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R25-232 RESOLUTION NO. R25-232 1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON 2 BEACH, FLORIDA, APPROVING THE CONVEYANCE OF A CITY-OWNED 3 PARCEL, MEASURING 5' X 45', LOCATED AT THE SOUTHEAST CORNER 4 OF NE 1ST AVENUE AND NE 4TH STREET FROM THE CITY TO BB QOZ, 5 LLC; AND FOR ALL OTHER PURPOSES. 6 7 8 WHEREAS, during the plat approval process for the Pierce Project, a small parcel of city- () owned land was identified as necessary for the completion of the project's plat. This parcel, 10 measuring 5' x 45', is located at the southeast corner of NE 1st Avenue and NE 4th Street. It was l discovered that while the rest of the land was dedicated to the CRA, this specific sliver was 12 dedicated to the City of Boynton Beach; and 13 WHEREAS, on August 7, 2025, the City received a Letter of Intent (LOI) from Affiliated 14 Development, on behalf of BB QOZ, LLC, expressing interest in purchasing this land. The sale of 15 this property is crucial for BB QOZ, LLC to complete the plat for the Pierce Project; and 16 WHEREAS, according to Chapter 2, Article IV, Section 2-56(c) of the City of Boynton Beach 17 Code of Ordinances, the City Commission has the authority to sell city-owned property when it is 18 determined to be in the best interest of the City; and 19 WHEREAS, the property is not needed for City purposes and the City declares such 20 property to be a surplus and available for disposition; and 21 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the 22 best interests of the City's citizens and residents to approve the conveyance of a City-owned 23 parcel, measuring 5' x 45', located at the southeast corner of NE 1st Avenue and NE 4th Street 24 from the City to BB QOZ, LLC. 25 26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON 27 BEACH, FLORIDA, THAT: 28 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 29 being true and correct and are hereby made a specific part of this Resolution upon adoption. 30 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby 31 find and determine that the City-owned parcel, measuring 5' x 45', located at the southeast corner RESOLUTION NO. R25-232 32 of NE 1st Avenue and NE 4th Street, is not needed for City purposes and hereby declares such 33 property to be a surplus and available for disposition. 34 SECTION 3. The City Commission of the City of Boynton Beach, Florida, does hereby 35 approve the conveyance of a City-owned parcel, measuring 5' x 45', located at the southeast 36 corner of NE 1st Avenue and NE 4th Street from the City to BB QOZ LLC. 37 SECTION 4. The City Commission of the City of Boynton Beach, Florida, hereby 38 authorizes the Mayor to execute the LOI, Purchase and Sale Agreement, deed, and any ancillary 39 documents necessary to effectuate the conveyance of property, subject to approval by the City 40 Attorney's Office. 41 SECTION 5. This Resolution shall take effect in accordance with the law. 42 43 44 45 [SIGNATURES ON THE FOLLOWING PAGE] 46 RESOLUTION NO. R25-232 rLQ 47 PASSED AND ADOPTED this 0072 day of .. _,1)-.\-ember- 2025. 48 CITY OF BOYNTON BEACH, FLORIDA 49 YES NO 50 Mayor- Rebecca Shelton 'A�6er'SY' st 52 Vice Mayor-Woodrow L. Hay 53 f 54 Commissioner-Angela Cruz 55 56 Commissioner-Thomas Turkin 57 58 Commissioner-Aimee Kelley 59 9 60 VOTE -D 61 ATTES 62 i 63 �;� �� - ' i��i l—='-' .1'j ' 64 Maylee De : us, MPA, M. C Rebecca Shelton 65 City Cler ., �� Mayor 66 s3OYNTp N 67 %.O�c,ORP�RAIF•�..�`�I APPROVED AS TO FORM: 68 (Corporate Seal) f SEAL ....`1 $ 69INCORPORATED: i / 70 ••••• 1920 AzuMO ��/ 71 �'t t Shawna G. Lamb `‘ FLORID..s 72 `�.��� „ City Attorney L