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R02-107 RESOLUTION R 02- lO"/ A RESOLUTION OF TIlE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE A SPECIAL WARRANTY'DEED CONVEYING PROPERTY TO HABiTAT FOR HUMANITY, _~N-D PROVIDING AN EFFECTIVE DATE. WttEREAS, Habitat for Humanity has qualified an applicant to build a single-family home located on this property, which dwelling will bc added to a neighborhood located within the City's redevelopment target area; and WtIEREAS, the construction of single-family housing i2 existing subdivisions throughout the City is encouraged for the purpose of community revitalization and increased taxable value; and V~tEREAS, the City Commission of thc City of Boynton Beach. based upon ttaff recommendation, finds it to be in the best interests of the community and its residents to convey the below-described property to HABITAT FOR HUMANITY, for the purpose of constructing a single family home. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Flor/da does hereby authorize and direct the Mayor and City Clerk to execute a Special Warranty Deed conveying certain property, more particularly described herein. A :opy of the Special Warranty Deeds are attached hereto and made a part hereof. Section2. This Resolution will become effective immediately upon passage. S:\CA\RESO\Real Estate\Habitat Resolution 062202.doc PASSED AND Al)OPTED ~is ~:~ day of July, 2002. ~i~Clerk :\CA\RESO\Real Estate\Habitat Resolution 062202.doc I1 11111 111111 11 1 1111111111 THIS INSTRUMENT WAS ~PREPARED BY:- JAMES A. CHEROF, ESQUIRE P.O. Box 310 .,~ - 'BoYnt~n Beach, FL 33425 THIS INDENTURE, made this 07/12/2002 ,1~:37:34 20020354788 OR '~K 1:3904 pG 0160 Palm Beach County, Florida SPEC~ W~NTY DEED ~ ~? ~ ~ day of ]uly~ 2002~ bc~ccn TH~ CITY 0~ ~: BOYNTON BEACH, FLORIDA, a municipal corporation, (hereinafter referred to as "Grantor") and.HABITAT FOR HUMANITY, a, 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 172, Block A, BOYNTON HILLS, as recorded in Plat Book 4, Page 51, 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 GRANTOR. S: \CA\Departments\Community Redev\Habitat for Humanity Deed 062202.doc Page 1 BO0~ i3904 PP~ 0161 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: Signat{tre CITY OF BOTT~N BEACH b Y~e~yo r~ ~z///~~-~ (T'yp4 o[' prim name) Signature (Type or prim name) STATE OF FLORIDA ) ) SS.: COUNTY OF PALM BEACH ) The foregoing instrument was acknowledged before me this ~'h day of July, 2002 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: ~;~ ~PiR~: Febma~ 24, ~ NOTARY PUBLIC oo 5 l,j c o t. t. i td ._q (Type or print name) S: \CA\Departments\Community Redev\Habitat for Humanity Deed 062202 .doc Page 2