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Res 19-68 636 RESOLUTION NO. 19-68. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, PROVIDING FOR EXCHANGE OF CITY OPA~ED LANDS FOR LANDS OWNED BY PALM BEACH COUNTY, FLORIDA. WHEREAS, the City of Delray Beach, a municipal corporation, is the owner of the following described lands, to-wit: The W 1/2 of the NW 1/4 of the SE 1/4 of the SE 1/4 of Section 18, Twp. 46 S., Rge. 43 E., less the North 50 ft. and West 25 ft. Rs/W; and The SW 1/4 of the SE 1/4 of the SE 1/4 of Section 18, Twp. 46 S., Rge. 43 E., less the W 25 ft. and S 25 ft. which lands, in the opinion of the City Council, are not needed for municipal purposes; and WHEREAS, PALM BEACH COUNTY, FLORIDA, is the owner of the follow- ing described lands, to-wit: The South 1/2 of the NE¼ of the SW¼ of the SW% of Section 8, Twp. 46 S., Rge. 43 E., less right-of-way of Lake Worth Drain- age District E-4 Canal, and subject to a drainage easement covering the North 50 ft and the East 50 ft. of said South 1/2 of the NE% of the SW% of the SW¼ of Sec. 8-46-43; also That part of the NW-,L,, of the SW~ of the SW¼ of Section 8, Twp. 46 S., Rge. 43 E., lying East of the right-of-way of Lake Worth Drainage District E-4 Canal and North of Lake Ida Road r ight-o f-way; also That part of the SE¼ of the SW% of the SW¼ of Section 8, Twp. 46 S., Rge. 43 E., lying North of said Lake Ida Road right- of-way, and subject to a drainage easement over the East 50 feet thereof; also That part of the East 187 feet of the SE¼ of the SW¼ of the SW¼ of said Section 8-46-43 lying South of the right-of-way of Lake Ida Road, subject to a drainage easement over the East 50 feet thereof and the South 50 feet of the West 110 feet of the East 160 feet thereof. which lands the City desires to acquire for municipal purposes; and WHEREAS, in the opinion of the City Council, it is for the best interests of the City that the lands above described owned by it be exchanged for the lands above described owned by Palm Beach County, Flor/da. WHEREAS, a notice setting forth the terms and conditions of the above described exchange of real property was published once a week for two weeks in the Delray Beach News-Journal as required by Section 7 (2) (b) (1) of the Charter of the City of Delray Beach, Florida; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: 1. That the above described parcels of land owned by the City of Delray Beach, not needed for City purposes, be exchanged for the property described above owned by Palm Beach County, Florida. The properties have been determ~, ~-~,~ ~ ~.. ~ ~.of equal value and therefore PASSED AND ADOPTED ~e~,~9~~ t~hig~13th day of May, 1968. ATT~g.,~:9 ~ i~ M A Y 0 R ~ JoJm B J)unkle ....