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Fort Walton Beach Council agenda — 11-12-02 regular Council agenda — reading text

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o o 1 ORDINANCE 1529 2 3 AN ORDINANCE OF THE CITY OF FORT WALTON BEACH RELATING TO 4 BY THE CITY; PROVIDING 5 SALE OF EXCESS REAL PROPERTY OWNED OF FACT; PROVIDING FOR 6 FOR AUTHORITY; PROVIDING FOR FINDING FOR SALE AND PURCHASE 7 CITY COUNC~ APPROVAL OF A CONTRACT TECHNOLOGY, INC., OF 8 AND THE CONVEYANCE TO MANUFACTURING IN THE FORT WALTON 9 61 ACRES OF REAL PROPERTY LOCATED P ARK GENERALLY LOCATED 10 BEACH COMMERCE AND TECHNOLOGY STREET; AND 11 AT THE CORNER OF HIIL AVENUE AND ANCHORS AUTHORIZING AND DIRECTING CLOSING BY THE MAYOR,CITY 12 FOR THE EFFECTIVE 13 MANAGER AND CITY CLERK;AND PROVIDING 14 DATE HEREOF. 15 16 OF THE CITY OF FORT WALTON 17 BE IT ORDAINED BY THE CITY COUNCIL 18 BEACH,FLORIDA: 19 is Section 166. 021, Florida 20 SECTION 1. AUTHORITY. The authority for this Ordinance 315 of the Codified Ordinances of the City. 21 Statutes, and Section 2- 311 through Section 2- 22 finds and determines that the 23 SECTION n.FINDINGS OF FACT. The City Council for immediate or future 24 described real property is excess real property, unneeded no existing or projected development or use 25 development or use by the City. The City has has been negotiated and the proposed 26 for the property. The best price and utilization uses benefiting the City and its 27 utilization of the property and its development are for 28 citizens. 29 APPROVAL. The Purchase 30 SECTION m. EXCESS REAL PROPERTY SALE Inc., a copy ofwhi~h is 31 Agreement between the City and Manufacturing Technology, the excess real property owned by 32 attached hereto and made a part hereof by reference, for 33 the City described as: 34 2 South, Range 35 That part of the Southeast Quarter of Section 8, Township 24 West in the City of Fort Walton Beach Commerce and Technology Park, 36 as follows: 37 Okaloosa County, Florida,being more particularly described 38 the 39 Commence at the 4- inch by 4-inch concrete monument marking thence 40 southeast comer of said Section 8 for the Point of Reference; the south line proceed North 87 degrees 27 minutes 20 seconds 830.along West 41 of 95 feet to the east 42 of said section for a Basis of Bearing a distance Avenue ( 100' RIW);thence North 01 degree 15 43 righto- f- way line of Hill 610.41 of 44 minutes 20 seconds East along said righto- f- way line a distance Hill Avenue and Anchors 45 feet to the northeast comer of the intersection of described; thence South 46 Street for the Point of Beginning of the land to be o o 87 degrees 24 minutes 00 seconds East along the north right- of-way line of r"47 North 01 degree 48 Anchors Street ( 80' R/ W)a distance of 168. 50 feet; thence 00 feet; thence North 88 49 15 minutes 00 seconds East a distance of 160. of 168. 44 feet to a point on 50 degrees 45 minutes 00 seconds West a distance Hill Avenue; thence South 01 51 the east righto- f- way line of the aforesaid said right- of-way line a distance 52 degree 15 minutes 20 seconds West, along tract containing 0. 61 acres, 53 of 156. 03 feet to the Point of Beginning. Said 54 more or less. 55 Florid~ its successors and 56 Reserving to the City of Fort Walton Beach, maintenance, repair 57 assigns, a fifteen 1(5) foot easement for the installation, of Fort Walton Beach, 58 and servicing of utilities for the benefit of the City above described property, 59 Florida, along the west property line of the right-of- way line of Hill Avenue. 60 adjoining the east 61 62 Subject to all existing easements of record 63 to the Purchase Agreement is 64 is approved and conveyance of the land by the City pursuant of conditions by the City 65 authorized. The Purchase Agreement contains the imposition and City Clerk are 66 authorized to be imposed by the City. The Mayor, City Manager, to execute and deliver such deeds and other documents as are necessary to close 67 authorized 68 the s~ e. 69 C 70 SECTION IV. EFFECTIVE DATE. This Ordinance shall take effect immediately upon 71 approval by Council and signature by the Mayor. 72 73 ADOPTED: 74 75 MAYOR: 76 GLENDA GLOVER 77 78 79 ATTEST: 80 81 82 HELEN A SPENCER 83 CITY CLERK 84 85 86 The form and legal sufficiency 87 of the foregoing has been 88 reviewed and approved by the City Attorney. 89 90 91 92 ClTY ATTORNEY 93 J. JEROME MILLER 94 Fla. Bar # 0128569 o o PURCHASE AGREEMENT and between the City of Fort Walton C This Agreement is made and entered into on lO- 24- 0~ by City"), referred to as " located at City Hall,P. O. Box Beach, a municipal corporation h(ereinafter and Manufacturing Technology, Inc., with its principal 4009, Fort Walton Beach, Florida, 32549, Fort Walton Beach, Florida 32548- 3877 place of business at 70 Ready Avenue N.W., hereinafter, referred to as ''Purchaser' ). In consideration of the mutual covenants and conditions herein set forth, City and Purchaser agree as follows: SECTION ONE CONVEYANCE The City shall convey title to the real property described in Exhibit " A", by special municipal or through the City, and subject to matters contained warranty deed, warranting against claims by Purchaser. in Paragraph ten ( 10) and those otherwise accepted by SECTION TWO PURCHASE PRICE 50, 000. 00), which Purchaser agrees to pay to The purchase price is Fifty Thousand Dollars ($ City as fonows: . within seven ( 7) days of A Five Thousand Dollars ($ 5, 000. 00) earnest money deposit Council on first reading, at which time the adoption of the related ordinance by the City parties will sign this Agreement; 00), by certified funds issued by a local bank B. Forty-Five Thousand Dollars ($ 45, 000. within seven (7) days after the Effective Date; earnest money deposit is forfeited and C. If Purchaser

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