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R06-182 II I 2 RESOLUTION NO. R06- 18.9,. 3 4 RESOLUTION OF THE CITY COMMISSION OF THE 5 CITY OF BOYNTON BEACH, FLORIDA INDICATING 6 THE CITY COMMISSION'S INTENT TO SUPPORT THE 7 MASTER DEVELOPER OF THE MLK CORRIDOR 8 REDEVELOPMENT PROJECT AND THE CITY'S INTENT 9 TO CONVEY CITY OWNED PROPERTY WITHIN THE 10 MLK CORRIDOR AREA CONTINGENT UPON II SUCCESSFUL NEGOTIATION OF A MASTER 12. DEVELOPMENT AGREEMENT; AND PROVIDING AND 13i EFFECTIVE DATE. 14 15 WHEREAS, the Community Redevelopment Agency Board is in the process of 16 designating a master developer to undertake redevelopment of the MLK Corridor subject to 17 successful negotiations of a Master Development Agreement between the CRA and the 18 master developer; and 19 20 WHEREAS, the City owns a number of parcels of land within the MLK Corridor 21 area which a master developer will need to acquire and control as part of a successful 22 redevelopment project; and 23 24 WHEREAS, the success of the Master Development Agreement is contingent on the 25 support of the City Of Boynton Beach and policy decisions to be made by the City 26 Commission regarding conveyance of property owned by the City of Boynton Beach within 27 the boundaries of the MLK Corridor; and, 28 29 WHEREAS, the City Commission intends to partICIpate in the MLK Corridor 30 project by supportive policy determinations and conveyance of property owned by the City 31 to the master developer selected by the CRA. 32 33 NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 34 THE CITY OF BOYNTON BEACH, FLORIDA, AS FOLLOWS: 35 36 Section 1. Each Whereas clause set forth above is true and correct and 37 incorporated herein by this reference. 38 39 Section 2. The City Commission of the City of Boynton Beach hereby expresses 40 its support for redevelopment of the MLK Corridor. The City Commission further expresses 41 its preliminary intent to convey the real property owned by the City listed on attached 42 Exhibit "A" to the master developer designated by the Community Redevelopment Agency 43 at a price to be negotiated and conditioned on the successful negotiation of a Master 44 Development Agreement, the terms and conditions of which must be approved by the City 45 Commission. 46 I I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 Section 3. This Resolution is effective immediately on adoption. PASSED AND ADOPTED this 17 day of OerOBER ,2006. ATTEST: 'tn. p~ CITY OF BOYNTON BEACH \ , .- _".--."=;;..~~",~~~~-:::::~:~:,~::.-~- .-',' Viceoi,,;~l Mc oy L__.__-., (72U'Z:Z_ Commissioner - Robert Ensler _/~ ~---// ~ missioner - Mack Mc h"!:l;l::~ 2 EXHIBIT "A2" Parcel Control Numbers 08-43-45-21-04-000-0202 08-43-45-21-10-005-01 00 08-43-45-21-10-005-0090 08-43-45-21-10-004-0130 08-43-45-21-25-001-0040 08-43-45-21-27 -001-0260 08-43-45-21-27-001-0090