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Fort Walton Beach Ordinance — 2039--100 Ready Avenue--Sale of Property — reading text

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READING 1)* 1st CES' 2nd u ORDINANCE 2039 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA, AUTHORIZING THE DISPOSITION OF REAL PROPERTY LOCATED AT 100 READY AVENUE NW, DESCRIBED HEREIN, TO SOUTHEASTERN INDUSTRIAL PARK, LLC, AND AUTHORIZING AND DIRECTING CLOSURE BY THE MAYOR, CITY MANAGER, CITY ATTORNEY, AND CITY CLERK; AND PROVIDING AN EFFECTIVE DATE NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA AS FOLLOWS: WHEREAS, the City Council previously deemed 100 ready Avenue NW (" Property") as surplus property and advertised it for sale; WHEREAS, On August 11, 2020, City Council, based on recommendation from its consultant, approved the terms of a sales contract to convey the Property in the amount of 50, 600 to Southeastern Industrial Park, LLC; WHEREAS, pursuant to City of Fort Walton Beach Code of Ordinances, Section 2. 00. 05, the City Council must convey any surplus real property via ordinance; and WHEREAS, the Property will be transferred to Southeastern Industrial Park, LLC for the purchase price of$ 50, 600 upon adoption of the Ordinance transferring the property on second reading and closing and recording of the deed. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: SECTION 1. AUTHORITY& INTENT. The authority for enactment of this ordinance is contained in Section 2.00.05 of the Code of Ordinances. The City intends to transfer City-owned property located at 100 Ready Avenue NW to Southeastern Industrial Park, LLC. The City has no future need for the property and has obtained an independent fair-market appraisal. The property is an approximately 1. 84-acre parcel located at 100 Ready Avenue NW and has Parcel ID No. 08- 2S- 24-0000- 0002- 0000. SECTION 2. PROPERTY DESCRIPTION. The property located at 100 Ready Avenue NW to be transferred consists of the following parcel: The South 100 feet of the South Half of the Southeast Quarter lying West of West right- of-way of Ready Avenue ( 80' right-of-way), Section 8, Township 2 South, Range 24 West, Okaloosa County, Florida. SECTION 3. DISPOSITION OF CITY-OWNED PROPERTY The disposition of the City- owned property at 100 Ready Avenue NW will occur via execution by both parties of a Sales Contract and recording of a Special Warranty Deed as attached( Exhibit A). SECTION 4. FINDINGS. The City Council of Fort Walton Beach finds that the contract award is made based upon consideration of best price and utilization of the property and development for uses benefiting the City and its citizens. SECTION 5. EFFECTIVE DATE This Ordinance shall take effect immediately upon approval on second reading by City Council and signature of the Mayor. Adopted: 06,bir 13 ta-° o ... 7) j A4i. Richard A. Rynearson, ayor Attest: Approved for form, legal . i 1' 2'7 C Aivw4. J l s/,, AP/. 4 ivt/ Tykes, Jr., C i t. t '* Ai Ki . Barnes, City Clerk Faa- w, ywar. T • o 04, Vii, 484$ FLoRrol. NORTHWEST FLORIDA DailvNews nwfdailynews.com Published Daily 9/ 3022DN -_, Fort Walton Beach, Florida CRY OF FORT wAL-` TON BEACH, FLOR- Distributed in Okaloosa, Santa Rosa& Walton IDA NOTICE OF PUBLIC Counties HEARING STATE OF FLORIDA A PUBLIC HEARING COUNTY OF OKALOOSA will w 114 held on the inF lowing Ordinances at 00 m. on Tuesday. Before the undersigned authorized personally appeared Toni OctOctober 13, 2020 in Chamber CLE, AND CITY the Brown, who on oath says that she is an employee of Gatehouse Wanton Beach CLERK; AND PROVO- Yat Fort ortCoWat INC AN EFFECTIVE 107 Miracle Media Group, owner of the Northwest Florida Daily News, a City Hall. DATE SW. at to the public: however. Strip Parkway I daily newspaper published at Fort Walton Beach, in Okaloosa which time the City social distancing will ORDINANCE 2040 w limit me number of County, Florida; that the attached copy of advertisement, being a Counad hair adoption clalaw. into people permitted Inside The ordinances may be AN ORDINANCE OF CITY COUNCIL i the Council Chambers THE inspected online at at one time. Public PUBLIC NOTICE www, iwe. orq or at the OF THE CITY OF Comments will be FORT WALTON Office o1 the City Clerk heard In the Council BEACH, FLORIDA, regular business Chambers front those during AUTHORIZING THE the matter of hours. All interested choosing o attend the choosin

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