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87-WRESOLUTION 87-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE ON BEHALF OF THE CITY A CERTAIN LAND SWAP AGREEMENT DEALING WITH THE TRANSFER OF TITLE TO REAL PROPERTY BETWEEN QUANTUM ASSOCIATES, THE CITY OF BOYNTONBEACH AND THE FRATERNAL ORDER OF POLICE, A COPY OF SAID LAND SWAP AGREEMENT BEING ATTACHED HERETO AS EXHIBIT 1; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA THAT: SECTION 1: The Mayor is hereby authorized and directed to execute and enter into on behalf of the City that certain Land Swap Agreement dealing with the transfer of title to real property between QUANTUM ASSOCIATES, THE CITY OF BOYNTON BEACH AND THE FRATERNAL ORDER OF POLICE, a copy of which is attached hereto as Exhibit 1. SECTION 2: This Resolution shall take effect immediately upon passage. PASSED ANDADOPTEDTHIS ~DAY OF APRIL, 1987. ATTEST: City ~/~' (Corporate Seal) CITY OF BOYNTON BEACH, FLORIDA Commissioner d~m~is s idner,,~ 040287-14 ltl 6P LAND SWAP AGREEMENT THIS AGREEMENT is entered into this day of April, 1987, by and between Quantum Associates, a Florida general partnership (hereinafter "Quantum"), the City of Boynton Beach, a Municipal CorporatiOn (hereinafter the "City")~, and The Fraternal Order of Police, a (hereinafter the "~OP"). WHEREAS, the City owns that certain 13.04 acre (+) parcel of land (hereinafter "PCD Property") in the City of Bo~nton Beach, Palm Beach County, Florida, more particularly described as follows: The East 1/2 of the NW 1/4 of the SW 1/4 of Section 16, Township 45 South, Range 43 East, less the Right-of-Way for Seaboard Coast Line Railway, and less .I-95 Road Right-of-Way. (as more particularly shown in that certain survey prepared by Rafael Saladrigas, F.R.S. & Associates, dated March 5, 1985 (Job No. 86-S-002), annexed hereto as Exhibit "A"); and, WHEREA~, Quantum owns that certain 15.1362 acre (+) parcel, of land (hereinafter "Park Pr'operty-l") and that certai~ 1.00 acre (~) parcel of land (hereinafter "Park Property-2,) both in the City of Boynton Beach, Palm Beach County, Florida, collectively referred to as "Park Property," more particularly desCribed as follows: Parcel 92 in that certain survey prepared by Rafael Saladrigas, F.R.S. & Associates, Drawing N~ber D-77-S-86 (Job Bo. ~6-S-27). annexed hereto as Exhibit "B", excepting and excluding therefrom the 3.8 acre (+) wetland shown on ........ said survey; and, WHEREAS, the parties hereto desire to exchange the above-referenCed parcels in accordance with the terms of this Agreement, in such manner that Quantum owns the fee simple title to the PCD Property, the City owns the fee simple title to Park Property-1, and the FoP owns the fee simple title to Park Property-2; and, WHERE,, this Agreement is in accordance with Condition 43 of Ordinance $4-51 (as amended) adopted by the City on December 18 1984. , NOW ~EREFORE, for good and valuable considerations, received by each Party from the other, it is hereby agreed as follows: I. Quantum's Obligations. Quantum shall be obligated in the following"manner: A. Quantum shall pay the FOP $175,000.00 in U.S. Dollars, which money will be used by the FOP for purposes of (i) renting a temporary clubhouse while the clubhouse to be constructed on Park Property-2 is being designed and constructed, (ii) paying attorneys' fees and accountants' fees incurred in connection with this Agreement, and (iii) designing and constructing a clubhouse on Park Property-2 (however, in the event 'that there are any funds remaining after the construction of said clubhouse, the excess funds may be used in the manner deemed appropriate by the FOP). Such payment to the FOP shall be made to the FOP in installments, on an as needed basis for the purposes set forth in the preceding sentence. The FOP shall present a written request (by certified mail, return receipt requested), signed by the President and Secretary of the FOP, to Quantum when an installment payment is needed. Quantum shall pay the requested installment within 30 days after receipt of the written request from the FOP. This payment of 9175,000.00 represents all of- Quantum's obligations to and regarding the FOP, except as specified in this Agreement. B. Within 24 months after the Date of Closing (defined below) the Park Property shall be filled to ~n elevation of 12.0 feet above mean sea level, with the trees and vegetation being ~..eliminated therefrom in accordance with the grading plan for the Park' Property currently on file w~th the City's Planning Department. - C. Within 24 months after the Date of Closing, the Park Property shall be in a condition that is suitable for the construction of playing fields and up to two (2) concession buildings, in accordance with the subsurface exploration and geotechnical engineering evaluation (dated September 18, 1986) prepared by Soil and Material Engineers, Inc. currently on file with the City's Planning Department. D. Within 24 months after the Date of Closing, Quantum shall provide~_~the stormC drainage outfa~I required for the Park Property, with the City being responsible for all filtrat-ion and water quality retention. E. -Within 24 months after the Date-of Clo~ing, QuantUm shall provide-Utilities to the property line of the Park Property in accordance-with the construction plans approved by the City as a part of the City's platting process with respect to Quantum Park at Boynton Beach, PID. F~ Within 24 months after the Date of ClOsing, public access to the Park Property shall be provided in accordance with the easements dedicated to the Public in the preliminary plats apProved by the-City as a part of ~he C~ty's platting ~process with respect to Quantum Park at Boynton Beach, PID. G. Quantum's obligations h'erein shall survive Closing (for purpo~ses of~this Agreement "Closing" shall mean the exchange of deeds described in Paragraph V below). II. City's and FOP's Obligations. be obligated in the following manner- The City and the FOP shall A. .'As- of the Date of Closing the City represents and ~warrants that the PCD Property shall be- a. zoned PCD (Planned Commercial District Development), under the City's Zoning Code, allowing for 287,750 sq. ft. of office use; b. classified City's Comprehensive Plan; as ~Office-Commercial under the c. platted in accordance with the preliminary Plat of P.C.D. Center approved by (and on file with) the City as a part of the City's platting process. B. The City and the FOP, in their respective use of the Park Property, as well as all other persons using the Park Property, shall abide by the terms of the Development Order (as amended) issued by the City for Quantum Park at Boynton Beach.- C. The Park~ Property shall be used in perpetuity for public park purposes, except that Park Property-2 may also be used by the Fraternal Order of Police as a clubhouse for its members. Ur NO building or buildings shall be constructed, installed, or substantially altered on or upon the Park Property without Quantum's prior written approval of the architectural -2- ll16P ~plans and drawings for such building(s). Quantum shall act reasonably and in good faith with respect -to such approval, and shall base its decision to approve or disapprove on the scheme of development in the Planned .Industrial Development known as Quantum Park at Boynton Beach. E. In developing the Park Property, the City shall cooperate with Quantum for purposes of maximizing the Public's beneficial use of t'he Boardwalks to be constructed by Quantum within the Sand Pine Scrub Preserve area adjacent to the Park Property. F. The City's and FOP's obligations herein shall survive Closing (the term "Closing" being defined in Paragraph IG. above). III. Condition Precedent. As of the Date of Closing the PCD Property shall be free and clear of the reverter clause contained in that certain County Deed recorded in Official R~cords Book 644, Page 47; in the event that such reverter clause has not been properly released by Palm Beach County as of the Date of Closing,' this Agreement shall be null and void, and the Parties shall have no further obligations hereunder. Quantum and the City shall use their best good faith efforts to achieve the release of said reverter clause by Palm Beach County. It ~s understood by the City that a reverter clause limiting the use of Park Property-t to public park purposes will be contained in the Deed from Palm Beach County conveying Park Property-i to the City. IV. Additional Park Prope~tyT1. Palm Beach County currently owns a right-of-way for Miner Road pursuant to that certain Right-of-Way Deed recorded in Official Records Book 4594, Page 1451,' in the-Public Records of Palm Beach County. Quantum is currently negotiating with Palm Beach_£ounty and High Ridge Country Club, Inc. for the purpose of realligning this Miner Road right-of-way Through the proposed reallignment of the Miner Road right-of-wa~, Quantum is seeking to obtain fee simple title to a portion of said right-of-way pursuant to a land exchange involving Palm Beach County, Quantum and High Ridge Country Club, Inc. The property that Quantum is seeking to obtain fee simple title to pursuant to the land exchange referred to in this Paragraph IV shall be referred to as the "additional property." If Quantum- obtains fee simple title to the additional property prior to the Date of Closing hereunder, then that part of the additional property that abuts' the north boundary of the 'Park Property shall be included in this Agreement as a part of Park Property-I in the same manner as if said property had been a part of Park Property-1 on the date that this Agreement was entered into. Quantum makes no representa.tions as to its ability to obtain the fee simple title to the additional property, and this Agreement is not contingent on its acquisition of such fee simple title. It is underStood that, in the event that Quantum does obtain the fee simple title to the additional property, the property %o be included as a part of Park Property-t is only that part of the additional property that abuts the north boundary of the Park Property. V. impact Fees. The City represents that no traffic impact fees will be imposed in connection with the development of the PCD Property. This representation shall survive Closing. VI. Closing. Closing shall take Place on , 1987 ("Date of Closing") at the law offices of Moyle, Flanigan, Katz, FitzGerald & Sheehan, P.A., 625 North Flagler Drive, West Palm Beach, Florida, or such other location mutually agreed to by -3- ll16P the Parties hereto. At the Closing the subject deeds shall be exchanged in the following manner: A. Quantum will convey Park Property-2 to the City by ~Statutory Warranty Deed, subject only to (i) those matters of Public Record as of the date of this Agreement', (ii) matters appearing on the preliminary plat (approved by the City) containing such property, and (iii) a reverter clause limiting the use of the property in perpetuity to Public Park and FOP clubhouse purposes. The City will then convey Park Property-2 to the FOP by Statutory Warranty Deed, subject only to (i) those matters of PUblic Record as of the date of this Agreement, (ii) matters appearing on the preliminary plat (approved by the City) containing such property, and (iii) a reverter clause limiting the use of the property in perpetuity to FOP clubhouse purposes. B. Quantum will convey Park Property-1 to Palm Beach County by Statutory Warranty Deed, subject only to those matters of Public Record as of the date of this Agreement, as well as matters appearing on the preliminary plat (approved by the City) containing such property. C. Palm Beach County will congey Park Property-1 to the City by County Deed. (in accordance with S125.411, Fla.~ Stats. [1985)), subject only to (i) those matters of Public Record as of the date of 'this Agreement, (ii) matters appearing on the preliminary plat ~approved by the City) containing such property, and .(iii) a regerter clause limiting the use of the property for public park purposes. D. The City will convey the PCD Property to Quantum by Statutory Warranty Deed, subject only to those matters of Public Record as -of the date of this Agreement (excluding the reverter clause referred to in Paragraph IIIA. above). ~ E.. Th~ FOP will quit-claim 'to Quantum (by Quit-Claim Deed) all of the FOP's right,~ title and interest in and to the PCD Property and any improvements, thereon. (including, but not limited to, its rights as a tenant). VII. Closing Costs and Documents/Taxes. Each Party shall bear its own closing costs and expenses, and shall, at Closing, 'deliver to the other Party a standard Mechanic's Lien Affidavit. In particular, the City shall pay all of the documentary stamp tax applicable to the transfer of title of the Park Property, and Quantum shall pay all documentary stamp tax applicable to the transfer of title of the PCD Property. VIII. License Agreement. At Closing, Quantum and the FOP shall enter into a License Agreement for the FOP's temporary use of the PCD Property, in the form as set forth in Exhibit "C" annexed hereto. IX. Attorney's Fees and Costs. ~In any litigation (including, but not limited to, trial and appellate proceedings) arising hereunder, the prevailing Party shall be entitled to recover reasonable attorney's fees and costs. ×. Recording. Neither this Agreement nor any notice thereof shall be recorded in any public records. XI. Default. Upon default by any Party, the non-defaulting Party or Parties shall be entitled to pursue any remedy available in law or equi~ty, including, but not limited to, specific performance. XII. Effective Date. This Agreement shall be effective as of the date when the last one of the Parties hereto has signed this -4- ll16P Agreement. If not signed by all Parties on or before April 14, 1987, this Agreement shall be null and void.' IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by the proper persons in the manner set forth below. WITNESSES: (1) QUANTUM ASSOCIATES; a Florida general partnership (2) By: Edward B. Deutsch,_~_as General Partner Dated: April , 1987 WITNESSES: (1) (2) CITY OF BOYNTON BEACH By :.. Dated: April , 1987 WITNESSES: (1) (2) FRATERNAL ORDER OF POLICE By: Dated: April 1987 EXHIBITS: "A" - Survey of PCD Property "B" - Survey of Park Property "C" - Form License Agreement -5- Il16P 052687-4 1577P EXHIBIT- "C" LICENSE AGREEMENT AGREEMENT made this day of , 1987, between QUANTUM ASSOCIATES, a Florida General Partnership, -herein called "Licensor," and THE FRATERNAL ORDER OF POLICE, a , herein called "Licensee." In consideration of the mutual promises herein contained, the parties agree as follows: SECTION 1 - GRANT OF LICENSE: DESCRIPTION OF PREMISES Licensor h~reby grants to Licensee, for the sum of One Dollar ($1.00) per month, a license to use~ subject to all of the terms and conditionS~h~reof-, that certain property (hereinafter "the Property") described in Exhibit "A," which Exhibit is attached hereto and made a-part hereof. SECTION 2 - LIMITATION TO DESCRIBED PURPOSE The Property_.~maY be used by Licensee solely for the purpose of using the existing improvement thereon as a 'clubhouse facility for the Licensee. SECTION 3 -'TERMINATION Either party may terminate this Agreement, at any time and for any reason, by giving thirty (30) days prior written notice to the other specifying the date of termination. SECTION 4 - CONDITIONS A. Licensee shall maintain the Property and any improvements thereon in the condition that same are in as of the date of thi~ A ~ greemenu. B. Licensee shall not make any improvements to the Property without the prior written consent of Licensor, which consent may be withheld arbitrarily and in the sole discretion of Licensor. C. Licensee shall and hereby does agree to indemnify and hold Licensor, its successors and assigns, harmless from and against all loss, costs and expenses whatsoever, including, but not limita~d to, attorney's fees, claims, suits and judgments, in connection with injury to or death of any person or persons or £ loss of or damage to property, caused by or. in any way connected with the Licensee's maintenance, use, and/or operation of the Property. D. Licensee shall, at its own hereof, maintain and deliver to expensel during the. term Licensor general liability insurance with respect to the Property, in which both the Licensor and Licensee shall be named as insured, with limits of One Million Dollars ($1,000,000) for any one accident. Such ~olicy or policies shall be in such form and with such insurance company as shall be reasonably satisfactory to Licensor, with provision for at least thirty (30) days' notice to Licensor of cancellation. E~ Licensee'shall not record this Agreement (or any~notice thereof) in any public records. F. Anything. in this. Agreement to the contrary notwiths%anding, in the event that Licensee fails to comply with any of the .above-listed conditions, Licensor shall have the right to immediately terminate this Agreement upon written notice to the Licensee 'Ah ' wl~ out giving the aforementioned 30-days prior notice. .... SECTION 5 - CONSENT REQUIRED FOR ASSIGNMENT OR SUBLICENSE No assignment of thi~ license or any interest herein and no sublicense for any purpose shall be made or granted by LiCensee without the prior written consent of Licensor, which consent may be ~arbitrarily withheld in the sole discretion of Licensor. SECTION 6 - DELIVERY OF NOTICES All notices given hereunder shall be in writing, and shall be hand delivered or mailed in the U.S. mail (certified, return receipt requested) ~ to the following ~ddresses: Licensor: c/o Steven W. Deutsch, Esquire 2455 East Sunrise Ave. International Bldg.., Suite 1106 Ft. Lauderdale, FL 33304 Licensee: c/o until another address is provided by proper notice hereunder. SECTION 7 - WRITTEN AGREEMENT AS ENTIRE UNDERSTANDING OF PARTIES -2- 1577P