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R02-093RESOLUTION NO. R02- O ~ ~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A SPECIAL VVARRANTY DEED BETVVEEN THE CITY OF BOYNTON BEACH AND KENNETH STEPHEN, AS A PARTICIPANT IN THE CITY'S INFILL CONSTRUCTION PROGRAM; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Kenneth Stephens has been approved for a mortgage as a participant in the City's Infill Construction Program, and has selected a City owned lot to build a single-family dwelling for his family to reside in Boynton Beach; and WHEREAS, a new single-family dwelling will be added to a neighborhood located within the City's target area; and WHEREAS, the Commission upon recommendation of staff, has deemed it to be in the best interests of the citizens and residents of the City to execute a Special Warranty Deed between the City of Boynton Beach and Kenneth Stephen conveying title for the lot described as follows: Lot 13, Block 9, AMENDED PLAT OF BOYNTON RIDGE, as recorded in Plat Book 24, Page 28 of the Public Records of Palm Beach County, Florida. NOW, THEREFORE, BE I'T RESOLVED BY THE CI'TY COMMISSION OF THE CITY OF BOYNTON BEACH, FLOR]:DA, THAT: Section. 1. The City Commission of the City of Boynton Beach, Florida does hereby authorize and direct the Mayor and City Clerk to grant conveyance by Special Warranty Deed to Kenneth Stephens. Section 3. This Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this 18 dayof3une, 2002. Com~.i. ssien,~ " Kenneth Stephen THIS INSTRUMENT WAS PREPARED BY: JAMES A. CHEROF, ESQUIRE P.O. Box 310 Boynton Beach, FL 33425 SPECIAL WARRANTY DEED THIS INDENTURE, made this 18 day of June, 2002, between THE CITY OF BOYNTON BEACH, FLORIDA, a mtmicipal corporation, (hereinafter referred to as "Grantor") and KENNETH L. STEPHEN, a single man, whose address is Palm Beach County, Florida (hereinafter referred to as "Grantee"). WITNESETH: That said Grantor, for and in consideration of the sum of TEN ($10.00) DOLLARS, and other good and valuable considerations to Grantor in hand paid by Grantee, the receipt whereof is hereby acknowledged, has granted, bargained and sold to the Grantee, and Grantee's heirs and assigns forever, the following described land, situate, lying and being in Palm Beach County, Florida, to wit: Lot 13, Block 9, AMENDED PLAT OF BOYNTON RIDGE, as recorded in Plat Book 24, Page 28 of the Public Records of Palm Beach County, Florida. Grantor does hereby warrant title to the land, and will defend the same against the lawful claims of all persons claiming by, through, or under the Grantor, but against none other. GRANTEE covenants that the real property conveyed by this instrument must be used to benefit low and moderate income persons and/or families, as those terms are defined by the U.S. Department of Housing and Urban Development and Palm Beach County, for a period of twenty (20) years from the date hereof. In the event of a breach of this covenant, title shall revert to S:~CA\Departments~Community Redev~Stephens Deed 060602.doc Page 1 GRANTOR. IN WITNESS WHEREOF, Grantor has caused this Deed to be executed by its duly authorized officer the day and year first above written. Signed, sealed and delivered in our presence: Witnesses: (Type or print name) Si~e / '(T~ ~ prin[fiame) 1Vl'ayor Approved as to Form: ~c-~City Attorney STATE OF FLORIDA ) ) SS,: COUNTY OF PALM BEACH ) The foregoing instrument was acknowledged before me this ~5c day of~_,',~98 by GERALD BROENING as Mayor of THE CITY OF BOYNTON BEACH, FLORIDA, a municipal corporation, on behalf of the corporation, who is personally known to me, and who did not take an oath. My Commission Expires: NOTARY PUBLIC (Type or print name) S:\CA\Departments~Community Redev~Stephens Deed 060602.doc Pa~e 2 ,,,: ,~,. ?}~ '.>. ~..~ THIS INSTRLqVIENT ~VAS.'PREPARED BY: JAMES A. CHEROF, ESQUIRE P.O. Box 310 Boynton Beach, FL 33425 llllilil i I!1 11111111 111 I!!11111 111 1111111 07/10/2002 15:02:39 20020349644 OR BK 13893 PG 1993 Palm Beach County, Florida SPECIAL WARRANTY DEED THIS INDENTURE, made this 1 8 day of June, 2002, between THE CITY OF BO ~YNT~ ~ON BEACH. FLORIDA, a municipal corp_.oration, ('hereinafter referred to as "Grantor") and KENNETH L. STEPHEN, a single man, whose address is Palm Beach County, Florida (hereinafter referred to as "Grantee"). WITNESETH: That said Grantor, for and in consideration of the sum of TEN ($10.00) DOLLARS, and other good and valuable considerations to Grantor in hand paid by Grantee, the receipt whereof is hereby acknowledged, has granted, bargained and sold to the Grantee, and Grantee's heirs and assigns forever, the following described land, situate, lying and.being in Palm Beach County, Florida, to wit: Lot 13, Block 9, AMENDED PLAT OF BOYNTON RIDGE, as recorded in Plat Book 24, Page 28 of the Public Records of Palm Beach County, Florida. Grantor does hereby warrant title to the land, and will defend the same against the lawful claims of all persons claiming by, through, or under the Grantor, but against none other. GRANTEE covenants that the real property conveyed by this instrument must be used to benefit low and moderate income persons and/or families, as those terms are defined by the U.S. Department of Housing and Urban Development and Palm Beach County, for a period of twenty (20) years from the date hereof. In the event of a breach of this covenant, title shall revert to S: \CA\Departments\Community Redev\Stephens Deed 060602. doc Page 1 13893 PAGE 1994 Dopothy H. Wilken, Clerk GRANTOR. iN WITNESS WHEREOF, Grantor has caused this Deed to be executed by its duly authorized officer the day and year first above written. Signed, sealed and delivered in our presence: Witnesses: Signatur[~ (Type or print name) Sign~ure -" - ' CITY OF/,BOYI'pTON ]3EACH~ by~~. ~° Approved as to Form: ~--~-tCity Attorney STATE OF FLORIDA ) ) SS.' COUNTY OF PALM BEACH ) The foregoing instrument was acknowledged before me this ~'~'day by GERALD BROENING as Mayor of THE CITY OF BOYNTON BEACH, FLORIDA, a municipal corporation, on behalf of the corporation, who is personally known to me, and who did not take an oath. My Commission Expires: .......... ::-.::.-- _ I! -'~' ~ ~,,~., ~m ~.~m NOTARY PUBLIC (Type or print n~e) S:\CA\Departments\Community Redev\Stephens Deed 060602.doc Page 2