Res 1475-64 It~$OLUTIONNO. 1475.
RESOLUTION OF THE CITY COUN~IL OF THE
CITY OF DELRAY BEACH, FLORIDA, PERTAINING
TO THE CITY'S REFUSAL UNDER THE PROVISIONS
OF A ~Yl'I~ FROM THE GRIMES FOUNDATZONTHAT
BOl~ FIDE OFFER HAS BEEN RECEIVBD FOR THE
PURCtgISE OF THE 138.27 ACRES COMPRISIN~ THE
ORIGII~L 18-HOLEMUNICIPAL ~OLF COURSE.
WHEREAS, the City recently received a "Notice",
dated February 6, 1964, to the effect that The Grimes Foundation
has agreed to sell tract one (the 138.27 acres comDrising the
original 18-hole Mu~icipal Golf Course) with improvements to
R. W. M~}owell of Fort La~derda~e for the price of $300,000.
subject to the City's right of first refusal~ and
WHEREAS, the City has a period of thirty (30) days
in which to signify its intention to exercise said option; and
WHEREAS, the City Council deems it in the best in-
terest of the citizens of this community to refuse the offer
contained in the aforesaid notice, a copy of which is attached
hereto and made a part hereof;
NOW, TI~gREFORE, BE IT RESOLVED AS FO~LOWS:
Section 1. The offer contained in the above
scribed notice, be, and the same is hereby refused.
Section 2. This refusal applies to only this par-
ticular transaction, and nothing herein contained shall in any
way change or modify the covenants, conditions a~d restrictions
contained in that certain Deed from the City to The Grimes
Foundation, dated March 21, 1958, recorded in the Public Records
of Palm Beach County, Florida, in Official Re~ord Book 180, Page
582, wBich shall remain as covenants running with the land and
shall bind the successors and assigns in the same respect as the
original grantee.
Passed and adonted on this the 2nd day of March, 1964.
MAYOR
ATTEST:
City ~