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Resolution No. 24-25RESOLUTION NO. 24-25 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF ATLANTIC BEACH, FLORIDA, AUTHORIZING THE EXECUTION OF A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY OF ATLANTIC BEACH AND HOOSE HOMES AND INVESTMENTS, LLC, FOR THE PURCHASE OF 2.16+- ACRES OF REAL PROPERTY IN ATLANTIC BEACH ON DORA DRIVE (PARCEL ID 172118 0000, 172119 0000,172122 0000) FOR THE PRICE OF $1,075,000; AUTHORIZING THE CITY MANAGER TO EXECUTE CONTRACTS, COMPLETE DUE DILIGENCE EFFORTS AND PURCHASE ORDERS IN ACCORDANCE WITH AND AS NECESSARY TO EFFECTUATE THE PROVISIONS OF THIS RESOLUTION; PROVIDING FOR CONFLICTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, to enhance the City of Atlantic Beach's stormwater management system, the City of Atlantic Beach desires to purchase 2.16+- acres of real property in Atlantic Beach on Dora Drive (Parcel ID 172118 0000, 172119 0000, 172122 0000) from Hoose Homes and Investments, LLC, for the price of $1,075,000; and WHEREAS, the City allocated $1,075,000 in its Fiscal Year 2023-24 budget via American Rescue Plan Act funding for this purpose. NOW, THEREFORE, be it resolved by the City Commission of the City of Atlantic Beach as follows: Section 1. The City Commission hereby authorizes the execution of a purchase and sale agreement between the City of Atlantic Beach and Hoose Homes and Investments, LLC, for the purchase of 2.16+- acres of real property in Atlantic Beach on Dora Drive (Parcel ID 172118 0000, 172119 00000, 172122 0000) for the price of $1,075,000. Section 2. The City Commission hereby authorizes the City Manager to execute contracts, complete due diligence efforts and purchase orders in accordance with and as necessary to effectuate the provisions of this Resolution. Section 3. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. This Resolution shall become effective upon passage an adoption. PASSED AND ADOPTED by the City Commission of the City of Atlantic Beach, this 13a' day of May 2024. Page 1 of 2 Resolution No. 24-25 Attes Donna L. Bartle, City Clerk Approved as to form and correctness: Jason a el, ity Attorney r- " a, . � /. �V Curtis Ford, ayor Page 2 of 2 Resolution No. 23-23