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File #: 18-0413 CRA    Version: 1 Name:
Type: CRA Contract Status: Agenda Ready
File created: 7/31/2019 In control: Community Redevelopment Agency
On agenda: 8/13/2019 Final action:
Title: RESOLUTION NO. 2019-10 - AGREEMENT FOR PURCHASE & SALE - HABITAT FOR HUMANITY OF SOUTH PALM BEACH COUNTY, INC. - 242 NW 6TH AVENUE
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Location Map and Photo, 3. Exhibit B - Resolution 2019-10 for PSA 242 NW 6th Ave., 4. Exhibit C - Purchase and Sale Agreement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Tara Toto, Project Manager
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: August 13, 2019

Title
RESOLUTION NO. 2019-10 - AGREEMENT FOR PURCHASE & SALE - HABITAT FOR HUMANITY OF SOUTH PALM BEACH COUNTY, INC. - 242 NW 6TH AVENUE

Body
Recommended Action:
Recommendation
Approval of Resolution No. 2019-10 for the Agreement for Purchase and Sale with Habitat for Humanity of South Palm Beach County, Inc., for conveyance of 242 NW 6th Avenue in accordance with the terms specified in the agreement and authorize the CRA Chair to sign any and all documents related to this transaction.

Body
Background:

The subject property 242 NW 6th Avenue is located south of NW 3rd Street and west of NW 6th Avenue, between Lake Ida Road and W. Atlantic Avenue, (CRA Sub-Area #4) and zoned R-1-A (Single Family Residential). The property is approximately 12,136 sq. ft. and is currently vacant.

At the June 11, 2019 CRA Board meeting, the Board considered the Letter of Intent, dated May 21, 2019, from Habitat for Humanity of South Palm Beach County, Inc. (“Habitat”) to acquire one (1) CRA-owned property - 242 NW 6th Avenue to develop two (2) single-family homes through their affordable housing program. The information on the CRA-owned property is as follows:

Address Parcel Control No. Subdivision Date CRA Acquired CRA Purchased Price Proposed Purchase Price
242 NW 6th Avenue 12-43-46-16-01-010-0040 DELRAY TOWN OF 3/19/19 $94,000.00 $2,000.00

Habitat’s request to acquire the properties from the CRA include the following conditions based on the proposal and any other terms deemed necessary by the CRA Board:

1. Habitat for Humanity of South Palm Beach County, Inc. will construct two (2) single family residential dwelling units each consisting of three (3) bedrooms, two (2) bathrooms and an enclosed one (1) car garage.

At the meeting, the CRA Board directed CRA Staff and Legal Counsel to negotiate the Purcha...

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