUO wil~ ,e~um fei Haodbook 4310.5 lofm HUO-gS48 (3/94) eig~ed Copy ! I~ eroker lot delivery to Exhibit "A" to Resolution No. 76-96 RESOLUTION NO. 76-96 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE CITY TO PURCHASE FROM S~.?.~.R CERTAIN REAL PROPERTY IN PALM BEACH COUNTY, FLORIDA, AS DESCRIBED HEREIN, HEREBY INCORPORATING AND ACCEPTING THE CIINTRACT STATING THE TERMS AND CONDITIONS FOR THE SALE AND PURCHASE BETWE~ THE S~.T.T.~R AND THE CITY OF DELRAY BEACH, FLORIDA. WHEREAS, the City of Delray Beach, Florida, in conjunction with the Housing Partnership, Inc., wishes to acquire certain residential property located at 303 S.W. 2nd Avenue to provide for housing pursuant to the City's Affordable Housing Program; WHEREAS, the Seller hereinafter named desires to sell the property hereinafter described to the City of Delray Beach, Florida; and WHEREAS, it is in the best interest of the City of Delray Beach, Florida, to purchase said property for the purpose described above. NOW, THEREFORE, BE IT RESOLVED 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, in conjunct/on with the Housing Partnership, Inc., as Buyer, hereby agrees to purchase from the United States Department of Housing and Urban Development, as Seller, land to provide for affordable housing opportunities for low income ipd~viduals, for the purchase price of Thirty-Five Thousand One Hundred and 00/100 Dollars ($35,100.00), and other good and val,~hle consideration; said parcel being more particularly described as follows: South 60 feet of the North 140 feet of the West 140.6 feet of Block 56, according to the Plat of the Town of Delray, on file in the Office of the Clerk of the Circuit Court in and for Palm Beach County, Florida, recorded in Plat Book 20, Page 55. Section 2. Tnat the costs of closing and transactions, title insurance, document preparation and attorney's fees shall be borne by the City of Delray Beach, Florida. Section 3. That the terms and conditions contained in the contract for sale and purchase and addenda thereto between the City of Delray Beach, Florida, and the Seller as hereiD_~bove named are incorporated herein as Exhibit "A". PASSED AND ADOPTED in regular session on this the 15th day of October, 1996. C~ty clerk / ' ; - sales Contract,,:..:- u.s.Department of Housing and Urba~...n..Development.. :. -c-'...; i.;u:. :i.'-.:.: . .... :.'" ......................... Office of Housing ....... ',..~'-- ............................................. Pro'perty Disposition Program Federal Housing Commissioner ' '"~'-- OMB Approval No. 2502-0306 (exp. 9/30/95) ,. ......... ....:, :,:,..,: (Pur~:~hascr(s))' agrcc to-purch asc on th~ terms scl forth hcrein, thc.fol, l,.o..wing property, as more paflicularly ', -: .,~{.,~~ describedinlhcdecdconvcylngthcpropcrtytothcSecretaryofHousingand Urban Development: .... ~l ~'.~ I~']M, 303 S.l¢. 2nd Avea~e, I)elray Beach I:'L 3344/+ . ;, ~ .. ..... - Istreelnumber streelname ...... un tnumber If applicable city county Stale} :., ', /]blt -= 'i:~a~"~ ag~.' :. The Secretary of Housing and Urban Development (Seller) agrees to sell the property at the price and terms set ~ ~,~ni~ containing a covenant whi<h warrants against the acts of the $ellea' and all claiming by, through or under him. 'Title~¢t e ' ~ t~he fol!ow, inl~ name(s)andstyle: C:[.t:y of Delra¥ Beach '; 3. The a~re. cd purchaic pri¢c'ofthc propc~'ty is ...... : ..... L:~....!;'.:...; ..... :::.:::: .................... : ............... .: ........ :. ........ ::. · "~J:"'~-i~'l,'~]-O07 ~"~..'-.~'-? to p~y'the balance of thc purchase price, plus or minus prorations; at thc time ofc!osi.ng, in cash to S~ller. The - 4.{"'¢~?¢st money deix~sit shall be held ~y ~ ..... PurchaserisapplyingforHUD/FHAinsuredfinancingwith-,'cashdownpa~mentof$.. . ~'_ ;z,}'V due at closing and thc balance $ccurexi by a mortgage in the amount of $ ........ . .:: for. ' months (does not include HUD/FHA Mortgage Insurance Premium). F'lsaidmo.'gagein olvesarep.iresc.,wamoun,ing,i, ....................................... : ................ :: .............. :;- 4. S ' r~l Purchaser is paying cash or applying for convention'al °r other financing not involving-HUD/FHA. · . . . .. , 'o :~, . ; ;~, , .. '.. . . 5. Seller will pay ~'casonablc ahd customary costs, but .not more th'an"a(~iUal costs, nor more than. paid by a typical SeUcr . -. . ~ ..... , in the area, of obtaining financing and/or closing (excluding broker's ~ommission) in an amount not iD exceed · '~. $ "~ 6. Up~nsa~escl~in~Sc~cragrccst~payt~th~br~keridenti~bel~wacommissi~n(inc~udii1g '"~:''" ' .... ~ .... selling bonus: if offered by seller)of-x~t~_~x _.t"~-_ X~___~=t~x_~x~__~_m~_ ....... ~.....:: ................... : ....... ~ .... · '~ $ ~: ....; .::-.~. 8. Purchaser is: ['~ owner-occupant (will occupy this Property as primary residence) in.es,or k--l nonpron, organization public ho sing agency F-1 other governme,t a enc :"- 9.Time is of the.essence as to cio. sing. Thc salc shall close not later than 60 days from Seller's acceptance'of contract. Closing shall be held at office of Seller's designated closing agent or _1~ pr.z,~ pRRTfllqA~l~.r} R¥ l:lL~D.. ' I0. lfSelJerdocsnotacccplthisoffcr, Scller~may ~]maynot holdsuchoffcrasaback-uptoacccptcdoffer.' ~.;.: ." "': ........ " Il. L~ad based paint addendum [-'l is is'not'attached; Other addendum [--] is ~] is not attached hereto and made part of this contract. [~is . '.. . ,i~r ~ould Purchaser refu]se or otherw~e fail to pei-form'ih~laeeordanee w~.t .~ th~ eon~traet~ne!uit~n.g the .ti]~e,~,,m.~ .o!!..,' .Sel[I,e,,r. ,m,..ay, ,at. · oellee, ssole option, retain all ora portion of the depositas liquidated daifiiig~: Thi~;ell~r ~'esl!/;v~ th e rMlit to"a_nlil~ th~ o"' .~ ......... '. ., · ..... . ~ · -.- . " "' : · ; .'; ":' ' .'I;' :'./C:5~" g,O* . ;;.= ::or,,,n:y portmn th creel, to anysums which mity be ow~l by tlie-i~!. '..relias.~ e. rto theSeiler br rent ~s)'~i~,ersln~s: .~ .. · -",· 'z?.s. ;: ~;~. . . -:. · ': . - . '...: .:.. ?:.... ; ?$'.~" .:.i,...~..'·.~-~'~<:' '.-.' ;'-',";,:' l~a: ~.~.- ' ,t -.~:tg'~:'.:..~:.~ :' :.~,~{:~: '&&ti~'.~r~"<~.O~,'s,.'l~t~'t,.,,C.~.;; . ,],3. ,Th!s contract is subject to thc Conditions of Sale on the reverse hcrcof, which arc incorporatcd hcrcin and made part of thH'contract ....... .... . Certification of Purchaser: The undersigned .Ce. Pti. ties that i~.. at'f'txing his/her/its signature to this contrgc!, hqshe/it;.u'nd.erstands:: (1) aH. the co,tents thereof (including the Condition.~of Sale)· and ,~ in agree .re. ant therewith ~itho.ut. protest ;(~), he/sh, d. it, ls,r,e, sponsiblec~¥-.. for satisfying jtsell'as to the full condition of the prop:e.rt..$~ and ,O.)'that Seller will not perform r~palr$.after~iaccentance~fthls~.contr!!ct. Hous~tne~C~ ... 1310 Clematis Street Su/te .409 .: , :-y/7-/7.-.~--- - ' "' .,- It;est Palm Beach~ YI, 33401 ?~___~~,,~ff .... .:.'. [ Phone NO: · Date Purchasers)Signed C~,,rac,: .~zSec. retary 01-1:lSusing'ari,d; urban DoV$'ioPment . By: (typ~ name t ~ii~ei & signl -'. - ' Date c~'~rac!,~:e..pt~ by HUD: Certification df Broker: Thc un~ggcd ccrt,fies that': '(fl neither h~/shc nor anyone authorized to act for him/her has declined to sell thc propcrty d~Scribcd herein to or to makc it available for inspection or cd~Sideratlon by a prospective purchascr because of his/her race, color, ,rcliglon, sex, faro ilial status, national origin, or disability; (2) he/she has both prm;idcd and explained to thc purchaser thc notice regarding use of HUD's closing agent; (3) he/she has explained fully to thc purchaser thc entire terms of thc contract, including Condition B on thc reverse hereof; and (4) h~shc is in c'ompliancc with HUD's earnest moncy policy as set forth on HUD forms SAMS-I l 16 and SAMS- 1116A, ,~ciling'l%oker Informatl6n and Certification; which he/' she has executed and filed with Seller. .: .... '~., ' Broker's Business Name & Address: (lot' IRS reporting) (Include Zip Me} [ Brokir'i SSN ~ Employer i0 No. (Inch.~e hyphens) '] S~btS SL-NA Number: ' ---;---.'~ .'~T, ........... .ns,.,._ . .....'7------ * ---;.- s, . 8e"~'e Ohe~e'n ~d" ~ . ..... i~ D:[rect Sale ' '" ' '; " Type or print Ihe name and phone number of sales pe~son: Thls~flon for HUD use only. Broker notified of: Authorizing Signature & [:)ale: [~cceptance [::]Back-Up No L[ Rejection [~Return Earnest Money Deposit IX "~'~.~'.'~-'u~e.~ ~ ~-- a~r--~'~:::~ p~evious editions are obsolete c~p¥ i; To HUD local olliee; upon eP0~Ov&l. HUD will return re{. Handbook 4310.5 form HU0-9548 (3,'94) Ilgrted Copy I ID [~¢oker for cleliver¥ ID Exhibit "A" to IZesolution No. 76-96 MEMORANDUM TO: David Harden, City Manager THRU: Lula Butler, Community Improvement Directo~j~ FROM: Dorothy Ellington, Community Development Coordinator DATE: October 7, 1996 SUBJECT: HOPE 3 Acquisition/303 S.W. 2nd Avenue, Delray Beach 521 S.W. 10th Street, Delray Beach ITEM BEFORE THE COMMISSION This is to request approval to acquire two single family housing units under the HOPE 3 Program. The 303 S.W. 2nd Avenue unit will be purchased at a cost of $35,100 and the 521 S.W. 10th Street unit will be purchased at a cost of $43,200. The properties will be purchased for rehabilitation and resale to an income eligible buyer and the HOPE 3 Program. BACKGROUND The City in partnership with the Palm Beach County Housing Partnership, Inc. has participated in the HUD-funded HOPE 3 Program since being awarded a Grant of $430,000 in March 1994. We purchased our first property in December 1994 and have since purchased seven additional units, three of which have been sold to income eligible home buyers. These properties are located within various neighborhoods throughout the City, often having been boarded-up while waiting for HUD to dispose of them. Once we acquire the property, we will rehabilitate them to standard code requirements and sell them at appraised value to a qualified low/moderate income home buyer. When the properties are sold, sales proceeds will be revolved to provide additional homeowner opportunities. The purchase of these two units will bring the total to ten, which will meet the required number of units under the City's HOPE 3 funding agreement. RECOMMENDATION Staff recommends approval of this request, authorizing the closing on the property as listed above. Agenda Item No.: ~ AGENDA REQUEST Request to be placed on: Date: October 7, 1996 Regular Agenda Special Agenda ~--- Workshop Agenda ×× Consent Agenda When: October 15~ 1996 .Description of item (who, what, where, how much): This is to request approval to acquire two sinKle family housin~ units under the HOPE3 Program. The Resolution to purchase the units is being handled by the City Attorney's office. (Example: Request from Atlantic High School for $2,000 to fund project graduation). ORDINANCE/ RESOLUTION REQUIRED: ~ESYNO Draft Attached: YES/NO Recommendation: Staff recommends approval of this request, authorizing the closing on the properties listed above. (Example: Recommend approval with funding from Special Events Account No. 001-3333-555-44.55). Department Head Signature: ~~ ........... ~ / City Attorney Review/ Recommendation (i~applicable): Budget Director Review (required on all items involving expenditure of funds): -- Funding available: YES/NO Funding alternatives: .(if applicable) Account No. & Description: Account Balance: City Manager Review: Approved for agenda: NO ~ . Hold Until: ~-- Agenda Coordinator Review: Received: Placed on Agenda: Action: Approved/Disapproved ~EN~O~ U.S Department of Housing and Urban Development ~ ,~ ~n ~ Jacksonville Office ~ Community Planning and Development : *U.lUl-UW ~ 301 West Bay Street, Suite 4HD~2 SEP 3 1995 Ms. Dorothy Ellington Community Development Coordinator 100 NW let Avenue Delray Beach, Florida 33444 Dear Ms. Ellington: SUBJECT: HOPE 3 Program Grant No. H3-92-FL0015-I-A Environmental Release City of Delray Beach, Florida We have reviewed the environmental threshold information which you provided to us in your letter of August 27, 1996, for the Implementation Grant under the HOPE Single Family Homes Program. Our determination for the property listed in your submission is as follows: Ap~roved Properties The following properties do not exceed any of th~ thresholds that activate the Federal environmental laws and authorities. Therefore, HUD approves the use of these properties in your homeownership program. You may proceed to commit or expend grant funds or match to undertake property acquisition or rehabilitation activities. 9. 521 SW 10th Avenue 10. 303 SW 2nd Avenue Delray Beach, Florida Delray Beach, Florida For further assistance, please phone your HOPE 3 Program Coordinator, Nick Sotiropoulos, at (904) 232-1202. ~sincerely y~o~s, . Director Community Planning and Development Division, 4HD NOTICE OF INTENT TO AcOUIRE REAL PROPERTY NOTICE IS HEREBY GIVEN, that the City of Delray Beach, Florida, in conjunction with the Housing Partnership, Inc. has determined it to be in the best interest of the City to purchase certain real property, for municipal purposes, more particularly described as follows: ~,q~, Lot 13, Delray manor add to Delray, on file in the Office of the Clerk of the Circuit Court in and for Palm Beach County, Florida, recorded in Plat Book 12, Page 59. South 60 feet of the North 140 feet of the West 140.6 feet of Block 56, 5.  r)b~q(~ according to the plat of the Town of Delray, on file in the Office of the Clerk of the Circuit Court in and for Palm Beach County, Florida, recorded in Plat Book 20, Page 55. Subject to easements, restrictions, limitations, and other matters of record for the purchase price of $43,200.00 and $35,100.00 respectively, and other good and valuable consideration. A Resolution of the City Commission of the City of Dekay Beach, Florida, authorizing the purchase of the property on the terms and conditions set forth above, will be considered for adoption by the City Commission at a regular meeting to be held at 6:00pm on Tuesday, October 15, 1996. CITY OF DELRAY BEACH, FLORIDA Alison MacGregor Harty City Clerk PUBLISH: The News October 4, 1996 October 11, 1996 NOTICE IS HEREBY GIVEN, rnat Cfl~ of Delray Beacll, Florida, in I~ w~ ~ H~ing I~. ~ ~mi~ ~ ~ ~ in ~ ~ ~ 13, ~lray ~ ~ ~ ~lray, ~, F~, ~ ~n Psat ~ file in ~e ~ M ~ C~ M Circui~ C~fl in ~ ~ PeJm ~c~ ~, F~, ~ in Plat a~ vel~ble ~. A ~S. a~ ~lt~S ~ ~ will N ~ ~ ~ by C~ ~mi~ at a r~ular ~i~ ~1~,~. ~1~: ~.4& I1,~ T~ N~ · NOTICE I$ HEREBY GIVEN, that CBy o~ Delray ~e~ch, Ffori~, in ~ j~ wl~ ~ ~ P~p, ~ ~ ~ C~ ~ ~c~ c~ain ~ ~, ~ray ~ ~ ~ ~r~y, ~ P~. C~ ~mi~ at I r~lar ~iflg ~ 1S,~.