Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Public Works and Environmental Services
Division: Real Property and Real Estate Development
Information
Requested Action
title
A. MOTION TO APPROVE Purchase and Sale Agreement between Broward County, as purchaser, and 2150 NE 7th Ave LLC, as seller, for the purchase of real property consisting of approximately 4.50 acres, located at 2150-2152 Northeast 7 Avenue, Dania Beach, for a purchase price of $3.5M per acre; authorize the Mayor or Vice-Mayor to execute the agreement and the County Administrator to attest to same; and authorize the Director of Housing and Urban Planning Division to execute and process all customary closing title documents. (Commission District 6)
B. MOTION TO ADOPT budget Resolution transferring funds from reserve within the Port Everglades Capital Fund from in the amount of $17,000,000, for the purpose of funding the purchase of real property including all closing costs. (Commission District 6)
body
Why Action is Necessary
Approval of the Board of County Commissioners is required for the purchase of real property. Transferring funds from reserve requires approval of the Board of County Commissioners.
What Action Accomplishes
Approves the purchase of real property for use by Port Everglades. This action appropriates one-time funds from reserve for the purchase of land including closing costs.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
Previous Action Taken
None taken.
Summary Explanation/Background
THE PUBLIC WORKS AND ENVIRONMENTAL SERVICES DEPARTMENT, THE REAL PROPERTY AND REAL ESTATE DEVELOPMENT DIVISION, AND PORT EVERGLADES DEPARTMENT RECOMMEND APPROVAL OF THE ABOVE MOTIONS.
Broward County is acquiring a portion of the property located at 2150-2152 Northeast 7 Avenue, Dania Beach, identified by folio number 5042-26-38-0020, and consisting of approximately 9.69 acres. The County will acquire approximately 4...
Click here for full text