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ORDINANCE NO.: 1407
AN ORDINANCE OF THE CITY OF FORT W ALTON BEACH
RELATING TO THE CONVEYANCE OF REAL PROPERTY OWNED
BY THE CITY AND CONSISTING OF 0. 34 ACRES +, IN EXCHANGE
FOR REAL PROPERTY TO BE OWNED BY THE SHOPPES AT
PARADISE POINTE, LTD., A FLORIDA LIMITED PARTNERSHIP,
CONSISTING OF 0. 003 ACRES+ AND A SIDEWALK AND CITY SIGN
EASEMENT; PROVIDING FOR AUTHORITY; PROVIDING FOR
FINDINGS OF FACT; PROVIDING FOR CONVEYANCE OF THE
SUBJECT QUITCLAIM DEED; PROVIDING FOR
PARCEL BY
ACCEPTANCE OF A QUITCLAIM DEED AND GRANT OF EASEMENT;
AND PROVIDING FOR AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT
W ALTON BEACH, FLORIDA:
SECTION 1. AUTHORITY. The authority for this Ordinance is Section 166. 021, Florida
Statutes.
SECTION II. FINDINGS OF FACT. The City Council finds and detennines that it is in the
best interest of the City that the City convey the real property described herein in the QuitClaim
Deed from the Cityto The Shoppes at Paradise Pointe, LTD., in exchange for the real property
described herein in the Quitclaim Deed from The Shoppes at Paradise Pointe, LTD., and a
Sidewalk and Sign Easement. The best terms have been negotiated and the proposed utilization
of thepropertiesand their development are for uses benefiting the City and its citizens.
SECTION III. REAL PROPERTY EXCHANGE APPROVAL. The exchange of the real
in EXHIBIT 1 attached hereto and
property owned by the City and specifically described
incorporatedherein reference is
by exchanged for and in consideration of the real
hereby
LTD., and specifically described in
property owned by The Shoppes at Paradise Pointe,
in
EXHIBIT 2 attached hereto and incorporated herein by reference and further for and
Pointe,
consideration of the easement granted over property owned by The Shoppes at Paradise
LTD., and described in EXHIBIT 3 attached hereto and incorporated herein by
specifically
reference, is hereby approved.
SECTION IV. FORM OF CONVEYANCE AND ACCEPTANCE. The conveyance by
and easement is authorized.
quitclaim of the City parcel and acceptance of the exchanged parcel
The Mayor and Clerk are authorized to execute and deliver such deeds and other documents
City
as are necessary to close the exchange.
e:\ municipal\ fwb\ ordinanc\ publixswapord. doc
SECTION V. EFFECTIVE DATE. This ordinance shall take effect immediately upon
approval by Council and signature by the Mayor.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON
BEACH, FLORIDA ON THE ~ DAY OF
1'.1/ / , 2000.
AT~
ES1: . ~__
HE~"~ R:~~ ric
The fonnand legal sufficiency of the
foregoing has been reviewed and approved by
e ttomey.
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AGJt.R.S:S : ro DZE.D ' 1'0 :1'SE CITY OJ' J'01l: c' WAX.Teal B. 2ACa, 7L0:R7DA, TKZ
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HIS QUX~ CLAIM CEEP ZS CONDl~%ON~ UPON GRANT. Z TAKXWQ ~ ITLE ' 1'0
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SIDZWALK AND SIGN XASZMENT CONTEHPO~! O~ SLY WI~ H THE ~ c~ rl0N or
