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R96-117RESOLUTION NO. R96-//~ A RESOLUTION OF THE CITY COMmiSSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT FOR SALE AND PURCHASE BETWEEN THE CITY OF BOYNTON BEACH AND FLORIDA EAST COAST RAILWAY COMPANY, FOR THE PURCHASE OF PROPERTY FOR THE PALMETTO GREENS PARK PROJECT; AND PROVIDING EFFECTIVE DATE. WHEREAS, the City of Boynton Beach, upon recommendation of staff, has deemed it to be in the best interests of the citizens and residents of the City to enter into a Contract with Florida East Coast Railway Company for the purchase of certain properties for the Palmetto Greens Park Project; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, hereby accepts authorizes and directs the Mayor and City Clerk to execute a Contract for Sale and Purchase with Florida East Coast Railway Company, which Contract is annexed hereto as Exhibit "A". Section 2. upon passage. This Resolution shall take effect immediately PASSED AND ADOPTED this ~ day of August, 1996. ATTEST: CITY OF BOYNTON BEACH, FLORIDA Vice May r/ / / ~ C cfmmi s s i onerf~ Commi s s ion~ Co~ssionor (Corporate Seal) Authsig. Res. FECR.Rec 8/2/96