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Res 01-89 RESOLUTION NO. A RESOLL~TION OF THE CI~f COMMISSION OF THE CITY OF DE?.RAY BEACH, FLORIDA, AUTHORIZING THE CITY ~v P~JRCHASE FROM THE PALM BEACH COUNTY SCHOOL BOARD, A CERTAIN PAP. CEL OF PROPERTY IN THE CITY OF DELRAY BEACH KNOWN AS THE DE~./~AY BEACH ELEMENTARY SCHOOL, ~!ICH PROPF--~TY iS LOCATED AT ~ NORTHEAST CORNER OF T~E INTERSECTION OF EAST ATLANTIC AVF/~3E .AND NORTH SWI~ON AVENUE, iN ~"TIE CIT~I OF DELRAY BEACH, FLORIDA, HEREBY INCORPORATING AND ACCEPTING THE CONDITIONS AND TERMS OF THE AGREEMENT BETWEEN THE Ci~I OF DELRAY BF,%CH, ~ORIDA AND PALM BEACH COUNTY SCHOOL BOARD OF APRIL 6, 1988 AS AMENDED. '~EREAS, the City of Delray Beach, Florida, acknowledging the value of the Delray Beach Elementary site to the City and its residents for governmental, cultural, and park and recreational purposes, wishes to purchase said property; and, %~HEREAS, the Palm Beach County School Board desires to sell the property to th~ City of Delray Beach, Florida; and, W~EREA$, it is in the best interest of the City Of Delray Beach, Florida to purchase said property for the purposes described above. NOW, THEREFORE, BE ~T RESOLVED BY THE CITY COMMISSION OF THE CI~f OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission of the City of Delray Beach, Florida, hereby agrees to purchase the Delray Beach Elementary School property from the Palm Beach County School Board, with said property morefuily described as fellows: ~ 6 ~ and 8 and Block 68, o~ Town of --Delray, according to the Plat thereof on file in the office of the Clerk of the Circuit Court in and for Palm Beach County, Florida, recorded in Plat Book 1, Page 3. and that block of land labeled "Park and School" bounded north by ?earl Street, west by Swinton Avenue: South by Atlantic Avenue; and East by Gaiilard Street as per map of Linton, Florida, which was filed in the office of the Clerk of the Circuit Court in bade County, Florida, on July 29, 1896, the same Deing the land upon which the public school at Linton is now located, the said above-described land being in the southwest corner of the Northwest Quarter of Section 16, TWP. 46 S., RGE LESS .AND ACCEPTING THE FOLLOWING TWO PARCELS: The South ten (10) feet of Block 68, Town of Delra¥, as shown in Plat Book i, Page 3, Public Records of PaLm Beach County, Florida. a Dart of Lot 1, ~]ock 58, Plat of Delray Beach (formally Lintonl, as said plat is recorded in Plat Book i, Page 3, Sheet 2 of the Public Records of Palm Beach County, Florida, sa~d part being more particularly described as follaws: Beginning at the Northwest corner of said Lot 1 of Block 68; ~hence east, on an ass~ed bearing, along the North line of said Lot !, being also the South Right-of-way line of North- east First Street, a distance of 19.75 feet; thence S. 16 degrees, 08'07''W, a distance of 67.54 feet to an intersection with the West line of said Lot I, of Block 68, said West line being also the East right-of-way line of Swinton Avenue; thence N O degrees, 51', 47"W, along said West line of Lot 1 and said East right-of-way line of Swinton Avenue, a distance of 64.89 feet to the Point of Beginning. Section 2. The City shall pay $414,322.25 for the property as well as costs of closing at the time of closing, and the sum of $266,500 within sixty (60) ~ays of the City of Delray Beach's receipt of impact fees from developers, or, alternatively within one year from the receip~ of the warranty deed. Section 3. That terms and conditions contained in the agree- ment of April 6~ 1988 and amendments thereto between the City and the Palm Beach County School Board are incorporated herein. PASSED AND ADOPTED in ~egular session on this 10th day of January , 198 9 . ATTEST: 9.ES. NO. 1-89