Broward County Commission Regular Meeting
Director's Name: Bertha Henry
Department: County Administration Division: Real Property
Information
Requested Action
title
MOTION TO APPROVE Purchase and Sale Agreement ("Agreement") between Broward County ("Purchaser") and Sawgrass Hotel, Inc. ("Seller") for the purchase of two parcels (Parcel H-1A and Parcel H-1B) containing approximately 10.7 acres, located on the northeast side of Red Snapper Road in Sunrise, Florida ("Property"), in substantially the same form as reviewed by the County Attorney, at a purchase price of $9,250,000; authorize the Mayor or Vice-Mayor to execute the Agreement and the County Administrator to attest to same; and authorize the Director of Real Estate Development to execute and process normal and customary title closing documents.
body
Why Action is Necessary
Board of County Commissioners' approval is required to execute a Purchase and Sale Agreement to acquire property pursuant to Section 6.23, Broward County Administrative Code.
What Action Accomplishes
Acquisition of this Property will allow for Transit to construct a transit station that will include: an end station for multiple bus routes; a future light rail station; a structure parking garage with approximately 800 parking spaces; taxi/transportation network companies/shuttle/kiss-n-ride drop-off and pick-up; and passenger and staff service.
Is this Action Goal Related
Yes
Previous Action Taken
None
Summary Explanation/Background
The Property is located between NW 136th Avenue and Sawgrass Mills Circle and to the northeast side of Red Snapper Road in Sunrise, Florida and identified by folio numbers 494026050310 and 494026050320. The Property is vacant land and measures approximately 10.7 acres.
The site has been identified as a potential location to construct a transit hub that will include: an end station for multiple bus routes; a future light rail station; a structure parking garage with approximately 800 p...
Click here for full text