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R01-040RESOLUTION R01- A RESOLUTION OF THE 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 AS PART OF THE CITY'S INFILL CONSTRUCTION PROGRAM TO DEREK WILEY AND TRACY WILEY, HIS WIFE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Derek Wiley and Tracy Wiley, his Wife, have been approved for a mortgage as participants in the City of Boynton Beach Infill Construction Program; and WHEREAS, Derek Wiley and Tracy Wiley, his Wife have selected a city- owned lot in the Cherry Hills Subdivision and desire to build a single family home on said lot; and WHEREAS, the construction of single-family housing in existing subdivisions throughout the City is encouraged for the purpose of community revitalization and increased taxable value; and WHEREAS, the City Commission of the City of Boynton Beach, based upon staff recommendation, finds it to be in the best interests of the community and its residents to convey the below-described property to Derek Wiley and Tracy Wiley, his Wife, for the purpose of constructing a single family home. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF TItE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida does hereby authorize and direct the Mayor and City Clerk to execute a Special Warranty Deed conveying certain property in Cherry Hills Subdivision, to Derek Wiley and Tracy Wiley, his Wife, as part of the City's Infill Construction Program. A copy of the Special Warranty Deeds are attached hereto as Exhibit "A". Section2. This Resolution will become effective immediately upon passage. PASSED AND ADOPTED this ~ day of March, 2001. Commissioner TTEST: Ci~Clerk Commissioner THIS INSTRUMENT WAS PREPARED BY: JAMES A. CHEROF, ESQUIRE P.O. Box 310 Boynton Beach, FL 33425 SPECIAL WARRANTY DEED THIS INDENTURE, made this '~ day of March, 2001, between THE CITY OF BOYNTON BEACH, FLORIDA, a municipal corporation, (hereinafter referred to as "Grantor") and DEREK WILEY and TRACY WILEY, his Wife, whose address is Palm Beach County, Florida (hereinafter referred to as "Grantee"). WlTNESETH: 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 62, Less the West 10', Lot 63, and the West 20' of Lot 64, CHERRY HILLS, as recorded in Plat Book 4, Page 58 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 Iow 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 Pa~e 1 of this covenant, title shall revert to 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) /S'i~na~:(~'- 7/~--'- ' (Type o~ print name) CITY OEBOY~NTON BEACH rvfayor Approved as to Form:./. City Attorney STATE OF FLORIDA ) ) SS.: COUNTY OF PALM BEACH ) The foregoing instrument was acknowledged before me this day of -~m,o,,,~,~,, ,~,~,,~ 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 S dS' (Type or print name) Page 2