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Res 82-84 RESOLUTION NO. 82-8~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, PURSUANT TO THE CHARTER OF THE CITY OF DELRAY BEACH, AND SECTION 2-7(b) OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE EXCHANGE OF REAL PROPERTY OWNED BY THE CITY OF DELRAY BEACH LOCATED IN SECTION 8, TOWNSHIP ~6 SOUTH, RANGE ~3 EAST. WHEREAS, the City of Delray Beach, Florida, is the owner of a parcel of property which is a portion of the Northwest one-quarter (NW~) of Section 8, Township && South, Range ~3 East, Delray Beach, Palm Beach County, Florida, being more particularly described as follows: COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION THENCE S.00°~3~21~E., ON AN iASSUMED BEARING, ALONG THE WEST LINE OF SAID SECTION 8, A DISTANCE OF 1361.61 FEET; THENCE S.89°Z~8~5~E., A DISTANCE OF 250.39 FEET TO THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE CONTINUE S.89°~8~&5"E., A DISTANCE OF 757.65 FEET TO A POINT LYING ON THE WESTERLY RIGHT-OF-WAY LINE OF THE SEABOARD COAST LINE RAILWAY; THENCE S.18°22~00~W., ALONG SAID WESTERLY RIGHT-OF-WAY LINE, A DISTANCE OF 378.27 FEET; THENCE N.89°Z~8~z~St~W., A DISTANCE OF 662.71 FEET TO A POINT ON THE ARC OF A CIRCULAR NON-TANGENT CURVE TO THE LEFT WHOSE RADIUS BEARS N.g3036~IS'W., THENCE, NORTHERLY, ALONG THE ARC OF SAID CURVE, HAVING A RADIUS OF z~072.80 FEET, A CENTRAL ANGLE OF 05°0~0z~~, A DISTANCE OF 360.2~ FEET TO THE POINT OF BEGINNING. SAID LANDS SITUATE, LYING AND BEING IN PALM BEACH COUNTY, FLORIDA AND CONTAINING 5.838 ACRES, MORE OR LESS; and, WHEREAS, Shell Oil Corporation is the owner of a parcel of property which is a portion of the Northwest one-quarter (NW~) of Section 8, Township z~6 South, Range ¢3 East, Delray Beach, Palm Beach County, Florida, being more particularly described as follows: COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION THENCE 5.00°¢3~21"E., ON AN ASSUMED BEARING, ALONG THE WEST LINE OF SAID SECTION 8, A DISTANCE OF 90.00 FEET; THENCE S.89°¢8~¢5~E., ALONG A LINE PARALLEL WITH THE NORTH LINE OF SAID SECTION 8, A DISTANCE OF 53.00 FEET TO THE POINT OF BEGINNING OF THIS DE- SCRIPTION; THENCE CONTINUE S.89°¢8~z~SnE., A DISTANCE OF 200.00 FEET; THENCE S.00°¢3~21'~E., ALONG A LINE 200.00 PEET EAST OF (AS MEASURED AT RIGHT ANGLES TO) AND PARALLEL WITH THE EASTERLY RIGHT-OF-WAY LINE OF CONGRESS AVENUE, A DISTANCE OF 1125.$¢ FEET TO THE POINT OF CURVATURE OF A CIRCULAR CURVE TO THE RIGHTi THENCE SOUTHERLY AND WESTERLY, ALONG THE ARC OF SAID CURVE, HAVING A RADIUS OF ¢072.80 FEET AND A CENTRAL ANGLE OF 02°03~02~, A DISTANCE OF 1#5.76 FEET; THENCE N. Bg°~B~z~SnW., ALONG A NON-TANGENT LINE, A DISTANCE OF 200.01 FEET TO A POINT LYING ON THE ARC OF A CIRCULAR CURVE TO THE LEFT, AT WHICH THE RADIUS BEARS N.BB°36~¢7"W., SAID CURVE ALSO BEING THE EASTERLY RIGHT- OF-WAY OF SAID CONGRESS AVENUE; THENCE EASTERLY AND NORTHERLY, ALONG THE ARC OF SAID RIGHT-OF-WAY LINE, HAVING A RADIUS OF 3872.83 FEET AND A CENTRAL ANGLE OF 02°06~3¢", A DISTANCE OF 1¢2.§9 FEET TO THE POINT OF TANGENCY; THENCE N.00°~3~21~W., ALONG SAID RIGHT-OF-WAY LINE, A DISTANCE OF 1129.02 FEET TO THE POINT OF BEGINNING. SAID LANDS SITUATE, LYING AND BEING IN PALM BEACH COUNTY, FLORIDA AND CONTAINING 5.838 ACRES, MORE OR LESS; and, WHEREAS, the City Council of the City of Delray Beach has previously discussed and is of the opinion that it would be in the best interest of the City to exchange the above-referenced real property owned by the City for the above-referenced real property owned by the SheU Oil Corporation, upon the terms and conditions set forth in this Resolution. Such property to be exchanged on an equal basis with neither party paying any additional consideration. However, the City shall require Shell Oil Corporation to convey an easement deed to the City of Delray Beach simultaneously with this exchange of property. The easement shall grant the City the use of and access to the property as is necessary for the maintenance of existing water and sewer lines and facilities. Closing costs will be paid as follows: Documentary stamps or other transfer taxes to be paid one-half by each party. Survey costs and owners title insurance policy to be paid by the owner(s) of the property to be given in the exchange; and recording fees to be paid by each party respectively. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Council of the City of Delray Beach, Florida does hereby au: .~Lze the Mayor to execute a standard f~rm general warranty deed of the above-described real pro[~.-~-ty located in the City of Delray Beach according to the terms of the exchange set forth in this Reso :dtion. PASSED AND ADOPTED in special session on this the 19~ day of October ,195~. ATTEST: City ~'erk 2 Reso, No. 82-84