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HomeMy WebLinkAboutR26-133 RESOLUTION NO. R26-133 1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON 2 BEACH, FLORIDA, APPROVING THE WAIVER OF RIGHT OF FIRST 3 REFUSAL FOR THE PROPERTY LOCATED AT 1295 N. RAILROAD 4 AVENUE, BOYNTON BEACH, FL 33435, OWNED BY LACRETIA BIVINS; 5 AND FOR ALL OTHER PURPOSES. 6 7 WHEREAS, the property is located at 1295 N. Railroad Avenue, Boynton Beach, FL 33435, 8 is owned by Lacretia Bivins, and was purchased with assistance from the State Housing Initiatives 9 Partnership (SHIP) Program. $24,700.00 of the SHIP Program was secured by a thirty (30) year 10 interest-free deferred loan (third mortgage and promissory note), and an Agreement for Right of 11 First Refusal. This deferred payment loan was issued on June 29, 2010,; and 12 WHEREAS,the City has no interest in purchasing the property;therefore,the City has been 13 requested to waive the Right of First Refusal so the property can be sold; and 14 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the 15 best interests of the City's citizens and residents to approve the Waiver of Right of First Refusal 16 for the property located at 1295 N. Railroad Avenue, Boynton Beach, FL 33435, owned by Lacretia 17 Bivins. 18 19 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON 20 BEACH, FLORIDA, THAT: 21 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 22 being true and correct and are hereby made a specific part of this Resolution upon adoption. 23 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby 24 approve a Waiver of Right of First Refusal for the property located at 1295 N. Railroad Avenue, 25 Boynton Beach, FL 33435, owned by Lacretia Bivins (the "Waiver"), in form and substance similar 26 to that attached as Exhibit A. 27 SECTION 3. The City Commission of the City of Boynton Beach, Florida, hereby 28 authorizes the Mayor to execute the Waiver. The Mayor is further authorized to execute any 29 ancillary documents necessary to accomplish the purposes of this Resolution. 30 SECTION 4. Upon execution of the Waiver by the City, the City Clerk shall provide the 31 Waiver to RJ Ramirez to forward to the Title Company. RESOLUTION NO. R26-133 32 SECTION 5. This Resolution shall take effect in accordance with the law. 33 [SIGNATURES ON THE FOLLOWING PAGE] 34 RESOLUTION NO. R26-133 35 PASSED AND ADOPTED this n day of �c,� c.. g �- 2026. 36 CITY OF BOYNTON BEACH, FLORIDA 37 YES NO 38 Mayor- Rebecca Shelton �L 39 40 Vice-Mayor-Thomas Turkin 0.-b 41 42 Commissioner-Angela Cruz 43 44 Commissioner- Mack McCray 45 46 Commissioner-Aimee Kelley 47 48 VOTE 'd 49 ATTEST: 50 34//- 51 .#_ d4.# , 00-t.J CIt.�- 52 Tammy Stanzi-�ne, CMC � Rebecca Shelton 53 City Clerk Mayor 54 55 _="gOYNTQ"%�� APPROVED AS TO FORM: 56 (Corporate Se.;�:�oPLiRaT•.•6c70, 57 i ' � � SEAL ��� ) U• '_ G�Gl/a dm. 58 : INCORPORATED: 59 .41 1 920 ; Shawna G. Lamb 60 I'� City Attorney ����ECORIDI\ This instrument prepared by: Ian Gregorchik,Office of the City Attorney City of Boynton Beach, Post Office Box 310 Boynton Beach, Florida 33425-0310 Return to: City Attorney City of Boynton Beach Post Office Box 310 Boynton Beach, Florida 33425-0310 WAIVER OF RIGHT OF FIRST REFUSAL The CITY OF BOYNTON BEACH, FLORIDA (the "CITY"), a Florida municipal corporation, being the owner, holder,and beneficiary of a right of first refusal recorded in Official Records Book 23930, Page 288, of the Public Records of Palm Beach County, Florida, on any sale or resale or transfer of the real property located at 1295 N. Railroad Avenue, Boynton Beach, FL 33435, hereby acknowledges that it has been offered the following described land pursuant to its right of first refusal, and the CITY hereby waives its right to exercise such right of first refusal to purchase the property for the following described transaction: Owner: Lacrecia Bivins Recipient: The property is being sold to Open Property Trust I (buyer),for the sum of$358,600.00. PROPERTY DESCRIPTION: Lot 2, Block 10, Happy Home Heights, according to the Plat thereof, as recorded in Plat Book 11, Page 30, of the Public Records of Palm Beach County, Florida. Together with: The West 15.0 feet of that portion of the 65.0 foot right-of-way for Dixie Highway (now Railroad Avenue) lying East of and adjacent to Lot 2, Block 10,Happy Home Heights,according to the plat thereof as recorded in Plat Book 11, Page 30, Public Records of Palm Beach County, Florida, bounded as follows: on the North by the Easterly extension of the North line of said Lot 2 and on the South by the Easterly extension of the South line of said Lot 2. If the above referenced transaction does not close,then the City's right of first refusal shall be reinstated and shall be fully applicable to any successive transactions. [SIGNATURE PAGE FOLLOWS] CITY OF BOYNT���:EACH, FLORIDA Approved as to form by By: Offi of the Cityr��/f'Jy Rebecca Shelton, Mayor 'o(Nro ATTEST: j CLQ— �'�g • .... N�1 11 Tammy Stanzion , City Clerk O:C,pE�PORgT4'•••• 11 _I_: SEAL .=11 t U• I STATE OF FLORIDA ) �� INCORPORATED; ss: 111 • 1920 •/ 0. 11 COUNTY OF PALM BEACH ) w� % FLORVOP.' `l‘' . .,- The foregoing instru ent was acknowledged before me by means of�ysical presence or ❑ online notarization, this 5day of & S+ , 2026 , by Rebecca Shelton, as Mayor and authorized representative of the City of Boynton Beach, Florida,who issonally known to me or who has ❑ produced as identification. ���" Q�,1�1.11 CO NOTA Y PUBLIC ,.,Yp„., KEYSIERA DELORME o'j.�*:Notary Public-State of Florida �� _ Commission#HH 320719 rinteNae: �?' !lr" My Commission Expires A 'dc e(m( done ''/, °;;