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Fort Walton Beach Ordinance — 2042--100 Ready Avenue ‎(portion of)‎--Sale of Property — reading text

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READING DAFT; 1st p ,S 2nd ORDINANCE 2042 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 PARK, LLC, AND SOUTHEASTERN INDUSTRIAL HEREIN, TO 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 which encompassed approximately 1. 84 acres of land and advertised it for sale; WHEREAS, On October 13, 2020, City Council, based on recommendation from its consultant, adopted Ordinance No. 2039 to convey a portion of the Property in the amount of 50,600 to Southeastern Industrial Park, LLC; WHEREAS, Southeastern Industrial Park, LLC now requests to purchase the remaining portion of the Property, approximately 0.90 acres; Code Ordinances, Section City of Fort Walton Beach of WHEREAS, pursuant to 2.00.05, the City Council must convey any surplus real property via ordinance; and WHEREAS, the remainder of the Property will be transferred to Southeastern Industrial Park, LLC for the purchase price of $25, 000 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 0.90-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 NORTH 50.00 FEET OF THE SOUTH 150.00 FEET OF THE SOUTH HALF OF THE SOUTHEAST QUARTER LYING WEST SECTION OF WEST 8,RIGHT-OF-WAY TOWNSHIP 2 READY AVENUE ( 80' RIGHT- OF- WAY), OF RANGE 24 WEST, OKALOOSA COUNTY, FLORIDA. SOUTH, 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: ) 0Vernbpr 111 oZ0o2D chard A. Rynearson, a • -- Approved for form, 1- ,• sufficie/ y Attest: mss ayw d Dykes, r., tta ey Kim . Barnes, City Clerk w Boa Lroti 4 7 114-11 1 r NORTHWEST FLORIDA Clerk, Kim M. Barnes, ORDINANCE 2042 AN ORDINANCE OF at 850-833- 9509 oar Dail News nwfdailynews.com THE CITY COUNCIL OF THE CITY OF clerk@fwb. org to make FORT e- mail WALTON a request. For Hearing Impaired, dial BEACH, FLORIDA, Published Daily AUTHORIZING THE 1- 800- 955- 8771 ( TOD) DISPOSITION OF or 1- 800- 955- 8770 VOICE) or e- mail Fort Walton Beach, Florida REAL PROPERTY LO- ( CATED AT 100 clerk@fwb. org. Distributed in Okaloosa, Santa Rosa& Walton READY AVENUE NW, 11/ 6/ 2020 DESCRIBED HEREIN, 11/ 0023DN Counties TO SOUTHEASTERN INDUSTRIAL PARK, LLC, AND AUTHRIZ- STATE OF FLORIDA ING AND DIRECTING CLOSURE BY THE COUNTY OF OKALOOSA MAYOR, CITY MAN- AGER, CITY ATTOR- NEY, AND CITY Before the undersigned authorized personally appeared Ashley CLERK; AND PROVID- ING AN EFFECTIVE Davis, who on oath says that she is an employee of Gatehouse Media Group, owner of the Northwest Florida Daily News, a a result of the 19 ,publicehealth at Fort Walton Beach, in Okaloosa dailyCOnewspaper publishedemergency, the City of Fort Walton Beach has County, Florida; that the attached copy of advertisement, being made modifications to a the process in which public s are Legal# 00110023 connductdeunitilgthe de- clared health emer- gency has passed. The NOTICE OF PUBLIC HEARING public may view the live at meeting 11/ 0023DN WAL- www.fwb. org/ live or at- CITY OF FORT tend the meeting in in the matter of TON BEACH, FLOR- person. The Council

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