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File #: 18-1104 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 7/5/2022 In control: Community Redevelopment Agency
On agenda: 7/14/2022 Final action:
Title: REDEVELOPMENT ON SW 5TH AVENUE - RESOLUTION NO. 2022-05 - AGREEMENT FOR PURCHASE & SALE - 115 SW 5TH AVENUE - $80,000 & ENVIRONMENTAL SITE ASSESSMENT - 105 SW 5TH AVENUE
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Resolution 2022-05 - 115 SW 5th Ave, 3. Exhibit B - Purchase and Sale Agreement, 4. Exhibit C - Location Map
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Kim N. Phan, Esq., Legal Advisor
THROUGH: Renée A. Jadusingh, Executive Director
DATE: July 14, 2022

Title
REDEVELOPMENT ON SW 5TH AVENUE - RESOLUTION NO. 2022-05 - AGREEMENT FOR PURCHASE & SALE - 115 SW 5TH AVENUE - $80,000 & ENVIRONMENTAL SITE ASSESSMENT - 105 SW 5TH AVENUE

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Recommended Action:
Recommendation
Staff recommends to the CRA Board the following:

1) Approve Resolution No. 2022-05;

2) Approve the Purchase and Sale Agreement with the purchase price of $80,000, in substantially the attached form, and subject to the Sellers’ execution of the Purchase and Sale Agreement;

3) Authorize Staff to proceed with the purchase of 115 SW 5th Avenue pursuant to the Purchase and Sale Agreement, subject to the Sellers’ execution of the Purchase and Sale Agreement;

4) Authorize Staff to proceed with recommendations from Universal Engineering Sciences related to 115 SW 5th Avenue, subject to the Sellers’ execution of the Purchase and Sale Agreement;

5) Also, given the proximity of the CRA Owned property at 105 SW 5th Avenue to the Subject Property, authorize Staff to retain Universal Engineering Sciences to perform an environmental site assessment of this property; and

6) Authorize the CRA’s Chair, Executive Director and legal counsel to execute any and all related document.

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Background:

The Subject Property is located within the Southwest Neighborhood at 115 SW 5th Avenue, Delray Beach, Florida, (CRA Sub- Area #8). The Subject Property is a vacant lot that is approximately 5,130 sq. ft. and is zoned Central Business District. The CRA owns the adjacent parcel north of this lot at 105 SW 5th Avenue.




The Subject Property is currently owned by seven individuals (“Sellers”), as follows:

1. Geary Reginald Wilson, an individual, as to an undivided 25% interest,
2. Andre Rochelle Odom, an individual, as to an undivided 25% interest,
3. Alfreida Janelle Williams Thompson, an individual,...

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