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R23-072 1 RESOLUTION NO. R23-072 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, 4 FLORIDA, APPROVING AND AUTHORIZING THE MAYOR TO 5 SIGN A WAIVER OF RIGHT OF FIRST REFUSAL FOR THE 6 HOUSE BELONGING TO LATOYA MCCORMICK LOCATED AT 7 220 NE 11TH AVENUE, BOYNTON BEACH, FLORIDA 33435; 8 AND PROVIDING AN EFFECTIVE DATE. 9 10 WHEREAS, the house belonging to Latoya McCormick Located at 220 NE 11th 11 Avenue, Boynton Beach, Florida 33435 was purchase with the assistance of the State Housing 12 Initiatives Partnership (SHIP) Program; and 13 WHEREAS, the amount of $16,500.00 of the SHIP Program was secured by a thirty' 14 (30) year interest-free deferred loan (second mortgage and promissory note), as well as an 15 Agreement for Right of First Refusal; and 16 WHEREAS, the City has no interest in purchasing the house; therefore, the City has 17 been requested to waive the Right of First Refusal so the property can be sold; and 18 WHEREAS, any funds that the City receives as a result of the sale would be deposited 19 into the SHIP fund and used for future housing related projects/programs; and 20 WHEREAS, the City Commission of the City of Boynton Beach, Florida, upon the 21 recommendation of staff, deems it to be in the best interests of the City residents to approve 22 and authorize the Mayor to sign a Waiver of Right of First Refusal for the house belonging to 23 Latoya McCormick Located at 220 NE 11th Avenue, Boynton Beach, Florida 33435. 24 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF 25 BOYNTON BEACH, FLORIDA, THAT: 26 Section 1. The foregoing "WHEREAS" clauses are true and correct and hereby 27 ratified and confirmed by the City Commission 28 Section 2. That the City Commission of the City of Boynton Beach does hereby 29 approve and authorize the Mayor to sign a Waiver of Right of First Refusal for the house 30 belonging to Latoya McCormick Located at 220 NE 11th Avenue, Boynton Beach, Florida 31 33435. S:\CA\RESO\Waiver Of Right Of First Refusal(Mccormick SHIP LOAN)-Reso.Docx 1 32 33 Section 3. That this Resolution will become effective immediately upon passage. 34 PASSED AND ADOPTED this 6th day of June, 2023. 35 36 CITY OF BOYNTON BEACH, FLORIDA 37 38 YES NO 39 V 40 Mayor—Ty Penserga 41 ✓ 42 Vice Mayor—Thomas Turkin 43 44 Commissioner—Angela Cruz / 45 46 Commissioner—Woodrow L. Hay 47 48 Commissioner—Aimee Kelley 49 50 VOTE c—0 51 52 53 A 54 / 1 55 ,.•iI .111% S. i 56 Maylee Ile_I us, MPA, MM• Ty '-n 3:a 57 City Cle May / 58 59 gOYNTT ``� APPRoV D AS FO r 660 (Corporate Seal) ,,,,,,...„F.•*06/g7 6'I t�Ii 62 ; �;' SEAL :='s 63 ifINCORPORATED; i Michael D. Cirullo,Jr. 64 4I� •1920 City Attorney 65 �t1\\\FCORION - S:\CA\RESO\Waiver Of Right Of First Refusal(Mccormick SHIP LOAN)-Reso.Docx 2 Prepared by and return to: Michael D.Cirullo,Jr., 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 on any sale or • resale or transfer of the real property located at 220 NE 11' Avenue, Boynton Beach, FL 33435, hereby acknowledges that it has been offered the following described land pursuant to its right of first refusal, on the following basic terms, and the CITY hereby waives its right to exercise such right of first refusal on the following described transaction. SELLER: Latoya McCormick OFFEROR/BUYER: Bride of Christ Tabernacle,Inc. DATE OF CONTRACT: April 14, 2023. PROPERTY DESCRIPTION: Lot 6, Block 3, M E E K S AND ANDREWS ADDITION TO BOYNTON BEACH, as recorded in Plat Book 5 Page 84, of the Public Records of Palm Beach County, Florida. PURCHASE PRICE: $365,000.00 0 CITY OF BOYNTON BEACH, FLORIDA Witness 1'IRpNT04 `‘,/J4jc al D Gr✓ !0 O GpRPORATF•.�F%�, BY: e (Print Name) i cs:• SEAL %.`-=' Ty , ga,`i. ayor i ;INCORPORATED; , ,�,� J % 1920 / / i 11/111 +�� '•••.... •••' ATTEST: `,tx FLORIOP. I(Print Name) ,r#( (`. +01 fil Maylee D: -sus, MMC, ity Clerk STATE OF FLORIDA ) ) ss: COUNTY OF PALM BEACH ) BEFORE ME, the undersigned authority, personally appeared, by means of • physical presence or • online notarization,Ty Penserga,Mayor,as authorized representative of the City of Boynton Beach, Florida, who is • personally known to me or • has produced as identification and who did (did not) take an oath, and he acknowledged to and before me that he executed the foregoing instrument for the purposes therein expressed, pursuant to due authority. WITNESS, my hand and official seal this I day of June, 2023. 01`O ""RY ''yCy�. NOTARY PU: C s#''���Zp \ My Commission Expires: i MY OPANSS1oN EXPIRES 34512027 = VI, g,� a:t .;9�OF FtaR`�''�p`�