R15-122 t RESOLUTION NO. R15 -122
2
3 A RESOLUTION OF THE CITY OF BOYNTON BEACH,
4 FLORIDA, AUTHORIZING THE WAIVER OF THE
5 CITY'S RIGHT OF FIRST REFUSAL FOR THE
6 PROPERTY LOCATED AT 293 MEADOWS DRIVE,
7 BOYNTON BEACH, FLORIDA 33426; AND
8 PROVIDING FOR AN EFFECTIVE DATE.
9
10 WHEREAS, the property was previously owned by Shannon Skiba who had received
11 assistance from the City's First Time Homebuyer Program in order to purchase the home; and
12 WHEREAS, although the City Commission approved a short sale for this distressed
13 property, the house did not sell and was lost in foreclosure; and
14 WHEREAS, PNC Bank is now the owner of the property, has contracted to sell the
15 property and needs the City to release its Right of First Refusal so that the sale may proceed;
16 and
17 WHEREAS, the City lost its financial interest in this property when the house was
18 foreclosed upon and became the property of PNC Bank; and
19 WHEREAS, the City Commission deems it appropriate to authorize and approve a
20 Waiver of the City's Right of First Refusal for the Mortgaged Property.
21 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
22 THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
23 Section 1. The foregoing "WHEREAS" clauses are true and correct and
24 hereby ratified and confirmed by the City Commission
25 Section 2. That the City Commission of the City of Boynton Beach hereby
26 approves the waiver of the City's Right of First Refusal for the property located at 293
27 Meadows Drive, Boynton Beach, Florida 33426.
28 Section 3. That this Resolution will become effective immediately upon passage.
29 C:\ Users\ Prainitoj \Appdata\Local\Microsoft \Windows \Temporary Internet Files \Content.1E5\QXD1PCBU\RESO_-
_Waiver_Of Right_Of F rst_Refusal_- _PNC_Bank.Doc
30 PASSED AND ADOPTED this 6 day of October, 2015.
31
32
33 CITY OF BOYNTON BEACH, FLORIDA
34
35 YES NO
36
37 Mayor — Jerry Taylor
38
39 Vice Mayor — Joe Casello
40
41 Commissioner — David T. Merker ✓
42
43 Commissioner — Mack McCray
44
45 Commissioner — Michael M. Fitzpatrick
46
47
48 VOTE — G"
49
50 ATTEST:
51
52 •
53 11
54 Jan; M. Prainito, MMC
55 - - Cler,
56 GAT Y O�
57
58
59 ( • Seal) s
60 0
ti
C : \Users\Prainitoj\Appdata\Local\ Microsoft\Windows \Temporary Internet Files \Content.1E5 \QXDIPCBU\RESO_
_Waiver_Of Right_Of First_Refusal_ _PNC_Bank.Doc
Prepared by and return to:
City of Boynton Beach
Community Improvement Division
Post Office Box 310
Boynton Beach, Florida 33425 -0310
R(5 -rea
WAIVER OF RIGHT OF FIRST REFUSAL
The CITY OF BOYNTON BEACH, FLORIDA (the "CITY"), a Florida municipal corporation, being
the owner, holder and beneficiary of a right of first refusal on any sale or resale or transfer of
the real property located at 293 Meadows Drive, #29C, Boynton Beach, FL 33426, hereby
acknowledges that it has been offered the following described land pursuant to its right of first
refusal, on the following basic terms, and the CITY hereby waives its right to exercise such right of
first refusal on the following described transaction.
SELLER: PNC Bank, National Association
OFFEROR /BUYER: Ryan K. Heelan
DATE OF CONTRACT: October 3, 2015
PROPERTY DESCRIPTION: Lot 29C, Block A, The Meadows 300, Plat No. 1. PUD, according to the
recorded Plat thereof, as recorded in Plat Book 43 Page 58, of the Public Records of Palm Beach
County, Florida.
PURCHASE PRICE: $120,000.00
WITNESS my hand and seal this day of , 2015.
Signed, sealed and delivered
in the presence of: CITY OF BOYNTON BEACH
BY:
JERRY TAYLOR
MAYOR
Printed Name
Printed Name
STATE OF FLORIDA
COUNTY OF PALM BEACH
The foregoing instrument was acknowledged before me this day of 2015, by JERRY
TAYLOR as Mayor of the City of Boynton Beach a Florida municipal corporation, who is personally known to me or
has produced as identification and who did (did not) take an oath.
NOTARY PUBLIC
My Commission Expires: