File #: 12-3215    Version: Name: Sale of 529 Front Street (Pier House / Caribbean Spa) Property)
Type: Resolution Status: Passed
File created: 8/29/2012 In control: City Commission
On agenda: 10/16/2012 Final action: 10/16/2012
Title: Approving the attached “Contract for Sale and Purchase” of real property commonly known as 529 Front Street (RE Number 00072082-000600); Authorizing the Mayor to execute necessary documents upon advice and consent of the City Attorney; Specifying that closing proceeds of $7,500,000.00 shall be placed in Capital Projects Fund 303, with restrictions for use, and reimbursement of Appraisal Fees totaling $30,100.00 shall be deposited in the General Fund.
Sponsors: Bob Vitas
Attachments: 1. Resolution, 2. Executive Summary, 3. Contract for Sale and Purchase, 4. Estimated Settlement Statement, 5. Pier House Venture Group Ltr. Dated August 23, 2012, 6. Pier House Venture Group Ltr. Dated July 17, 2012, 7. Resolution 12-171, 8. Pier House Venture Group Ltr. Dated May 4, 2012
Title
Approving the attached "Contract for Sale and Purchase" of real property commonly known as 529 Front Street (RE Number 00072082-000600); Authorizing the Mayor to execute necessary documents upon advice and consent of the City Attorney; Specifying that closing proceeds of $7,500,000.00 shall be placed in Capital Projects Fund 303, with restrictions for use, and reimbursement of Appraisal Fees totaling $30,100.00 shall be deposited in the General Fund.