R20-088 1 RESOLUTION R20-088
2
3 A RESOLUTION OF THE CITY OF BOYNTON BEACH,
4 FLORIDA, APPROVING AND AUTHORIZING THE CITY
5 MANAGER OR THE CITY MANAGER'S DESIGNEE TO
6 SIGN A SETTLEMENT AGREEMENT BETWEEN THE
7 CITY OF BOYNTON BEACH AND ECKOLS '76 LTD AND
8 ECKOLS '86 LTD; AND PROVIDING AN EFFECTIVE
9 DATE.
10
11 WHEREAS,the City of Boynton Beach is the Plaintiff in litigation seeking foreclosure of
12 a City lien on the property located at 1102 N. Federal Highway, Boynton Beach,Florida 33460
13 owned by Eckols '76 LTD and Eckols '86 LTD;and
14 WHEREAS, counsel for Defendant Eckols '76 LTD and Eckols '86 LTD has proposed a
15 settlement offer to the City of Boynton Beach to accept a quitclaim deed for the Subject Property
16 in exchange for releasing Eckols '76 LTD and Eckols '86 LTD and its registered agent,Norman
17 D. Olson from any or all liability for liens attached to the Subject Property; and
18 WHEREAS, acquisition of the property by the City will give the City control over
19 maintenance and use;and
20 WHEREAS,upon recommendation of staff, the City Commission has determined
21 that it is in the best interests of the residents of the City to approve the settlement offer and
22 authorize the City Manager or the City Manager's designee to sign the Settlement
23 Agreement conditioned upon the property being free and clear from all encumbrances as
24 determined by the City Attorney.
25 NOW,THEREFORE,BE IT RESOLVED BY THE CITY COMMISSION OF THE
26 CITY OF BOYNTON BEACH,FLORIDA,THAT:
27 Section 1. The foregoing"Whereas"clauses are hereby ratified and confirmed as being
28 true and correct and are hereby made a specific part of this Resolution upon adoption hereof.
S:\CA\RESO\Agreements'Approve Eckols Foreclosure Settlement-Reso.Docx
29 Section 2. The City Commission hereby approves the settlement offer and authorizes
30 the City Manager to sign a Settlement Agreement to accept a quitclaim deed for the Subject
31 Property in exchange for releasing Eckols '76 LTD and Eckols '86 LTD and its registered agent,
32 Norman D. Olson from any or all liability for liens attached to the Subject Property, a copy of
33 the Agreement is attached hereto as Exhibit"A".
34 Section 3. The approval is conditioned upon the property being free and clear from
35 all encumbrances as determined by the City Attorney.
36 Section 4. This Resolution shall become effective immediately upon passage.
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37 PASSED AND ADOPTED this day of August,2020.
38 CITY OF BOYNTON BEACH,FLORIDA
39
40 YESNO
41 Mayor—Steven Grant t
42
43 Vice Mayor—Ty Penserga
44
45 Commissioner—Justin Katz
46
47 Commissioner—Woodrow L. Hay ✓
48
49 Commissioner—Christina L. Romelus V
50
51
52 VOTE 5— 0
53 ATTEST:
54
55
56 /Jim
57 Cry 1 Gibson, MMC
58 City Clerk
59
60
61
62 (Corpo'a erSe))
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