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Home My WebLink AboutDocumentation_Regular_Tab 10-J_4/9/1998 4 RESOLUTION NO. 23-97/98 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROVING THE SALE OF VILLAGE LAND TO SHAW PROPERTIES, INC. IN THE AMOUNT OF $16,742 . WHEREAS, Shaw Properties, Inc. previously leased land from the Village; and WHEREAS, the Village of Tequesta no longer desires to lease property to Shaw Properties, Inc. ; and WHEREAS, representatives of Shaw Properties, Inc. requested to purchase 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. 2 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 $13 , 600 . 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 appraised parcel, plus the additional land requested by Shaw Properties, Inc. totaling 4, 839 square feet to Shaw Properties, Inc. in the amount of $16, 937 with all associated charges and fees to be borne by Shaw Properties, Inc. and to do all things necessary to close the sale. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Cameron , who moved its adoption. The motion was seconded by Councilmember Mackail , 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 . 1 io,o1.30f : OR OF TEQUES2 rai-i-=a t A. Schauer . ATTEST: ' 2=147-if4angani to Village Clerk wp60\res\23 2 • • SAvi PPPP EL 0 . . . Z ti . tt . l'-...- il,*.,G,. t Le e/r o • I • ..,/ •e.o etrest a oio fr.�r/eea ) ®.�vdvo x eMr eere —i—. 55Vr�LiRI.IO it°AGYE • lk • (/mee .4 Mw I#1e• Ar4auA 14.21• l.ONr/x.444►f,T,4..4ifl • O I Ott1/4 _ a�.rtri sr�,vp ' (� 1_Ls,if MYM7fD RAwRPtrn'S A:Ne/tN 1�7b' . \•�l� 5 • eao• LNt40:r lap J D' _ `" I �:.x. .s 4J tor'a6 . 7 - f __•_ A • 32' FtiYldCda ,SN0I P % Po�rD<,G�0/dee/ 40 Mee-,').t4•. ,A. 4W ' AWAYIP yweatlnft • a LE4 4? Dcce,/,or/D./ . 8..h4m_}1 THE EAST/RO'FEET OF THE SOUTH 16 EARCf1L}_1 TOOETHCR WITH TU£ EAST 23 FEET OP . FEET OP A PARCEL Or LAND IN SECTION 30, THE NORTH AP4IAr FEET OF THE SOUTH 300 FEET OF TOWNSHIP 40 SOUTH, RANGE 43 EAST, PALM BEACH A PARCEL OF LAND IN SECTION 30, TOWNSHIP 40 .O COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED SOUTH, RANGE 43 EAST, PALM BEACH HUNT?, AS FOLLONSt FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS nl I FOLLOWS, . FOR A POINT OF BEGINNING, COMI®ICE AT A POINT IN THE SOUTH LINE OP SECTION 30, TOWNSHIP 40 BEGINNING AT TEE• INTERSECTION 08 THE SOUTH •fIdVOMlMQlfIbYO SOUTH. RANGE 43 EAST, AT A DISTANCE OF 215.21 LINE-OF SAID SECTION 30 WITH THE WESTERLY ' �'41,00��"• FEET WEST OF TEE SOUTHEAST COINER OP THE RIGHT-OF-WAY LINE .OF U. S. HIGHWAY NO. 1 '-'Awn:seert/.O.fe..I,AIY//,+VpdAV%t SOUTHWEST QUARTER OP SAID SEC'I+EON/ THENCE (STATE ROAD N0. 511 THENCE WESTERLY ALONG THE ' • ow/v.W eiv.toAre • NORTHERLY AT RIGHT ANGLES TO SAI SOUTH LINE SOUTH.LINE OF SAID SECTION 30, A•DISTANCE OF OP SECTION 30, A DISTANCE OP 30 PEST TO A 250 FEET TO THE POINT OF BEGINNING, THENCE " POIHTI SAID POINT BEING THE POINT P BEGINNING NORTHERLY AT RIGHT ANGLES A..DIDTANCE 300 FEET; AND.TEE SOUTHEAST CORNER OF TEE T CT OP LAND THENCE WESTERLY, PARALLEL-TO THE.SOUTH LINE OP HEREIN DESCRIBED, THENCE CONTINUE ORTHERLY ON SAID SECTION 30, A DISTANCE OP 250 FEET _ !��` ' THE SIDE COURSE A DISTARCE OF 013. 6 FRET TO A THENCE SOUTHERLY AT RIGHT ANGLES, A DISTANCE y POINT1 THENCE WESTERLY, AT RIGHT ANGLES TO TIIE OF 300 FEET TO A POINT IN THE SOUTH LIFE pF A,1.lQxror� LAST DESCRIBED COURSE, A O1S4ANCE OF 250 SAID RECTION 70, THENCE EAO?EIILY ALONG THE dO/ FEET, THENCE SOUTHERLY. AT RION?ANGLES TO THE SOUTH LINE OP SAID SECTION 30, A DISTANCE OF LAS? DESCRIBED COURSE. A DISTANCE OP 313.76 250 FEET TO THE POINT OF BEGINNERS). FEET' THENCE EASTERLY, AT RIGHT ANGLES TO THE ERTIFIED TO: LAST DESCRIBED COURSE, A DISTANCE OF 250 FEET CONTAINING / -.SQ. FEET OR 0.Hf ACRES WORE TO THE POINT OF BEGINNING: EXCEPTING T11ERE►ROM OR LESS. p•R�Marr/� EMERY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF THE TIIE NORTH 140 FEET. • 'I 'M.I?` O:.FOR; U/ r A�f/�� d r EVEN REPRESENTED SASET FORTH ONBY HECOMPLIESF WITH THE MIOF LAND TECHNICAL y�e3S•8Z S'+!r fA."'�I '.v�/ry7/r��G�/ RSUANT TO SECTION 472.027 AND CHAPTER 61101114.FLORIDA SSTATUTES. 1 _ BIBLE ENCROACHMENTS.IF ANY,ARE AS SHOWN. _APPROVED BY: _ DRAWN By:D/y/!� '.GTE. I.No+eereh of!he D"Dhe records naf been made by Hill office. c C r rS "-Moir;�j�%?/?7 FA.�>� P. 2/ 2 Tma survey'+n01 mind unle+s em00++ed with IUIvey0rI a1R1• D E A R LOV E ASSOC.O Ve �W�yj1q��L 1, S.Written eimemmna,ewe precedence over scaled dimensions ROBERT J.OEAd Suib LAND .��._.*�* /�/��/rf�� I� K� 4.Legal 0efenDlmn supplied by elienl P,ele,c.I.N .3 swyey0l .• SURVEYORS Ar°siL/ViV Certificate No,3930 .*.i a� 430 S.OLD DIXIE NWT. SUITE 10 5.Elevttaina hereon erred on_ •• AO. Slate or Florida ;,`::' JUPIT R, AQVIYS* _ - E FLORIDA 33450 1ORAWINO NUMBER: 0.Be+hrips hereon haled on �.0. __.. _ �r'� 14071 716.8745 �A www 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 RZ0000505 SLCerLGen.REA RZ0000662 Michael R.Slade.MAI.SRA.CRE ■BOCA RATON■ StCert.Gen.REA RZ0000116 Daniel P.Hrabko,MAI Daniel P.Hrabko,MAI St.Cert.Gen.REA RZ0000048 St.Cert.Gen.REA RZ0000048 ■STUARTU Joe R.Price,MAI,SRA Harry D.Gray,MAI,SRA St.Cert.Gen.REA RZ0000555 SLCerLGen.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 I 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 1 e Callaway & Price, Inc. EXECUTIVE SUMMARY - PARCEL II PROPERTY TYPE : Vacant Commercial LOCATION : 1,000 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: — LAND : The land is irregularly shaped and contains 3,886 square feet or .089 acres. 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 commercial development. VALUE INDICATIONS: • SALES COMPARISON APPROACH : $13,600 MARKET VALUE CONTRIBUTION TO THE WESTERLY ABUTTING PROPERTY OF THE SUBJECT PROPERTY AS OF FEBRUARY 13, 1998 : $13,600