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Fort Walton Beach Resolution — 74-12-Convey property in IP-Ozbirn & Brooks — reading text

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RESOLUTION 7¥-/2~ A RESOLUTION AUTHORIZING THE CITY MANAGER TO CONVEY CERTAIN PROPERTY ON BEHALF OF THE CITY OF FORT WALTON BEACH GRANTING AN OPTION TO PURCHASE, AND PRO- VIDING THE EFFECTIVE DATE HEREOF. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: 4 SECTION I. That the City Manager of the City of Fort Walton Beach is hereby authorized to execute the attached deed to Hoyt R. Ozbirn and W. Edsel Brooks upon payment of the sum of $4,500.00 per acre, plus on-site improvements. SECTION IT. That the City further grants to Hoyt R. Ozbirn and W. Edsel Brooks an option to purchase an additional 2 1/2 acres within two years from date for $4,500.00 per acre and the same to contain a comparable deed restriction in accordance with the deed attached hereto, and the property being more particularly described as follows: Begin at the SW corner of the NW 1/4 of the SW 1/4 of Section 9, Township 2 South, Range 24 West, Okaloosa County, Florida. Proceed South along section line 66 feet to the South right-of-way of Lovejoy Road; thence South 87°24' East along right-of-way 1459.34 ft. to the P.O.B.; thence continue South 87°24' East 350 feet; thence South 2°36' West 321.98 feet; thence North 87°24' West 350 feet; thence North 2°36' East 321.98 feet to the P.O.B. Said parcel contains 2.59 acres more or less and is subject to existing easements. SECTION IIT. This resolution being of administrative nature shall take full force and effect immediately upon its passage and approval by the Mayor. Advertised on City Hall Public pyicen Board - 39-714 Month Dia Year To Ss - r-7¢ From City Clerk ADOPTED: Copied 2.3 LIA MAYOR: y Reviewed And Which Will B Approved By The City Attorney Council of the 2 Legal When Enacted By The Cir City of Fore Wealhtan Beach, Flo, wh WALTER J. sMrii fbi ee ce City Attorney

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