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Home My WebLink AboutDocumentation_Regular_Tab 10-I_4/9/1998 RESOLUTION NO. 22-97/98 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROVING THE SALE OF VILLAGE LAND TO LODESTAR TOWERS, INC. IN THE AMOUNT OF $11, 500 . WHEREAS, the predecessor to Lodestar Towers, Inc. leased approximately 3 , 328 square feet of land from the Village; and WHEREAS, the Village of Tequesta no longer desires to lease said property to Lodestar Towers, Inc . ; and WHEREAS, representatives of Lodestar Towers,. Inc . requested to purchase said property from the Village of Tequesta; and WHEREAS, the Village secured the services of Callaway & Price, Inc. to conduct an appraisal to determine the fair market value of the land in question, identified as Parcel No. 1 in the Callaway & Price, Inc . Appraisal Report dated February 23, 1998 ; and WHEREAS, Callaway & Price, Inc. appraised the land in question to have a market value of $11, 500 . • NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The foregoing recitals are hereby ratified and - confirmed. Section 2 . The Village Manager is hereby authorized to sell the 3 , 328 square foot parcel: to Lodestar Towers, Inc. in the amount of $11, 500 with all associated charges and fees to be borne by Lodestar Towers, Inc. and to do all things necessary to close the sale. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Mackail , who moved its adoption. The motion was seconded by Councilmember Hansen , and upon being put to a vote, the vote was as follows : FOR ADOPTION AGAINST ADOPTION Alexander W. Cameron Joseph'N. Capretta Carl C. Hansen Ron T. Mackail Elizabeth A. Schauer The Mayor thereupon declared •the Resolution duly passed and adopted this 9th day of April, A.D. , 1998 . MAYOR OF TEQUESTA • U Elizabet . Schauer ATTEST: • Cii oann Manga ello ✓ Village Clerk wp60\res\22-98 2 • A T , • RESET TOP OF EXISTING M.H. TO • MATCH NEW PAVING EXISTING B'H. ip$' - N CBS WALL 173.76' in3OO.00' c i r-.-- ----- -- -- •-- -- --.--. —. .� .___..) /---EXIST.SANITARY _ s s / SEWER MAINTAIN ACCESS TO THIS AREA AND ALONG '^ O EASEMENT WEST SIDE OF PROPERTY DURING CONSTRUCTION /i s ^ s. EXIST.STUB OUT s * H ACCESS I/ N�W FENCE HEIGHT TO MATCH g%ISnNG AS- LT I Is I// •' e A. 'rsli//%`/. // %/ / /, ENT • ^�a TEXISTING O REMAIN FENCE • g Y XI RE PON 1 PRPOL E* ARD' lip, N..7.16, ` ®t '�ceJ�y��, \ 2 V• . I i' ( PA aASNT 20' DINS .�%1 1N4%7 j LANDSCAPING K _I • I RE •VE E• T. j CA d ✓ ENC I •I j I 2' I �'. K—' SAY FOT R N1) I'' • / e b S a LIMITS OF /- 8 CONSTRUCTION I I m I INEW BI ILDINCI I :� / o �T IN• 1 1 I I I / \ 111 g 1 EXISTING • W N I • 7,p �'� I I I I I I I GG� a /BUILDING EXISTING I CO • LE r. / ` / - -, HOLDING TANK '^ot I S:., H P • LANDSCAPING m / 12,7%111‘,... y >SPE G FL. .I.C. _ / Si LANDSCAPING %///./4 / EXISnNc FENCE I /./�/ ORA. •-D 11%11111S; TO REMAIN r // ///. %41 / AR ' L. \. r///.// /wtiy//// _ I WHEEL STOPS . 41 I R I . . l._ 14/ 1(/.. //'/ - • 16. NIT - / g. 3 II S R W I I RRR 7r '__ 7 1 POLE CD I 300.0 Z /I I PRO —1 t. 4—'LINE LODESTAR. SHAW 'N i \ SITE PLAN LEGEND: I. / " NEW ASPNALT PAVING %o4 NEW LANDSCAPING 1 ,:vs I , • 1 MI NEW OM.PAVING. SLAB,AND WALKS GRAPHIC SCALE: I, ., 15004.00 . .i . , , A0011D1110 I. DESIGN CRITERIA S((E PLAN Al t1 J • LoDESTA•Q fIAQ cL r , . • `sue / ��.I(L� S•.toaae✓J 4'A?WOf l3/P lip q?—'' ,� O•.Pcsiosa veofroo/ e, ,1 • \I • E�7slere - I^ 6�� • • Jr--- • ill mil" /11 tee,' I� ti,f f b-�/r�t0/tAtrv��l caps/loire�`) G I /II' qdw��r..� .rufaaita • =u.J • • is ti h • .4 • r Le4 De�ic,P�,orio v N 4 I 1 P�L.Li.CEL 2 L B EAST 23 FEET OF THE SOUTH 144.68 PEET 0 A PARCEL OF LAND IN SECTION 30, l� TOWNSHIP 40 S�UTH, RANGE 43 EAST, PALM BRACH COUNTY, FLORIDA, BEING MORE PARTICULARLY e` • DESCRIBED AS FOLLOWS: e\ BEGINNING AT THE INTERSECTION' OF THE SOUTH • AN LINE OF SAID SECTION 30 WITH 'ME WESTERLY �� • RIGHT-OF-WAY INE OP U. S. HIGHWAY NO. 1 d1 ��/,t/l (STATE ROAD N 5)1 THENCE WESTERLY ALONG THE ' �� Off SOUTH LINE OFISAID SECTION 30, A DISTANCE OF of , 250 FEET TO THE POINT OF BEGINNING? THENCE • // NORTHERLY AT RIGHT ANGLES A DISTANCE 100 FEET; • THENCE WESTERLY, 'PARALLEL TO THE-SOUTH.LINE OF - . SAID SECTION ;-30, A DISTANCE OF 250 FEET: THENCE ,SOUTHERLY AT RIGHT ANGLES, A DISTANCE OF 300 FEET TO A POINT IN THE' SOUTH LINE OF SAID SECTION 30; THENCE EASTERLY ALONG THE SOUTH LINE OF SAID SECTION.30, A DISTANCE OF • RTIFIED TO: 250 FEET TO THE POINT OF BEGINNING. - CONTAINING .. •SQ. FEET on 0.076 ACRES MORE PREPARED FOR, EREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF THE OR LESS.'RVEY REPRESENTED HEREON COMPLIES WITH THE MINIMUM TECHNICAL Yj Q'1 c! S/tl Te/�I/e r-4, �Aree 4045.0 *.see, - IfANOARDS.AS SET FORTH BY THE FLORIDA BOAR°OF LAND SURVEYORS, 7 7LD `i (r/��/ /7 />/ G r7/r ��/ /V� !R$Uq,y1T TO SECTION Q2.027 AND CHAPTER 61017.6.FLORIDA STATUTES, • I DRAWN BY:t7./N/� IDLE ENCROACHMENTS.IF ANY ARE AS SHOWN • SCALE. ��i QD APPROVED,BY: 1,TE 1 No search.of the pubs¢records nes been made by Inn office I�•/1/•M 5B.�� p �3 2 This survey a nisi sews unieaa embossed min surveyors ISM771 D E A.R LOV E & ASSOC:- �D&�� `��_ R06ERT J.DEARLOVE /O Y :� Wrdlen d,menfi0na lane precedence ore. scared dimensionsProfessional Lane Surveyor LAND SURVEYORS • 4 Legal description supIliee by client Cerin,ealeNO. 3936 ,r4\ 450 SOLD DIRIE HWY SUITE 10 1 5 Elevalrens hereon bused on _ �A Slate al Florida {: REVISED: I ORAWINO HUNGER: _-_.__....__ 5 ' ; JUPITER, FLORIDA 3345E • ' 6.Bearings hereon based en ,�A. �� 14071 7r16.07AS �,D?� Callaway & Price, Inc. Real Estate Appraisers and Consultants Licensed Real Estate Brokers UWEST PALM BEACH■ •FORT PIERCE■ Robert J.Callaway,MAI,SRA,CRE Harry D.Gray,MAI,SRA St.Cert.Gen.REA R20000505 SLCertGen.REA RZ0000662 Michael R.Slade.MAI.SRA,CRE •BOCA RATON■ St.Cert.Gen.REA RZ0000116 Daniel P.Hrabko,MAI Daniel P.Hrabko,MAI StCert.Gen.REA RZ0000048 SLCertGen.REA RZ0000048 InSTUART. • Joe R.Price,MAI.SRA Harry D.Gray,MAI,SRA SLCert.Gen.REA RZ0000555 StCertGen.REA RZ0000662 Please reply to West Palm Beach February 23, 1998 • Thomas Hall Village of Tequesta 357 Tequesta Drive PO Box 3474 Tequesta, FL 33469-3474 • Dear Mr. Hall: Pursuant to your request, we have made an investigation and analysis of two vacant industrial • parcels. Parcel l is located 1,200 feet south of Tequesta Drive, and 250 feet west of U.S. Highway One, Tequesta, Florida. Parcel II is located 1,000 feet south of Tequesta Drive, and 250 feet west of U.S. Highway One, Tequesta, Florida. The purpose of this investigation and analysis was to estimate,the Market Value Contribution to the westerly abutting properties (see Limiting Condition Number 10) of the parcels as of February 13, 1998, in a complete appraisal report with a Summary format As a result of our investigation and analysis of the information obtained therefrom, as well as a general knowledge of real estate valuation procedures, it is our opinion that the Market Value Contribution to the westerly abutting properties (see Limiting Condition Number 10) of Parcel I as of February 13, 1998, ELEVEN THOUSAND FIVE HUNDRED DOLLARS ($11,500) As a result of our investigation and analysis of the information obtained therefrom, as well as a general knowledge of real estate valuation procedures, it is our opinion that the Market Value Contribution to the westerly abutting properties (see Limiting Condition Number 10) of Parcel II as of February 13, 1998, THIRTEEN THOUSAND SIX HUNDRED DOLLARS ($13,600) WEST PALM BEACH - 1639 Forum Place,Suite 5,West Palm Beach,FL 33401 (561)686-0333/Fax(561)686-3705 FORT PIERCE" - 505 South Second Street,Suite 230.Fort Pierce,FL 34950 (561)464-8607/Fax(561)461-0809 BOCA RATON - 4400 North Federal Highway.Suite 210,Boca Raton,FL 33431 (561)998-8088/Fax(561)686-3705 STUART - 505 South Second Street,Suite 230,Fort Pierce,FL 34950 ' (561)287-3330/Fax(561)461-0809 Callaway & Price, Inc. EXECUTIVE SUMMARY - PARCEL I PROPERTY TYPE : Vacant Industrial LOCATION : 1,200 feet south of Tequesta Drive and 250 feet west of U.S. Highway 1, Tequesta, Florida. DATE OF VALUATION : February 13, 1998. PURPOSE OF APPRAISAL : To estimate the Market Value Contribution to the westerly abutting property of the Subject Property as of the appraisal date. PROPERTY DESCRIPTION: I LAND : The land is rectangularly shaped and contains 3,328 square feet or .076 acres. I ZONING : C2, Community Commercial District, by the Village of Tequesta. LAND USE PLAN : C-2, Commercial, by the Village of Tequesta HIGHEST AND BEST USE: AS VACANT For light industrial development. VALUE INDICATIONS: SALES COMPARISON APPROACH : $11,500 MARKET VALUE CONTRIBUTION TO THE WESTERLY ABUTTING PROPERTY OF THE SUBJECT PROPERTY AS OF FEBRUARY 13, 1998 : $11,500