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File #: 18-0359 CRA    Version: 1 Name:
Type: CRA Contract Status: Agenda Ready
File created: 6/4/2019 In control: Community Redevelopment Agency
On agenda: 6/11/2019 Final action:
Title: HABITAT FOR HUMANITY OF SOUTH PALM BEACH COUNTY - LETTER OF INTEREST TO PURCHASE OF ONE (1) CRA OWNED RESIDENTIAL PROPERTY
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Location Map, 3. Exhibit B - LOI
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Krista Walker, Contract Manager
THROUGH: Jeff Costello, CRA Executive Director
DATE: June 11, 2019

Title
HABITAT FOR HUMANITY OF SOUTH PALM BEACH COUNTY - LETTER OF INTEREST TO PURCHASE OF ONE (1) CRA OWNED RESIDENTIAL PROPERTY

Body
Recommended Action:
Recommendation
By Separate Motion:

1. Authorize CRA Staff and CRA Legal Counsel to negotiate a Purchase and Sale Agreement for Habitat for Humanity of South Palm Beach County, Inc. for the conveyance of the property located at 242 NW 6th Avenue with a purchase price of $2,000, based upon the framework provided in the Letter of Intent, subject to any additional terms and conditions requested by the Board.

2. Authorize the issuance of a 30-day public notice of the CRA’s intent to dispose of property at 242 NW 6th Avenue to Habitat for Humanity of South Palm Beach County, Inc. in accordance with Florida Statutes Section 163.380(3)(a).

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Background:

The CRA received an unsolicited letter of interest from Habitat for Humanity of South Palm Beach County, Inc. (“Habitat”) to purchase one (1) individual parcel to construct two (2) new single-family homes. The parcel and details are listed below.

ADDRESS LOT/BLOCK PCN SUBDIVISION DATE CRA ACQUIRED PURCHASE PRICE PROPOSED PURCHASE PRICE
242 SW 6th Avenue Lot 9 / Block 4 12434616010100040 DELRAY TOWN OF 3/19/19 $95,248.50 $2,000

Habitat’s request to acquire the property from the CRA, includes the following conditions based on the attached proposal and any other terms deemed necessary by the CRA Board:

1. That Habitat for Humanity of South Palm Beach County will construct three (3) bedroom, two (2) bathroom single family home with an enclosed one (1) car garage, All Tile, Hurricane Impact Windows, Double Truss Strapping, Owen’s Coming 20 Year Architectural Shingle Roof, Landscape with Sprinkler System, Stucco Siding to Resemble Hardy Board, Covered Porch lined with Columns and Railings, Whirlpool Appliances ...

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